The MultiCloud Database Freedom program works to eliminate the need to run and manage expensive legacy database platforms and evolve to the appropriate managed database services in the cloud to align with strategic and operational goals, to drive cost savings and allow Temenos customers to focus on driving business value.

Temenos Exchange brings innovation to market faster, and at scale. The ecosystem offers pre-integrated and approved fintech solutions that can be easily deployed on top of Temenos open platform for composable banking, enabling banks to accelerate the creation of new financial services, while reducing the costs of development.

Martin Bailey, Director of Innovation and Ecosystems, Temenos, said: “Temenos Exchange acts as an accelerator for fintechs and software developers, helping them develop, validate and monetize new banking solutions. The integration with Temenos and joining Temenos Exchange means Cintra can provide Database Freedom Services to help Temenos customers optimize operational costs allowing thousands of banks globally to drive down legacy Oracle costs and enable a focus on new capabilities for their customers."

“We are really excited to become a member of the Temenos Exchange community and provide invaluable cloud migration expertise to members and free up commercial and technical debt within the Temenos customer base to free up resources to drive real innovation,” said Steve Wyper, Cintra CEO.

“Cintra's availability on Temenos Exchange further extends our commitment to the banking community and enables Temenos customers to easily reap the benefits of these important services. We look forward to leveraging the power of the Temenos platform to help us achieve our business goals.

"Our Database Freedom Services help Temenos customers modernize database platforms which support Temenos application solutions, driving savings to unlock innovation and growth. Cintra delivers the end to end services for Temenos customers to evolve from Legacy database platforms, typically starting with zero-impact discovery and assessment services, followed by architecture design, migration and managed services."