---
title: Temenos Transact Reviews
meta_title: 'Temenos Transact Reviews 2026: Details, Pricing, & Features | G2'
meta_description: Filter 70 reviews by the users' company size, role or industry to
  find out how Temenos Transact works for a business like yours.
aggregate_rating:
  rating_value: 4.5
  review_count: 70
  scale: '5'
date_modified: '2026-07-12'
parent_category:
  name: Financial Services
  url: https://www.g2.com/categories/financial-services
---

# Temenos Transact Reviews
**Vendor:** Temenos  
**Category:** [Core Banking Software](https://www.g2.com/categories/core-banking)  
**Average Rating:** 4.5/5.0  
**Total Reviews:** 70
## About Temenos Transact
Temenos Transact is the most successful and widely used digital core-banking solution in the world. Using cloud native and agnostic technology, Temenos Transact provides the most extensive and richest set of banking functionality across retail, corporate, treasury, wealth and payments with over 1000 banks in 150+ countries relying on it to provide market leading and innovative products and services to their customers.




## Temenos Transact Reviews
  ### 1. Powerful Core Banking with Customization Challenges

**Rating:** 4.0/5.0 stars

**Reviewed by:** Sajmen S. | Third Party Analyst, Mid-Market (51-1000 emp.)

**Reviewed Date:** February 17, 2026

**What do you like best about Temenos Transact?**

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.

**What do you dislike about Temenos Transact?**

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.

**What problems is Temenos Transact solving and how is that benefiting you?**

Temenos Transact provides a unified core banking system, eliminating manual systems, improving efficiency, and offering a highly configurable product and pricing engine.

  ### 2. Core Banking Application

**Rating:** 5.0/5.0 stars

**Reviewed by:** Ali R. | Business Analyst, Enterprise (> 1000 emp.)

**Reviewed Date:** March 08, 2024

**What do you like best about Temenos Transact?**

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.

**What do you dislike about Temenos Transact?**

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.

**What problems is Temenos Transact solving and how is that benefiting you?**

Since, Temenos Transact is being use in majority banking financial institution. We have also integrated our some versions fields with other softwares i.e. Accuity compliance check and OBDX for data extraction from scanned data. Further, we have in house facility so we may create local core versions as per our requirements.

  ### 3. Excellent banking solution

**Rating:** 5.0/5.0 stars

**Reviewed by:** Yohanis B. | Tax Officer, Enterprise (> 1000 emp.)

**Reviewed Date:** January 05, 2024

**What do you like best about Temenos Transact?**

customization, support, and excellent in processing of customer data

**What do you dislike about Temenos Transact?**

all good but maybe the cost of the software

**What problems is Temenos Transact solving and how is that benefiting you?**

Temenos help banks in many, mainly banking solutions for banks and financial companies

  ### 4. Manage your customer data with T24!

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Banking | Enterprise (> 1000 emp.)

**Reviewed Date:** March 05, 2022

**What do you like best about Temenos Transact?**

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.

**What do you dislike about Temenos Transact?**

I like T24 for the aswesomw features it offers but the support for any teachnical difficulties can be better.

**What problems is Temenos Transact solving and how is that benefiting you?**

I am using T24 to manage client data for business bank so I am using it on daily basis for verification and validation purposes of data integrity. Also, to compare the front end and backend details. To post restrictions, flags, fund accounts etc for as per requirements.

  ### 5. Efficient and secure Core Banking product

**Rating:** 5.0/5.0 stars

**Reviewed by:** Muhammad A. | Software Engineer, Small-Business (50 or fewer emp.)

**Reviewed Date:** April 18, 2022

**What do you like best about Temenos Transact?**

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

**What do you dislike about Temenos Transact?**

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.

**What problems is Temenos Transact solving and how is that benefiting you?**

There are many problems solved by using Transact:
Customer data management in a custom way.
One can also create customer reports.
Account creation is much easy and more comprehensive.

  ### 6. T24 is the center of india within places like chennai after FInacle

**Rating:** 4.5/5.0 stars

**Reviewed by:** Naveen Krishna K. | Recruiter, Mid-Market (51-1000 emp.)

**Reviewed Date:** May 09, 2022

**What do you like best about Temenos Transact?**

The customization menu items and the classic user friendly interfaces has variable options with the latest modules of AA and AAA interfaces which is not only extended to Core banking but also into Wealth management , trades, equities and across verticles of BFSI.

