Temenos Transact Product Overview

Temenos-transact is the most successful and widely used digital core-banking solution globally. Temenos Core Banking software streamlines and enhances banking operations.

Product Business Settings

Temenos Transact is popular in Banking, Financial Services, and Accounting industries and is widely used by Enterprise, Small Business.

How satisfied the customers are with Temenos Transact use-cases

Reviews

"...Good user interaction, easy administration and flexible licensing methods...." Peer review by Alexandru B., CISO, Banking

Temenos Transact Customer Insights, Testimonials and Case Studies

 

BEA International Bank deploys Temenos core platform

BEA International Bank, a subsidiary of Banque Extrieure dAlgrie, has implemented Temenos Core Banking and Financial Crime Mitigation software as a service in France. This cloud-based deployment, sup...ported by LTIMindtree, aims to enhance BEA's banking services and support its growth in the French market. The project utilized Temenos Country Model Bank accelerators for compliance and rapid deployment.

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BEA International Bank goes live with Temenos SaaS in Europe

BEA International Bank has launched its operations in France using Temenos SaaS for core banking and financial crime mitigation. The deployment, part of BEA's European expansion, includes Temenos Cor...e and FCM, offering scalability and regulatory compliance. This collaboration with LTIMindtree highlights Temenos' role in supporting banks with cloud-native solutions.

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Peru's Mibanco Selects Temenos SaaS for Core Banking Modernization

Mibanco, Peru's leading microfinance bank, has chosen Temenos SaaS for core banking modernization. The adoption of Temenos Core and Data Hub aims to enhance customer experience, operational efficienc...y, and accelerate time to market. Running on Microsoft Azure, this move supports Mibanco's goal to expand financial access for SMEs in Peru, leveraging Temenos' scalable and agile solutions.

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Bank NXT - Banking

Temenos Payments helped Bank NXT modernize its banking technology. The bank faced slow product launches and heavy manual work. With Temenos, Bank NXT unified payment channels and improved speed and f...lexibility. They achieved 80% faster time to market, a 120% increase in transaction volumes, and a 90% reduction in manual intervention. The bank also reached a 75% straight-through processing rate.

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Bank Albilad - Banking

Temenos core banking and digital banking helped Bank Albilad launch its retail business in just six months. The bank can now launch new products in three days and onboard new subsidiaries in a day. 7...1% of retail customers now join through digital channels. End-of-business activities dropped from up to six hours to just one hour. Temenos enabled rapid digital transformation and innovation for Islamic banking in Saudi Arabia.

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FundBank - Banking - Medium

Temenos SaaS helped FundBank build a fully digital, global bank for the asset management industry. FundBank used Temenos Core, Digital, Payments Hub, Data Hub, and Financial Crime Mitigation on Azure... public cloud. The platform enabled fast, paperless onboarding and multi-jurisdictional operations in the U.S., Luxembourg, and Cayman Islands. FundBank expects automation and straight-through processing to let them serve more customers per employee. The digital model aims to boost efficiency, growth, and customer experience.

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lightning

Peers used Temenos Transact for engagement management and lead qualification: technographic

Temenos Transact Features

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  • High
FEATURE RATINGS AND REVIEWS
AI Powered

3.75/5 ★

Read Reviews (8)
Custom Reports

4.61/5 ★

Read Reviews (33)
Analytics

4.35/5 ★

Read Reviews (20)
CAPABILITIES RATINGS AND REVIEWS
AI Powered

3.75/5 ★

Read Reviews (8)
Custom Reports

4.61/5 ★

Read Reviews (33)
Analytics

4.35/5 ★

Read Reviews (20)

Software Failure Risk Guidance

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for Temenos Transact

Overall Risk Meter

Low Medium High

Top Failure Risks for Temenos Transact

Temenos AG News

Product
 

Temenos gains certified software status for core banking on Azure

Temenos has achieved certified software status for its core banking SaaS on Microsoft Azure, under the Microsoft AI Cloud Partner Programme. This designation validates Temenos' platform against Microsoft's standards, enhancing its market access through co-sell opportunities and listing on Microsoft Marketplace. The certification supports Temenos' strategy to modernize core banking systems, offering banks a secure, scalable, and agile solution within the Azure ecosystem.

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Partnership
 

Temenos gains Microsoft AI Cloud core banking status

Temenos has achieved a Solutions Partner with certified software designation for its Core Banking SaaS offering under the Microsoft AI Cloud Partner Program. This certification highlights Temenos' commitment to delivering cloud-native core banking solutions that meet Microsoft's standards for interoperability, security, and performance. The designation enhances Temenos' commercial activities with Microsoft, facilitating co-sell opportunities and marketplace listings, which can streamline procurement processes for banks.

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Awards
 

Temenos Earns the Solutions Partner with Certified Software Designation for Core Banking SaaS ...

Temenos has achieved the Solutions Partner status with a Certified Software Designation for its Core Banking SaaS, highlighting its expertise and leadership in the banking software industry.

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Product
 

Temenos sets new benchmark for scalability of AI-powered banking with Microsoft

Temenos, in collaboration with Microsoft, announced a new benchmark for its cloud-native banking solutions on Microsoft Azure. The test demonstrated the ability to process 16,600 transactions per second for a simulated bank with 25 million customers, highlighting over 40% efficiency improvement. This showcases the scalability and efficiency of Temenos' AI-powered banking solutions, supporting banks in meeting growing AI demands.

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Temenos AG Profile

Company Name

Temenos AG

Company Website

https://www.temenos.com/

HQ Location

5th Floor, 71 Fenchurch Street, London, EC3M 4TD, GB

Employees

5001-10000

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Financials

IPO