GFT Group and Temenos ink European partnership deal

Source: GFT Group

GFT Group, a leading international provider of innovative Information Technology (IT) solutions and services and Temenos, the market leading provider of banking software, today announced the signing of a partnership agreement to significantly enhance the sales, service and delivery capabilities of Temenos' solutions within Europe, focusing on Spain, Portugal, the UK and Germany.

Under the terms of the agreement, GFT will provide project management, and integration and testing services for core banking solution TEMENOS T24 (T24), the internet banking solution ARC Internet and Temenos' new mobile banking solution, ARC Mobile.

The partnership combines GFT's vast technological expertise in the financial services sector with Temenos' award winning solutions and methodologies to provide existing and prospective clients with a comprehensive delivery platform and access to the best possible skills and resources in the industry. The new alliance allows Temenos to leverage GFT's industry leading data migration, testing and project management expertise to support Temenos' existing European client base. GFT will provide deep experience in front office technologies, particularly relating to internet and mobile channels. Temenos is actively working with GFT on strategic projects to enhance its ARC Internet capabilities, particularly around on-line customer acquisition and to validate its architectural roadmap for front office solutions.

The new alliance formalises the successful relationship between the two organisations, which have previously collaborated on T24 implementations for leading financial institutions in Europe.

"The partnership with Temenos is a significant step in a strategic growth area for GFT. More and more of our clients are asking for package implementation services on top of bespoke development work," commented Carlos Eres, Managing Director of GFT Spain.

Mike Head, Global Alliances Director, Temenos, added, "As such a fast growing organisation, Temenos' partner programme forms the foundation for us to successfully manage a vast number of banking system implementations across the globe. GFT's sound delivery experience across Europe adds a significant strand to our partner programme which will enable us to offer our clients in this region superior business management and project delivery skills in both core systems and front office application delivery, as well as develop new sales opportunities for Temenos. GFT's international standing offers the potential to geographically extend the relationship moving forward".

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