Temenos has released Temenos Infinity Micro Apps to enable financial institutions create tailored services to improve customer experience.
The move is aimed to reduce development times and expedite time to market of customised solutions.
Notably, Temenos Infinity digital banking platform is used by more than 650 financial institutions (FIs).
Temenos Infinity Micro Apps, delivered as SaaS or on premise, focuses on a single use case and encapsulate its functionality. This will enable FIs to add, remove, and configure Temenos Infinity modules and tailor it for specific market segments.
The Micro Apps architecture also simplifies the Temenos Infinity configuration as well as enables faster updates.
Temenos Infinity & Global Business Line Director and senior vice-president Joaquin de Valenzuela Muley said: “Banks understand that people crave simplicity in banking but the one size fits all approach doesn’t work in digital.
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“With Temenos Infinity Micro Apps we are transforming the banks’ monolithic frontends into micro frontends. Giving banks the building blocks to create the ideal digital banking experiences at hyper-speed.
“With Temenos Infinity Micro Apps banks can target the right experience to the right customers. For example, a family app needs a different experience from private banking app or one for business owners.”
Temenos is a banking software company based in Switzerland. It counts around 3,000 banks across the globe as its clients.
Recently, Pakistani digital bank UBL selected Temenos Infinity platform to improve its online offering.