Banque Internationale à Luxembourg
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Temenos launches Gen AI Copilot for banks to deliver better products faster
Globenewswire· 2025-05-20 06:30
Core Insights - Temenos launched the Product Manager Copilot at the Temenos Community Forum '25, aimed at enhancing banks' ability to innovate and optimize financial products using Generative AI [1][7] - The Product Manager Copilot integrates Microsoft Azure OpenAI Service, providing a conversational interface for product, IT, and customer service managers to utilize Temenos' core banking functionalities [2][5] Product Features - The Copilot is part of Temenos' advanced and enterprise product offerings, designed to help banks design, launch, and test retail products more efficiently [3][4] - It allows product managers to interact through familiar platforms like Microsoft Teams, facilitating quick access to business insights without complex queries [4][5] Market Context - A study indicated that 75% of banks are exploring Generative AI, with 36% already deploying it, highlighting a significant trend towards AI adoption in the banking sector [6] - The integration of Generative AI is seen as transformative for the banking industry, emphasizing the need for traditional banks to innovate rapidly to remain competitive against fintechs and neobanks [6][7] Collaboration and Future Availability - Temenos developed the Copilot in collaboration with clients like Banque Internationale à Luxembourg, ensuring a customer-focused approach to innovation [7][8] - General availability of the Product Manager Copilot is expected in Q4 2025, with financial institutions able to register for early access [8]
Temenos community comes together in Madrid to lead the way in banking innovation
Globenewswire· 2025-05-08 06:26
Core Insights - The Temenos Community Forum (TCF) 2025 will gather over a thousand banking industry representatives to discuss transformative technologies, particularly Generative AI, shaping the future of banking [1][2] - The theme "Leading the Way" will feature over 60 sessions focused on bold ideas, product innovations, and technology to help banks overcome operational challenges [2] - Dr. Jonnie Penn from the University of Cambridge will present insights on Generative AI, including best practices and use cases in banking [3] Industry Participation - Banks such as ABN Amro, Banque Internationale à Luxembourg, and EQ Bank will showcase their experiences in innovation, efficiency, and customer experience [4] - Over 40 Temenos customers, including Commerce Bank, Komerční banka, and Credem, will share insights at the event [4] Partner Ecosystem - The event will feature a wide range of partners, including Platinum sponsors HCLTech and Microsoft, and Gold sponsors Capgemini, Cognizant, IBM, NTT Data, and Tech Mahindra [5] Program Highlights - Attendees will gain insights into Temenos' product roadmap and advancements in core banking, digital, and payments through demos and breakout sessions [6] - Roundtable discussions will cover high-impact topics such as migrating core banking systems, moving to SaaS, and deploying a Generative AI governance model [6] Financial Industry Context - The financial industry spends approximately $650 billion annually on IT, with top performers investing more in growth and innovation [7] - The TCF 2025 presents a unique opportunity for banks to learn from industry leaders and explore the potential of Generative AI and other transformative technologies [7]