Temenos named a Leader in the 2024 IDC MarketScapes for Digital Core Banking Platforms in North America, EMEA and Asia Pacific
Temenos’ comprehensive core banking platform helps banks enhance customer experience and increase business agility.
Temenos is positioned in the Leaders category in the 2024 IDC MarketScapes for Digital Core Banking Platforms in North America, EMEA and Asia Pacific.
According to IDC Vice President, Jerry Silva, commenting in the IDC MarketScape for North America Digital Core Banking Platforms 2024, “The Temenos Core Banking solution portfolio is a digital, cloud-native, and cloud-agnostic composable microservices-based platform. The solution is positioned for banks to compose, extend, and deploy banking capabilities at scale via cloud. It can be deployed as SaaS should the bank want, or it can also be deployed on premises. […] Recent wins in the North American market make Temenos a viable alternative as a provider that has tenure and credibility in financial services globally.”
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.