**What do you dislike about Temenos Transact?**

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.
its high time our overseas T24 engineers to pick it up in India.

**What problems is Temenos Transact solving and how is that benefiting you?**

I am into Delivery and Recruitments, hence i only have management people management, interactions with globally T24 talent with wide range of banks and services. I have seen resource in Infobasic, Jboss, T24 AA and AAA interfaces and T24 custimazation and worked with T24 developers.

  ### 7. Best Core Banking Software, Robust Solution

**Rating:** 4.5/5.0 stars

**Reviewed by:** Jose G. | Technical Support Associate, Enterprise (> 1000 emp.)

**Reviewed Date:** August 12, 2022

**What do you like best about Temenos Transact?**

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

**What do you dislike about Temenos Transact?**

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

**What problems is Temenos Transact solving and how is that benefiting you?**

Integrating systems within the banking industry can be really time and resources consuming; having a solid core banking system that is up to date with regulations, and procedures and that can adapt to regional alignments is a great improvement.

  ### 8. It is very much secure and very much easier to configure to meet the customer requirements.

**Rating:** 4.5/5.0 stars

**Reviewed by:** Anuwar H. | Business Consultant, Small-Business (50 or fewer emp.)

**Reviewed Date:** April 09, 2022

**What do you like best about Temenos Transact?**

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.

**What do you dislike about Temenos Transact?**

All software has some bug which is very normal but their support team should be more responsive the solve those bug quickly.

**Recommendations to others considering Temenos Transact:**

Can choose this software by justifying the market. I personally find it very useful.

**What problems is Temenos Transact solving and how is that benefiting you?**

In Bangladesh there are lots of local policy and guidelines which is very hard to cover with local CBS but with T24 most of the requirements can be meet up easily with core features. New plug in development can be added also with local development.

  ### 9. Practical Experience of T24 in Banking Industry

**Rating:** 4.5/5.0 stars

**Reviewed by:** Syed Wajahat Ali Shah B. | Regional Head Operations, Enterprise (> 1000 emp.)

**Reviewed Date:** March 27, 2022

**What do you like best about Temenos Transact?**

Web and server based transactionsrecorded on one server, very fast and reliable. Easy to use. It automated every manual calculations which were previously manually calculated.

**What do you dislike about Temenos Transact?**

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 stop reponding.

**Recommendations to others considering Temenos Transact:**

Highly Recommended as it is oracle based software with strangest backend database.

**What problems is Temenos Transact solving and how is that benefiting you?**

Very Good in report generation and auto deduction of Banking Charges to avoid leakage of income. Generated number of reports which were not previously available.

  ### 10. I worked as t24 temenos developer

**Rating:** 3.5/5.0 stars

**Reviewed by:** Anood A. | IT Associate Applications, Enterprise (> 1000 emp.)

**Reviewed Date:** March 28, 2022

**What do you like best about Temenos Transact?**

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

**What do you dislike about Temenos Transact?**

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

**Recommendations to others considering Temenos Transact:**

if t24 temenos is considered then there should be some experts employees in case some hidden issues appeared

**What problems is Temenos Transact solving and how is that benefiting you?**

Unlike other systems, t24 temenos distinguish oneself that it has very powerful and friendly graphical user interface which make it easy for employees to interact with

  ### 11. Very likely

**Rating:** 5.0/5.0 stars

**Reviewed by:** Lisa C. | Home Room Teacher, Enterprise (> 1000 emp.)

**Reviewed Date:** April 01, 2022

**What do you like best about Temenos Transact?**

It's use Friendly it doesn't let the user to go at a wrong place or to accept anything which is wrong I use mivr with it t24is very much friendly while using In critical cases too

**What do you dislike about Temenos Transact?**

There was nothing to dislike I literally loved it , no there was everything proper it's getting better but its own updates yes definitely I would love to get it more better

**Recommendations to others considering Temenos Transact:**

It's the best software used so far... completely user friendly...Good job team temenos T24

**What problems is Temenos Transact solving and how is that benefiting you?**

As it was used in Banking so while having big deals it always help to protect from big mistakes yes but not more than tenenos yes it's incredibly increased day by day

  ### 12. Easy to maintain the core banking rules and segregation of each process is user friendly.

**Rating:** 4.5/5.0 stars

**Reviewed by:** DineshBabu S. | Equation Consultant, Enterprise (> 1000 emp.)

**Reviewed Date:** March 20, 2022

**What do you like best about Temenos Transact?**

It's scalability, low cost of maintenance, new technical upgrades according to the market, incremental product builder which will make it easy to deploy new products immediately.

