Orion Innovation , a digital transformation and product development services firm, announced the acquisition of Banktech Software Services Ltd , a core banking implementation partner for global financial institutions. Banktech will complement Orion’s financial services business by “bringing additional industry expertise, open banking solutions, and implementation capabilities to the company.” Banktech is “a multi-regional partner for Temenos, a leading global banking platform for large and small banks, challenger banks, and fintechs.” Temenos’ banking platform “offers a wide range of solutions for Retail, Corporate, Payments, Wealth Management and Private Banking.” Banktech delivers implementation services in core banking and digital banking “for Temenos clients in the UK, Ireland, EMEA, and APAC.” Bringing Banktech and Orion together “expands the company’s capabilities in banking platforms and offerings in banking-as-a-service and SaaS.” Orion reportedly “has approximately 7,000 associates and 12 major global delivery centers across North America, Latin America, EMEA, and APAC.” Suchen Janjale , CEO of Banktech, will join Orion and “work closely with Anoop Gala , Global Head of Financial Services at Orion, to help financial services companies accelerate their digital strategies.” Raj Patil , CEO of Orion, said: “Banktech is a perfect fit for our growing financial services business. We are […]
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