Temenos Data Lake is a next-generation modern data hub and management product built to accelerate the digital banking and AI needs of global banks. As a foundational platform for Temenos Analytics, and an embedded capability in all Temenos banking products, Temenos Data Lake helps banks unlock real-time data and analytically driven and future-proof their capabilities in the rapidly changing landscape of data, analytics and AI.
Data Event Streaming
Unlock real-time data by providing highly scalable data streaming and data extraction from Temenos banking products such as T24 Transact. Integrated with event streaming platforms such as Apache Kafka, Amazon Kinesis, and others allows seamless incorporation into a bank’s enterprise architecture.
Big Data Engineering
Perform highly scalable data ingestion and ETL operations including real-time machine learning. Unlimited scalability with zero requirement for specialized coding or distributed computing and storage platform. Achieve high-performance connectivity through native APIs to source and target systems.
Operational Data Store
Highly optimized, cleansed and prepared data available on a multitude of cloud and database platforms. Drive faster system performance with optimized enquiry performance. Enable numerous analytics and reporting use cases with fully documented and open data. Accelerate embedded analytics with time-based data enabling trend analysis and future predictions.
Temenos Data Lake gets banks to ‘AI-ready’ status by providing the modern data architecture and integration tools that enable real-time data quality and governance, and also allow high volumes of data to be consumed by AI and machine learning-based applications. Pre-built data models accelerate innovation as a basis for AI research and development by data science teams.
Rapid Application Development
Access an intuitive, extensive library of prebuilt data engineering components built upon the leading Apache Spark platform. Fully integrated with Temenos APIs and the Temenos Developer Portal allowing for the creation of intelligence banking applications that blend the best operational and analytical APIs.
Cloud & Platform Agnostic
Architect for optimal utilization with multiple cloud and database options. Increase scale and performance whilst decreasing platform costs by up to 90%. As part of the Temenos Analytics product, Temenos Data Lake is an embedded solution into cloud-native, cloud-agnostic Temenos Infinity and Temenos T24 Transact.
Integrate, clean and transform all data in a single source of truth with complete data lineage. Get access to real-time data from Temenos products in Big Data Architecture.
Leveraging technology to reshape Australia’s financial advisory sector in the wake of the Royal Commission
In Australia’s shift to a fairer, customer-friendly ecosystem, the government and finance professionals must endeavor rebuild trust and maintain integrity while making technology the backbone of the industry.
The Philippines has a very forward looking government, keen to see an increase in the net wealth of a large, young and tech savvy population. A growing middle class with increasing levels of disposable income and a financial industry battling regulatory complexity, thin margins and with limited funds to allocate to new initiatives. This scenario must surely be piquing interest levels amongst the regions many fin-tech providers therefore the domestic banks will need to act fast and decisively if they wish to fend off competition and place themselves at the forefront of this emerging opportunity.
Open banking which is based on data sharing, is an unlikely short-lived trend and is gaining momentum in Asia Pacific. In this white paper, a joint venture by Microsoft, Linklaters and Accenture, explores the various drivers behind open banking in Asia Pacific, as well as the challenges financial institutions and regulators will have to address to ensure all participants can reap the benefits.
New Competitive Threats Pressure Banks in North America to Respond to Changing Customer Demands, Reveals Study by the Economist Intelligence Unit Released by Temenos
North American bankers sense danger more than most from new entrants to their market, according to a global retail banking survey released by Temenos (SIX: TEMN), the banking software company. The Economist Intelligence Unit (EIU) report, A Whole New World: How technology is driving the evolution of intelligent banking in North America, conducted on behalf of Temenos, reveals changing customer behavior and demands as one of the biggest trends that will impact retail banking in North America.
CWB Financial Group partners with Temenos to deliver personalized, world-class digital experience for business owners
CWB Financial Group (TSX:CWB) takes another step forward as a disruptive force in Canadian financial services today with the selection of Temenos (SIX:TEMN), the leader in banking software, to deliver a seamless end-to-end digital banking experience for small- to medium-sized business owners. CWB will be the first bank in Canada to offer a differentiated digital banking experience powered by Temenos Data Lake with Explainable AI (XAI) capabilities. The combination of Temenos Data Lake and industry-leading, cloud-native, cloud-agnostic Temenos Infinity, also selected by CWB, will give the bank’s core business-owner clients an intuitive world-class digital experience. CWB’s clients will also benefit from valuable, transparent and fully-informed insights into their financial activities gleaned from AI automated decisions.