Commerce Bank recently went live on the Temenos Core Banking Platform. Thanks to this platform, Commerce will be able to improve its operational efficiency and quickly launch products and services, according to a press release.
“Commerce is committed to staying at the forefront of technology to ensure the best service to our customers. We recognize that a modern core banking platform is an accelerator for innovation and digital customer experiences,” said David Roller, CIO, Commerce Bank, in the Liberation. “The Temenos platform will enable Commerce to deliver innovative solutions to our customers today and in the future.”
With this integration, Commerce aims to meet market needs with a 360-degree view of the customer relationship.
“Temenos continues to see strong momentum in the United States, and we are excited to add this milestone to our accomplishments. Incumbent banks and challenger banks face fierce competition from inside and outside the industry, as customer expectations for personalized, fast and easy banking interactions continue to rise,” said Max Chuard, CEO of Temenos, in the statement. “At the same time, traditional vendors are unable to deliver the composable, cloud-independent banking services that continue to make Temenos an industry leader. Our open platform provides the foundation that enables Commerce to solve customer challenges in new and exciting ways.”