Edition:
India

Temenos And HCL Technologies Sign Exclusive Agreement To Market Temenos' Development Platform


Tuesday, 2 Jun 2020 

June 2 (Reuters) - TEMENOS GROUP AG ::TEMENOS AND HCL TECHNOLOGIES SIGN EXCLUSIVE AGREEMENT TO MARKET TEMENOS' MULTIEXPERIENCE DEVELOPMENT PLATFORM FOR NON-BANKING SERVICES.AGREEMENT IS EXCLUSIVE FOR SEVEN YEARS.STRATEGIC AGREEMENT HAS A POSITIVE IMPACT ON TOTAL SOFTWARE LICENSING AND NON-IFRS EBIT AND IS ON AVERAGE 1-2% ACCRETIVE TO NON-IFRS EPS P.A. FOR DURATION OF EXCLUSIVITY.