Retail Banking

Overview

Temenos has more than 250 retail clients ranging from the largest international retail banking groups to community banks and new start-up operations. Our retail banking products are enriched through our work with retail clients around the world. This means our products take account of country or region-specific banking practice and cultural requirements.

T24 for Retail

'T24 for Retail' offers broad retail functionality from the front to the back office, with unparalleled scalability and resilience, focused around the customer. Featuring T24 Software, T24 for Retail helps a bank by providing:

• efficient support for changing multi-channel business models from a single application for both front and back office activity
• broad functionality from a single application which lowers cost of ownership
• system agility that allows rapid response to new business models
• cost effective access to Customer Relationship Management
• functionality that supports improved customer acquisition, retention and cross sales rates
• scalability to support merger and acquisition activity
• improved service and lower risk from process orchestration and straight through processing

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ARC

As an integral part of T24 for Retail, ARC provides a front office suite with multi-channel banking, operational CRM, analytical CRM and workflow processing. ARC also improves customer acquisition, retention and cross sales.

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TCB

TEMENOS CoreBanking (TCB) is a highly scalable platform for large banks, as well as multi-bank outsourcing centres. It is a modern platform that delivers core retail processing together with a competitive advantage. TCB’s component structure enables financial institutions to adopt a phased migration path, providing a viable route to replace fragmented systems with a fully functional architecture. Due to the high level of reusability within these functional components, financial institutions can lower the cost of maintaining and integrating their technology. TCB also enables financial institutions to adopt a product manufacturing approach to their businesses, designing, building, and distributing products quickly and effectively.

TCB provides banks with:

• the ability to design, create and distribute new products rapidly through a true “Product Builder”
• easy integration, with Services-Oriented Architecture and flexibility of aggregation
• Common Processes across lines of business, eliminating silos, redundancy, complexity
• immediate and direct access to extensive information through a single Definition of the Bank’s Data (based around FSDM – Financial Services Data Model)
• proven scalability
• Global Continuous Processing for all functionality
• platform neutrality

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T-Risk

T-Risk is the enterprise-wide risk-management tool from Temenos, supporting both the Basel II regulations and economic capital approaches as a baseline framework.

Read more about T-Risk