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  3. FundBank deploys services on Temenos SaaS
Technology news

FundBank deploys services on Temenos SaaS


28 August 2025 Switzerland
Reporter: Zarah Choudhary

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Image: kras99/stock.adobe.com
FundBank, a Cayman Islands-based financial institution, has gone live with Temenos SaaS to drive its expansion in the US.

The firm has deployed a full suite of services including digital and core banking, payments, and data analytics on Temenos SaaS.

According to the firm, this deployment enables FundBank to launch new products faster, elevate the digital experience, and scale efficiently.

Additionally, FundBank now offers a fully digitised corporate onboarding experience, allowing clients to complete the process “quickly and securely”.

FundBank offers banking and custodial solutions to the fund industry in the US and globally.

The bank supports both management companies and their funds with a range of services including multi-currency bank accounts, payment services, as well as custody and trading solutions.

Diarmuid O’Donovan, global chief information officer at FundBank, comments: “We’re delighted to go live on Temenos SaaS to enable our global expansion into the US. With Temenos, we can offer our clients an enhanced digital experience and scale efficiently.

“This is key to our future growth and enabling us to provide a simplistic approach to banking for investment funds and managers, allowing them more time to focus on managing their portfolios.”

Rodrigo Silva, president — Americas, Temenos, adds: “Congratulations to FundBank on this successful go-live. We’re delighted to help the bank scale its operations in the US and bring leading digital experiences and seamless onboarding to its corporate clients.

“This deployment underscores our commitment to helping financial institutions operating in the US to unlock growth through modern, cloud-native technology.”
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