for the strength of Kony DBX, which will help boost Temenos' operations in the market. And by appointing Kony CEO Thomas Hogan the president of Temenos' North American operations, the Swiss firm has ensured that it has someone intricately familiar with the local market landscape heading up its stateside operations.
Temenos is likely betting on both its Kony acquisition and its previous acquisition of Avoka to produce a strong front-office offering to complement its back-end product. Avoka was an Australian SaaS company that focused on creating rapid customer acquisition and onboarding journeys in several industries, including financial services and government.it in December 2018 and integrated it into its Digital Front Office product — the offering that would later be transitioned into Temenos Infinity.
And an upgraded Temenos Infinity will be an excellent complement to Temenos' other major product, Temenos T24 Transact, which focuses on core banking and back-end cloud technology, enabling Temenos to compete in both the front- and back-end banking software markets and offer advanced end-to-end solutions to customers.pass to Business Insider Intelligence and gain immediate access to the Banking Briefing, plus more than 250 other expertly researched reports.