Temenos Rolls Out Comprehensive Banking Toolkit for Same-Day Product Launch

Monetary software program firm Temenos has introduced the launch of its complete Enterprise Providers on the Temenos Banking Cloud, aimed toward retail, enterprise, and company banking.

This new service guarantees speedy deployment capabilities, permitting banks to arrange software program options inside 24 hours whereas considerably reducing down on modernisation prices.

The newly unveiled Temenos Enterprise Providers characteristic over 120 pre-packaged banking merchandise, predefined buyer journeys, and greater than 700 pre-configured APIs.

This service is designed to supply banks with a full-fledged system for launching new enterprise strains or updating present techniques effectively.

One of many key choices of the service is the power for banks to provoke a Minimal Viable Product (MVP) and set up a construct and check surroundings in only a day.

Temenos highlights that its established tooling, standardised methodologies, and skilled service groups may also help banks obtain an MVP inside a couple of months of beginning a challenge.

For bigger banks, Temenos affords the pliability to introduce new merchandise or enterprise strains in numerous banking sectors. This method consists of the potential for migrating present buyer bases to the brand new platform progressively.

Delivered as a Software program-as-a-Service (SaaS), the Temenos Enterprise Providers guarantee steady updates, superior safety controls, and high-performance Service Stage Agreements. These cloud-native, scalable providers are introduced as an environment friendly different to conventional on-premise installations.

Moreover, the service offers fast entry to the Temenos Trade ecosystem, which incorporates over 115 complementary options.

The in depth API library goals to simplify advanced integrations with numerous techniques, and the Temenos Extensibility Framework permits banks to broaden their capabilities whereas sustaining efficiency and safety.

An necessary facet of selecting the Temenos Banking Cloud is the numerous discount in carbon footprint – as much as 95% decrease than on-premise options.

Temenos will launch end-to-end providers for all different segments of the market that it’s working on this yr.

Prema Varadhan

Prema Varadhan, President Product and Chief Working Officer, Temenos stated,

“With our end-to-end Temenos Enterprise Providers on Temenos Banking Cloud, banks of all sizes can have a ready-to-go system in 24 hours with pre-configured banking merchandise, activate new options and profit from quicker time to worth.

 

This can be a game-changing method, which may considerably cut back the price of working core banking software program to as little as 10% when in comparison with the prices of working legacy on premise software program.”