Product Profile

Temenos T24

First Release Date:
Current Version: Ver. 13, the first release was in 2001
Language Support:
United Kingdom
Technology Category: Banking Core Banking

Screenshots

Product/Service Description

Temenos T24 is an integrated core banking solution that is often referred to as “all in one” technology resource. T24 equips financial institutions with all the necessary tools for managing the entire workflow of banking operations from both back and front end in addition to client relationship management. T24 has established strong reputation in financial services market over the past 14 years. 

Customer Overview

Total Number of customers undisclosed
Customer Size Large Enterprise
Customer Type Central Banks , Commercial Banks , Investment Banks
Target Market Global
Specific georgaphical coverage United Kingdom of Great Britain and Northern Ireland
Consumption-based pricing model when deployed through cloud - based delivery model,

Features

  • Availability of T24 Biometrics identification and multi-factor authentication component for meeting regulatory norms and controlling risks internally/externally.
  • An integrated front to back office add-on solution for the management of Margin Loans.
  • Repos and Securities Lending component equipped with STP functionality for smooth processing and handling of trading volumes and risks associated with lending.
  • Trade finance - supporting complex trade finance structures

Benefits

  • A complete service-oriented architecture.
  • An integrated front-to-back office, CRM and product lifecycle management software platform
  • full rapid, cost-efficient and precise lifecycle management of lending process
  • Delinquency management - monitors, ages and manages your customer repayment obligations

Platform & Workflow

Server OS Windows Server 2008 (Microsoft)
Workstation OS Windows
Programming Language and API Java
SetUp and Installation Options undisclosed
Deployment Period Within months
Reporting Capabilities Periodic and ad-hoc reports coming with a set of preconfigured existing report templates. Report customization based on strategy and customer type. The built – in report suite includes the following report pages: Client Summary, Market Commentary, Perform
Security Options Enhanced data encryption. User profile analysis and inspection. Booking entry verification. Management of validation rules for transactions.
The product/service compliant with the following regulatory standards BASEL III , FATCA , MIFID

Connectivity, Hosting and Intergration

Hosting Option Inhouse , Hosted by provider
Hosting provider Microsoft Windows Azure
Devices Supported undisclosed
Compatibility with Database Management System (DBMS) IBM DB2, Oracle, jBASE
Third party integration undisclosed

Support Services

Support Option Video Tutorials , Knowledge Base
24/7 real time support

Branches

Support Location 1
Country USA
Address 100 Lindenwood Drive, Malvern, Philadelphia
Phone 1 610 232 2800
Email undisclosed
Website undisclosed

Alternatives

Media Coverage (Quick Links)