**What do you dislike about Temenos Transact?**

Very little resources on the Web about t24 makes it hard to learn new things, training workshop by temenos now and then will be a good improvement and a pitching point for its core banking product sales.

**Recommendations to others considering Temenos Transact:**

For small to medium enterprises t24 can be a good bet for their day to day operations.

**What problems is Temenos Transact solving and how is that benefiting you?**

Implementation of new products are simple, which makes the cost to project minimal compared to other systems currently used in my organisation. Since new products can be implemented soon, customers can enjoy the digitalisation sooner than later.

  ### 13. Best core banking system which can be tailored bank needs

**Rating:** 5.0/5.0 stars

**Reviewed by:** Stanley C. | Sr. Business Analyst, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 15, 2022

**What do you like best about Temenos Transact?**

Continuous innovation on the product enhancement

**What do you dislike about Temenos Transact?**

Knowledge sharing is very limited with partners or freelancers on the latest upgrade

**Recommendations to others considering Temenos Transact:**

Good product with global standards and it can be tailored as per the client requirements

**What problems is Temenos Transact solving and how is that benefiting you?**

I was limited with T24 Transact since my key role is in special products. We have done customisation on data extraction as per cleint request also created local tables to update derived values for regulatory report purpose through core API's.

  ### 14. Feedback on Temenos T24

**Rating:** 5.0/5.0 stars

**Reviewed by:** Umair K. | Branch Service Officer, Enterprise (> 1000 emp.)

**Reviewed Date:** March 19, 2022

**What do you like best about Temenos Transact?**

It is the best among all in banking transaction system used by banking industry. It is convenient, easy and simple to use. I recommend all banks to convert their transaction system into temenos T24.

**What do you dislike about Temenos Transact?**

When you compare the temenos T24 and other banking transaction system, then you have lots of disliked function found in other transaction system, but cant found in temenos T24.

**Recommendations to others considering Temenos Transact:**

I recommended all banking industry to use this as transaction system.

**What problems is Temenos Transact solving and how is that benefiting you?**

I like Reporting system of temenos 25 and its less time taking to complete transactions as compared to others. That is the reason i recommend temenos 24 for all banking industry around the world.

  ### 15. Best Ever Core Banking Product

**Rating:** 5.0/5.0 stars

**Reviewed by:** MUHAMMAD M. | Software Quality Assurance Engineer, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 10, 2022

**What do you like best about Temenos Transact?**

The comprehensiveness of the product is the best thing that i like the Most.
Treasury is the best Module
Islamic Banking 
No Competitors of T24 i think.

**What do you dislike about Temenos Transact?**

I think it's the very best product there is nothing to Dislike.

**What problems is Temenos Transact solving and how is that benefiting you?**

By working in Temenos T24 product I would like to say it is very unique product for managing high level financial activities 
I have worked on many Modules which is my great experience.

  ### 16. Ever best Banking industry software i have used . extended feature of all kinds of report and etc

**Rating:** 5.0/5.0 stars

**Reviewed by:** Munawar H. | System Administrator, Enterprise (> 1000 emp.)

**Reviewed Date:** March 28, 2022

**What do you like best about Temenos Transact?**

Web based application with all kind of working in one windows. Strong security features and control . All kinds of report available that could need in a banking industry

**What do you dislike about Temenos Transact?**

Some time speed issue and reports not generated as per reqquirements 
ptherwise  that one is the bports est banking software with its advance features. i have used it in Bank Alfalah and truly recomend that one

**What problems is Temenos Transact solving and how is that benefiting you?**

security features are much strong which required in a banking software . i love this product and strongly recomend to use this one . It boost up the banking industry need .

