Description

Temenos Transact (formerly Temenos T24) is an integrated core banking system designed for financial institutions. It enables users to build and design new products using a centralized product design tool, calculate the profitability of every customer and product, collect, consolidate, and analyze data from multiple legacy and disparate systems, handle the issues of productivity and speed by decomposing applications into manageable services, and add, manage, and scale components independently based on the requirements. Features include microservice architecture, continuous deployment, product catalog, accounts and deposits management, and open application programming interfaces (APIs) access.