Global banking systems company Temenos has signed an agreement with global IT services provider CSC to increase the expansion of its banking products in Germany, Austria and Switzerland.

The partnership is expected to build and support key components of the TEMENOS T24 (T24) German Model Bank platform, which has been designed to comply with specific regulatory requirements for the German speaking territories.

T24 is a banking system that provides multiple application server support to its users. The system ties together a number of channels and provides CRM functionality as well as transaction processing services.

Founded in 1993, Temenos is a global provider of banking software systems in the retail, corporate as well as community banking markets.