  ### 17. I have been a t24 developer since 5 years

**Rating:** 5.0/5.0 stars

**Reviewed by:** Hubab K. | Associate Technical Consultant, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 19, 2022

**What do you like best about Temenos Transact?**

The usability and ease of accessiblity 
The way its usable and easily integratable with other systems that is how its usable and more user friendly.plus there is no competitor

**What do you dislike about Temenos Transact?**

That it goes down unpredictably. Apart from that configuration is a bit hard but then again it depends on the technical since i am not an admin and work kore on developmental side

**Recommendations to others considering Temenos Transact:**

Its the best financial transaction system

**What problems is Temenos Transact solving and how is that benefiting you?**

I have been a part of implementstion since 3 yrs and have seen many banks being using t24 as their core transactional system also development is easier on this platform

  ### 18. Very intuitive interface, learning is not very challenging which is good.

**Rating:** 4.0/5.0 stars

**Reviewed by:** Kambar K. | PA to Consul General, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 27, 2022

**What do you like best about Temenos Transact?**

It makes it easier to handle CRM. Ease of access and structure of huge amount of customer related data. Mostly Microsoft Excel. It pretty much outweighs its competitors.

**What do you dislike about Temenos Transact?**

Sometimes it may run slow. Other than that nothing. As far the software use concerned, no. If it started just a notch quicker. In speed of response of the software.

**Recommendations to others considering Temenos Transact:**

Use it wisely.

**What problems is Temenos Transact solving and how is that benefiting you?**

Customer related queries are quickly answered, as a sales service officer that is the main purpose it utilized for. Yes indeed it had in variety of ways it did.

  ### 19. Implemented T24 for large North European Bank.

**Rating:** 4.0/5.0 stars

**Reviewed by:** Sridhar K. | Director - Architecture, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 20, 2022

**What do you like best about Temenos Transact?**

APIs availability for integration - it is seamless integration possibility for all Debit, Credit, Accounting and Recon features of T24 with Bank's platform. This definitely help in optimising integration layer setup.

**What do you dislike about Temenos Transact?**

Few features are still legacy - requests thru PMR for feature enhancements were not turned back immediately, instead the release cycle had been bit lengthy. >6 months.

**What problems is Temenos Transact solving and how is that benefiting you?**

I was in T24 for 5 years and later shifted to different work on Payments. During my stint with CBP implementation for the Bank, we modernised entire Core Banking setup from Legacy.

  ### 20. TEMINOS

**Rating:** 5.0/5.0 stars

**Reviewed by:** SAQIB R. | Financial Administratiion, Enterprise (> 1000 emp.)

**Reviewed Date:** March 09, 2022

**What do you like best about Temenos Transact?**

Teminios is friendly user software in financial sector which enable the front end user to complete the end to end procedural in due consideration to operations.

Mysis, IFlex and other banking softwares have limitations which need to follow the mo th end procedural works.

**What do you dislike about Temenos Transact?**

It will not supporting certain types of files or need adjustment after downloading.

**Recommendations to others considering Temenos Transact:**

BANKING

**What problems is Temenos Transact solving and how is that benefiting you?**

Easy access to open, edit, closure of accounts.

Simultaneously one account linked with so many products disbursements.
Within a short span of time customers can easily monitored and edit thier credentials from thier respective devices or homes.

  ### 21. I worked full time with Temenos products

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Banking | Small-Business (50 or fewer emp.)

**Reviewed Date:** April 08, 2022

**What do you like best about Temenos Transact?**

I like Temenos Transact financial software. Customer friendly navigation helps to understand the banking application module

**What do you dislike about Temenos Transact?**

Nothing to dislike in Temenos Transact product. Disadvantages are very less compared to other financial softwares.

**Recommendations to others considering Temenos Transact:**

Temenos Transact is a world class top Banking solution software which one of the most preferred application across world in banking sector

**What problems is Temenos Transact solving and how is that benefiting you?**

Banking functional is very easy understanding through Temenos software which benefits to end user and clients

  ### 22. The T24 is one of the best software for keeping track of banking transactions.

**Rating:** 4.0/5.0 stars

**Reviewed by:** Waheed Z. | Account Officer, Enterprise (> 1000 emp.)

**Reviewed Date:** March 27, 2022

**What do you like best about Temenos Transact?**

This helps you in keeping the track regarding any transaction, and allowing you to store the information in pictorial form as well as alphanumerics.

