T24 News

Temenos (SIX: TEMN), a leading provider of mission critical solutions to the financial services industry, today announced that Temenos T24 (JAVA) release 13 has achieved Oracle Exadata Optimized and Oracle Exalogic Optimized status through Oracle PartnerNetwork (OPN). Additionally, T24 (JAVA) release 13 has been tested on and supports Oracle Solaris 11 and Oracle Linux.

Temenos (SIX: TEMN), the market-leading provider of banking software, today announces that four banks in the Philippines have signed up for Temenos T24, its award-winning core banking system. Temenos will provide new core banking systems to EastWest Bank, GM Bank, Optimum Bank and another leading commercial bank, to support the growth strategies and expansion of each institution.

SOFGEN Holdings Limited (SOFGEN) and AMRET Microfinance Cambodia (AMRET) are pleased to announce the successful "Go-live" of the latter's T24 MCB (Microfinance and Community Banking) application, implemented by SOFGEN, a worldwide provider of IT solutions for banks.

Temenos (SIX: TEMN), the market leading provider of mission critical solutions to the financial services industry, today announces that Banque Raiffeisen, Luxembourg, has gone live on T24, its award-winning core banking system, as part of the bank's transformation programme to move away from legacy mainframe-based applications to a modern, scalable system. Banque Raiffeisen selected T24 to provide a centralised, front-to-back office core banking platform. The bank required a single, integrated core banking platform that would allow new and innovative products to be launched in the quickest possible time, to assist in further developing its private banking offering, and to optimise internal processes to ensure banking best practice.In implementing T24, Raiffeisen has achieved an impressive level of automation through its entire operations resulting in a major efficiency gain for the whole bank at the same time as greatly improving the customer experience. With T24, Raiffeisen interfaces to the full range of external retail devices and payment systems together with full automation of the credit process from simulation to approval and the input of the credit. T24 also provides full automation of the large and diversified credit offering including leasing, the core of its business, as well as a single front office screen providing access to all customer information and all retail transactions to support the client activities in the agencies.Raiffeisen is a Luxembourg cooperative bank, established in 1925, with a network of 46 points of sale, making it one of the largest retail banks in the country. To private and professional clients living or working in Luxembourg, Raiffeisen offers a comprehensive range of products and services in every day banking, loans and mortgages, insurances, savings and investments. It also has a dedicated offering for small and medium enterprises and is very active in private banking.Jean-Michel Hilsenkopf, Temenos Regional Director for Europe, said: "We are delighted that Banque Raiffeisen has gone live with T24 as the platform for its operations. It is already enjoying the significant efficiency improvements that come from running a modern, integrated system. With increased flexibility and product building capabilities, Raiffeisen has the infrastructure to deliverr best-in-class customer experience and to out-innovate its peers. We look forward to working in partnership with Raiffeisen to ensure it continues to achieve great results with T24."Jean-Luc Martino, CIO Banque Raiffeisen Luxembourg commented: "The success of the implementation is testament to the relationship between Banque Raiffeisen and Temenos. We are delighted to be running a single, fully automated, integrated system which not only provides gains in efficiency but also improves the experience for our customers. "
Temenos announced that Cairo Amman Bank, a full service bank with 106 branches in Jordan and Palestine, has gone live with T24™, Temenos' award-winning core banking system based on jBASE technology. The deployment of T24 replaces the bank's legacy core banking system and consolidates multiple banking modules. Through centralizing its operations, Cairo Amman Bank expects to see immediate improvements in operational efficiency including automation of Real Time Gross Settlement payments, freeing up a team of people to support additional growth in the business and laying the infrastructure to support sustained growth in income and profitability.

Temenos, the market leading provider of mission critical solutions to the financial services industry, announces that Al Hilal Bank PJSC, a Temenos customer since 2007, has successfully upgraded to release 12 of Temenos T24 core banking system.

GENEVA, Switzerland – 18 June 2013 – Temenos (SIX: TEMN), the market leading provider of mission critical software  to the banking industry, today announces a share buyback programme for 2013 of up to three million shares for cancellation.

GENEVA, Switzerland – 24 May 2013 – Temenos (SIX: TEMN), the market leading provider of mission critical solutions to the financial services industry, today held its Annual General Meeting (AGM).

In December 2010 the bank had selected The Core Banking Group’s industry leading testing software - TestManager™.  The Bank chose TestManager™ because of its ability to provide the automated functional and regression testing that was required to complete its phased implementation of the Temenos T24 core banking system.

Why its backend choice isn't about Microsoft vs Linux.