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The Ultimate Guide to IBM Certified

Solution Deployment Professional -


Application Performance Management v8.1.3
– pw9.org

IBM Certified Solution Deployment Professional - Application Performance Management


v8.1.3 Certification Exam Credential. Additionally, Temenos intends to join a growing
ecosystem of partners supporting the IBM Cloud for Financial Services and will onboard its
offerings to the platform. IBM Cloud for Financial Services is designed to help financial services
institutions address the industry’s stringent compliance, security and resiliency requirements
while supporting business transformation and innovation. The ecosystem aims to help financial
institutions transact with technology vendors that have met the platform’s stringent requirements.

Supporting a mutual vision for increasing innovation in the financial services industry, IBM
Global Business Services (GBS) created a new Temenos Services Practice. This unit uses IBM
technology and Temenos implementation to deliver long-term value for customers. The GBS
Temenos Services Practice offers banks resources designed to increase profitability, reduce
costs, and offer the flexibility to support future business growth.

Philip Barnett, President of Strategic Growth and Member of Executive Committee at Temenos,
said: “We are delighted to extend our leadership in the cloud by bringing Temenos Transact to
the IBM Cloud and also join the IBM Cloud for Financial Services ecosystem. This expanded
collaboration will help banks accelerate their move to the cloud and the benefits of a modern
cloud-native banking platform. With Temenos’ AI-powered, API-first technology, banks can
innovate faster, open up new business models, and achieve industry-leading cost/income ratios.
Integration with IBM Cloud demonstrates that our cloud-agnostic banking platform enables
banks to pursue a multi-cloud strategy and have the highest levels of active-active resilience with
the cloud provider of their choice.”

Hillery Hunter, Vice President and CTO, IBM Cloud, added: “We’ve been teaming with
Temenos successfully for decades to help financial institutions around the world deploy next-
generation banking technology, reduce costs and exploit new pockets of profitability. By
deploying Temenos Transact with Red Hat OpenShift and IBM Hyper Protect on IBM Cloud,
and leveraging our GBS Temenos Services Practice, customers can take advantage of IBM’s
leadership in cloud, security and professional services to provide personalized, innovative
offerings while protecting data in the cloud.”

Kelly Switt, Senior Director, FSI Ecosystem and Strategic Partnerships, Red Hat, said: “Red Hat
is pleased to collaborate with Temenos to enable the next evolution of financial services based
on open source technology. Red Hat OpenShift, the industry’s leading enterprise Kubernetes
platform, offers a strong foundation for financial institutions to innovate and scale in a fast-paced
industry. By combining the power of Red Hat OpenShift with leading cloud-native banking
solutions like Temenos Transact, financial institutions can capitalize on the opportunity of open
hybrid cloud to unlock new business and meet customer demands.

Temenos Transact is a cloud-native, cloud-agnostic core banking solution providing


functionality across the retail, corporate, treasury, wealth, and payments sectors. Temenos serves
over 3000 financial institutions worldwide, including 41 of the top 50 banks.

– Ends –

About Temenos

Temenos AG (SIX: TEMN) is the world’s leader in banking software. Over 3,000 banks across
the globe, including 41 of the top 50 banks, rely on Temenos to process both the daily
transactions and client interactions of more than 1.2 billion banking customers. Temenos offers
cloud-native, cloud-agnostic and AI-driven front office, core banking, payments and fund
administration software enabling banks to deliver frictionless, omnichannel customer
experiences and gain operational excellence.

Temenos software is proven to enable its top-performing clients to achieve cost-income ratios of
26.8% half the industry average and returns on equity of 29%, three times the industry average.
These clients also invest 51% of their IT budget on growth and innovation versus maintenance,
which is double the industry average, proving the banks’ IT investment is adding tangible value
to their business.

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