Temenos
From a family run company incorporated in November 1993, Temenos Holdings NV has grown to become a global, publicly listed company, and a leader in the banking software industry, with 400 client banks in 50 countries. Its two products provide core processing for large retail banks, which have millions of accounts, as well as specialized applications for specific bank units such as Treasury, Risk Management and Regulatory Compliance.
Global Finance provided Temenos with capital prior to its listing in the Swiss Stock Exchange. Proceeds were used to re-capitalize the balance sheet and to grow the business by investing in the product and in new sales offices around the world.
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Sector: TMT
Subsector: Business Software
Country: Switzerland
Acquired: 2000
Sold: 2007
