Temenos Acquires additiv to Strengthen Its Wealth Proposition and Accelerate AI-Driven Orchestration

WHY THIS MATTERS: The wealth management sector is facing a paradox: clients increasingly demand the hyper-personalized, digital-first experiences found in retail banking, yet the underlying processes often remain shackled to fragmented, legacy systems. This acquisition highlights a critical strategic pivot—banks are no longer competing solely on product performance, but on the sophistication of their orchestration layer. By integrating an AI-enabled, modular platform directly into its core banking ecosystem, the acquirer is effectively solving the “last mile” of digital transformation. This signals a broader industry shift toward hybrid wealth models, where firms must deliver seamless, compliant, and intelligent client journeys at scale or risk irrelevance. For incumbents, this development underscores the urgency of evolving from simple record-keeping to proactive, data-driven relationship management, turning complex, regulated workflows into a core competitive advantage.

Temenos AG (SIX: TEMN), a global leader in banking technology, today announced that it has entered into a definitive agreement to acquire additiv AG (“additiv”), a Switzerland-based fintech company that provides a specialist platform to orchestrate financial services (the “Transaction”). The company integrates process steps and data into a single orchestration layer for wealth and other financial services workflows. additiv will become part of the Temenos Group upon completion of the acquisition.

Temenos is a leader in the Wealth space, with an extensive global client base across tiers and geographies. The acquisition of additiv further strengthens Temenos’ offering in Wealth Management with native mass-affluent capabilities and a proven AI-enabled orchestration layer. additiv’s technology enables banks and wealth managers to rapidly design and launch wealth propositions across the full customer journey, helping financial institutions accelerate time-to-market, improve advisor productivity, orchestrate investment propositions across platforms, and deliver consistent, compliant client experiences at scale.

additiv has 30 clients globally including leading wealth management, banking and insurance clients who have benefited from their market leading, out-of-the-box orchestration and mass affluent capabilities. With a fast, low-risk implementation model, additiv implementations taking as little as 3-6 months, compared to the industry standard of c. 12 months. The strength of the additiv platform and customer relationships has resulted in an NPS of +90 and NRR of 138%, with strong double digit ARR growth over the last three years. additiv is headquartered in Zurich, Switzerland, with 10 offices globally and c.200 employees.

The acquisition is aligned with Temenos’ strategic focus of strengthening its Wealth franchise and expanding AI-enabled experience and orchestration capabilities that amplify the value of its trusted core banking platform and is consistent with Temenos’ disciplined capital allocation framework.

 Commenting on the transaction, Takis Spiliopoulos, CEO and interim CFO of Temenos, said: “This acquisition strengthens our Wealth proposition at a time when we see strong, growing demand for our products across tiers and geographies in the Wealth segment, with financial institutions increasingly focused on launching scalable hybrid wealth models. additiv’s orchestration capabilities complement our market‑leading platform and support our strategy to help clients deliver personalised, regulatory compliant wealth services efficiently and at scale. Together, additiv’s AI-powered orchestration capabilities and Temenos’ existing front-end solutions create strong differentiation at the banking experience layer.”

Michael Stemmle, Founder of additiv, said: “I am excited to be joining Temenos to drive the next phase of our growth. There is a strong cultural fit between the two organisations, with a relentless focus on innovation and customer success, and a clear strategy for accelerating additiv’s growth as part of the larger group. At additiv, we empower financial institutions to orchestrate complex, regulated wealth propositions and multi-segment customer journeys while seamlessly leveraging AI across the platform. Joining Temenos enables us to scale our orchestration approach globally, including into the US, and combine our capabilities with Temenos’ depth in banking and wealth technology for the benefit of all the customers we serve.”

Strengthening Temenos Wealth

additiv reinforces Temenos’ position as a recognised technology leader by enhancing its Wealth solution portfolio with a market-leading mass affluent offering. The transaction will allow Temenos to expand its client footprint within investment services in Wealth, Retail and Universal banks in developed and emerging markets. By channelling product investments across all existing wealth solutions, Temenos will accelerate its growth strategy in Wealth Management, contributing to strategic growth levers A and C, advancing its wealth product roadmap and increasing cross-selling opportunities across the customer base. For existing Temenos Wealth clients, this translates into more adaptive, future ready front office workflows. Institutions can design, launch, and continuously evolve complete wealth propositions more rapidly, while delivering consistent and intelligent experiences across both digital and advisor led interactions.

Orchestration across broader complex customer journeys

additiv’s AI-powered orchestration capabilities enhance Temenos’ experience layer across digital and assisted journeys, helping financial institutions connect customer interactions, processes, data and applications more intelligently across the full customer journey. Over time, this will enable Temenos to support more complex onboarding, origination and other workflows, broadening the application of Temenos’ solutions across high-value banking customer journeys.

A foundation for AI-driven orchestrations

additiv strengthens Temenos’ experience and orchestration layer across segments by enabling intelligent orchestration across the customer lifecycle. It reinforces Temenos’ leadership in delivering scalable, flexible and customer-centric banking experiences with its deterministic, trusted core banking platform serving as the key banking intelligence and execution layer.

additiv’s orchestration capabilities sit across processes and workflows, and provides deep domain context. These capabilities will enable financial institutions to increasingly automate processes using AI agents with the right controls and governance. This allows financial institutions to increase operational scale, reduce cost to serve, and improve customer experience.

Continuity for Clients and Partners

Following completion of the Transaction, additiv will retain its name and brand, and continue to support its existing clients and partners, ensuring full continuity of service. Over time, clients will benefit from the combination of additiv’s orchestration and native wealth capabilities with Temenos’ deep banking, wealth management, and compliance expertise, helping them deliver regulated financial-services journeys at greater scale.

Together, this will enable financial institutions to accelerate innovation, enhance client experiences, and deliver regulated financial services at greater scale.

Transaction details

Temenos is acquiring 100% of additiv with the consideration paid c.50% in cash and c.50% in equity. The transaction is subject to customary closing conditions. Completion is expected in early Q3-26, with the founder-led team continuing to run the business post-closing of the acquisition on a stand-alone basis. The transaction is expected to be marginally accretive to Temenos’ FY-26 ARR and non-IFRS subscription and SaaS guidance, and is expected to be neutral for Temenos’ FY-26 EBIT, EPS and FCF guidance.

The Board of Directors mandated IFBC AG as an independent expert to provide a fairness opinion on the financial terms of the transaction from an independent financial point of view for the benefit of Temenos and its shareholders.

FF NEWS TAKE: This acquisition is a masterstroke in consolidating the wealth-tech stack. By absorbing a platform that bridges the gap between customer interaction and backend execution, they are positioning themselves to dominate the mass-affluent market. Does this move the needle? Absolutely. It forces competitors to reconsider their own “experience layers.” Watch for rapid rollouts of AI-driven, automated advisory tools across their client base, as this deal accelerates their roadmap by years, not months.