Innovator Spotlight

Temenos: Helping Banks Benefit from External Innovation

Temenos: Helping Banks Benefit from External Innovation

We spoke with Aaron Phethean, product director at Temenos Marketplace, about how banks can become digital platforms with APIs and API management. Temenos Marketplace enables financial institutions to access and manage business applications and solutions from a range of partners, including Apigee.

Phethean described the importance of enabling banks to move beyond compliance with APIs by reaching out to partners for innovation. 

"The opportunity of the platform is you have everyone else building the function, you provide them a return, and you can build and offer anything to your consumers much faster than the people who are building everything themselves," Phethean said. 

Temenos Marketplace offers Apigee's Open Banking APIx solution, which simplifies and accelerates the process of delivering open banking as required by PSD2 regulations.

"The opportunity of the platform is you have everyone else building the function, you provide them a return, and you can build and offer anything to your consumers much faster than the people who are building everything themselves."
Aaron Phethean
Product director, Temenos Marketplace