Temenos Adds NuoDB and Seals Minority Stake
The partnership will offer banks the option to migrate applications to multiple cloud databases to minimize risks and operational costs.
Temenos has announced it will use NuoDB’s distributed database services for cloud to improve the scalability, performance, and availability of its banking applications.
NuoDB’s capabilities will enable sell-side clients to more easily migrate Temenos’ technologies to various cloud providers such as Microsoft Azure and Amazon Web Services (AWS), to mitigate the risk of downtime, enable cloud-to-cloud backup and help reduce operational costs.
“In other words, a customer could have [operations]
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