Temenos Transact
Core Banking Software
(T24 is now Temenos Transact)

Temenos Transact is an integrated core banking system whose functionality is delivered using a number of independent Microservices. These allow banks to undertake progressive migration programs, delivering early business benefits by using standalone business capabilities which are delivered as Microservices but which also form part of an integrated solution. This architecture also allows banks to change the order of solution roll out as business priorities evolve.

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Temenos Transact architecture enables banks to carry out progressive upgrades of the system at a Microservice level. This means that they can introduce new functionality quickly and on an ongoing basis, assisted by the Temenos Continuous Deployment service.

Build, design and rapidly bring to market new products using a centralized product design tool, allowing you to gain valuable time and market share when new opportunities arise. Embedded analytics help product managers plan and deploy new products which are attractive to customers and profitable for the bank.

Temenos Transact is a customer-centric system built around a single customer view that covers all product lines and channels, enhancing the ability of the bank to understand its customers’ needs and serve them. Embedded analytics provide customer insight and predictive sales and service assistance.

The system supports accounts and deposits varying from simple offerings to more sophisticated corporate DDAs with more complex features.

Temenos provides over 700 published open APIs covering all areas of the banking business. These are freely accessible from the financial and technology ecosystem to enable innovation and extend Temenos systems functionality.

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Enterprise credit facilities can be set up and monitored which cover a bank’s entire exposure to a corporate, including positions held in other systems