Temenos’ ordinary shares trade on the Swiss Stock Exchange under the symbol "TEMN."
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Temenos is a leading provider of banking software systems to retail, corporate, universal, private, Islamic, microfinance and community banks, wealth managers, and financial institutions. Headquartered in Geneva and with 59 offices worldwide, Temenos software is proven in over 1,500 customer deployments in more than 125 countries across the world.
"The U.S. is a key strategic market for Temenos, both operationally and in terms of our investor relations effort," said Max Chuard, CFO of Temenos. "Temenos has a long history of working with U.S. investors and, following the acquisition of TriNovus announced last month, is looking forward to taking this to the next level by building a successful ADR program in conjunction with BNY Mellon."
"We’ll work with Temenos to develop and build a targeted outreach program aimed at American investors," said Christopher M. Kearns, CEO of BNY Mellon’s Depositary Receipts business. "Companies from around the world establish ADRs in the U.S. because it offers them a broader shareholder base and greater liquidity."
BNY Mellon acts as depositary for more than 2,700 American and global depositary receipt programs, acting in partnership with leading companies from 68 countries. BNY Mellon is committed to helping securities issuers access the world’s rapidly evolving financial markets and delivers a comprehensive suite of depositary receipt services.
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