Temenos’ Cloud Native Core Banking Solution Is Put On Huawei’s Public Cloud Following Partnership

Temenos’ Cloud Native Core Banking Solution Is Put On Huawei’s Public Cloud Following Partnership

Geographically, the partnership covers Asia-Pacific (APAC) with a specific focus on China, and it also includes Africa, Europe, Latin America and the Middle East. The partnership brings together the extensive cloud hosting, implementation, and integration strengths of Huawei and the power of Temenos' banking software . The scope of the partnership covers sales and marketing, implementation and training. Huawei and Temenos Announce Technology Partnership Agreement Financial institutions will be able to modernise their core banking systems on Huawei Cloud and benefit from elastic scalability, cost and operational efficiencies. Together, Temenos and Huawei will help banks of all sizes to go to market faster, open up new business models, and achieve industry-leading cost/income ratios. The two companies have demonstrated success and have a number of existing customers and successful projects in APAC. The two companies already see significant market traction and have a number of new prospects in the works. Temenos and Huawei will jointly go to market, focusing on China and moving to more regions with aligned marketing and sales processes. Temenos and Huawei have extensive reach into the global financial services market. More than 3,000 banking and financial institutions worldwide, serving the banking needs of 1.2 billion people, rely