Temenos, a Switzerland-based banking technology company, has announced the opening of a new Innovation Hub in Central Florida to support its US clients and advance banking solutions.

The company plans to recruit around 200 technology and product developers at the hub, focusing on research and development for US-specific banking solutions, including the use of GenAI.

The facility is designed to facilitate collaboration between Temenos, its clients, and partners to develop practical banking solutions.

Financial institutions visiting the hub will have direct access to emerging technologies and work alongside Temenos experts.

Jean-Pierre Brulard, CEO of Temenos, stated:

“This investment is in line with our strategy and commitment to the US market, further investing in our product, expanding our go-to-market capabilities and scaling through strategic partnerships. By bringing our technology development closer to our American clients, we’re accelerating customer-centric innovation tailored for the US market.”

Temenos has worked with the Orlando Economic Partnership (OEP) to facilitate the hub’s opening, aiming to strengthen ties with the local tech community and access talent.

Orlando is among the fastest-growing cities in the US, with technology job growth in the region projected to reach 27% by 2030.

The company will also benefit from its proximity to The University of Central Florida (UCF) and other STEM-focused institutions, providing a skilled workforce and potential research collaborations.

Tim Giuliani, President and CEO of the Orlando Economic Partnership, commented:

“With strong infrastructure, a skilled workforce, and an expanding tech ecosystem, Central Florida is a prime location for tech companies looking to grow and innovate. We are pleased to see Temenos expanding in our region, and our team at the Orlando Economic Partnership is proud to continue supporting their expansion by connecting them to the right locations and resources.”

Featured image credit: Temenos