T24 News

Marfin extends use of T24 to Ukrainian subsidiary

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T24 News
Marfin Group, a leading European financial group and long established Temenos T24 user in Cyprus, Greece and Romania, has successfully extended its usage of T24 to its Ukrainian subsidiary, Marfin Bank Ukraine.

Historically, Marfin Bank Ukraine had multiple and decentralised core banking systems, which over time has led to inefficiencies across the organisation. The bank required a central, modern and flexible core banking system for its Ukrainian retail, corporate and commercial network. TEMENOS T24 was selected for this modernisation project as it is the most technologically advanced banking system available today, which meets local regulatory requirements in Ukraine as well as streamlines Marfin Bank Ukraine's operations and provides rapid delivery of new products and services to differentiate the bank in a competitive market.

QLogic, SQL Server 2012, Temenos and X-IO Technologies Set Benchmark Record for Real-World Banking Transactions

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T24 News

QLogic 2500 Series Fibre Channel Adapters Help Team Achieve 11,500 Transactions Per Second and 10,000 Interest Accrual and Capitalizations Per Second

 ALISO VIEJO, Calif., Mar 6, 2012 (GlobeNewswire via COMTEX) -- QLogic Corp. QLGC +2.11%today announced that it has teamed with Microsoft Corp., Temenos and X-IO Technologies to achieve record-breaking results on the TEMENOS T24 (T24) performance benchmark. The high-water benchmark testing, conducted at the Microsoft Platform Adoption Center using QLogic(R) 2500 Series 8Gb Fibre Channel adapters, SQL Server 2012 and X-IO Hyper ISE storage, included a mix of standard, real-world banking transactions typical for a large tier-1 retail bank with an extensive customer base.

For immediate release

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T24 News

TEMENOS GROUP AG (“TEMENOS”) STATEMENT REGARDING EXTENSION TO TAKEOVER CODE DEADLINE

Temenos notes the announcement today that the Misys plc (“Misys”) 'put up or shut up' deadline has been extended to 5.00 p.m. on 2 April 2012 in accordance with Rule 2.6(c) of the UK Takeover Code.

Bank of Zambia taps Sofgen for T24 R10 upgrade

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T24 News
Prior to the start of the project, SOFGEN performed a system audit aimed at identifying issues with the bank's T24 R05 system. Acting upon the recommendations outlined in the audit report, the bank realigned its processes and extended the footprint of the T24 solution via the acquisition of new modules in the areas of Money Market, Nostro Reconciliation and Foreign Exchange. In addition, the RGTS and SWIFT interfaces were redesigned.

Kenya: NIC Records 38% in 2011 Pre-Tax Profits

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T24 News
NIC Bank Group Ltd. has reported a KES3.6bn profit before tax for the year ended 31 December 2011, an increase of 38% from the KES2.6bn registered in the previous year.

Baku Interbank Currency Exchange connects to T24

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T24 News
Baku, Fineko/abc.az. The Baku Interbank Currency Exchange (BBVB) and the Central Bank of Azerbaijan (CBA) have signed an agreement on BBVB connection to banking system Temenos T24.

MetraTech's Metanga to Monetize Cloud Banking Application for Temenos

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(Marketwire) -- 02/13/12 -- MetraTech Corp., the leading provider of agreements-based billing (ABB™) and compensation solutions, today announced the selection of Metanga, its multi-tenant, cloud-based billing application, as the monetization and billing system for the Temenos T24 cloud-banking offering. The first of its kind, T24 is a public cloud banking platform operating on the Windows Azure platform in support of microfinance and community banking organizations. Temenos supports more than 1,500 customers and is a leading provider of banking software systems to retail, corporate, global, private, microfinance and community banks. The company selected Metanga because of the solution's ability to market-enable Windows Azure applications, allowing rapid monetization and adoption of T24 in new microfinance markets worldwide.

British authorities treat deal between Misys and Temenos as a takeover by Swiss

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The impending £2bn deal between bank software providers Misys and Temenos is being treated by British authorities as a takeover by the Swiss-listed group

Ghana International Bank Replaces Reporting System With Lombard Risk REPORTER for Regulatory Compliance-Bank of England, FSA and HMRC reporting

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LONDON, UNITED KINGDOM, Feb 06, 2012 (MARKETWIRE via COMTEX) -- Lombard Risk Management plc UK:LRM -1.89% ("Lombard Risk"), a leading provider of integrated collateral management and liquidity, regulatory and MIS reporting solutions for the financial services industry, announces Ghana Bank International plc's (GHIB) replacement of its legacy regulatory reporting system with Lombard Risk's REPORTER to meet regulatory demands.

Misys and Temenos: is it good for the Banks?

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Almost 18 Months after the takeover from Odyssey Financial Technologies, Temenos announced to be considering “strategic combination with Misys plc to be effected by way of an all share merger”.

  1. Temenos gains fifth core banking system taker in Ethiopia
  2. Nib Bank Sides with Temenos for CORE Banking
  3. MICROCAPITAL BRIEF: K-Rep Bank of Kenya Spends $600k on Temenos IT System to Integrate Branch Data
  4. Temenos disowens 'illegal withdraws' at National Bank of Malawi
  5. K-Rep steps up retail banking services with IT system upgrade
  6. QLD Treasury Corp drops $15m finance software
  7. Financial Advisors To Cash In On New Release Of WealthManager
  8. Temenos Announces Resignation of Mark Austen from its Board of Directors
  9. Tomorrow's Great Customer Experience Is Built on Today's Efficiency
  10. Temenos Announces Proposed Changes to its Board of Directors