Transaction Systems and Orion Innovation Forge a Dynamic Partnership
Transaction Systems and Orion Innovation, both esteemed names in the IT industry, have come together in a strategic alliance designed to reshape the financial services arena. Their collaboration will introduce a vast array of professional services and solutions, including Temenos Core Banking Solutions, targeting organizations within the financial sector. By unifying their efforts in presales, sales, and delivery activities, these two firms aim to provide outstanding implementation, integration, and maintenance services for their clients.
Uniting Strengths for Superior Financial Services
This partnership enables Transaction Systems and Orion Innovation to tap into their respective strengths, expertise, and innovative capabilities, enhancing their services for the financial services industry. Together, they will focus on executing transformation programs and upgrading essential backend systems, ultimately streamlining banking operations and elevating customer service.
Strategic Expansion into New Markets
For Orion, this partnership marks an exciting chance to directly enter new markets where Transaction Systems is already established, broadening its reach and influence. Through this collaboration, Transaction Systems will be able to enhance its current offerings with advanced core banking solutions driven by Temenos, a front-runner in financial technology. Additionally, Orion's regional domain experts will significantly boost the professional services provided by Transaction Systems.
A Collaborative Approach to Core Banking Modernization
This partnership is poised to transform core banking modernization across a variety of markets. Their combined efforts will reach multiple regions, ensuring that financial institutions receive the necessary support to effectively modernize their banking infrastructures.
Leadership Insights on the Partnership
The leaders from both companies have shared their excitement about this collaboration. Martin Loeffler, the Global CEO of Transaction Systems, remarked, "We are thrilled to start this partnership with Orion Innovation. By joining forces, we are poised to deliver exceptional services to our clients in the banking sector." Suchen Janjale, Head of Financial Services at Orion Innovation, added, "This collaboration is a pivotal opportunity for both organizations to solidify their standing in the market and offer innovative core banking solutions for the financial services sector."
About Transaction Systems
Transaction Systems stands out as a top-tier provider of cutting-edge technology solutions for both the financial and retail services sectors. With a focus on payment and transaction technologies, as well as digital transformation solutions, the company was founded in 2002 and now operates in over 35 countries. Its global reach allows Transaction Systems to assist clients through local teams or a network of select partners.
About Orion Innovation
Orion Innovation is a leading firm in digital transformation and product development services, grounded in engineering and design thinking. With a workforce of around 6,400 employees, Orion partners with Fortune 1000 companies to boost operational efficiencies and enhance customer experiences while creating new digital solutions. Their service delivery spans multiple regions, including North America, EMEA, India, and Latin America, across industries such as Telecom, Media & Technology, and Healthcare.
Frequently Asked Questions
What’s the main goal of the partnership between Transaction Systems and Orion Innovation?
The partnership's goal is to deliver integrated technology solutions and professional services to advance the financial services sector.
How will this alliance affect the financial services industry?
By combining their unique strengths, the alliance aims to introduce innovative solutions and core banking systems to enhance banking operations and customer service.
What regions will this partnership target?
The partnership will focus on financial services markets across various regions, implementing transformation initiatives and modernizing backend systems.
Who are the key leaders of Transaction Systems and Orion Innovation?
Martin Loeffler is the Global CEO at Transaction Systems, while Suchen Janjale leads Financial Services at Orion Innovation.
How many countries does Transaction Systems operate in?
Transaction Systems operates in more than 35 countries around the globe, providing extensive geographic coverage and support for its clients.
