Satyam allies with Temenos for banking system

Satyam Computer Services announced that it has forged a strategic alliance with Temenos, a Switzerland-based provider of integrated core banking systems, to implement a modular core banking system.


MUMBAI: IT major Satyam Computer Services announced that it has forged a strategic alliance with Temenos, a Switzerland-based provider of integrated core banking systems, to implement a modular core banking system.

Satyam said in a communiqué to the Bombay Stock Exchange that it will help banks around the world leverage T24 to manage operations more efficiently, increase flexibility and enhance customer service.

"This alliance enables Satyam to help Temenos implement and serve as systems integrator for T24, which is recognised as the world's most technically advanced banking system," Satyam Global Banking Head Peter Swears said.

We look forward to enabling banks to gain optimal value from robust Temenos products, end to ensuring that they can leverage the software to accommodate requirements well into the future, he added.
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