Temenos Rolls out Self-Service Financial Crime Prevention Offering

Swiss provider of banking software Temenos has launched a SaaS offering that allows banks to manage financial crime mitigation (FCM) with composable banking services on a single platform.

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Temenos' FCM-as-a-Service delivers pre-built configurations aligned to global industry regulations. With self-provisioning and automatic upgrades for fast compliance and time to value, Temenos hopes that banks can achieve lower total cost of ownership and improved customer service.

Temenos CEO Navigator, a survey-based customer value benchmarking and advisory service, shows that Temenos clients using the FCM solution benefit from lower false positives, and increased risk and compliance efficiency.

(Source: The Paypers)