Vega IT delivers Temenos core banking in Saudi Arabia and Qatar
As banks across Saudi Arabia and Qatar accelerate core banking modernisation, Vega IT is expanding its financial services capability by delivering Temenos core banking solutions for financial institutions operating in complex, regulated environments.
Temenos is a leading global banking technology platform, providing both Temenos Transact (core banking) and Temenos Infinity (digital banking) solutions that enable financial institutions to run and transform their most critical operations.
Temenos Transact supports core banking activities such as accounts management, payments and transactions processing, lending, deposits, and regulatory reporting, while Temenos Infinity delivers a comprehensive digital engagement layer across channels: mobile, web, onboarding, and customer experience, ensuring seamless, end-to-end digital banking services.
Delivering, integrating, and modernising a platform of this scale across both core and digital layers requires deep technical expertise, strong banking domain knowledge, and proven experience operating within complex and highly regulated environments.
Financial services expertise, applied to core banking
This strategic expansion capitalises on Vega IT’s proven track record in delivering high-impact financial services and fintech platforms across Europe. Our team partner with clients to design, build, and modernise secure, scalable solutions spanning payments, lending, digital wallets, embedded finance, and critical financial infrastructure.
By extending this deep fintech and digital expertise into Temenos core banking delivery, Vega IT positions itself as a trusted transformation partner for banks. We enable financial institutions to modernise their core platforms, streamline operations, accelerate time-to-market, and build the agility required to compete and grow in an increasingly digital and regulated landscape.
Focused delivery for the Saudi market
Vega IT’s Temenos delivery capability is focused primarily on banks in Saudi Arabia and Qatar, supporting banks as they respond to evolving Core Banking Upgrades, regulatory requirements and increasing expectations around performance, resilience, and digital maturity.
Regional collaboration enabling local delivery
Temenos core banking delivery in the region is reinforced through a strategic partnership with Nexus Groupe and its specialised subsidiary NGB (Nexus Global Banking), a well-established Temenos technology partner with a strong footprint across the MEA region. This collaboration is further enhanced by Timsoft, bringing complementary financial domain expertise and deep industry insight.
By combining Vega IT’s engineering excellence with NGB’s regional market knowledge and Temenos implementation experience, alongside Timsoft’s functional and financial expertise, we create a powerful, integrated delivery model. This alliance enables us to execute complex core banking transformations with confidence, ensuring alignment with local regulatory frameworks, market dynamics, and client-specific strategic objectives.
Together, we provide banks across the region with a powerful, scalable, and future-ready pathway to core banking modernisation and digital transformation, supported by strong regional proximity, a proven track record in complex program delivery, and a deep understanding of the regulatory, operational, and competitive realities facing financial institutions today.
We are proud to extend our Temenos core banking expertise into Saudi Arabia and Qatar, two dynamic and strategically important markets. This expansion represents a significant milestone in strengthening our financial services capabilities across the region and partnering with banks as they modernize their mission-critical platforms to drive sustainable growth, digital leadership, and long-term resilience.
We are delighted to partner with Vega IT as our exclusive technology delivery partner for Temenos core banking initiatives. Their proven track record in delivering and modernizing complex financial platforms, combined with strong engineering discipline and rigorous program governance, makes them a trusted partner for banks undertaking large-scale transformation programs. A key differentiator of this collaboration is the engagement of Arabic-speaking, specialized consultants with deep expertise in Temenos including hands-on experience in Islamic banking implementations. Their understanding of Sharia-compliant products, local regulatory frameworks, and regional banking practices ensures that solutions are not only technically robust, but also fully aligned with market expectations and cultural context. Together, we are committed to supporting financial institutions across Saudi Arabia and Qatar in strengthening their core systems, accelerating digital transformation, and building resilient, compliant, and future-ready banking ecosystems.
