Alpian SA selects Temenos SaaS to boost Swiss digital private banking

By Megha Bhattacharya

Temenos today announced that Alpian SA has selected its Temenos Transact, core banking and Temenos Payments delivered as SaaS for enhancing its digital private banking and wealth management services in Switzerland. According to Temenos, the SaaS technology will enable Alpian to launch its new bank and banking services focused on the mass affluent (those with investible assets of between CHF 100k – 1 million).

Schuyler Weiss, Chief Executive Officer, Alpian, commented, “Alpian will introduce a new way for affluent clients to bank that is attuned to how they want to manage their wealth. Our approach is client-centric and driven by technology and innovation. With Temenos SaaS, we can focus our resources on delivering an exceptional service and experience for our customers. We have set an aggressive launch timeframe and the Temenos’ modern technology will enable us to achieve our goal and allow us the freedom to continue to innovate and differentiate our offering into the future.”

Alpian, with Temenos‘ technology, aims to offer stability, security and personal care of Swiss private banking to a wider spectrum of clients through an open and responsive state-of-the-art digital platform. Temenos Payments aims to reduce time to market for the digital bank’s payment services and allow it to offer secure traditional and instant payments compliant with the latest IS20022 and PSD2 regulations. The collaboration will allow the bank’s customers to access and manage their money via a single multi-currency bank account for Swiss Francs and Euros.

Max Chuard, Chief Executive Officer, Temenos, added, “We are delighted Alpian has selected Temenos to deliver its pioneering digital service. Temenos Transact and Temenos Payments, delivered as SaaS, will allow Alpian to reap the benefits of scalability, efficiency and an elastic cost structure. Alpian joins our growing community of the world’s most ambitious neobanks leveraging the power of Temenos SaaS to innovate and grow without the restriction of legacy technology. Alpian has identified a real gap in the market and its smart approach to technology will help it stay one step ahead of the competition.”