Being cloud native and cloud agnostic, our system leverages on-demand elastic cloud scalability enabling banks to process higher volumes of transactions with less infrastructure. This linear, vertical and horizontal scalability allows optimum efficiency for on-premise deployment as well.
Highly Scable Performance
Demonstrated ability to elastically scale up and down based on demand, ensuring banks only pay for the resources they use and benefit from up to 10x lower infrastructure costs.
Temenos regularly undertakes a variety of benchmarks, The most prominent is the high water benchmark (HWBM) to ensure the software leverages the latest technologies such a cloud-native autoscaling features. Others include performing benchmarks in payments on Microsoft azure and Google GCP on the cloud.
Auto-scaling allows banks to only pay for the active workload rather than always paying for the maximum potential workload through dynamic deployment of containers.
Achieved with Temenos’ cloud-native Temenos Transact, Temenos Infinity, Data Event Streaming and microservices architecture.
Temenos architecture leverages cloud-native technologies such as AWS Lambda functions, Amazon DynamoDB and Amazon Kinesis data streams.
For this edition, I was grateful to interview Jaqueline White, recently appointed, President – Temenos Americas. She is about 6 weeks into her VERY busy role but she still managed to gift me (I call it a gift because time is precious) some time to conduct this interview.
Temenos and Canadian Western Bank Break the Boundaries of SME Banking with an Explainable AI Digital Banking Solution
Temenos Virtual COO offers open banking-driven data aggregation with real-time insights for SME owners to take control of their business growth, ultimately enabling smarter funding
Big Tech firms (like Google, Amazon, Facebook and Apple) are eying up the payments space enthusiastically. Anyone who attended Sibos last year would have seen the signs that Big Tech is rapidly moving into the places that E-money Institutions (EMIs) presumed was their fundamental niche. This position will get more competitive! These firms are likely to have a big impact on payments. They have put their brands foremost and are using payments to boost on-platform engagement and commerce, reinforcing their importance in consumers’ lives.