Temenos' acquisition of additiv is a strategic move that strengthens its Wealth proposition and accelerates AI-driven orchestration. This deal is particularly fascinating because it showcases how Temenos is leveraging AI to enhance its core banking platform and create a more personalized, efficient, and scalable wealth management experience. In my opinion, this acquisition is a significant step towards a future where banking and wealth management are deeply intertwined, with AI at the heart of it all. What many people don't realize is that this move is not just about acquiring a new technology; it's about transforming the way financial institutions operate and deliver value to their clients. The acquisition of additiv is a strategic move that strengthens Temenos' position in the Wealth space and expands its AI-enabled experience and orchestration capabilities. additiv's technology enables banks and wealth managers to rapidly design and launch wealth propositions across the full customer journey, helping financial institutions accelerate time-to-market, improve advisor productivity, orchestrate investment propositions across platforms, and deliver consistent, compliant client experiences at scale. Personally, I think this acquisition is a strategic move that will help Temenos to expand its client footprint within investment services in Wealth, Retail and Universal banks in developed and emerging markets. additiv's AI-powered orchestration capabilities enhance Temenos' experience layer across digital and assisted journeys, helping financial institutions connect customer interactions, processes, data and applications more intelligently across the full customer journey. The acquisition of additiv is a strategic move that will help Temenos to strengthen its Wealth franchise and expand AI-enabled experience and orchestration capabilities that amplify the value of its trusted core banking platform. additiv's orchestration capabilities sit across processes and workflows, and provides deep domain context. These capabilities will enable financial institutions to increasingly automate processes using AI agents with the right controls and governance. additiv will retain its name and brand, and continue to support its existing clients and partners, ensuring full continuity of service. Over time, clients will benefit from the combination of additiv's orchestration and native wealth capabilities with Temenos' deep banking, wealth management, and compliance expertise, helping them deliver regulated financial-services journeys at greater scale. The acquisition of additiv is a strategic move that will help Temenos to accelerate innovation, enhance client experiences, and deliver regulated financial services at greater scale. The transaction is expected to be marginally accretive to Temenos' FY-26 ARR and non-IFRS subscription and SaaS guidance, and is expected to be neutral for Temenos' FY-26 EBIT, EPS and FCF guidance. In my opinion, this acquisition is a significant step towards a future where banking and wealth management are deeply intertwined, with AI at the heart of it all.
