Swiss Fintech Temenos (SIX: TEMN) announced on Tuesday it has formed a partnership with MAINSYS, a provider of IT services to the Belgian financial services sector. According to Temenos, the new partnership brings together MAINSYS’ knowledge and experience in providing digitalization services for the banking sector, and Temenos’ digital end-to-end banking technology packaged with global best practices.
It was also reported that as a Temenos Services partner, trained and certified on T24 Core Banking, MAINSYS will pair its knowledge and experience in providing implementation services for the banking sector with a deep understanding of the Temenos solutions. By collaborating, Temenos and MAINSYS are paving the way for Belgian banks to redefine the customer journey and provide truly digital banking.
“Regulations, changing customer behaviors and the arrival of new fintech competitors are forcing banks to reinvent their business models. In order for banks to succeed, they must harness the full potential of disruptive technologies such as mobile, cloud, APIs, and AI. This can only be achieved with future-ready technology, built on an open and flexible platform that allows for continued innovation. T24, in combination with MAINSYS’ industry expertise and local presence, will enable banks to embark immediately and confidently on the journey to provide a differentiated, highly contextualized and personalized service to customers with rapidly evolving needs.”
While sharing more details about the partnership, Pierre Lemaire, CEO, MAINSYS, stated:
“We are pleased to announce our partnership with Temenos. It strengthens our ability to accompany banks on their digitalization journey and innovation projects by addressing digital transformation, business intelligence, risk and regulatory compliance. We share with Temenos a dedicated focus on providing services to the banking and financial sectors and a reputation for engineering excellence. Together, we bring a deep knowledge of Belgium’s local market practice, and offer a suite of leading banking software solutions.”
Steen Jensen, Regional Director – Europe, Temenos, added:
“Temenos has a longstanding presence in the Belgian market and a strong penetration of the leading institutions. With this partnership, we are reinforcing and extending the scope of our commitment to the Belgian banking community. The combination of MAINSYS, a recognized market specialist with significant implementation experience, and our state-of-the-art digital banking offering will provide Belgian banks the opportunity to rise above the urgent challenges of digitalization and open banking.”