Temenos Support

The financial world is on the brink of a major shift as traditional finance and digital assets merge. Today, Dfns and Temenos have formed a strategic partnership, making Dfns the first EU-based wallet service and digital asset infrastructure available on the Temenos Exchange. This collaboration allows thousands of banks worldwide to seamlessly integrate cryptocurrency services into their existing systems, ushering in a new era of financial innovation. 

We are proud to join Temenos in enhancing their platform, having successfully passed their rigorous due diligence process. This approval underscores the trust and safety of the Dfns solution for the world’s largest banks.

Temenos, a leader in global banking technology

Temenos has been a global powerhouse in banking software for over 30 years, providing cutting-edge systems to over 3,000 financial institutions worldwide. Serving more than 1.2 billion people across 150 countries, Temenos powers 41 of the world’s top 50 banks, making it an indispensable player in the global financial ecosystem. The company’s open platform, Temenos Exchange, serves as a dynamic marketplace for fintech companies to integrate their solutions, allowing banks to innovate rapidly while adhering to stringent security and compliance standards.

Through this platform, banks can scale and customize digital financial services, reduce operational costs, and respond to the growing demand for digital banking. The partnership with Dfns extends these capabilities to include secure digital asset management, making it easier than ever for traditional banks to embrace the world of cryptocurrencies.

Dfns, the most modern digital asset infrastructure

Dfns, a Paris-based cybersecurity company, provides digital asset infrastructure and Wallets-as-a-Service (WaaS) solutions, enabling organizations to securely and efficiently manage digital assets. SOC 2 Type II certified, the Dfns platform uses advanced Multi-Party Computation (MPC) technology and HSM connectivity through its BYOD (Bring Your Own Device) API, ensuring private keys are always secure and never exposed, even during transactions. Supporting a wide range of blockchains, Dfns allows banks to manage digital assets seamlessly across multiple networks.

Over the past 4 years, Dfns has simplified blockchain management by abstracting away complexities such as keys, wallets, users, transactions, and service deployments through an open and composable architecture. This enables banks to apply their existing governance and compliance frameworks to digital asset activities. Dfns aligns with NIST key management recommendations and cybersecurity standards, offering robust solutions for banks operating in multiple jurisdictions, mitigating risk, and providing in-depth, real-time analytics for middle and back offices to support decision-making in sync with regulations and business needs.

Dfns' WaaS platform supports millions of wallets with sub-second signing speeds and a minimum annual uptime of 99.95%, making it a reliable choice for banks looking to integrate digital assets without overhauling existing systems. With Dfns, financial institutions can quickly and securely enter the crypto space, ensuring compliance and operational continuity.

What Dfns brings to Temenos and its clients

With Dfns now on the Temenos Exchange, banks and financial institutions can access a range of benefits designed just for them:

• Secure User Onboarding: Protects user access with multi-factor authentication, passkeys, biometrics, and hardware tokens like Yubikeys for a safe and easy onboarding process.
• Smooth Admin Experience: Streamlines management of critical assets within a flexible governance framework. Import your compliance rules, set permissions, and approvals, and monitor all digital asset activities in real-time.
• Comprehensive Blockchain Access: Supports all major blockchains with advanced key management and data indexing. Ability to integrate new blockchains fast. Quick and easy deployment through UI, API, SDK, or iFrame.
• Unified Interfaces: Simplifies blockchain complexities with user-friendly API functions and an intuitive admin dashboard. Provides customizable wallets and supports both custodial and non-custodial options.
• Efficient Transactions: Automates complex workflows via API for smooth transactions. Supports smart contracts and various key and signature types, ensuring efficient operations across different use cases.
• Scalability and Reliability: Manages high transaction volumes with fast processing and 99.95% uptime. Supports millions of wallets with robust performance and data integrity.
• Regulatory Compliance: Adheres to global standards like DORA and FISMA. Offers flexible wallet and service configurations to meet compliance needs now and in the future.

Traditional finance and digital assets as one

Dfns' integration into the Temenos Exchange marks an important milestone in bridging traditional finance with digital assets. As the first and only European digital asset infrastructure provider on the platform, Dfns is joining a select group of compliant fintech innovators, including Wyden and Taurus (both Swiss-based) and Fireblocks (Israeli-based), just as the EU's MiCA regulations come into effect in 2025.

This partnership gives over 3,000 banks worldwide seamless access to Dfns’ wallet infrastructure without needing major changes to their core systems. Banks can now enable cryptocurrency wallets within their apps in just a few weeks, unlocking new opportunities for customer engagement and revenue. From crypto payments and custody to tokenized asset management, financial institutions can offer a full range of digital asset services while staying compliant and efficient.

This collaboration highlights the need for traditional finance and blockchain solutions to work together. By combining Dfns' advanced wallet infrastructure with Temenos' broad banking platform, digital assets become more accessible and secure for both banks and their customers.

For more information, visit: temenos.com/community/exchange/providers/dfns