Temenos announced the launch of Temenos LEAP, an AI-powered offering accelerating their clients’ journey to the cloud and Software-as-a-Service and offers a modernised cloud-native architecture to banks.
“With LEAP, banks can benefit from a proven, low-risk, quick- time- to- value, AI-based modernisation approach to move to the advanced, cloud-native technology of the latest Temenos Banking Platform,” said Andreas Andreades, the chief executive officer of Temenos.
Bank modernisationz
Andreades added that the Temenos’ platform allows clients to leverage a modern architecture and take advantage of cloud or SaaS opportunities through their AI-powered offering.
He explained that through LEAP, banks can “optimise for operational efficiency all through extreme automation of manual tasks making new software deployment faster and easier, less-resource intensive and drive down costs”.
Swift modernisation
Through ready-to-use service packages, extensive training from Temenos Learning Community (TLC), the AI-powered Temenos LEAP can modernise banks in just months compared to traditional upgrades.
Temenos claims faster time-to-value, increased product agility, and reduced operational costs through a more efficient platform. It also requires lower cost updating and maintenance, while banks are updated with the latest technology.
Future-ready
“LEAP dramatically changes the traditional modernisation model in keeping with our engineering tradition to find solutions that enable banks to be future-ready in an affordable and risk-managed manner with a short time to value,” said Andreades.
Bola Rotibi,the chief analyst at CCS Insight, commented,“Programs such as Temenos LEAP, with its AI-enabled, standardized approach accelerate the move for Temenos clients to a modern, cloud-native platform and allow them to gain the business agility to operate more efficiently and stay at the forefront of technological changes.”