**What do you dislike about Temenos Transact?**

The interface is way too archaic and the applicability of the shortcut keys.

**Recommendations to others considering Temenos Transact:**

Improvement of the interface, plus inclusion of other Company available modules for Payroll processing, vendor payment processing etc.

**What problems is Temenos Transact solving and how is that benefiting you?**

Inputting and storage of record, cheques authorized signatories, issuing of new currency in the market, Payments processing for the FTs.

  ### 23. Data acquisition with Temenos

**Rating:** 5.0/5.0 stars

**Reviewed by:** Aravind K. | Data operations analyst, Enterprise (> 1000 emp.)

**Reviewed Date:** April 14, 2022

**What do you like best about Temenos Transact?**

I used Temenos T24 for my work in a data acquisition process. It helped me collate, review and extract the data for my customers. It made my work very simple and easy that now I can rely on this.

**What do you dislike about Temenos Transact?**

There are lags and certain parts of the process are not covered.

**What problems is Temenos Transact solving and how is that benefiting you?**

Quick navigation, ease of data access, multiple info at the same time

  ### 24. If you want to save your time and efforts as well reduce the operational risk so use T24.

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Banking | Mid-Market (51-1000 emp.)

**Reviewed Date:** March 23, 2022

**What do you like best about Temenos Transact?**

The facility of  converting any report or statements within the system into Excel sheet or word documents or PDF  help us in our   daily duties  and simplify it

**What do you dislike about Temenos Transact?**

For me the most duty I dislike to handle through T24 is Issuing cheque book for customers  because the  process  not done on same screen and there's possibility to do any mistakes.

**Recommendations to others considering Temenos Transact:**

If you want to save your time and effort so try to use T24

**What problems is Temenos Transact solving and how is that benefiting you?**

Reduce the mistake or any missing data as well as we can Save the fix information on a lots of records help users to save time and reduce the limit of data entre to the system.

  ### 25. T24 - Complete Core banking solution to Trust

**Rating:** 5.0/5.0 stars

**Reviewed by:** Ajay Kumar M. | Program Manager at Wurth IT India, Enterprise (> 1000 emp.)

**Reviewed Date:** March 21, 2022

**What do you like best about Temenos Transact?**

The best core banking application with solid architecture for a speedy and faultless transaction.

**What do you dislike about Temenos Transact?**

With new modules being implemented as AAA, the middle east and European banks need to adopt the same; which sometimes becomes difficult to catch up.

**What problems is Temenos Transact solving and how is that benefiting you?**

The problems of having the usual Teller module is completely revamped with the Teller module inbuilt in T24. Additionally, the enhanced version of Payment engine helped the STP and avoid duplicate payment being registered.

  ### 26. T24 Review

**Rating:** 5.0/5.0 stars

**Reviewed by:** Syed Tayyab A. | Management Trainee Officer , Enterprise (> 1000 emp.)

**Reviewed Date:** March 09, 2022

**What do you like best about Temenos Transact?**

It is Smooth in working I am daily using Timnos 24 at my job.

**What do you dislike about Temenos Transact?**

Unable to Load those Menus that We bookmarking.

**What problems is Temenos Transact solving and how is that benefiting you?**

Its User friendly and smooth in working, I am using T24 In Allied Bank Limited Pakistan

  ### 27. Temenos T24 is most power application to manage financial transaction.

**Rating:** 5.0/5.0 stars

**Reviewed by:** Syed M. | Software Quality Assurance Engineer, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 12, 2022

**What do you like best about Temenos Transact?**

I like T24 AA Architecture, with AA Architecture branch user can easily manage customer Lending, AA Accounts,  Deposits, and other financials.

**What do you dislike about Temenos Transact?**

User interphase of T24 is not good, It would be great if UI/UX of Transact became attractive and user-friendly.

**What problems is Temenos Transact solving and how is that benefiting you?**

By using Transact I have created a Customer Repayment plan using Constant & Linear payment type. System created a complete payment plan for relevant customer.

  ### 28. TEMENOS T24 TRANSACT

**Rating:** 5.0/5.0 stars

**Reviewed by:** Asad R. | NA, Small-Business (50 or fewer emp.)

**Reviewed Date:** March 09, 2022

**What do you like best about Temenos Transact?**

I like the security of customer information in this. It is also very quick in retreaval of customer information whenever needed in detail by the organisation.

