Temenos (SIX: TEMN), a banking software company, announced on Friday that Atoma Technologies has joined the Temenos MarketPlace, which is a platform for facilitating the exchange of value between fintech providers and financial institutions.
According to Temenos, Atoma provides dedicated software-testing tools for banks implementing new systems, changing or upgrading their software. The company, which is a long-standing Temenos partner, has been working as a complementary solution provider before joining MarketPlace, and has been used by many Temenos customers to help them to go-live faster with less risk. Atoma currently has two product suites: TestIntelligence, which is designed for managing, executing, automating and tracking testing, and ReleaseIntelligence which manages change and release deployment, constantly monitoring software performance. Both can be automated or manual, and have full audit trails as well as security and reporting facilities. Speaking about Atoma’s addition to MarketPlace, Ben Robinson, Chief Strategy Officer at Temenos, stated:
“Digital technologies are blurring the boundaries between different industries, meaning banks face new competitors and need to innovate faster. Atoma’s solutions help Temenos customers to introduce change faster into their organisations, by automating testing and managing release deployment. As such, Atoma represents a great new addition to MarketPlace, which is founded on the notion of accelerating innovation by curating the best third-party solutions and making them as easy as possible for our customers to deploy.”
Chris Li, CEO of Atoma, went on to add:
“We’re very excited to be joining MarketPlace. As well as a fantastic route to market for the Atoma suites, we believe we can also support MarketPlace by allowing Temenos customers to test the solutions more quickly. Banks using Atoma’s tools typically see a 90 per cent faster test cycle, with financial savings of up to 60 per cent and manpower savings of up to 50 per cent. But the benefits aren’t limited to faster testing; the sooner a bank can go live, the sooner it can offer its customers a better user experience and benefit from greater efficiencies and improved functionality, helping speed up return on investment. We are looking forward to this next chapter in our Temenos relationship.”