Swiss banking software firm Temenos is to sell its fund administration software business, Multifonds, to Montagu Private ...

Temenos provided solid underlying guidance, forecasting 5-7% growth in Subscription and SaaS, at least 5% EBIT growth, and a minimum of 12% FCF growth. However, the guidance, when combined with the ...

By 2028, Temenos expects ARR to exceed $1.2 billion, EBIT to reach $450 million, and free cash flow to grow to $400 million, reflecting compound annual growth rates of 13%, 10%, and 16%, respectively.

Banking software company Temenos on Tuesday lowered its full year 2028 targets to reflect the $400 million sale of its fund administration software business Multifonds, announced earlier in February.