Security and identity management firm Crossmatch, announced that it has been awarded “Complementary Solution Provider of the Year” by Temenos Group AG (SIX: TEM), a leading global provider of banking and financial services software.
The award was granted for Crossmatch’s contribution to Temenos business involving biometric authentication, and is based on ease of use, level of integration and product revenue contribution. Crossmatch partnered with Temenos in 2013 to integrate the firm’s DigitalPersona strong authentication platform into the Temenos Core banking software solution.
“It is an honor to be recognized by the leading provider of enterprise banking and finance software,” noted Michel Nerrant, Vice President of Solutions for Crossmatch. “The authentication module, T24 Biometric, delivers enhanced security, operational efficiencies and compliance tracking to the Temenos Core banking customer base.” Recent security breaches at financial institutions that led to unauthorized access to the funds transfer messaging system known as SWIFT have continued to spotlight the need for increased protection from external attack threats. These breaches also highlight the need to enhance internal employee security protocols and compliance audit capabilities.
Crossmatch is a leading provider of high security authentication and identity management solutions. The company’s solutions are trusted by enterprises, governments and law enforcement agencies worldwide. For more information on DigitalPersona authentication solutions click here or visit www.crossmatch.com.
Temenos Group AG (SIX: TEMN), headquartered in Geneva, is a market leading software provider, partnering with banks and other financial institutions to transform their businesses and stay ahead of a changing marketplace. Over 2,000 firms across the globe, including 38 of the top 50 banks, rely on Temenos to process the daily transactions of more than 500 million banking customers. Temenos customers are proven to be more profitable than their peers: in the period 2008-2014, they enjoyed on average a 31% higher return on assets, a 36% higher return on equity and an 8.6 percentage point lower cost/income ratio than banks running legacy applications.
For more information please visit www.temenos.com