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Top 50 US Bank Completes Core Transformation with Temenos

Commerce Bank goes live on Temenos core banking platform to reimagine banking for the digital era

Temenos (SIX: TEMN), the banking software company, today announced that Commerce Bank (NASDAQ: CBSH) has gone live with Temenos core banking platform. This milestone completes Commerce Bank’s modernization project to move from its legacy systems for deposits to a modern, agile and open platform tailored for the US market.

Named again among America’s Best Banks by Forbes, Commerce Bank has been serving customers for over 150 years. Commerce operates using a “super community bank” model that combines the best of small with the best of big. This requires bringing together sophisticated banking products with high-touch, high-tech delivery to create and build deep relationships. Operating with a long-term view and a focus on the customer, Commerce modernized and consolidated its systems, enabling innovation, real-time and straight-through processing, and a 360° view of the customer relationship.

Commerce chose Temenos as its strategic technology partner for its highly flexible, agile banking platform. Temenos’ modern platform will increase operational efficiency, enhance Commerce’s ability to innovate and incorporate emerging technologies. Empowered by a modern platform, Commerce will benefit from rapid speed-to-market for new products and banking services. The Temenos U.S. model bank approach will help Commerce meet the unique business and regulatory needs of the market in an efficient and cost-effective way.

David Roller, Chief Information Officer, Commerce Bank, commented: “Commerce is focused on staying at the forefront of technology to ensure the best service to our customers. We recognize that a modern core banking platform is an accelerator for innovation and digital customer experiences. The Temenos platform will enable Commerce to deliver innovative solutions for our customers today and well into the future.”

Max Chuard, Chief Executive Officer, Temenos, said: “We are delighted to see Commerce Bank complete its core banking system modernization. This proves the strength of our banking platform, which is tailored for the needs of US banks from large regional incumbents, and global disruptors to challenger banks. Temenos continues to see strong momentum in the United States, and we’re excited to add this milestone to our achievements. Incumbent banks and challenger banks are facing stiff competition from within the industry and outside, as customer expectations for personalized, fast and easy banking interactions continue to increase. At the same time, legacy vendors aren’t able to provide the cloud-agnostic, composable banking services that continue to make Temenos an industry leader. Our open platform provides the foundation that empowers Commerce to solve customer challenges in new and exciting ways.”

About Commerce Bank

With $36.7 billion in assets1, Commerce Bancshares, Inc. (NASDAQ: CBSH) is a registered bank holding company offering a full line of banking services, including payment solutions, investment management and securities brokerage. Commerce Bank, a subsidiary of Commerce Bancshares, Inc., leverages more than 150 years of proven strength and experience to help individuals and businesses solve financial challenges. In addition to offering payment solutions across the U.S., Commerce Bank currently operates full-service banking facilities across the Midwest including the St. Louis and Kansas City metropolitan areas, Springfield, Central Missouri, Central Illinois, Wichita, Tulsa, Oklahoma City, and Denver. It also maintains commercial offices in Dallas, Houston, Cincinnati, Nashville, Des Moines, Indianapolis, and Grand Rapids. Commerce delivers high-touch service and sophisticated financial solutions at regional branches, commercial offices, ATMs, online, mobile and through a 24/7 customer service line. Learn more at

1As of December 31, 2021

About Temenos

Temenos AG (SIX: TEMN) is the world’s leader in banking software. Over 3,000 banks across the globe, including 41 of the top 50 banks, rely on Temenos to process both the daily transactions and client interactions of more than 1.2 billion banking customers. Temenos offers cloud-native, cloud-agnostic and AI-driven front office, core banking, payments and fund administration software enabling banks to deliver frictionless, omnichannel customer experiences and gain operational excellence.

Temenos software is proven to enable its top-performing clients to achieve cost-income ratios of 26.8% half the industry average and returns on equity of 29%, three times the industry average. These clients also invest 51% of their IT budget on growth and innovation versus maintenance, which is double the industry average, proving the banks’ IT investment is adding tangible value to their business.

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Jessica Wolfe & Scott Rowe

Temenos Global Public Relations

Tel: +1 610 232 2793 & +44 20 7423 3857


Alistair Kellie & Andrew Adie

Newgate Communications on behalf of Temenos

Tel: +44 20 7680 6550


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