Banking software company Temenos has partnered with Belgium-based MAINSYS, an IT service provider for financial services.
This partnership will foster MAINSYS experience with banking digitalisation and Temenos’ end-to-end digital banking technology. As partners, the companies will pave the way for Belgian banks to improve customer journeys and digital banking options.
Temenos builds a selection of banking and finance software to help financial institutions to transform their businesses. Offerings include corporate banking, fund management, inclusive banking, Islamic banking, retail banking, lifecycle management, and wealth management.
The company also enables these institutions to unlock other financial services, such as unlocking data with analytics, access to online payments, or tools for the support with regulations.
MAINSYS supplies banks with software to help with digitisation and maintaining compliance with regulations. Its omni-channel suite provides solutions for mobile and online banking, loan management, investment advice, digital payments, and CRM tools.
Temenos Europe regional director Steen Jensen said, “The combination of MAINSYS, a recognized market specialist with significant implementation experience, and our state-of-the art digital banking offering, will provide Belgian banks the opportunity to rise above the urgent challenges of digitalization and open banking.”
MAINSYS is hoping this new partnership will bolster its ability to support banks with digitalisation and innovation projects by addressing transformation, business intelligence and regulatory compliance.
Earlier in the year, Abu Dhabi Global Market started its search for the third cohort of its regulatory laboratory, prioritising FinTechs and RegTechs with a SME focus. The members will access the digital sandbox, which is provided by Temenos.
Fellow banking infrastructure company Signavio closed a €15.5m Series B round led by Summit Partners. The company develops cloud-based processing and modelling management systems for industries like banking and insurance.
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