Cormac Flanagan, Chief Product Officer, Temenos, said: “We are proud that Gartner has named Temenos as a Leader in retail core banking in Europe. We believe that our position reflects the breadth of Temenos’ capabilities, continued client momentum and our consistent investment in innovation. With our unified platform and cloud-native architecture, Temenos helps banks scale, with faster time to market, higher levels of automation, and more personalized and impactful experiences for their customers.”

According to Gartner, “the demand for core banking modernization is accelerating, with nearly two-thirds of banking CIOs now expecting to modernize in one to two years. The 2025 Gartner Legacy Tech Modernization Survey revealed that CIOs are increasingly turning to modernization to improve security, reduce IT complexity and achieve cost savings and optimization. This approach allows for greater agility, customer experience, efficiency and control over banking operations.”