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2022 looks promising for the wealth management industry. Alexandre Duret, product director, wealth, Temenos, writes on the most significant changes set to shift the private banking sector.

Temenos, a banking software company, has introduced Composable Banking Services and Capabilities on its Banking Cloud. With these tools, banks can "compose" products with pre-configured and pre-assembled Temenos banking services and optional third party solutions from the Temenos Exchange, according to a press release.

Core banking provider Temenos announced last week that it is integrating Red Hat’s Process Automation Manager with its Infinity platform. The Process Automation Manager is an open-source platform that helps developers create cloud-native containerized microservices for banking automation.

Banking is going through a period of evolution right now, as banks have to adjust to new realities both from the pandemic and changing customer expectations. ATM Marketplace spoke with Sue Laws, EVP of operations in the Americas, Temenos, a banking software company, to get her predictions on where banks are headed in 2022.