Santander International selects Temenos and Syncordis to launch digital banking platform

By Megha Bhattacharya

Temenos today announced that Santander International has selected the former’s SaaS platform, implemented by Syncordis, to boost its core banking platform transformation. Syncordis will help Santander International to transform its banking, savings and mortgage products IT infrastructure from an on-premise solution to a cloud-native Temenos SaaS. This will enable Santander International to benefit from the security, resilience and elastic scalability of the Microsoft Azure cloud.

James Pountney, Chief Executive Officer Santander International, commented, “In challenging times such as these, it is more vital than ever to be able to adapt to changing business and customer requirements simply, safely and swiftly. By working with Temenos and Syncordis we will be able to future-proof our digital banking platform which will enable us to provide our valued customers with outstanding service and a seamless customer experience.”

Syncordis has been selected as the system integrator and implementation partner to lead the core banking implementation and modernization project with a new digital banking ecosystem. The bank will be able to build and launch products faster and deliver enhanced digital experiences with streamlined customer journeys.

Hemal Jayasinghe, Chief Business Officer / Regional Director UK & NORDICS, Syncordis, said, “We are excited to strategically partner with Santander International to modernize their core banking operations and drive their digitization journey. Innovation and the willingness to transform are key in today’s ever-changing world. With Temenos’ powerful cloud technology and Syncordis’ extensive implementation expertise, Santander International will be enabled to power their digital banking capabilities, provide an excellent and modern experience to their customers and future-proof their business.”

David Macdonald, President – Europe, Temenos, said, “We’re excited to be working with Santander International to help redefine their customer experience. We see a growing momentum of banks both globally and in Europe choose Temenos as the most advanced cloud technology in the market to break free from legacy systems. Temenos SaaS delivers speed and agility while providing the security and resilience that a modern digital bank needs. We’re proud to be part of this evolution.”