Temenos Transact

(4.6/5)
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Overview
Temenos Transact is a cloud-based financial software designed for banks of various sizes and business models. It provides a wide range of functionality including budgeting, forecasting, risk management, liquidity monitoring and analysis as well as cash & treasury effectively working on the basis osf your bank's present processes and systems.
Pros
  • Effective and Reliable
  • Secure and Easy to Use
  • User friendly
  • Inclusive Banking
  • Bulk Salary Posting
Cons
  • Expensive
  • Rapidly Changing UI
  • Slow processing of bulk transactions
  • Problem with Database
Verdict
Temenos Transact has enabled ICbs migration and T24 linking to the banking mobile app. The software has assisted in reduction of operating cost. The financial institution has become efficient and reliable.

Comments

By Joe Stern
Joe Stern

March 10, 2022

I really like the reports and analytics prepared by Temenos Transact, which contains almost all the details relating to my banking experience. I can analyze the data with a blink of the eye as it is accessible 24/7.

By Bill Walker
Bill Walker

January 27, 2022

The Temenos Transact is absolutely the best core banking software in the financial industry. Multiple top banks and financial institutions are using temenos due to its reliability as it provides all financial solutions on one platform. I am loving Temenos Transact so far!

By Dominic Sibley
Dominic Sibley

October 05, 2021

Temenos Transact’s customization is very complex and cumbersome, and sometimes very cost ineffective as well. The banking and finance software provides a secure gateway for financial transaction though.

By Veronica Swass
Veronica Swass

September 10, 2021

I like the fact that it is compatible in working to both small and large financial institutions.

By Ava Mitchel
Ava Mitchel

September 01 2021

Somethink in T24, it takes a lot of time such as close of business day, select, and enquiries.