managing identity view from a core banking solutions provider presentation... · managing identity...

Managing Identity – View from a Core

Banking Solutions Provider

Rich Longo, CRCM

Temenos – A Global Market Leader

No.1 Focused in the US • Over 40 core banking

customers in the US

• Over 1,600 customers for our compliance and regulatory solutions

• Serviced the U.S. for over 14 years

Product led • Highest level of research

and development in the industry. 22% vs an average of 8%

• Regular software upgrade strategy

• Passion for standards and openness

World’s leading banking software company • 4,700+ installations

in 140+ countries

• 3,900+ employees in 63 offices worldwide

• Signed 73 customers in 2014; the second best signed 15

• 138 Financial Institutions went live on our T24 core in 2014

Track Record of Innovation

Windows GUI SOA 24/7 Interaction Fwk

Integration Fwk

Platform Fwk

Models Multi-entity

Open DB

XML Process Workflow

1993 2000 2004 2008 2014

Integrated Core Banking Solution supporting Retail, Corporate, Wealth and Treasury

First on open systems – Windows and Unix. Now windows and Java

First True 24 X 7 Solution. Widely covered in the Press as disruptive technology

First Core Banking solution to harness the power of workflows to enhance efficiency

The only core banking solution to have documented all processes using a process tool

First with a unified channels architecture including direct and indirect

SaaS - First international core banking system to be offered in public cloud

First in offering every service as an xml/soap web services

First to have ALL services as RESTful

Cloud First Components

Always first with technology to give our clients

choice and to enable them to use technology to

reduce costs, risks and time to market for

innovation

We are seeing changes.. Question being asked…

The Fear that comes with it…

The Risk of not having proof positive identity controls

Standard Security – Ok for Banking in the past

Today commonly accepted ways to verify identity

Changing Clients - Emerging Wealth Generation

Changing Competitors - New Adopted Ways to Banking

Changing Bank – Technology & Deployment

Examples of Deployment

13

Core Banking Deployed on Devices: All shapes and sizes

Everything becomes a PC… all that differs is the size of glass and method of interaction

14 14 14

“Employee User Experience Platform”

High quality and consistent Experience via a collaboration of Business and

IT, decoupled from back office systems

Device Language Brand Targeted Users Social

Retail Corporate Private Wealth

Our Approach - Connect Anything to Anyone

Getting out from the desk – Business Development

Getting out from the desk – Bank Executives

How to protect reputation but still meet market demand

Tools integrated just like on the consumer experience

Biometrics

Iris

Facial Recognition

Smart Cards

Q&A

Thank You