Temenos : builds on Leumi success with new Tel Aviv office
February 27, 2017 at 09:12 am
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Move signals Temenos continued confidence in Israel as a so-called 'second silicon valley' for digital banking
Geneva, Switzerland - 21st February 2017 - Temenos (SIX: TEMN), the software specialist for banking and finance, today announces today announces expansion in Israel with the opening of a new office in Tel Aviv, leveraging the success of the Bank Leumi Israel's digital bank project, Pepper.
The Tel Aviv office marks our long term commitment supporting our customer Bank Leumi and their new digital bank, Pepper, and recognises the market potential for many other banks who wish to renew their core systems and enter the digital banking space. The office will be headed up by Alexa Guenoun, Regional Director, and supported by a local team of experienced consultants.
Alexa Guenoun, Temenos Regional Director, said:
'This a great opportunity for Temenos to be part of a very dynamic and advanced high tech market. Israel is linked by many to Silicon Valley, with organisations such as IBM, Accenture, Google and Microsoft investing in research labs in the country. Many banks are looking at leveraging this environment. Our success with Leumi and Pepper means that we are well placed, and have the experience and technology to seize the advantage in this market.'
Temenos Group AG published this content on 21 February 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 27 February 2017 14:12:06 UTC.
Original documenthttps://www.temenos.com/en/news-and-events/news/20172/february/temenos-builds-on-leumi-success-with-new-tel-aviv-office/
Public permalinkhttp://www.publicnow.com/view/E2A12778A14B52CFED1237879C5850F84A8E5503
Temenos AG, formerly Temenos Group AG, is a Switzerland-based company engaged in the development and marketing of banking software systems. Its services include implementation, performance optimization, integration, administration, maintenance, upgrades, training and support for its software solutions. It offers solutions for retail, corporate, universal, Islamic and microfinance and community banking sectors, as well as for Private Wealth Management. The Company's client base consists of mostly banking and other financial services institutions. Its core products are Temenos T24 Core Banking (T24), a front to back office, Customer Relationship Management (CRM) and product lifecycle management software platform, as well as Front Office, an integrated, role-specific, and multi-channel solution that supports banksâ daily interactions and long term relationships with their retail, corporate, mass affluent, and High-Net-Worth (HNW) customers. It offers also funds and securities solutions.
TEMENOS GROUP 
