Temenos Transact Reviews & Product Details

I like that Temenos Transact provides a unified core banking system for corporate and commercial banking. It eliminates a lot of manual systems and improves efficiency. I also appreciate the highly configurable product and pricing engine. The software allows for faster time to reach the market and offers greater flexibility to meet market demands. Review collected by and hosted on G2.com.

I find the complexity and learning curve of Temenos Transact to be challenging. The implementation timelines can be quite lengthy, and the customization and flexibility options aren't as straightforward as I'd like. Review collected by and hosted on G2.com.

Since last 8 years i am using Temenos T24 (R13) version in my organization. Temenos Transact easy to use and friendly software. It provides various features including lending, loans, retail banking, trade, treasury and compliance. In T24 we can perform multitasking simultaneously. Further, we have integrated multiple fields for Accuity compliance check and OBDX for smooth operation with efficiency. Review collected by and hosted on G2.com.

Temenos Transact don't support large data reports, fund transfer history data is also not visible in it. It captures only 1 year data in core application and for data lake other softwares needs to be used. Sometimes, it takes longer than usual time to login in branch interface to perform the transaction. Review collected by and hosted on G2.com.

customization, support, and excellent in processing of customer data Review collected by and hosted on G2.com.

all good but maybe the cost of the software Review collected by and hosted on G2.com.

The best thing about Temenos T24 is the capability to manage all customer data in the most secure way. With a simple query the data can be pulled in no time. Even change the basic details, contact information or disable/block account as required. Review collected by and hosted on G2.com.

I like T24 for the awesome features it offers but the support for any technical difficulties can be better. Review collected by and hosted on G2.com.

Temenos T24 is the best product as compared to all the banking transaction systems. Users can easily manage all the customers by using its individual customer module. There are a list of modules I like the Most: 1. Treasury 2. Account 3. Customer 4. Teller and also one can use Islamic banking using Temenos T24 Review collected by and hosted on G2.com.

I think its User interface could be more better. But as compared to other banking applications the disadvantages of T24 are very minor. so overall it is the best product. Review collected by and hosted on G2.com.

The customization menu items and the classic user-friendly interfaces have variable options with the latest modules of AA and AAA interfaces, which are not only extended to Core banking but also into Wealth management, trades, equities, and across verticals of BFSI. Review collected by and hosted on G2.com.

Nothing much to dislike, only that many of our engineers are still out there in other states like Malaysia, Singapore, US, and Pakistan. Now the breed has already started in India with hubs that we have in Chennai with the help of many investment banking and financial servicing sectors. It's high time our overseas T24 engineers pick it up in India. Review collected by and hosted on G2.com.

T24 Transact is the latest upgrade from Temenos in their Core Banking System software, it is powerful, it is robust it handles a large amount of transactions within a bank across regions Review collected by and hosted on G2.com.

While the implementation takes time (months) and challenges, such as Data migration from legacy systems; I would say that once implemented and properly tuned it's the most reliable banking software Review collected by and hosted on G2.com.

A lots of advance business tools and features to meet all the business requirements globally. Easy to to parameterize with requirements of customer. Upgrading options is there. Review collected by and hosted on G2.com.

All software has some bug which is very normal but their support team should be more responsive the solve those bug quickly. Review collected by and hosted on G2.com.

Web and server based transactions recorded on one server, very fast and reliable. Easy to use. It automated every manual calculation which was previously manually calculated. Review collected by and hosted on G2.com.

As it is server based web software, connectivity of branch must be good to have maximum uptime. In certain cases where internet service provider is giving weak connectivity, the system stops responding. Review collected by and hosted on G2.com.

I like the most that it's real time integrated has all the capabilities to support any banking system and can be customized to specific requirements for any banking institutions Review collected by and hosted on G2.com.

Because of it's integrated system as one whole piece it can be a little bit hard to specify the failure reason that might happen to any module. Also there is no monitoring process to know if an issue appeared before the customer does Review collected by and hosted on G2.com.