DXC Technology has signed a strategic agreement with Temenos, the banking software company to accelerate the digital transformation strategy for DXC’s large bank customers.

The expanded partnership brings together the extensive cloud hosting, implementation and integration strengths of DXC with the power of Temenos banking software.

The two companies will jointly offer large bank customers the optimal modernization approach to address competitive, regulatory, cost and innovation drivers.

With the combined strengths of DXC and Temenos, customers can adopt a modern core banking solution, confident in their migration success and benefits of adopting a fully hosted and resilient solution.

Max Chuard, Chief Executive Officer, Temenos said: “This joint go-to-market strategy with DXC is a new channel to market for Temenos, which will accelerate our penetration in the large banks segment, notably with the U.S. market, representing approximately 60% of the total third-party market spend. Together, we seek to help larger banks with complex, legacy IT architectures break down silos, reduce IT complexity and costs, and gain greater speed to market.”