Banking expertise 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 expertise agency Temenos has agreed to accumulate Swiss fintech additiv. The 50/50 money and fairness deal is anticipated to be accomplished early in Q3 of 2026.
Additiv affords a specialist platform to orchestrate monetary providers. The corporate’s expertise integrates course of steps and information right into a single orchestration layer for wealth and different monetary workflows. With 30 shoppers in wealth administration, banking, and insurance coverage, additiv’s expertise allows banks and wealth managers to quickly design and launch wealth propositions that enhance advisor productiveness, orchestrate funding propositions, and supply constant shopper experiences at scale.
With an in depth international shopper base within the wealth house, Temenos will profit from additiv’s native mass-affluent capabilities and AI-enabled orchestration layer. The corporate’s quick, low-risk implementation mannequin affords deployments in as little as 3-6 months in comparison with the business commonplace of 12 months. With a excessive Internet Promoter Rating (NPS) above 90, Internet Income Retention (NRR) of 138%, and double-digit progress over the previous three years, additiv will allow Temenos to broaden its shopper footprint inside funding providers in each developed and rising markets, in addition to present Temenos’ wealth shoppers 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 phase, with monetary establishments more and more centered on launching scalable hybrid wealth fashions,” additiv founder Michael Stemmie mentioned. “additiv’s orchestration capabilities complement our market-leading platform and assist our technique to assist shoppers ship personalised, regulatory compliant wealth providers effectively and at scale. Collectively, additiv’s AI-powered orchestration capabilities and Temenos’ present front-end options create robust differentiation on the banking expertise layer.”
Temenos affords 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 resolution, Temenos’ expertise empowers monetary establishments of all sizes to ship revolutionary, AI-enhanced experiences to their prospects. Based in 1993 and primarily based in Geneva, Switzerland, Temenos at the moment serves greater than 950 core banking and 600 digital banking shoppers. Thibault de Tersant is Temenos Chairman. Takis Spiliopoulos is Chief Govt Officer (and interim Chief Monetary Officer).
Headquartered in Zurich, Switzerland and based in 1998, additiv affords an API-first, cloud-based monetary providers orchestration platform that permits monetary establishments and types to launch, automate, and scale monetary providers from a singular resolution. Empowering corporations in wealth administration, banking, credit score, and insurance coverage, additiv’s expertise permits corporations to broaden their very own choices and introduce third-party services and products to their prospects with out having to exchange core techniques. A Finovate alum since 2013, additiv most just lately demoed its expertise at FinovateAsia 2017 in Hong Kong.
Earlier this 12 months, additiv launched a brand new devoted resolution 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 supplied digitally as a simplified, standardized resolution, Standarddepot. Thousands and thousands of legacy pensions (so-called “Riester” contracts) can 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 non-public 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 are actually 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.”
Photograph by Henrique Ferreira on Unsplash
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