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March, 2018

S & G team implements Open Banking for T24

S&G Technology Services team is pleased to announce the successful completion of a Front Office Open Banking proof of concept. Our team utilized the deep know-how in banking software integration, UX design and authentication, and implemented a fully working proof of concept covering the main use cases for Revised Payment Service Directive (PSD2).

Leveraging our expertise in integration and interaction with T24, Temenos used S&G team to deliver a fully integrated product offering with secure access through an API gateway. In addition to our core Temenos integration expertise, our team applied their expertise in Mule, Edge connect and used HID for secure authentication.

Aaron Phethean, Marketplace director said “S&G technology services were able to extremely quickly mobilize a multidisciplinary team enabling us to fulfill the main use cases for this PSD2 related proof of concept. S&Gs team proved extremely competent, adaptable and committed to the success of this initiative. This is the latest of a number of very successful collaborations between Temenos and S&G Technology Services, and we look forward to working with S&G on many more initiatives” added Mr. Phethean (Oct,2017).

About S&G Technology Services

S&G Technology Services Ltd. was founded in 2012. It is a company of Sirma Group Holding, a leading provider of information technologies, IT consulting services and system integration in South-East Europe. Our mission is to help banks to adapt to a rapidly changing world by identifying and implementing small to medium high value technology transformation initiatives.

About Temenos

Temenos Group AG (SIX: TEMN), headquartered in Geneva, is a market leading software provider, partnering with banks and other financial institutions to transform their businesses and stay ahead of a changing marketplace. Over 2,000 firms across the globe, including 38 of the top 50 banks, rely on Temenos to process the daily transactions of more than 500 million banking customers. Temenos customers are proven to be more profitable than their peers: in the period 2008-2012, they enjoyed on average a 32% higher return on assets, a 42% higher return on equity and an 8.1 percentage point lower cost/income ratio than banks running legacy applications.