Last Updated on: 22nd November 2023, 01:24 pm
Pannovate, a prominent provider of orchestration layer and BaaS solutions, has announced its integration with the Temenos Exchange, a partner ecosystem offering a range of integrated fintech solutions.
As a newly added partner on the Temenos Exchange, Pannovate aims to assist established banks and emerging neo-bank challengers in swiftly launching their value propositions in new markets and sectors. Leveraging the advanced technology provided by the Temenos platform, Pannovate enables the seamless and rapid introduction of products and services through its orchestration layer.
Pannovate’s extensive capabilities and expertise allow it to support Temenos clients in areas where existing solutions may not be readily available or require specific configurations and customized approaches. With its flexible integration layer, Pannovate can operate alongside or on top of the Temenos platforms, catering to diverse use cases and requirements.
The Temenos Exchange serves as a catalyst for open innovation, facilitating the efficient and scalable market deployment of pre-integrated and approved fintech solutions. By leveraging the composable banking framework of the Temenos open platform, banks can accelerate the development of new financial services while reducing development costs.
Martin Bailey, Director of Innovation and Ecosystems at Temenos, emphasized the value of the Temenos Exchange, stating, “Temenos Exchange acts as an accelerator for fintechs and software developers, helping them develop, validate, and monetize new banking solutions. The integration with Temenos and joining Temenos Exchange means Pannovate can write once and be readily available to the thousands of banks globally that run on our platform.”
Pavle Ljujic, Founder at Pannovate, expressed enthusiasm about the collaboration, stating, “Pannovate’s availability on Temenos Exchange further strengthens our commitment to the banking community and empowers Temenos customers to effortlessly leverage our orchestration layer and BaaS enablement. We are excited to harness the power of the Temenos platform to achieve our business objectives.”
By joining forces with Temenos Exchange, Pannovate reinforces its dedication to providing enhanced services to the banking industry, while offering Temenos customers easy access to its orchestration layer and BaaS capabilities. This partnership opens new opportunities for seamless integration and streamlined operations in the evolving financial landscape.
