Temenos Appoints Erich Gerber as President and Chief Revenue Officer

Temenos AG, a Switzerland-based company specializing in enterprise software for banks and financial services, has announced the appointment of Erich Gerber today as President and Chief Revenue Officer as part of the company’s effort to strengthen its Executive Committee. Gerber’s appointment is effective from March 1, 2022.

Gerber will be responsible for leading Temenos’ global Customer Operations to accelerate and scale expansion to new territories and market segments. He and his team will focus on generating new revenue streams through partnerships and increasing the firm’s presence in large tier 1/ 2 banks. Therefore, Gerber’s leadership will play a crucial role in helping the company see the transformative power of intelligence and trusted data in making more confident business decisions.

Gerber joins Temenos with more than 30 years of experience in leading sales functions for large technology firms in enterprise software and cloud services. He has demonstrated a solid track record in accelerating growth in subscription-based models and transforming sales functions into high-performing organizations.

Before joining Temenos, Gerber worked at TIBCO Software Inc for 13 years, where he executed various leadership roles across business and sales operations in several regions. Most recently, he served as Senior Vice President for Europe, Middle East and Africa (EMEA) as well as the Asia Pacific and Japan. In the past, he worked as TIBCO’s Vice President Global Sales Operations and Transformation out of the U.S.

Prior to TIBCO Software, Gerber worked at a number of software firms, including BEA Systems, IXOS and BMC Software.

Max Chuard, the Chief Executive Officer of Temenos, talked about the appointment: “I am delighted to welcome Erich to Temenos as our President and Chief Revenue Officer. His expertise in building and running organizations globally and his deep customer and partner relationships make him a perfect fit for this crucial role. Erich has led successful transitions to subscription sales in the past and understands the value equation that this change can bring. Erich’s passion for customer success will be invaluable as we continue to help traditional banks modernize their legacy systems and enable non-incumbent players to scale fast with our cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term technology.”

Driving Innovation within the Banking Sector

A few days ago, Temenos launched a wide range of new banking services to meet the growing unique requirements of neobanks and digital challenger banks. The services make the operations of such fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term banks secure and efficient. Some of the major challenger banks, including Alex Bank, Virgin Money Australia, FlowBank and Varo Bank have selected Temenos’ new platform for composable banking.

Last month, Temenos launched a ‘Buy-Now-Pay-Later banking service’ that enables banks and fintechs to reach new markets and cement their relationships with both merchants and consumers through alternative credit products.

In April last year, Temenos saw an increased number of its customers signing up for its Temenos Compliance Advisory Services. Delta Community Credit Union, Sharonview Federal Credit Union and the Bank of Clarendon were some of the latest financial institutions that leveraged the advisory service to navigate today’s complex regulatory environment.

The Covid-19 pandemic changed the way people work and live, requiring a new and digital approach. As a result, credit unions and banks were expected to establish new processes and policies and respond to new regulations such as the rollout of Paycheck Protection Program (PPP) as part of the CARES act.