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.

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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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