Temenos has announced that Haventree Bank, a federally regulated Schedule 1 bank in Canada, has selected Temenos to support its digital transformation and business growth.

Haventree currently serves the alternative mortgage market across Canada through the broker network, catering to individuals who are underserved by traditional financial services providers. With Temenos, Haventree will leverage core banking as Software-as-a-Service (SaaS) to unlock greater business agility, improved performance, scalability, and enhanced security.

Following a rigorous selection process, Temenos was chosen for its scalable SaaS

This scalable SaaS gives Haventree the business agility to rapidly deploy cloud-native, API-first banking capabilities on a continuously updated service.

This will allow Haventree to focus its resources on clients and partners, and on transformation and innovation while ensuring an adaptable, modern IT environment.

Fern Glowinsky, President and CEO, Haventree Bank, commented:

“As we continue making strategic investments in technology to expand and deepen our client relationships, we are excited to be partnering with Temenos for Haventree Bank’s new core banking platform. This new platform will help power the expansion of our product suite and further our digital transformation towards Haventree 2.0.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Philip Barnett, President, Americas, Temenos, said: “By selecting Temenos, Haventree Bank has chosen a strategic technology partner that offers scalability, operational efficiency, and the ability to grow alongside their business. With a commitment to the Canadian market, Temenos is dedicated to supporting Haventree Bank in its vision for the future of banking – built on trust and innovation. We offer a proven, scalable SaaS model with localisation and we continue to invest, making our offering the most compelling in the market. Temenos has a proven platform, with extensive delivery and migration experience in the Canadian market, with clients ranging from established to digital banks.”