Temenos and Microsoft Launch a Carbon Emissions Calculator for Cloud Banking
by Fintechnews Switzerland October 26, 2022Cloud banking platform Temenos has launched a carbon emissions calculator to give customers insight into carbon emissions data associated with their consumption of its services.
The calculator, which is is embedded into the Temenos Banking Cloud client portal, leverages data provided by Microsoft Cloud and its methodology was independently verified by Grant Thornton.
Temenos Banking Cloud is powered by Microsoft Azure and uses services like Azure Kubernetes Service, Azure Functions, Azure SQL and more.
The company claims that banks utlising its cloud services can enjoy over 90% in carbon emission savings compared to on premise IT infrastructures.
Max Chuard
“Our mission is to help our clients with their digital transformation while providing them with the open cloud platform to transition to a low-carbon global economy.
With this unique carbon emissions calculator, we are empowering our cloud customers to reduce the impact of their own operations and achieve their sustainability goals,”
said Max Chuard, Chief Executive Officer, Temenos.
Bill Borden
“We are pleased to be putting our combined strengths to work helping banks and financial institutions worldwide innovate faster using cloud capabilities to grow their business while meeting sustainability commitments,”
said Bill Borden, Corporate Vice President of Worldwide Financial Services, Microsoft.