**What do you dislike about Temenos Transact?**

I think technically it could be more better.

**Recommendations to others considering Temenos Transact:**

It is a best software. I think Banks especially get this for their ease.

**What problems is Temenos Transact solving and how is that benefiting you?**

Customer data in a custom way. Custom  Reports, Especially account maintenance certificates etc. The benefit is that you can easily access customer information within no time.

  ### 29. For small to medium size banking/financial institute, T24 is the best choice for Core Banking

**Rating:** 4.0/5.0 stars

**Reviewed by:** Cadwell Marthin  R. | System Analyst, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 15, 2022

**What do you like best about Temenos Transact?**

Integration for all modules especially for banking/financial institutes where the accounting, financial and reporting is easy to customize depending on business needs.

**What do you dislike about Temenos Transact?**

since it's easy to customize, needs extra work to do the restrictions and validation where it should be completely detailed.

**What problems is Temenos Transact solving and how is that benefiting you?**

Full Core Banking Application needs where all modules and processes could be connected and integrated properly where all accounting transactions processed are embedded within each module.

  ### 30. T24, best core banking I have ever worked on with nice User friendly experiencing modules

**Rating:** 5.0/5.0 stars

**Reviewed by:** Kailash Raja K. | Executive, Enterprise (> 1000 emp.)

**Reviewed Date:** April 14, 2022

**What do you like best about Temenos Transact?**

Secured core banking software captured with all user interactions to their banking apps. Have most of the banking modules integrated.

**What do you dislike about Temenos Transact?**

Modules like securities and wealth management are complex to understand with T24 application

**What problems is Temenos Transact solving and how is that benefiting you?**

All User interactions are collated at one place to resolve any kind of issues which the Customers faces.

  ### 31. Temenos, Pros and cons

**Rating:** 4.0/5.0 stars

**Reviewed by:** Camil A. | Operations Agent, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 22, 2022

**What do you like best about Temenos Transact?**

The transaction take less time, well detailed and it's easier to reverse the transaction or fix any misktake while operating.

**What do you dislike about Temenos Transact?**

Sometimes the system crash and is kind of slow, and if the menu is not well structured, there's a lot of details.

**What problems is Temenos Transact solving and how is that benefiting you?**

The reporting on temenos is very good, it allows us to find any well detailed report whenever we want.

  ### 32. Review for T24

**Rating:** 4.5/5.0 stars

**Reviewed by:** Mujtaba S. | Software Quality Assurance Engineer, Enterprise (> 1000 emp.)

**Reviewed Date:** March 12, 2022

**What do you like best about Temenos Transact?**

Most easy to use.
User friendly.
Easy to maintain data.
Customer centric application.

**What do you dislike about Temenos Transact?**

I use this application from last 3 year but till now I didn't find anything which I dislike.

**What problems is Temenos Transact solving and how is that benefiting you?**

Perform debit transaction.
Perform credit transaction.
Create customer.
Create account.
Perform LC transaction.


Easy to maintain data.
Easy to perform transaction.
Easy to input and authorized the deal.
Easy to maintain audit details.

  ### 33. Good software for transaction

**Rating:** 5.0/5.0 stars

**Reviewed by:** Farhan A. | Sr. Supplychain Executive (Finish Goods |Warehouse) , Enterprise (> 1000 emp.)

**Reviewed Date:** March 28, 2022

**What do you like best about Temenos Transact?**

A core banking system that routinely maintained, reduces that liklihood of any data pipeline errors or deleys.

**What do you dislike about Temenos Transact?**

This application can be unstable and slow, especially when many users are logged on to the system.

**What problems is Temenos Transact solving and how is that benefiting you?**

To maintaining data and records and real time customer information so all input data is read processed and made available virtually immediately.

  ### 34. I been using temenos t24 for over 2 years

**Rating:** 5.0/5.0 stars

**Reviewed by:** Velmurugan D. | Senior Quality Assurance Automation Engineer, Mid-Market (51-1000 emp.)

**Reviewed Date:** April 13, 2022

**What do you like best about Temenos Transact?**

Fast and reliable UI, the way the customer information being handled was pretty straight. And control of information based on user roles.

