Core banking business Temenos has added digital assets to its offering for banking clients.
In Brief:
It's achieved this through a partnership with Taurus.
Taurus, like Temenos, is based in Switzerland, and is licenced to operate a marketplace for digital assets.
Taurus can cover any kind of tokenised assets and digital currencies within the same platform.
What does this mean?
Temenos’ product director, Alexandre Duret, said digital assets bring new opportunities for both banks and wealth managers. “Investors are increasingly aware of the performance of cryptocurrencies, which can effectively participate in the diversification of a portfolio,” he commented.
