Temenos Teams Up with MuleSoft to Accelerate Open Banking

Temenos (SIX: TEMN), a software specialist for banking and finance, announces a strategic partnership with MuleSoft, a provider of the platform for building application networks.

According to Temenos, by creating a channel for banks to capitalize on the modern technology in Temenos’ Core Banking platform, MuleSoft enables banks to better connect and serve their customers. As part of the technology partnership, Temenos will develop and support a Temenos Core Banking adapter for MuleSoft’s Anypoint Platform, and establish a standard, certified interface between MuleSoft and the Temenos Integration Framework. Neal McLoughlin, Head of Partners at Temenos stated:

“MuleSoft has deep industry experience including enabling five of the top 10 global banks to create open banking platforms in order to improve their cost structure, upgrade legacy applications, capitalize on new revenue streams, and drive innovation to deliver new products and services. With MuleSoft, clients gain an experienced and knowledgeable partner to facilitate integration between our Core Banking platform and countless other applications and devices. We are pleased to partner with MuleSoft on this open banking initiative.”

Brian Miller, Vice President of Business Development at MuleSoft also shared:

“MuleSoft’s differentiators lie not only in its technology platform, but also its unique delivery approach, which drives sustainable change through holistic API lifecycle management, hybrid deployment, organizational enablement, and implementation best practices. By partnering with Temenos to break down barriers and deliver greater connectivity, we are aligning ourselves with a leader that is a catalyst for open banking and an enabler of digital banking to over 2,000 financial institutions globally. We are excited to partner with Temenos to help banks build application networks and drive their business forward.”

Temenos added it and MuleSoft will make a joint appearance at Sibos, in Toronto on October 16th-19th to showcase a demo of their integrated capabilities.

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