Temenos Core Erfahrungen

Best in Class solutions for Core Banking Experience

Kommentare: My experience has been exceptional.

Vorteile:

Easely maintainable, strong API base, great architecture and friction-less integratability.

Nachteile:

The data structure is proprietary and xml-based, it can be daunting to build skill on.

My Review on Temenos Core

Vorteile:

Handling finances accounts with Temenos Core is outstanding. The tool has a number of menu options that helps in management of accounts from opening to closure. Integrates well with the CRM for notifications and supports online transactions.

Nachteile:

Its a complex solution although its reliable.

transact review

Kommentare: I am satified user of temenos product for almost 20 years

Vorteile:

overall functional capabilities, product improvements

Nachteile:

temenos customer suport, quality of fixes/patches

Flexible product when implemented right !

Kommentare: Overall, Transact (which I know since it was called Globus and t24) is a mature product and most of the functionality is stable. I know banks which have been running the product for > 25 years and who benefit from periodical upgrades.
Implementing the product is a great experience if it is a greenfield project and if the implementation team is selectively hand picked.

Vorteile:

- The wide range of financial products and services supported - The ease of integration with other products (market data, order management platforms etc) - The ease of bank specific customisation / localisation

Nachteile:

- Some business support functions have not evolved to well in line with market changes; e.g. Swift MX/ISO20022 is very late. - The

The Best CORE Banking

Kommentare: Helpful system with powerful feature that enable user to the business need.

Vorteile:

It is customizable base on need and Manageable. The features got new R&D update base on latest trend technology.

Nachteile:

Pricing is very expensive compare to investment budget.

Temenos Transact: Empowering Banking Solutions

Kommentare: Temenos Transact is more than just banking software—it's a strategic asset that empowers financial institutions to thrive in a digital-first world. Its adaptability, comprehensive functionality, customer-centric approach, security features, and commitment to innovation make it the go-to solution for banks looking to future-proof their operations. I wholeheartedly recommend Temenos Transact to any institution seeking to elevate its banking capabilities and drive sustainable growth.

Vorteile:

One of the most striking aspects of Temenos Transact is its adaptability. Whether you're a small community bank or a global financial giant, the platform seamlessly scales to meet your needs. Its modular architecture allows for customization, ensuring that each institution can tailor the software to align perfectly with its unique requirements.

Nachteile:

One requires a good knowledge of Temenos Transact to the best out of it.

Temenos Transact is 'the best among co-equals'

Kommentare: Its a very Good Product. No doubt about it.

Vorteile:

The system offers tools for managing customer accounts, providing a 360-degree view of customer relationships, and enabling personalized services, enhancing customer satisfaction.

Nachteile:

Support is sometimes slow to respond to issues in a timely manner

Temenos Transact Review

Kommentare: Temenos Transact provides APIs flexibility for other applications to connect to and transact as well as customization with local development to suite business customers dynamic needs.

Vorteile:

APIs connectivity flexibility and local customization development available for customer needs

Nachteile:

One will need to have a more resourceful hardware resources to continually be happy with Temenos Transact services and applications

Temenos R22 Review

Vorteile:

1. Overall the product is robust and scalable and can handle large volumes of concurrent transactions.2. Continues improvement on the platform

Nachteile:

(1) In today's data world, Temenos Transact is a bit behind on this and I see many clients struggling to extract basic day-to-day reports.(2) The latest version R22 comes with AA to AC conversion and there is no clear direction and it is confusing for the financial sectors whether to apply this or not. Even though Temenos recommends actually the implementors and Temenos experts don't advise this. (3) Even though the latest version R22 comes with microservice architecture, still financial sectors don't have the confidence to go to this platform. And the knowledge gap is huge.

Core Banking You Didn't Know You NEED!

Vorteile:

how versatile Payments Hub is, when it come to Swift, ACH & SEPA payments.

Nachteile:

Currently we use R20 with the browser interface which looks outdate.

A flexible core banking platform

Vorteile:

The ability to customise platform behaviour to meet specific business needs

Nachteile:

Over-customisation can make upgrades challenging

Temenos transact the best core banking software you have to consider.

Kommentare: We were on a lower release with a lot of local development and had a lot of issues and temenos transact came to resolve most of the issues.

Vorteile:

The temenos transact is compatible with most relational database and it now cloud base (SAAS)

Nachteile:

The subscription cost module which makes the modules sometimes expensive.

Temenos Transact

Vorteile:

The shift Temenos is making to simplify user experience

Nachteile:

The upgrade process should be simple and user friendly

Transact as a critical asset

Kommentare: Problem resolution took too much time.

Vorteile:

Program is easy to develop. All modules are integrated. Easy to interface with other systems.

Nachteile:

Without have analytics module it is very difficult to prepare own report.Not using RDBMS is creating database management issues.

Temenos T24 User : Appears to be a strong option but is not adaptable , and support is weak

Vorteile:

The interface is basic but easy to use. Layout is well organised and accessible. The corresponding customer User app is also clean and easy to use.

Nachteile:

The program has been ill suited to the retail banking features we required. Some reports have been inaccurate, Development has not been seamless and adapting the software to our needs has been problematic. Support does not appear to understand the requirements demanded.

Review on Temenos Transact

Kommentare: Temenos Transact appears to be a comprehensive and flexible banking software platform with robust functionality and security capabilities. Some potential areas for improvement include its complexity, cost, integration challenges, and support services. Overall, Temenos Transact appears to be a strong choice for financial institutions looking for a comprehensive and scalable banking software solution.

