Temenos Announces the Relocation of Its North American Headquarters to New York

Temenos, an open banking cloud platform, announced that it has relocated its North American headquarters to New York. Temenos' US headquarters were previously located in Malvern, Pennsylvania.

Temenos has delivered software to banks of all sizes around the world for 28 years, from the largest banks to challenger banks at the start of their journey. The United States is key to Temenos' strategy, representing 40% of Temenos' total addressable market with 5,000 credit unions and 4,300 banks.

“As the US epicenter of finance and tech industries, New York City is proud that Temenos chose us for their headquarters. Their move demonstrates that NYC provides the best access to top talent, as they work to digitally empower the world’s biggest banks, while giving back to the community,”said New York City Economic Development Corporation President and CEO Rachel Loeb.

“The relocation of our headquarters represents our continued investment in North America, and our commitment to our clients,”Jacqueline White, President – Americas, Temenos, said.”The financial services industry is undergoing a once-in-a-generation transformation – by relocating our headquarters to New York City we can better collaborate with other industry leaders to build the future of banking from the heart of the financial services industry.”

Earlier this year, Temenos has inked a partnership with Mbanq​, a fintech that focuses on Banking as a Service (BaaS), to launch an innovative Credit-Union-as-a Service (CUaaS) offering and to accelerate BaaS adoption across the US.