Global banking technology leader Temenos officially launched its Innovation Hub in Central Florida on March 18th, reinforcing its commitment to the U.S. market and bringing 200 new technology and product development jobs to the region. The initiative aligns with the company’s aggressive U.S. growth strategy, focusing on cutting edge research, AI-driven banking solutions, and closer collaboration with American clients.

Temenos, which provides mission critical banking software to over 1,000 financial institutions worldwide, identified Central Florida as an ideal location due to its emerging status as a technology hub, access to top tier universities, and business friendly ecosystem.

During the official announcement, Barb Morgan, Chief Product and Technology Officer at Temenos, highlighted the region’s appeal:

“Central Florida is an emerging tech hub. The area offers top-notch universities, a strong talent pipeline, and a collaborative ecosystem. It’s a great place to innovate, and our clients love to visit Orlando making this an ideal location for our expansion.”

Temenos has partnered with the Orlando Economic Partnership (OEP) to facilitate the hub’s opening and build stronger connections with the local technology community.

Accelerating U.S. Growth & Innovation

The Innovation Hub is a cornerstone of Temenos’ broader U.S. expansion strategy, which includes:

• Doubling its U.S. sales force to enhance market reach.
• Investing $30-$40 million in 2025 for research and development.
• Increasing its footprint in Tier 3 regional banks by offering tailored banking solutions.
• Expanding its product offerings for Tier 1 and Tier 2 banks, including digital banking solutions and next generation financial technologies.

For more content on local Orlando, sign up for our newsletter and follow us on Instagram

Morgan emphasized the hub’s role in fostering customer driven innovation, stating:

“Our customers will be able to come in, co-innovate with us, and create products, really hyper-personalizing that customer experience for their customers.”

Focus on AI & Future Technologies

A heavy focus on Artificial Intelligence (AI) and digital banking solutions will define the work at the Innovation Hub. As AI continues to transform the financial services industry, Temenos is positioning itself at the forefront of Generative AI (GenAI) and next generation payment technologies.

Morgan noted that the company sees tremendous potential in developing AI powered tools and real time payment solutions that enhance personalization and efficiency in banking.

What’s Next for Temenos in Orlando?

Currently, Temenos is evaluating options for a permanent location, considering both new office construction and leasing existing space. In the interim, the company is leveraging temporary office spaces and hybrid work models while actively recruiting top tech talent.

As Central Florida continues its transformation into a thriving tech and innovation hub, Temenos’ expansion signals growing confidence in Orlando’s role as a major player in the financial technology sector.