We help banks and financial institutions across the Middle East and North Africa modernize core banking, launch digital channels and run them securely on Temenos — faster, with less risk.
Prema Consulting is a FinTech services provider for the banking and finance sector in the Middle East and North Africa (MENA). We provide transformation services for core banking and digital banking to banks, financial institutions and FinTech companies.
Headquartered in Amman, Jordan, with an office in Baghdad, Iraq, we implement and operate Temenos Transact (T24) and Temenos Infinity, and support banks with managed IT services and cyber security — from the first assessment through to operations after go-live.
More about Prema ConsultingBecome a key player in the FinTech market by delivering reliable transformation outcomes for financial institutions.
Foster creativity and innovation in financial technology through practical implementation and measurable business value.
Deliver exceptional experiences that empower consumers and support banks in building trusted digital relationships.
From core banking modernization to digital channels and cybersecurity, we deliver end-to-end solutions for the financial industry.
We help financial institutions modernize their legacy core banking systems by transitioning to the market-leading Temenos T24/Transact platform. Our comprehensive approach ensures seamless migration, operational efficiency, and full regulatory compliance.
We enable banks to offer their retail and corporate products through digital channels. Using the Temenos Infinity platform, we design, develop and implement Mobile Apps and Web Applications covering UX/UI, Backend and APIs — so rich and user-friendly that customers never need to visit a branch.
We provide a comprehensive yet flexible portfolio of Managed IT Services for the Financial Software Industry. Our proven methodologies and cutting-edge tools help banks optimize operations, ensure business continuity, and achieve maximum return on IT investment.
Information Security is vital for banks and financial institutions. Through our partners network, we provide products and services that protect organizations from today's ever-changing security threats, ensuring compliance with banking security standards.
Through our consultants and partners network, we provide expert advisory services covering the latest technologies in the banking and financial sector, helping institutions navigate digital transformation and emerging technologies.
At Prema Consulting we focus on shortening the Time To Market. We believe that the main objective for our clients is to start using the products and services we offer in a productive manner as soon as possible.
This will help them achieve their set ROI in the fastest way possible. To achieve TTM in all our engagements, we focus on six key factors.
Explore Our ApproachInvesting in top-tier talent with deep domain expertise in banking and financial technology.
Leveraging cutting-edge tools and frameworks to automate repetitive tasks and accelerate delivery.
Streamlining processes and eliminating waste to deliver maximum value in minimum time.
Embracing new technologies and creative solutions to solve complex industry challenges.
Building modular, reusable components and assets that accelerate future project delivery.
Maintaining rigorous standards with comprehensive testing and continuous improvement practices.
Innovative solutions that drive digital transformation and operational excellence for financial institutions.
AI-powered conversational banking assistants that handle customer queries, transactions, and support 24/7 across multiple channels.
Secure electronic signature validation systems ensuring document authenticity and regulatory compliance for financial institutions.
Advanced biometric authentication using fingerprint, facial recognition, and voice verification for secure customer identification.
Comprehensive KYC and identity verification solutions ensuring regulatory compliance and fraud prevention.
Streamlined digital onboarding journeys that reduce time-to-serve while maintaining full regulatory compliance.
End-to-end loan processing platforms automating applications, credit scoring, approvals, and disbursement workflows.
Collaborating with industry leaders to deliver exceptional solutions
Financial institutions trust us with critical systems and sensitive data. Our information security management system is independently certified to ISO/IEC 27001, the international standard for protecting information.
Request a copy of our certificateCore banking and digital banking transformation in the Middle East, explained.
A FinTech services provider specializing in core banking and digital banking transformation for banks across MENA.
A FinTech services provider specializing in core banking and digital banking transformation for banks across MENA.
Prema Consulting is a FinTech services provider for the banking and finance sector in the Middle East and North Africa (MENA). It delivers core banking transformation (Temenos Transact / T24), digital banking (Temenos Infinity), payments (Temenos Payments Hub), anti-money laundering (Temenos FCM – AML), managed IT services, cyber security and banking technology consultancy. The company has 10+ years of experience, 90+ consultants and 30+ completed projects for 20+ financial institutions. It is a certified Temenos partner and is ISO/IEC 27001 certified.
Headquartered in Amman, Jordan, with an office in Baghdad, Iraq, serving financial institutions across MENA.
Headquartered in Amman, Jordan, with an office in Baghdad, Iraq, serving financial institutions across MENA.
Prema Consulting is headquartered in Amman, Jordan, with a second office in Baghdad, Iraq. It serves banks, financial institutions and FinTech companies across the Middle East and North Africa, with delivery teams that work on-site and remotely.
The replacement or modernization of the system a bank uses for accounts, lending, payments and the general ledger.
The replacement or modernization of the system a bank uses for accounts, lending, payments and the general ledger.
Core banking transformation is the replacement or modernization of the central system a bank uses to manage accounts, deposits, loans, payments and the general ledger. It usually involves assessing the legacy platform, designing the target operating model, configuring a modern core such as Temenos Transact (T24), migrating and reconciling data, testing, and cutting over to the new system. Banks in the Middle East undertake it to launch products faster, support digital channels and real-time payments, meet central bank regulations, and reduce the cost of maintaining legacy technology.
A core banking platform used by more than 3,000 financial institutions worldwide.
A core banking platform used by more than 3,000 financial institutions worldwide.
Temenos Transact, formerly known as T24, is a core banking platform from Temenos, a Swiss-listed banking software company serving more than 3,000 financial institutions in about 145 countries. It covers retail, corporate, private and Islamic banking with a parameter-driven product engine. Banks across the Middle East use it because it is widely adopted in the region, supports multi-entity and multi-currency operations, and has a large ecosystem of implementation partners. Prema Consulting implements, upgrades, customizes and operates Temenos Transact.
The delivery of banking products through mobile, web and API channels, with Temenos Infinity as the platform.
The delivery of banking products through mobile, web and API channels, with Temenos Infinity as the platform.
Digital banking means offering a bank's retail and corporate products through mobile apps, web portals and APIs so customers can open accounts, transact and get service without visiting a branch. Temenos Infinity is a digital banking platform that provides customer-facing journeys, onboarding, and an integration layer to the core banking system. Prema Consulting designs and implements Temenos Infinity solutions end to end, covering UX/UI design, backend development and API integration.
A specialist focus on MENA banking and Temenos, with senior teams, local presence and faster mobilization.
A specialist focus on MENA banking and Temenos, with senior teams, local presence and faster mobilization.
Prema Consulting is a specialist firm focused on banking technology in the Middle East and North Africa, with deep Temenos expertise and offices in Jordan and Iraq. Compared with large global system integrators, it typically offers senior specialists closer to the client, faster mobilization and leaner, more cost-efficient teams. Global integrators are generally better suited to very large, multi-country programs that combine management consulting, multiple vendors and global sourcing. Many banks combine both models.
Let's discuss how Prema Consulting can help you achieve your digital transformation goals.