Vorteile:

Comprehensive functionality: Temenos Transact offers a wide range of modules and applications designed to support various banking operations, including core banking, lending, payments, and risk management.Flexibility and customization: The platform is highly flexible and can be customized to meet the specific needs of financial institutions of all sizes and complexities.Scalability: Temenos Transact is designed to support financial institutions of all sizes, from small community banks to large multinational institutions, and can scale to meet the evolving needs of its customers.Security and compliance: Temenos Transact has robust security and compliance capabilities to help financial institutions stay compliant with industry regulations and protect their customers' data and assets.Digital innovation: Temenos Transact is at the forefront of digital innovation in banking, with a range of features and capabilities designed to support a seamless and user-friendly digital banking experience for customers.

Nachteile:

The platform can be complex and challenging to set up and configure, requiring a significant amount of time and resources.

Temenos Review from Dedebt Microfinance

Kommentare: Microfinance loan and saving products are solved by the system.

Vorteile:

As microfinance institution the group lending management is very effective for our purpose beyond the bank overall activities.

Nachteile:

Expensive specially for microfinance institutions.

Review

Vorteile:

it's very difficult to migrate.more than 2 Years we still have a lot of issues, the T24 not stable yet.

Nachteile:

it's very difficult to migrate.more than 2 Years we still have a lot of issues, the T24 not stable yet.

Temenos Transact - A complete solution for your Banking Needs

Kommentare: Great

Vorteile:

Its a solution which fulfills all your banking needs by having a strong core solution and ability to interact with muliple soltuion to provide flexibility.

Nachteile:

The graphical interface of Temenos is too basic and reporting element of Temenos Transact is not much appealing and they can work on that

Best product

Vorteile:

Open platform ,easy to do local customization

Nachteile:

Need train staff, more course to learn on TCF

Temenos T24 - All that Banking Needs

Vorteile:

Temenos T24 is an excellent banking solution that comes with a lot of important built-in features that core banking operations require. It comes with its own development framework which is one of the key factors looked upon by banks acquiring core banking solutions, as it cuts down any vendor based customization cost, which can be catered in-house. Also the support available by Temenos round the clock gives immense confidence on this product.

Nachteile:

Some of the extensions of T24 launched in the marked do not have support available widely round the globe, like the Internet Banking Channel. This sometimes create a hurdle to incorporate rapidly changing requirements in the world of online banking.

Temenos T24

Kommentare: It's been 4 years that I am using this software and I have found it really useful in many aspects. It has made the banking solutions much easier. For example, AA module which is a component based Architecture enabled us to handle multiple products like Lending, Securities and Retail.

Vorteile:

The most useful feature of this product is that it provides a very secure, reliable and convenient experience in terms of all financial transactions. Without any doubt, Temenos is the world's best banking software. It is easy to learn. Although, integration with old legacy systems is quite difficult but not impossible.

Nachteile:

System should be extra intelligent for detecting errors while compilation of routines. Sometimes it gets tricky to find a simple error that system should has to trace itself. Deployment is bit difficult with old banking systems.

Leading Core Banking System

Kommentare: Temenos T24 is a leading core banking system worldwide and has been adopted by the majority of banks. It combines a wide range of features which helps financial institutions to manage their operations in a most secure way . T24's flexibility enables banks to launch new products quickly and efficiently. With the help of T-24 Banks can enhance their acceptability all over the world and in their country as well because most the countries central banks are requiring banking industry to adopt Temenos T-24.

Vorteile:

Temenos T24 is very effective and reliable core banking system. I am using T24 from last 3 years and i found It very easy to use and super fast system which covers wide range of retail and corporate banking features. The banks can keeps cutomer data in a very secure way and quickly access it whenever requires. We can maintain KYC's (Know Your Customer) of customers very easily and as per the requirements of central bank. The reports can be easily accessable 24/7 with a blink of eye and this feature is very helpful for banks to analyse the data. The cloud acceptabiliy is also another good feature of Temenos T-24. I have use muliple banking software in different banks but i found Temenos T-24 best amongst all of them due to its reliability and control over the transactions.

Nachteile:

The cost of implementation of Temenos T-24 is very high so because of this small and medium size financial institution finds difficult to switch. The Temenos runs via network so when main servers will down all the network collapse.

Best Core Banking Software

Kommentare: The Temenos T-24 Transact is absoultely the best core banking software in the financial industry. Many of the world
top banks and financial institutions are using temenos due to its reliability as it provides all financial
solutions at one platform.

Vorteile:

Temenos T-24 Transact has all the necessary tools which requires to manage front and back end of banking operations. I am using R-13 version of this software from last 8 years and effeciently managing the branch banking operations. While using Temenos i can provide quick and best services to my customers such as Cash Deposit & Withdrawl Transactions, Bulk Salary Posting, Issuance of Financial Instruments, Locker Operations & Account Opening. The Temenos provides realtime analytics and reports which allows the user to make decision fast. Financial Institutions can stores customer information in a very secure way and quickly access it whenever requires. The cloud acceptibility is also the one of the top features of Temenos which gives it edge over other products.

Nachteile:

The Temenos T-24 Transact should have offline mode as when the network is slow it takes time to post transactions. The Cost of implementation of Temenos is too expensive for small and medium size financial institutions.

The best Core Banking Software out there.

Kommentare: I have used it as an end user, as a support, admin, as well as customized it to an extent. It is flexible and feature-rich core banking software. No wonder why its chosen by most of the leading banks around the globe.

Vorteile:

Easy to use Rich functionalities Secure Robust Great Support Tailored to country model banks

Nachteile:

A bit expensive but considering the range of functionalities that it provides, it is understandable.