Temenos opens innovation hub in central florida

Temenos, a provider of Swiss Core Banking Software, opened a new innovation center for US bank customers in central florida on Tuesday.

Expand its US footprintThe core provider based in Geneva will recruit around 200 technology and product developers in the new hub and focus on research and development for US-specific bank solutions that are operated by technologies such as generative AI.

“One of our most important focus areas is on the US market, especially on the US market [smaller community banks]For our end-to-end core banking suite, “said Barb Morgan, Chief Product and Technology Officer at Temenos, said American Banker.” With our larger bank customers in the United States, we will focus more on point solutions such as digital or payments as a standalone or in the modular area such as the upgrade of company costs.

Recent investments in Temenos in research and development support projects such as the new US innovation center.

“The Temenos Innovation Hub is a player for Temenos and our US customers,” said Morgan. “With our relentless focus on innovation, in which around 20% of the income is invested in research and development, this center will be a power package for building the future of the bank.”

Although Temenos is an international core providerAccording to Morgan, the company focuses on the attitude of people who specialize in US financial services as part of its expansion strategy.

“The opening of our innovation center in Orlando also makes it that people who are zones at the same time can work directly,” she said. “We bring in this know -how to accelerate instead of trying to take an international team and to learn the US systems. It will be a mixture to take people who know our core with people who have the experience and knowledge of the USA and create the team from there.”

Morgan described the new innovation hub office rooms as an work environment with an open desk.

“I have this vision of how I want a modern facility in the sense of no offices. Nobody is sitting behind closed doors. There are very open work areas, with a lot of modularity in our desk setup so that we can move and change. What I have seen in my experience that open work rooms can really contact people with the other teams,” she said.

In order to facilitate this collaborative work environment, Morgan said that the hub focuses on personal working days after an extension Return to the office trend Among the US finance institutions.

“In this hub we want people to be in there every day or hybrid every day,” said Morgan. “Call this three days a week or whatever a new normal.

The “Design Center” element is where Temenos employees re -create a customer's branch and test or develop new products “on site”.

“We want our bank customers to have the feeling of going to their own branch by reproducing what it is,” said Morgan. “There is a unique place in the building in which we build this type of two. We concentrate on creating an experience where we work with a customer, we say, a copilot tool for your product managers or new products for your customers for your customers when you enter.

Temenos decided to build the innovation center in the area of ​​Orlando for access to bank customers, to build the proximity to talents for local recruitment and opportunities for technical investments, says Morgan.

“There are some banks in the Florida region and we also have some of our competitors in the Florida region,” she said. “We also work closely with Colleges and I would like to invest in the talent that is close to our hub. Here in Florida there is a really great university system and it is a really great investment in the region.”

Temenos has teamed up with the Orlando Economic Partnership (OEP) to facilitate the opening of the new innovation center. On Tuesday afternoon, a ceremony for cutting ribbons for the hub was held in the OEP headquarters in Orlando.

“With a strong infrastructure, a qualified workforce and an expanding technical ecosystem, central florida is a first -class location for technology companies that are growing and innovative,” said OEP President and CEO Tim Giuliani. “We are pleased that Temenos is expanded in our region, and our team in Orlando Economic Partnership is proud to continue to support their expansion by combining them with the right locations and resources. Investing in its innovation center will create hundreds of highly qualified jobs and further strengthen our reputation as a goal for innovations in financial services.”

“The OEP does a fantastic job to bring technologists together in Orlando,” said Morgan. “There are events where we can share, we can recruit, we can give something back to the community. Sometimes it is even some of my most important managers who know and talk about AI, and people from the community can actually come in and be part of it.

According to a press release, the partnership with OEP will also help to receive access to incentives such as training subsidies.

Other banks and financial institutions have opened personal office space that are dedicated to technology and innovation. Maspeth Federal Savings, a municipal bank in a suburb of New York City, opened a new Tech Center building In addition to her main department in March 2025. Truist Financial in North Carolina in North Carolina unveiled a technology and innovation center Within his Charlotte headquarters in June 2022.