Temenos -- Microsoft Global Banking Partner -- Wins Award
TEMENOS, a provider of integrated core banking systems that offer front to back integration on a Microsoft platform, has won the Financial-i ‘Leaders in Innovation Awards’ for TEMENOS T24, the company’s modular core banking system. The criteria for selecting the winners were: product innovation over the last 12 to 18 months; cost effectiveness of solutions in terms of implementation and deployment; potential business benefits; ease of implementation and the ability to tackle specific business issues or problems. TEMENOS T24 offers a single client view across the enterprise and can support large numbers of users with true non-stop resilience. Its fully-integrated architecture enables it to offer a significant cost advantage compared to other competing products. The company, which competes with i-Flex, scrambled to make its system available with Microsoft SQL Server after Oracle acquired a significant share of i-Flex. TEMENOS now offers its fully integrated banking system on an entirely Microsoft platform.