Swissquote prides itself on deploying the most advanced solutions to serve its retail and corporate clients. But when its original core platform could no longer keep pace with business volumes, the digital-only bank knew it was time for a comprehensive overhaul. Swissquote implemented Temenos T24 Transact solution and Temenos Platform Framework, gaining the robustness and scalability to handle huge transaction numbers and to automate 99.9% of middle- and back-office processes. The team of just 41 now serves 230,000 clients, even gaining time for more revenue-generating activities, which have already led to expanding margins.
“The modularity of Temenos T24 Transact is unique. The way you can use Temenos T24 Transact to cover your needs is just unbelievable. You can use it in many different ways. It is a fantastic product.”Lino Finini, Head of Back Office and Banking Applications