Banking know-how firm Temenos introduced its acquisition of Swiss fintech additiv in a half-cash, half-equity transaction.
The acquisition will bolster Temenos’ wealth administration franchise with additiv’s out-of-the-box orchestration and mass prosperous capabilities.
Each Temenos and additiv made their Finovate debuts at FinovateEurope 2013 in London.
Banking know-how agency Temenos has agreed to amass Swiss fintech additiv. The 50/50 money and fairness deal is anticipated to be accomplished early in Q3 of 2026.
Additiv provides a specialist platform to orchestrate monetary companies. The corporate’s know-how integrates course of steps and information right into a single orchestration layer for wealth and different monetary workflows. With 30 purchasers in wealth administration, banking, and insurance coverage, additiv’s know-how allows banks and wealth managers to quickly design and launch wealth propositions that increase advisor productiveness, orchestrate funding propositions, and supply constant shopper experiences at scale.
With an intensive international shopper base within the wealth area, Temenos will profit from additiv’s native mass-affluent capabilities and AI-enabled orchestration layer. The corporate’s quick, low-risk implementation mannequin provides deployments in as little as 3-6 months in comparison with the business customary of 12 months. With a excessive Web Promoter Rating (NPS) above 90, Web Income Retention (NRR) of 138%, and double-digit progress over the previous three years, additiv will allow Temenos to increase its shopper footprint inside funding companies in each developed and rising markets, in addition to present Temenos’ wealth purchasers with future-ready, entrance workplace workflows.
“This acquisition strengthens our wealth proposition at a time after we see robust, rising demand for our merchandise throughout tiers and geographies within the wealth section, with monetary establishments more and more targeted on launching scalable hybrid wealth fashions,” additiv founder Michael Stemmie mentioned. “additiv’s orchestration capabilities complement our market-leading platform and help our technique to assist purchasers ship customized, regulatory compliant wealth companies effectively and at scale. Collectively, additiv’s AI-powered orchestration capabilities and Temenos’ current front-end options create robust differentiation on the banking expertise layer.”
Temenos provides a core banking suite and modular composable options to assist banks and different monetary establishments modernize their operations. Deployable on-premises, by way of the cloud, or as a SaaS answer, Temenos’ know-how empowers monetary establishments of all sizes to ship progressive, AI-enhanced experiences to their prospects. Based in 1993 and primarily based in Geneva, Switzerland, Temenos in the present day serves greater than 950 core banking and 600 digital banking purchasers. Thibault de Tersant is Temenos Chairman. Takis Spiliopoulos is Chief Government Officer (and interim Chief Monetary Officer).
Headquartered in Zurich, Switzerland and based in 1998, additiv provides an API-first, cloud-based monetary companies orchestration platform that permits monetary establishments and types to launch, automate, and scale monetary companies from a singular answer. Empowering corporations in wealth administration, banking, credit score, and insurance coverage, additiv’s know-how permits corporations to increase their very own choices and introduce third-party services to their prospects with out having to exchange core programs. A Finovate alum since 2013, additiv most not too long ago demoed its know-how at FinovateAsia 2017 in Hong Kong.
Earlier this 12 months, additiv launched a brand new devoted answer to assist Germans navigate deliberate reforms to the nation’s pension scheme. The reform requires a brand new state-subsidized retirement funding account (Altersvorsorgedepot) that’s provided digitally as a simplified, standardized answer, Standarddepot. Tens of millions of legacy pensions (so-called “Riester” contracts) will probably be migrated to the brand new pension product, creating new urgency for establishments that search to draw or just retain these prospects.
“This reform marks a real paradigm shift for German personal pensions,” additiv CEO Nils Frowein mentioned. “For the primary time, capital market-based merchandise are sitting on the coronary heart of state-subsidized retirement financial savings. Establishments that at the moment are establishing scalable digital infrastructure will safe long-term buyer relationships—and with hundreds of thousands of Riester contracts up for migration, the window to behave is open.”
Picture by Henrique Ferreira on Unsplash
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