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Description

Temenos Transact is a comprehensive, cloud-based and on-premise core banking system designed for corporate, retail, and private banks, as well as credit unions. It empowers financial institutions to rapidly launch innovative financial products...

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Use Cases

Key Features

  • Online Banking
  • Core Banking
  • Compliance Tracking
  • Transaction Monitoring
  • Multi-Branch
  • Lending Management

Made For

Industries

  • Banking
  • Financial Services
  • Credit Unions
  • Investment Banking

Customer Segments

  • Small Businesses
  • Mid-size Businesses
  • Large Enterprises

Supported Platforms

  • Web
  • Mobile

Pros

  • Microservices architecture enables agility and scalability
  • Embedded analytics provide actionable insights for improved decision-making
  • Extensive API integrations facilitate seamless connectivity with fintech solutions
  • Supports both cloud and on-premise deployment options for flexibility

Cons

  • Implementation can be complex and time-consuming
  • Potential vendor lock-in due to the comprehensive nature of the platform
Company Name
Temenos
Year Founded
1993
HQ Location
Geneva, Switzerland
LinkedIn
10000+ employees
@temenos
20K+ followers

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Frequently Asked Questions