Temenos lands core deal in Gibraltar with Trusted Novus Bank
Temenos has gained a new client in Gibraltar, Trusted Novus Bank. The bank will replace its legacy core and front office software with Temenos Transact and Temenos Infinity, delivered on a cloud basis.
It is understood Finastra’s Midas legacy system is among the solutions to be replaced by Temenos. The supplier says the new technology will help the bank “to reimagine its banking services for the digital era”.
Trusted Novus Bank is a locally based full-service bank offering retail, corporate and private banking services through branch, call centre and digital channels.
It is one of the oldest financial institutions in Gibraltar and was known as Jyske Bank until its change of ownership last year and a subsequent rebrand.
“We chose Temenos because we needed a banking platform, built for the cloud and accessible via APIs, that would give us agility and flexibility to adapt to the rapidly changing banking landscape,” explains Christian Bjørløw, CEO of Trusted Novus Bank.
Jean-Paul Mergeai, president, international sales at Temenos, describes the project as “strategic” for the vendor.