Temenos announced that Haventree Bank has selected Temenos to support its digital transformation and business growth. Haventree currently serves the alternative mortgage market across Canada through the broker network, catering to individuals who are underserved by traditional financial services providers. With Temenos, Haventree will leverage core banking as Software-as-a-Service (SaaS) to unlock greater business agility, improved performance, scalability, and enhanced security.

Following a rigorous selection process, Temenos was chosen for its scalable SaaS, which gives Haventree the business agility to rapidly deploy cloud-native, API-first banking capabilities on a continuously updated service. This will allow Haventree to focus its resources on clients and partners, and on transformation and innovation while ensuring an adaptable, modern IT environment.