Temenos Cloud Banking With Metanga

The benefits of public cloud computing have reached the banking industry. Temenos is a company supporting microfinance and community banking organizations with its public cloud-banking platform. And, as we announced yesterday, Temenos is now using Metanga to market-enable its application on Microsoft’s Windows Azure platform.

With 1,500 customers, Temenos needed a solution that would speed monetization and adoption of its T24 cloud banking offering in microfinance markets worldwide. It’s a technological and banking objective with social benefits, since microfinance enables low-income households to gain permanent access to high quality, affordable financial services that finance income-producing activities, build assets, and improve standards of living.

As we do for so many independent software vendors (ISVs), Metanga gave Temenos the means to manage all aspects of its software-as-a-service (SaaS) monetization: customer enrollment, product catalogs, pricing, promotions, invoicing, customer self-care and payment capture.

Murray Gardiner, Temenos director of community banking and cloud services, explains why those monetization capabilities matter: “Temenos’ mission is to not only develop leading technology, but also to leverage that technology to do good. Our collaboration with Microsoft and MetraTech lets us cost-effectively deliver, by the cloud, our application to those focused on improving lives.”