Temenos - T24, Core Banking System
Service Type:Systems Integration
Business Need:Accounting, Tax Management, Financial Analytics and Reporting, Compliance
Works With:SQL Server 2008 Enterprise Edition, SQL Server 2008 R2, SQL Server 2008 Standard Edition, Windows Server 2008 Enterprise, Windows Server 2008 R2
Industry Focus:Financial Services
We partner with Temenos to provide banks with a single, real-time view of the client across the enterprise, enabling them to maximize returns while streamlining costs. We provide 24x7 functionality to the Retail, Corporate and Correspondent, Universal, Private Wealth Management, Islamic, Microfinance and Community banking sectors. Temenos core banking system provides clients with technologically-advanced and flexible software, empowers them to grow their business whilst reducing costs and controlling risk.
1. Temenos T24 enables growth through:
Fast product and service time to market
Cross-selling through single customer view
Customer retention through better customer service
Clear management information, directing resources to maximize profit
Multiple and modern distribution channels
Broad and modular functional coverage enabling rapid expansion
2. Temenos T24 controls costs through:
Efficient straight-through processing
Open systems allowing cost-effective platform choices
Local flexibility ensuring low cost modifications
Reduced infrastructure through a single, integrated system
3. Temenos T24 protects investment through:
Proven implementation and migration methodology with over 600 sites worldwide
Continuous product development policy
Over ten years of financial growth
Open technology standards and state-of-the art architecture
By using Microsoft as a platform, we do some benchmark test using Microsoft SQL Server 2008 R2, Microsoft Windows Server 2008 R2, and Temenos T24 on Intel Xeon 7500 Series processors.
The system achieved 5,203 transactions per second and processed 25 million Close of Business accounts within 2 hours. In an online business scenario with a full transaction mix, the system achieved an impressive 3,437 transactions per second.
These performance figures, together with the massive scalability of Microsoft SQL Server 2008 R2, make the combination of T24 and Microsoft technologies an increasingly compelling proposition for even the largest banks across the globe.
Temenos - T24, Core Banking System has not been reviewed by any customers.
The views and opinions submitted and expressed here are not those of Microsoft.