AVOKA IS NOW PART OF TEMENOS
Avoka is now a part of Temenos. In December 2018 Temenos announced and completed the acquisition of Avoka. Temenos chose Avoka to further its leadership with a digital banking platform focused on customer experience, with plans to integrate Avoka products into the newly announced Temenos Infinity, Temenos’ groundbreaking omni-channel digital front office product.
Avoka solves the problems of financial institutions spending years and billions of dollars on digitally transforming their customer acquisition and onboarding experience, only to fall short of customer expectations. Until now, banks have been forced to build tailor-made applications for the acquisition and onboarding portion of the customer journey, including account opening, lending applications, business onboarding or KYC compliance.
The Avoka platform, now in Temenos Infinity, enables the financial institution to come to market rapidly, slashing the cost and risk of building these applications. And once build, banks can continuously analyze results and iterate quickly. Avoka achieves rapid time to market and agility for banks, delivers an outstanding customer experience, and integrates essential FinTech services, such as ID verification, into the digital onboarding process.
As part of Temenos, Avoka maintains it’s existing primary offices in Denver, Sydney and London.