Temenos Expands SaaS Footprint on AWS for Global Banks

Temenos has announced a significant expansion of its Software-as-a-Service (SaaS) portfolio on Amazon Web Services (AWS). 

By adding Digital Banking and Payments to its existing Core Banking SaaS on the platform, the technology provider now enables financial institutions to deploy a full end-to-end banking stack in the cloud.

The move marks a shift towards greater modularity for banks looking to modernise their operations. 

By integrating these additional services, institutions can manage retail, business and corporate banking functions through a single infrastructure provider. 

This unified approach is designed to ensure a consistent experience across different markets and channels.

Composable banking architecture

The updated offering focuses on a composable model, allowing banks to adopt specific components or opt for a complete enterprise service. 

This flexibility is intended to help firms move away from the burden of managing complex legacy hardware and instead prioritise product innovation.

Barb Morgan,  Chief Product & Technology Officer at Tenemos says: “We’re delighted to expand our Temenos SaaS offering on AWS, further strengthening our SaaS capabilities and giving banks greater flexibility in deploying Temenos solutions as SaaS in line with their technology strategy and market requirements.”

The expansion provides the necessary agility for banks to adapt to fluctuating market conditions. 

The infrastructure provided by AWS is specifically engineered to handle the sensitive workloads common in the financial sector, meeting various security standards and international certifications.

Meeting regulatory demands

For many global banks, data residency and security remain the primary hurdles when moving to the cloud. 

The collaboration between the two firms addresses these concerns by utilising AWS’s broad geographical footprint, which helps banks meet local data sovereignty rules while maintaining high availability.

Scott Mullins, Managing Director, Worldwide Financial Services, AWS, says: “Expanding Temenos Digital Banking and Payments on AWS enables institutions to adopt new capabilities at their own pace. Whether modernising incrementally or going end-to-end, Temenos SaaS on AWS meets banks where they are – with the security, scalability and regulatory alignment that financial services demands.”

A growing cloud ecosystem

The partnership between the two companies dates back to 2019 and has already seen adoption from a diverse range of players, including MidWestOne Bank in the US, Credem in Italy, WeLab Bank in Hong Kong and Bank ABC’s Ila Bank in Bahrain. 

This track record suggests a growing appetite for cloud-native solutions among both traditional lenders and digital challengers.

David Albertazzi, Executive Advisor & Director of Retail Banking & Payments Practice, Datos Insights, comments: “Temenos’ expansion of its SaaS capabilities on AWS to include digital banking and payments reflects a broader industry shift toward more composable, cloud-based banking architectures. 

“For financial institutions, this approach introduces additional flexibility in how core, digital, and payments capabilities can be deployed and integrated. 

“As banks continue to modernise technology environments, considerations such as security, data sovereignty and regulatory alignment remain central to platform selection and implementation strategies.”

As the industry moves towards these composable architectures, the ability to integrate different digital and payment modules will become a core differentiator for platform selection. 

By aligning with the AWS Well-Architected Framework, Temenos aims to provide a reliable path for banks to optimise costs and improve operational performance.