Global Financial Market Review award recognises operational efficiency of T24 platform

GENEVA, Switzerland - 28 August 2014 - Temenos (SIX: TEMN), the market-leading provider of mission-critical solutions to the financial services industry, today announces that its client, al khaliji Bank, has been named 'Best Operational Bank Qatar' by Global Financial Market Review (GFMR), one of the world's leading global banking and finance online publications.

al khaliji has been running on T24, Temenos' core banking system since March 2014, when the implementation was completed in 15 months. Temenos has also deployed Insight, its business intelligence product, and Treasury Trader, which enables a seamless and transparent flow of information synchronising front, middle and back office investment banking operations, at the bank.

The award recognises that through the unified system platform, the bank was able to efficiently improve its personal and commercial banking and treasury operations, trade finance, customer relationship management and business intelligence functions.

The awards selection is based on general criteria, including transparency, corporate governance, sustainability, volume of transactions, innovation, and customer service. Some of the specific criteria used included market capitalisation, earnings per share, price/earnings ratio, total revenues, net income, operating profits, and other elements.

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About Temenos

Founded in 1993 and listed on the Swiss Stock Exchange (SIX: TEMN), Temenos Group AG is the market leading provider of banking software systems to retail, corporate, universal, private, Islamic, microfinance and community banks, wealth managers, and other financial institutions. Headquartered in Geneva with 56 offices worldwide, Temenos software is proven in over 1,600 customer deployments in more than 150 countries across the world. Temenos' products provide advanced technology and rich functionality, incorporating best practice processes that leverage Temenos' expertise around the globe. Temenos customers are proven to be more profitable than their peers: in the period 2008-2012, Temenos customers enjoyed on average a 32% higher return on assets, a 42% higher return on equity and an 8.1% lower cost/income ratio than banks running legacy applications.

For more information please visit www.temenos.com

Temenos contacts

Ben Robinson
Chief Marketing Officer
Tel: +41 22 708 15 35
Email: brobinson@temenos.com

Gurpreet Binning

Head of Communications and Partner Marketing
Tel:  +44 (0) 207 423 3745
Email: gbinning@temenos.com

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