VENDOR · EU
Temenos acquires additiv to strengthen wealth management and financial services orchestration
Temenos, a leading banking software vendor, announced a definitive agreement to acquire Switzerland-based additiv, which provides platform orchestration for financial services delivery, strengthening Temenos's wealth and advisory capabilities.
WHY IT MATTERS
Consolidation in banking tech suppliers accelerates; Temenos customers must evaluate integration costs and roadmap continuity. Incumbents gain AI-infused workflow automation; smaller specialist vendors face acquisition or obsolescence.
Source: Finextra · 2026-06-08