Temenos and Huawei have an extensive reach in the global financial services market. More than 3,000 banking and financial institutions worldwide, serving the banking needs of 1.2 billion people, rely on Temenos` cloud-native API technology. Huawei also works with more than 2,000 financial institutions worldwide, including 47 of the world`s 100 largest banks. Huawei and Temenos Announce Technology Partnership Agreement in the U.S. – PRNewswire “Huawei is ready to further strengthen its cooperation with relevant partners with cutting-edge technology solutions such as Temenos. The digital ecosystem is a place where everyone involved creates and shares value together. By strengthening partnerships, we can work together to solve problems and create value for customers, expand the pie and open up new areas of growth for the financial sector,” geographically, the partnership includes Asia Pacific (APAC) with a particular focus on China, as well as Africa, Europe, Latin America and the Middle East. The partnership combines Huawei`s extensive strengths in cloud hosting, implementation and integration with the power of Temenos` industry-leading banking software. The scope of the partnership includes sales and marketing, implementation and training.
The Huawei Intelligent Finance Summit 2021 took place from June 3 to 4 in Shanghai. Huawei Intelligent Finance Summit is a global ICT event organized by Huawei that focuses on the financial sector. It was founded in 2013, all participants were the industry elite in the financial industry. For more information about the Huawei Global FSI Summit, please visit: e.huawei.com/topic/2021-event-fsi-summit/en /index.html Geographically, the partnership includes Asia with a special focus on China and also includes Africa, Europe, Latin America and the Middle East. GENEVA, Switzerland and SHANGHAI, China – June 3, 2021 – At the Huawei Intelligent Finance Summit 2021, Huawei and Temenos (SIX: TEMN), the banking software company, announced a partnership to offer Temenos` cloud-native core banking solution in the Huawei public cloud. Temenos is the first basic banking software to be certified with Huawei infrastructure and Huawei Public Cloud. The deal, announced at Huawei`s Intelligent Finance Summit in Shanghai, combines Huawei`s hosting, implementation and cloud integration capabilities with Temenos` banking software. It covers the Asia-Pacific (APAC) region with a special focus on China and also includes Africa, Europe, Latin America and the Middle East. The scope of the partnership includes sales and marketing, implementation and training. Huawei and Temenos, the banking software company, have announced a partnership to offer Temenos` cloud-native core banking solution in Huawei`s public cloud.
Temenos is the first basic banking software to be certified with Huawei infrastructure and Huawei Public Cloud. The partnership covers the Asia-Pacific (APAC) region with a particular focus on China as well as Africa, Europe, Latin America and the Middle East. The partnership combines Huawei`s extensive cloud hosting, implementation and integration capabilities with the power of Temenos` industry-leading banking software. The scope of the partnership includes sales and marketing, implementation and training. At the Huawei Intelligent Finance Summit 2021, Huawei and Temenos, the banking software company, announced a partnership to offer Temenos` cloud-native core banking solution in Huawei`s public cloud. Temenos is the first basic banking software to be certified with Huawei infrastructure and Huawei Public Cloud. Geographically, the partnership includes Asia with a special focus on China and also includes Africa, Europe, Latin America and the Middle East. The partnership combines Huawei`s extensive strengths in cloud hosting, implementation and integration with the power of Temenos` industry-leading banking software. The scope of the partnership includes sales and marketing, implementation and training. Financial institutions will be able to modernize their core banking systems in the Huawei cloud and benefit from elastic scalability, cost and operational efficiency.
Together, Temenos and Huawei will help banks of all sizes get to market faster, develop new business models and achieve leading cost-to-revenue ratios. Both companies have been successful and have a number of existing clients and successful projects in the APAC region. Both companies are already seeing significant market traction and have a number of new prospects in the pipeline. Temenos and Huawei will enter the market together and focus on China and move to the inter-regional regions with coordinated marketing and sales processes. Banking software company Temenos has reached an agreement with Huawei to offer its cloud-native solutions in the Huawei public cloud. The growing demand for cloud-based models has accelerated during the coronavirus pandemic as banks need more resilient and agile technology offerings. The cloud has become the established software delivery method for digitally focused banks that need to get started quickly and with minimal IT infrastructure costs. Large banks are increasingly turning to the cloud to gradually modernize their systems, reduce IT complexity and costs, and accelerate time-to-market. Temenos becomes the first basic banking software provider to be certified with Huawei infrastructure and Huawei Public Cloud. . M.
Ma Yue, Executive Vice President, Huawei Enterprise Business Group (EBG); Philip Barnett, President of Strategic Growth at Temenos, said: “We are delighted to expand our leadership position in the cloud and be the first to certify with Huawei. This joint go-to-market strategy with Huawei will massively accelerate our market penetration in China, which represents an addressable market of approximately $6 billion, and we are expanding into the Middle East, Africa, Europe and Latin America. Together, we can help digital banks and large banks that need basic modernization accelerate their migration to the cloud. Temenos consolidates its leadership in the cloud and provides its software to all major public cloud providers. Photo – mma.prnewswire.com/media/1525367/Huawei_and_Temenos.jpg. Both companies have been successful and have a number of existing clients and successful projects in the APAC region. Both companies are already seeing significant market traction and have a number of new prospects in the pipeline. Temenos and Huawei will enter the market together, focus on China and move to other regions with coordinated marketing and sales processes.
Alistair Kellie & Andrew AdieNewgate Communications for Temenos. Philip Barnett, president of strategic growth and member of Temenos` executive committee, said: Microsoft has reportedly prompted an experienced semiconductor designer to leave Apple to work on the company`s server chip… Philip Barnett, President of Strategic Growth and member of Temenos` Executive Committee, said: “Together, we can help digitally focused banks as well as large banks in need of basic modernization accelerate their transition to the cloud. Our native Huawei cloud-based, cloud-based core banking solution provides flexibility, agility, elasticity and accelerates time-to-market for banks. “We are excited to expand our leadership position in the cloud and be the first to certify with Huawei. This joint go-to-market strategy with Huawei will massively accelerate our market penetration in China, which represents an addressable market of approximately $6 billion, and we are expanding into the Middle East, Africa, Europe and Latin America. Together, we can help digitally focused banks and large banks that need basic modernization accelerate their migration to the cloud. Our native Huawei Cloud-based core banking solution, based on Huawei Cloud, prioritizes APIs, agility and accelerates time-to-market for banks. Our certification for Huawei Cloud shows that our cloud-independent banking platform enables banks to pursue a multi-cloud strategy and achieve the highest level of active-active resilience with the cloud provider of their choice.
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