Banking software provider Temenos has teamed up with Mulesoft, a platform provider for building application networks. The move is intended to break down barriers to the open banking initiative by facilitating API connections.
As a part of the partnership, Temenos will develop a core banking adaptor for MuleSoft’s AnyPoint platform, a system that helps companies connect applications, data and devices into a network that allows for reuse and self-service. This will establish a standard interface between MuleSoft and the Temenos integration framework and “reduce barriers” to offer banks a “seamless experience on a unified banking platform.”
Neal McLoughlin, Head of Partners at Temenos said, “With MuleSoft, clients gain an experienced and knowledgeable partner to facilitate integration between our Core Banking platform and countless other applications and devices. We are pleased to partner with MuleSoft on this open banking initiative.”
Founded in 1993, Temenos debuted its Connect Mobile Banking application at FinovateFall 2015 in London. Earlier this month the company announced that the Cooperative Bank of Oromia (CBO) went live with its UniversalSuite. Temenos is headquartered in Switzerland, employs 4,300+ people in 63 offices to serve clients in 145+ countries. David Arnott is CEO.