June 2, 2020 / 5:21 AM / a month ago

BRIEF-Temenos And HCL Technologies Sign Exclusive Agreement To Market Temenos' Development Platform

June 2 (Reuters) - TEMENOS GROUP AG:

* TEMENOS AND HCL TECHNOLOGIES SIGN EXCLUSIVE AGREEMENT TO MARKET TEMENOS’ MULTIEXPERIENCE DEVELOPMENT PLATFORM FOR NON-BANKING SERVICES

* AGREEMENT IS EXCLUSIVE FOR SEVEN YEARS

* STRATEGIC AGREEMENT HAS A POSITIVE IMPACT ON TOTAL SOFTWARE LICENSING AND NON-IFRS EBIT AND IS ON AVERAGE 1-2% ACCRETIVE TO NON-IFRS EPS P.A. FOR DURATION OF EXCLUSIVITY Source text: bit.ly/2TWYrWo Further company coverage: (Gdansk Newsroom)

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