Swiss technology firm Temenos has sealed a deal to acquire compatriot additiv, which offers an AI-enabled orchestration platform for wealth and financial services.
The deal covers the purchase of 100% of additiv, with consideration equally split between cash and equity.
After the deal closes, additiv will form part of the Temenos Group but maintain its existing brand.
The company will continue serving its current clients and partners, while its founder-led management team will remain in place and operate the business on a stand-alone basis.
Additiv’s platform brings together process steps and data in a single orchestration layer for wealth and other financial services operations.
Its system is used by banks and wealth managers to build and introduce wealth offerings across the customer journey, with the aim of shortening launch times, improving adviser efficiency, coordinating investment offerings across platforms, and providing consistent and compliant client services at scale.
Temenos said the deal adds mass-affluent capabilities and an AI-enabled orchestration layer to its wealth management offering.
Additiv has 30 clients worldwide, including companies in wealth management, banking and insurance.
The deal remains subject to standard closing conditions and is expected to be finalised in early Q3 2026.
Additiv founder Michael Stemmle 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.
“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.”
Temenos said the acquisition fits its focus on expanding its wealth business and adding AI-based experience and orchestration capabilities alongside its core banking platform.
It also said the transaction would widen its reach in investment services among wealth, retail and universal banks in developed and emerging markets.
Temenos CEO and interim CFO Takis Spiliopoulos 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.”
