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Reshape the future of core banking with Temenos Transact.

29th March 2022

Geography Of Focus: Middle East

Event Overview

Large banks are burdened by their legacy infrastructures. The cost and associated risk of replacing these complex systems, which have been customized over decades, is high. However, these outdated systems are making banks suffer high operational costs, high risk of outages, and a lack of agility that prevents them from bringing innovative, personalized products to market. The urgency for digital transformation has never been greater.

Customers have become more discerning and less loyal; they shop around for better deals from multiple providers. Temenos Transact Core Banking software enables banks to introduce new products using capabilities drawn from all sectors and hence continue to produce services and offers which are relevant, attractive, and innovative, hence increasing customer loyalty and making it easier to acquire new customers.

Our Speakers

Ralph Edwards

Mr. Christos Panagopoulos

Business Solutions Group Director - Temenos

Ralph Edwards

Mr. John Schlesinger

Chief Enterprise Architect, Temenos

Ralph Edwards

Mr. Hussain Al Lawati

Head Core Systems, Information Technology, National Bank of Oman

Ralph Edwards

Mr. Abubaker Al Balushi

Head of Digital Banking, BankDhofar

Virtual Boardroom Agenda

11:00 – 11:05 AM
Introduction and welcome
Welcome Note
11:05 – 11:25 AM
Reshape the future of core banking with Temenos Transact


Marvin McKinney
Mr. Christos Panagopoulos

Business Solutions Group Director – Temenos

11:25 – 11:30 AM
Survey
11:30 – 12:00 PM
Panel discussion
Reaping the benefits of Core Banking Transformation

Marvin McKinney
Mr. Christos Panagopoulos

Business Solutions Group Director – Temenos


Marvin McKinney
Mr. Hussain Al Lawati

Head Core Systems, Information Technology, National Bank of Oman


Marvin McKinney
Mr. Abubaker Al Balushi

Head of Digital Banking, BankDhofar

12:00 – 12:15 PM
Q&A

About Temenos

What we do
Temenos AG (SIX: TEMN) is the world’s leader in banking software. Over 3,000 banks across the globe, including 41 of the top 50 banks, rely on Temenos to process both the daily transactions and client interactions of more than 500 million banking customers. Temenos offers cloud-native, cloud-agnostic and AI-driven front office, core banking, payments and fund administration software enabling banks to deliver frictionless, omnichannel customer experiences and gain operational excellence.

Why we do it
Temenos software is proven to enable its top-performing clients to achieve cost-income ratios of 26.8% half the industry average and returns on equity of 29%, three times the industry average. These clients also invest 51% of their IT budget on growth and innovation versus maintenance, which is double the industry average, proving the banks’ IT investment is adding tangible value to their business. For more information,

What makes us different
Temenos provides the widest range of banking capabilities covering all banking sectors, front to back, with regional models in 150+ countries. The software embeds patented explainable AI available as a service that can be added to increase personalization and efficiency. By using new banking services, the clients can scale instantly, and manage usage and service health all at a click of a button. Temenos has 10 years of experience in providing SaaS solutions to banks means that we understand how to manage change safely and efficiently. Open APIs and low-code extensibility frameworks allow for new capabilities to be added quickly and continuously updated.

Profile of Attendees



COO

CIO

Heads of Payments

Payments Architects



Heads of Transaction banking

Head of Corporate Banking

Head of Cash Management

Head of IT

HOST

Venue
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