The world’s leading universal banking solution designed for the new banking landscape.
Universal Banking Issues
Banking has undergone massive transformation and changed forever. The digital revolution has led to a disrupted marketplace with changing customer behavior and expectations, emerging competitor types, and innovative technologies that are game changing. This disruption is forcing banks to revisit their business models and the underlying technologies that drive their business. No longer are banks in control, dictating the terms of how customers bank with them. The customer has become the driving force of evolution in banking.
Banks are also under pressure from profit margins being squeezed, resulting from product transparency, competition and increasing operational, funding and regulatory costs. Despite these challenges, this digital banking era opens up massive opportunities and banks need to act so these opportunities are reaped to maintain market position and profitable growth. Banks need to provide customers with a new style of banking that fits with the new ways of living; banks need to become customer centric.
Key challenges facing Universal banks:
- Maintaining profitable growth
- Digitization and speed of change
- Evolving customer demands and expectations
- Market disruption
- Operating efficiency and rising costs
How our solution helps
UniversalSuite is an integrated banking software solution for Universal banks with market-leading retail, corporate and wealth management functionality.
It combines an agile core with powerful analytics and a single platform for distribution across all channels. It enables banks to be competitive with customer-centric, relevant products and an optimized user experience whatever channel the customer chooses to use. This will drive customer loyalty, decrease attrition, increase wallet share and improve profitability. With UniversalSuite, banks can drive efficiency at the same time as building customer intimacy.
UniversalSuite will address your banking technology, regulatory and market challenges of today and tomorrow. Through Temenos you can leverage technology innovation to drive competitor differentiation and advantage, increase operational efficiencies, reduce costs and boost profitability.
Whether you are a retail bank looking to target the mass-affluent segment, or a multi-segment, multi-country bank, UniversalSuite provides a solution which will enable you to scale, onboard, reduce attrition and deliver a market-leading service to your customers regardless of the segment.
UniversalSuite is a complete, fully integrated, front to back yet componentized banking solution, all delivered on a single platform. It combines market leading retail, corporate and wealth management functionality. UniversalSuite provides you with choice by being platform agnostic and provides flexible deployment models and speed to market, with regionalised solutions that can be deployed on or off site.
Temenos provides the richest and most comprehensive core banking functionality on the market today. This is coupled with massive scalability and straight through processing with highly automated transaction handling from multiple channels and sources, increasing efficiency, reducing operating costs and lowering the cost of ownership.
- Core banking
- Omni-channel solutions
- Front office
- Analytics and reporting
- Risk and compliance
- Financial crime and payment solutions
UniversalSuite provides everything you need from one platform to deliver customer-centric banking, drive innovation, and remain competitive in this new dynamic retail banking landscape.