Temenos Unveils Microsoft Azure-Powered AI Copilot for Faster Financial Product Innovation
At the Temenos Community Forum 2025 in Madrid, Temenos introduced the Temenos Product Manager Copilot. This state-of-the-art tool harnesses the power of generative AI to assist banks in the efficient design, testing, launch, and refinement of financial products. Integrated with Microsoft Azure OpenAI Service and embedded within the Temenos Retail core banking solution, the Product Manager Copilot offers a conversational interface for seamless access to core banking functions and data insights.
The primary objective of this innovative tool is to expedite the process of bringing retail products to market, ensuring they align closely with customer needs. Available as part of the advanced and enterprise editions of Temenos’ retail accounts offerings, the Copilot is already proving to be a game-changer for over 950 banks worldwide, catering to a diverse range of financial institutions from large international entities to smaller regional organizations.
Enhanced Product Development with AI Integration
The Copilot empowers product managers to utilize built-in agents or connect via Microsoft Teams to streamline the development, testing, and deployment of products. By leveraging core banking data insights without the need for intricate queries, users can make more informed decisions, ultimately enhancing the product development process.
Seamless Integration with Microsoft Azure
The integration with Azure OpenAI Service enables the Copilot to extract valuable insights from a bank’s core data, documentation, and regulatory information. Designed to be adaptable, the Copilot can seamlessly work with existing AI agents or connect to bank-specific data sources, offering a high level of flexibility and customization. Microsoft Azure's platform ensures reliability, scalability, security, and confidentiality, especially crucial when handling sensitive customer information.
The Future of Banking Innovation
Studies conducted on behalf of Temenos reveal a growing interest in generative AI among banks, with 75% currently exploring its applications and 36% already in the implementation phase. Additionally, 73% of respondents believe that agentic AI will have a transformative impact on the banking industry.
Barb Morgan, Chief Product and Technology Officer at Temenos, emphasized the significance of the Product Manager Copilot, stating, “Temenos Product Manager Copilot unlocks the full innovation potential of Temenos core banking using Generative AI to help banks deliver better products faster to their customers.”
Collaborating closely with its Design Partner clients, including Banque Internationale à Luxembourg, Temenos has successfully developed a cutting-edge solution that revolutionizes the product innovation landscape within the banking sector.
Clare Barclay, Corporate Vice President, Enterprise, Industry and Software Development Partners at Microsoft, highlighted the impact of Azure OpenAI integration, enabling banks to leverage generative AI for accelerated product innovation, enhanced customer engagement, and improved operational agility and intelligence.
With this strategic collaboration, banks can harness the power of AI to drive innovation and shape the future of banking, ultimately delivering superior products and services to their customers.
