Banking software provider Temenos has partnered with NVIDIA to offer banks on-premises generative AI solutions.

This collaboration will enable banks to leverage the power of AI for real-time insights while maintaining data security and control.

By combining Temenos’ banking expertise with NVIDIA’s advanced AI platform, including NVIDIA GPUs and NVIDIA AI Enterprise software, banks can utilise unstructured data more effectively.

This will lead to improved customer experiences through personalised services and more efficient operations.

Temenos’ generative AI, running on NVIDIA’s accelerated computing platform, will allow for rapid processing of information and the scaling of AI capabilities as needed.

This is achieved through the use of NVIDIA NIM microservices, which provide optimised AI inference and simplified deployment within the NVIDIA AI Enterprise platform.

This partnership emphasizes responsible AI implementation, ensuring data privacy and explainability within various banking functions, including credit scoring, anti-money laundering, and customer engagement.

The aim is to empower banks to innovate and improve efficiency, productivity, and customer satisfaction, ultimately future-proofing their operations for an AI-driven world.

Temenos’ generative AI solutions will also be accessible through NVIDIA’s verified deployment architecture and distributed by NVIDIA’s partner network, making it easier for banks to adopt and deploy these advanced technologies.

Barb Morgan, Chief Product and Technology Officer at Temenos, said,

“This collaboration exemplifies the strength of combining Temenos’ banking expertise with NVIDIA’s industry-leading AI infrastructure, giving banks powerful tools to serve customers in real-time with precision and control.

At Temenos, we believe in responsible, customer-centric AI that empowers banks to innovate on their own terms. With NVIDIA, we’re helping enable banks to unlock the future of financial services—where data-driven insights meet unparalleled performance and customer-centric innovation.”

Malcolm deMayo, Vice President of Global Financial Services at NVIDIA, said,

“AI is reshaping financial services, letting banks reimagine customer interactions and optimise secure, scalable and efficient operations.

With Temenos’s integration of NVIDIA NIM microservices, banks can access real-time insights, identify areas for improvement, and deliver more personalised and responsive customer experiences.”

Featured image credit: Edited from Freepik

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