In the wake of major disruptions like the Covid-19 pandemic, the war in Ukraine, or even the recent Crowdstrike outage, operational resilience is more important to the financial sector than ever.
So it’s no surprise that new standards for resilience have so rapidly reached the top of the regulatory agenda.
In January 2025, the Digital Operational Resilience Act (DORA) will come into force, laying down stringent requirements for financial institutions to strengthen their approach to digital and operational resilience.
Ensuring resilience has always been at the heart of our partnership with Temenos.
For that reason, we’re glad to reaffirm our commitment to providing their Exchange partners with the support they need as we move towards a more resilient and sustainable world.
To learn more about our partnership with Temenos, visit their website by following the link.
The Temenos Exchange
Temenos is the world’s leading open platform for composable banking, serving clients in over 150 countries by helping them build new banking services and state-of-the-art customer experiences.
The Temenos open platform helps our top-performing clients achieve return on equity three times the industry average and cost-to-income ratios half the industry average.
Their Exchange Partner programme offers a curated and assessed selection of fintech firms that can help their clients accelerate innovation and enhance their digital services.
For the last 2 years, we have provided operational risk assessments to new Exchange partners, ensuring that they are prepared to engage in financial service procurement and supply chain processes.
How It Works
We evaluate Exchange Partners on both:
✔️ Their level of operational resiliency, including their operational processes, risk management and continuity planning.
✔️ Their current sustainability standing, including potential ESG risks in their own supply chain.
This ensures that these firms meet Temenos’ high standards for sustainability and operational resilience, boosting client confidence and maintaining the resilience and sustainability of the Temenos’ ecosystem.
We can provide reports on any of the Exchange Partners to Temenos customers, so that they can gain a deeper understanding of the firm, ensuring that they make the right decision for their organisation.
If you would like to learn more about our partnership with Temenos, click here to visit their website.
