Temenos Transact
Core Banking Software
Combining cutting edge banking technology with flexible and extensive business support
Why Temenos Transact Core Banking
Temenos Transact is the most successful and widely used digital core-banking solution in the world. Using cloud native and agnostic technology, Temenos Transact provides the most extensive and richest set of banking functionality across retail, corporate, treasury, wealth and payments with over 1000 banks in 150+ countries relying on it to provide market leading and innovative products and services to their customers.

Leveraging Modern & Disruptive Technologies
Temenos Transact exploits new technologies to facilitate ease of use and ubiquity of access of everyday products and services for the end customer and enabling banks to meet their customers ever increasing expectations and demands.

Expanding Customer Segments
Customers have become more discerning and less loyal; they shop around for better deals from multiple providers. Temenos Transact enables banks to introduce new products using capabilities drawn from all sectors and hence continue to produce services and offers which are relevant, attractive and innovative, hence increasing customer loyalty and making it easier to acquire new customers.

Regulation & Market Practice
Regulation is no longer just about reporting and compliance. It is causing banking operating models to fundamentally change. Temenos Transact enables our clients to enjoy the certainty that regulatory compliance and key market standard changes will be applied to their Temenos solutions on time.

Competition
New entrants entering banking in the past few years share certain characteristics – they are all consumer-oriented technology-driven companies that are leveraging disruptive technologies to develop compelling propositions for their customers. Temenos Transact provides and leverages these technologies to enable incumbent banks to transform to more agile digital banking providers while also offering compelling solutions for challenger and neo banks

Continual Release Deployment
The solution has regular monthly releases of new functionality which ensure that banks can access new capabilities as soon as they are available. This expanding functionality is delivered as component level upgrades, and can be installed online with no system downtime, ensuring that customer services and operations are unaffected.

Challenging Market Conditions
Prolonged recessionary conditions have continued for many years over the last decade putting pressure on margins. ROEs have still not recovered since the pre- 2008 crisis levels of >20%. Cost models of new entrants are an order of magnitude different from the incumbent banks – cost income ratios of 30% vs 50s for most European banks. Temenos Transact’s modern digital banking architecture provides ample opportunity for end-to-end automation and provision of compelling customer products & services at a more efficient cost point.
Temenos Events On-Demand
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Measurable Success
Product Overview
Integrated Corporate Banking core system with unparalleled functional depth and capability

T24 is now Temenos Transact
Temenos Transact – Cloud-native, cloud-agnostic, API first and AI-Enabled
Customer Success Stories
ABN AMRO – Success Story
Temenos has supported ABN AMRO every step of the way providing solutions for international corporate banking, private banking, and global international payments.
ACCU – Success Story
Asian Confederation of Credit Unions (ACCU) provides technology services to over 26,000 finance companies. Today, it focuses on helping members to roll out digital packages that make it simple, quick…
ACLEDA – Success Story
Following a strategic shift, ACLEDA entered the banking market, and implemented Temenos Transact to underpin the transformation.

You’re in Good Company
Related Insights
Large Bank Transformation
Learn about Temenos’ view on the future of banking transformation in the context of using flexible distribution mechanisms to connect manufacturing and client engagement capabilities.
Temenos Transact – New Capabilities in Corporate Banking
Digitization requires flexible and personalized product manufacturing capabilities across all banking sectors. In this session we will explore how the new corporate facility management and lending capabilities enable banks to quickly create and modify flexible credit solutions for corporations.
Temenos Transact – New Technology Driving New Possibilities in Product Capabilities and Personalization
Digitization requires flexible and personalized product manufacturing capabilities across all banking sectors. In this session, we will showcase the new Enterprise Product and Pricing Hub, and will show how the retail credit facility capabilities of Temenos Transact enable banks to create new, personalized and flexible products for the retail banking sector.
Supporting Products
Latest News
Bank of Khyber Transforms to Temenos Core and Digital Banking Platform
Temenos technology supports Bank of Khyber’s strategic objectives to increase market share and drive sustainable growth by optimizing its banking operations and reducing operational costs
Temenos wins Komerční banka contract – Finextra
After a rigorous selection process, the bank selected Temenos’ next-generation core banking platform for its modernization journey in the area of account management.
Komercni Banka – Part of the Société Générale Group – Selects Temenos to Reinforce its Leadership in Digital Banking in Czech Republic
Komerční banka, one of the largest banks in Czech Republic, selects Temenos Transact to digitally transform banking for its 1.6 million customers and future-proof business growth
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