banking software company Temenos announced new sustainability benchmarks for its cloud-native banking platform on Microsoft Azure, highlighting the efficiency of managing digital transaction demands while helping banks achieve their sustainability goals.
Using Temenos Retail Enterprise Services, this benchmark simulated a customer base of 25 million customers and 38 million accounts, and processed 12 million loans in a single instance.
This latest evaluation reveals up to 52% improvement in workload processing efficiency compared to previous versions, demonstrating Temenos’ architectural progress towards increased sustainability and efficiency. Ta.
From a 2021 baseline, Temenos has reduced the carbon impact of its software by more than 50%, as verified by GoCodeGreen.
These improvements mean less demand on infrastructure, less processing capacity, less energy consumption and, as a result, less carbon emissions.
This, combined with the sustainability efforts of partners like Microsoft, provides significant environmental benefits for banks deploying Temenos solutions in the public cloud or as SaaS.
Recent The Economist Impact Study More than half of 300 global banking executives revealed that they expect their banks to move completely to public cloud data centers within the next five years.
calliopi chioti
Calliopi Chioti, Temenos Chief Marketing and ESG Officer, said:
“Temenos is committed to helping our clients achieve their own ESG goals and enabling them to significantly reduce their carbon footprint, especially through our cloud-native platform.
Furthermore, our carbon footprint calculatorFree tools built into Temenos SaaS enable banks to track direct and indirect cloud emissions from banking activities, measure progress towards sustainability goals and meet growing climate regulations will be able to comply with. ”
Christian Salafidis
Christian Salafidis, Chief Executive Officer, EMEA Financial Services; microsoft Said,
“We are excited to work with Temenos to continue to set new standards for core banking in the cloud.
Temenos and Microsoft have a strategic relationship to meet the growing demand from banks for cloud and SaaS banking services. With our combined expertise, we are leading the transition to a more sustainable banking industry. ”
