Tech Mahindra reports 153% profit surge, announces interim dividend at Rs 15 per share

Tech Mahindra reports 153% profit surge, announces interim dividend at Rs 15 per share

Tech Mahindra, a global leader in technology and digital services, has made headlines with a 153% year-over-year surge in profit after tax (PAT), hitting Rs 1,250 crore in the latest quarterly earnings ending September 2024. Riding on strategic deal wins and increased operational efficiencies, the company also declared an interim dividend of Rs 15 per […]

Credicorp Capital launches on Temenos Multifonds SaaS: A major leap in financial management

Credicorp Capital launches on Temenos Multifonds SaaS: A major leap in financial management

Credicorp Capital, part of one of Latin America’s largest financial conglomerates, now operates on Temenos Multifonds delivered as a Software-as-a-Service (SaaS). This strategic move is set to revolutionise the company’s fund management capabilities across various countries, offering enhanced stability and operational agility. In a significant development, Temenos (SIX: TEMN) has announced that Credicorp Capital has […]

Temenos and Tech Mahindra forge strategic partnership for banking innovation

Temenos and Tech Mahindra forge strategic partnership for banking innovation

Temenos (SIX: TEMN), a global leader in banking software, has today announced a strategic partnership with Tech Mahindra (NSE: TECHM), a renowned provider of technology consulting and digital solutions. This collaboration marks a significant development in the financial services sector, especially for Electronic Money Institutions (EMIs) in the UK and Europe. The partnership focuses on […]

Alter Domus implements Temenos Multifonds platform to streamline alternative investment operations

Alter Domus implements Temenos Multifonds platform to streamline alternative investment operations

Alter Domus, a global leader in tech-enabled fund administration services for the alternative investment industry, has successfully implemented Temenos’ automated fund management platform, Temenos Multifonds Global Investor Servicing. This significant technological upgrade was completed in less than six months, a remarkable achievement that underscores Alter Domus’s commitment to enhancing its service offerings in a fast-evolving […]

HCL Technologies, Temenos to speed up digital transformation of financial institutions

HCL Technologies, Temenos to speed up digital transformation of financial institutions

Indian IT company HCL Technologies (HCLTech) has expanded its partnership with Swiss banking software company Temenos to help banks and other financial institutions expedite their digital transformation. The most recent collaboration combines the vast cloud hosting capability, integration, and implementation abilities that are part of HCL Technologies and the open platform for composable bank of […]

Larsen & Toubro Infotech to deploy digital banking platform for Hoist Finance

Larsen & Toubro Infotech to deploy digital banking platform for Hoist Finance

Larsen & Toubro Infotech (LTI) said that its digital banking platform will be deployed by Swedish financial services company Hoist Finance. According to the Indian technology consulting and digital solutions provider, its digital banking platform will be used for providing banking-as-a-service for performing loans by the Swedish firm. Powered by Temenos, the digital banking platform […]

Temenos helps Orange Bank Africa implement mobile-first banking strategy

Temenos helps Orange Bank Africa implement mobile-first banking strategy

Temenos, a Swiss banking software company, said that it has helped Orange Bank Africa to go live with cloud-native Temenos Transact delivered as SaaS and provide innovative digital banking services in West Africa. According to the banking software provider, its Temenos Transact core banking technology scales to support Orange Bank to launch and bring in […]

Temenos to acquire Kony to advance digital front office product Temenos Infinity

Temenos to acquire Kony to advance digital front office product Temenos Infinity

Temenos acquisition of Kony : Temenos, a Swiss banking software company, has agreed to acquire Kony, a US-based digital banking SaaS company, for an enterprise value of $559 million and an earn-out of $21 million. Kony Digital Banking Experience (Kony DBX) product includes a suite of mobile banking apps, which delivers omnichannel experiences including support […]