Systems Limited has joined forces with Temenos, a core banking platform leader, to empower financial institutions in five Asia-Pacific (APAC) nations.
This partnership grants Systems Limited the rights to license and further develop Temenos Country Model Banks for Indonesia, Malaysia, Vietnam, Myanmar, and Brunei. These pre-configured banking models are designed to be rapidly deployed and seamlessly integrate with Temenos’ platform.
By leveraging their deep expertise in the region’s banking landscape, Systems Limited will customize these models to meet the specific needs of each market. This will provide financial institutions with enhanced functionality and service capabilities, ultimately reducing costs and risks.
The collaboration builds upon Systems Limited’s 23-year partnership with Temenos. This long standing relationship has seen Systems Limited deliver over 127 successful banking transformations globally, backed by their team of over 1,000 certified consultants. Their recent recognition as Temenos MEA Delivery Partner of the Year 2023 further solidifies their commitment to world-class transformations.
“Country Model Banks are a key advantage for Temenos,” said Ramki Ramakrishnan, Managing Director – APAC at Temenos. “Working with partners like Systems Limited adds further value to our platform, benefiting our clients and driving growth for Temenos.”
Ammara Masood, Global Industries GM BFS at Systems Limited, echoed the sentiment, stating,
“This collaboration signifies our dedication to advancing the APAC financial technology landscape. We are excited to support banks in scaling and optimizing their businesses on the Temenos platform.”
This strategic partnership positions Systems Limited and Temenos to play a key role in modernizing the banking sector across Indonesia, Malaysia, Vietnam, Myanmar, and Brunei.