(Reuters) -Banking software company Temenos on Tuesday lowered its full year 2028 targets to reflect the $400 million sale of its fund administration software business Multifonds, announced earlier in ...

Swiss banking software firm Temenos is to sell its fund administration software business, Multifonds, to Montagu Private ...

Swiss core banking vendor Temenos has offloaded its asset administration business Multifonds to Montagu Private Equity for $400 million.

Ambienta-backed Officine Maccaferri has acquired Synteen Technical Fabrics, a geosynthetics developer and manufacturer for ...

Temenos AG, the banking software company, announces it has signed an agreement to sell Multifonds, its fund administration ...

IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology focused research, advisory, and fintech news ...

Montagu is set to acquire Multifonds from its corporate parent, Tenemos. Multifonds, a provider of global fund accounting ...

By 2028, Temenos expects ARR to exceed $1.2 billion, EBIT to reach $450 million, and free cash flow to grow to $400 million, reflecting compound annual growth rates of 13%, 10%, and 16%, respectively.

Investing.com -- Shares of Temenos Group AG (SIX:TEMN) dipped 1.6% as the market digested the company's fourth-quarter results and the impact of the Multifonds disposal. Despite the company's ...

Temenos provided solid underlying guidance, forecasting 5-7% growth in Subscription and SaaS, at least 5% EBIT growth, and a minimum of 12% FCF growth. However, the guidance, when combined with the ...

Banking software company Temenos on Tuesday lowered its full year 2028 targets to reflect the $400 million sale of its fund administration software business Multifonds, announced earlier in February.