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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 presents 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 consumer experiences at scale.
With an in depth world consumer 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 presents 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 broaden its consumer 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 once 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 help 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 presents a core banking suite and modular composable options to assist banks and different monetary establishments modernize their operations. Deployable on-premises, through the cloud, or as a SaaS answer, Temenos’ expertise empowers monetary establishments of all sizes to ship revolutionary, AI-enhanced experiences to their clients. Based in 1993 and primarily based in Geneva, Switzerland, Temenos immediately 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 presents an API-first, cloud-based monetary providers orchestration platform that allows monetary establishments and types to launch, automate, and scale monetary providers from a singular answer. Empowering corporations in wealth administration, banking, credit score, and insurance coverage, additiv’s expertise permits companies to broaden their very own choices and introduce third-party services to their clients with out having to exchange core methods. A Finovate alum since 2013, additiv most lately demoed its expertise 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. Hundreds of thousands of legacy pensions (so-called “Riester” contracts) might be migrated to the brand new pension product, creating new urgency for establishments that search to draw or just retain these clients.
“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 are actually establishing scalable digital infrastructure will safe long-term buyer relationships—and with tens of millions of Riester contracts up for migration, the window to behave is open.”
Picture by Henrique Ferreira on Unsplash
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