Technology
Wealth Tech Firm Temenos Secures Multi-Product Deal With Bermuda Bank

Temenos has signed a deal with the Bermuda Commercial Bank to provide it with its T24 core banking system Model Bank, along with a suite of products including those designed to deal with anti-money laundering and FATCA compliance.
Swiss-listed wealth and banking technology firm Temenos has signed a deal with
the Bermuda Commercial Bank to provide it with its T24 core
banking system Model Bank, along with a suite of products
including those designed to deal with anti-money laundering and
FATCA compliance.
BCB has selected a multi-product approach from Temenos, including
T24 Model Bank to be run on the Microsoft SQL Server platform,
Temenos said in a statement last week.
BCB was founded in 1969 and in September 2013 held $468 million
in customer deposits.