{"id":14904,"date":"2024-11-20T11:12:52","date_gmt":"2024-11-20T11:12:52","guid":{"rendered":"https:\/\/fintech.global\/AIFinTechForum\/?p=14904"},"modified":"2024-11-20T11:12:52","modified_gmt":"2024-11-20T11:12:52","slug":"temenos-and-nvidia-partner-to-deliver-on-premises-generative-ai-for-banks","status":"publish","type":"post","link":"https:\/\/fintech.global\/AIFinTechForum\/temenos-and-nvidia-partner-to-deliver-on-premises-generative-ai-for-banks\/","title":{"rendered":"Temenos and NVIDIA partner to deliver on-premises generative AI for banks"},"content":{"rendered":"

Temenos, a leading provider of banking software solutions, and NVIDIA have announced a partnership to bring high-performance, on-premises generative AI solutions to banks.<\/strong><\/p>\n

The collaboration aims to enable banks to transform data into real-time insights while retaining full control over their information.<\/p>\n

By leveraging NVIDIA\u2019s advanced AI infrastructure, Temenos will help banks process unstructured data efficiently and securely, delivering highly personalised and customer-centred experiences.<\/p>\n

Temenos is recognised globally for its innovative banking software, which supports banks in streamlining operations, improving customer engagement, and ensuring compliance.<\/p>\n

NVIDIA is renowned for its cutting-edge AI technologies, including GPUs and AI software platforms that drive innovation across industries. This partnership combines Temenos\u2019 banking expertise with NVIDIA\u2019s AI capabilities to redefine financial services.<\/p>\n

Temenos will deploy its generative AI solutions on NVIDIA\u2019s accelerated computing platform, incorporating NVIDIA NIM microservices from the NVIDIA AI Enterprise software suite.<\/p>\n

This technology ensures optimised AI inference throughput and latency, simplified deployment, and seamless scaling and monitoring of AI models.<\/p>\n

These features provide banks with the flexibility to adapt quickly to customer demands, while maintaining privacy and control over data.<\/p>\n

Explainable AI features embedded in Temenos\u2019 solutions enhance key areas, such as credit scoring, anti-money laundering, payment exceptions, customer engagement, and cross-selling.<\/p>\n

With these capabilities, business users gain instant access to insights and reports, enabling transformative operational improvements, increased productivity, and enhanced customer experiences.<\/p>\n

In addition, Temenos generative AI solutions are supported by NVIDIA\u2019s verified deployment architecture, allowing distribution and deployment through NVIDIA\u2019s partner network.<\/p>\n

Barb Morgan, chief product and technology officer at Temenos, said, \u201cThis collaboration exemplifies the strength of combining Temenos\u2019 banking expertise with NVIDIA\u2019s industry-leading AI infrastructure, giving banks powerful tools to serve customers in real-time with precision and control. At Temenos, we believe in responsible, customer-centric AI that empowers banks to innovate on their own terms. With NVIDIA, we\u2019re helping enable banks to unlock the future of financial services\u2014where data-driven insights meet unparalleled performance and customer-centric innovation.\u201d<\/p>\n

Malcolm deMayo, vice president of global financial services at NVIDIA, added, \u201cAI is reshaping financial services, letting banks reimagine customer interactions and optimise secure, scalable and efficient operations. With Temenos\u2019s integration of NVIDIA NIM microservices, banks can access real-time insights, identify areas for improvement, and deliver more personalised and responsive customer experiences.\u201d<\/p>\n

Keep up with all the latest FinTech news\u00a0here<\/a>.<\/p>\n

Copyright \u00a9 2024 FinTech Global<\/p>\n","protected":false},"excerpt":{"rendered":"

Temenos, a leading provider of banking software solutions, and NVIDIA have announced a partnership to bring high-performance, on-premises generative AI solutions to banks. The collaboration aims to enable banks to transform data into real-time insights while retaining full control over their information. By leveraging NVIDIA\u2019s advanced AI infrastructure, Temenos will help banks process unstructured data… <\/p>\n

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