Temenos and BCT Partner to Enhance Banking Services Across Asia

Temenos and Bahwan CyberTek (BCT) have signed an agreement to develop and market Temenos Country Model Banks across key Asian markets. The partnership aims to enhance banking functionality and service capabilities for financial institutions using cloud-native technology, offering innovative, localized solutions that reduce costs and risks.

In a significant strategic move, Temenos has announced a partnership with Bahwan CyberTek (BCT) to develop and market Temenos Country Model Banks in several Asian countries. This agreement aims to boost the local banking functionality and service capabilities in India, Sri Lanka, Nepal, Bangladesh, Cambodia, Philippines, and Taiwan.

The partnership capitalizes on BCT's expertise and resources, ensuring a faster go-live experience for financial institutions while reducing costs and risks. BCT, becoming the preferred upgrade partner for Temenos in these markets, will employ the latest cloud-native technology to extend Temenos' competitive edge.

Key figures from both companies expressed enthusiasm about the collaboration, highlighting its potential to enhance customer experiences and support digital transformation goals for banks in the target countries. This agreement marks a significant milestone in empowering financial institutions with innovative banking solutions.

(With inputs from agencies.)