Case Study: Aegean Baltic Bank achieves faster, scalable payments and modernized banking with Temenos

Aegean Baltic Bank processes instant cross-border payments in 5 seconds with Temenos

Aegean Baltic Bank, a Greek commercial bank specializing in shipping finance, required a technology foundation that could support complex, high-value cross-border transactions and enable long-term growth from its founding in 2002. To meet this challenge, the bank partnered with Temenos from the outset to implement its core banking platform, seeking enterprise-grade resilience and the agility to adapt to evolving regulations and customer expectations.

The solution from Temenos expanded over two decades into a comprehensive platform encompassing core banking, payments, syndicated lending, trade finance, and treasury. A key modernization initiative involved upgrading the Temenos Core platform and implementing Temenos Payments with TIPS integration. This enabled the bank to process instant cross-border payments in as little as five seconds, significantly enhancing the customer experience. The Temenos open API architecture also supported automation and integration, allowing the bank to innovate without disrupting its core operations and solidifying a strategic, long-term partnership.

Aegean Baltic Bank