**What do you dislike about Temenos Transact?**

Cards integration should been handled with in t24, current processing system and clearance process should be improved.

**What problems is Temenos Transact solving and how is that benefiting you?**

I been working with account creation and linking.

  ### 35. Temonas review

**Rating:** 4.5/5.0 stars

**Reviewed by:** Verified User in Banking | Mid-Market (51-1000 emp.)

**Reviewed Date:** March 25, 2022

**What do you like best about Temenos Transact?**

Can manage all operation from one place so you can see the rest of the organization transaction

**What do you dislike about Temenos Transact?**

The gui is a bit of a mess but I think it's just the organization and using my experience

**Recommendations to others considering Temenos Transact:**

Using this service help you to control and manage your business effectively with the ability to scale and using a flexible method to help you to know that you are doing good

**What problems is Temenos Transact solving and how is that benefiting you?**

Other solutions is not complete and you have to use third party monitoring tools which will help you but will increase the operational cost

  ### 36. T24 is smooth and flexible payment system where you can use and manage your transaction smoothly

**Rating:** 4.5/5.0 stars

**Reviewed by:** Shivam K. | Senior Software Engineer, Enterprise (> 1000 emp.)

**Reviewed Date:** March 14, 2022

**What do you like best about Temenos Transact?**

T24 is CBS system which provides almost everything. From basic account till payment including account transfer, SWIFT and different types of payment.

**What do you dislike about Temenos Transact?**

No such things missing but still better training of products required for new users.

**What problems is Temenos Transact solving and how is that benefiting you?**

Worked as Senior test engineer for T24 and Channels and transact all having interface with each other.which creates poduct awareness among us.

  ### 37. Easy Access

**Rating:** 4.0/5.0 stars

**Reviewed by:** Fevi Jane V. | Freelancer, Enterprise (> 1000 emp.)

**Reviewed Date:** March 19, 2022

**What do you like best about Temenos Transact?**

What I like about this software is that it's user-friendly. As a former bank teller, I like how I can easily do my transactions here.

**What do you dislike about Temenos Transact?**

Whenever the system goes offline (which happens a couple of times before) it really affects our transactions.

**Recommendations to others considering Temenos Transact:**

Familiarize the functions and you can easily manage this.

**What problems is Temenos Transact solving and how is that benefiting you?**

real-time customer information

  ### 38. T24 Bank Libano-Française

**Rating:** 3.5/5.0 stars

**Reviewed by:** Charbel S. | Senior Data Analyst, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 20, 2022

**What do you like best about Temenos Transact?**

I like that t24 shows the field name in the backend in the table

**What do you dislike about Temenos Transact?**

Not much i like everything in t24 it was better than oracle forms

**Recommendations to others considering Temenos Transact:**

u recommend that you document everything in deployment

**What problems is Temenos Transact solving and how is that benefiting you?**

i was getting the abroad transactions and i solved it.

  ### 39. T24 admin experience

**Rating:** 5.0/5.0 stars

**Reviewed by:** Amuthan R. | HR Manager, Mid-Market (51-1000 emp.)

**Reviewed Date:** April 15, 2022

**What do you like best about Temenos Transact?**

T24 was the fastest platform to establish a bank as of what I know.

**What do you dislike about Temenos Transact?**

Sometimes too much of modules and file organization make it complicated. Complex design but still complete banking solution

**What problems is Temenos Transact solving and how is that benefiting you?**

Admin stuff, memory management, backup management.

  ### 40. Overall experience as a developer and a user is pretty good. Local development is very easy.

**Rating:** 4.0/5.0 stars

**Reviewed by:** tajul i. | Software Engineer, Small-Business (50 or fewer emp.)

**Reviewed Date:** March 11, 2022

**What do you like best about Temenos Transact?**

As a Developer, I like their DSF  and Design Studio since I work with that .

**What do you dislike about Temenos Transact?**

Free resources are very limited, as a developer, I want a platform where every Temenos T24 developer will discuss with their problems.

**What problems is Temenos Transact solving and how is that benefiting you?**

basically mu primary Task is to write routine ,besides that I am working with Delivery Module

  ### 41. I had worked on temenos t24 for 3 years at Jordan ahli bank

**Rating:** 5.0/5.0 stars

**Reviewed by:** Abdallah A. | Sales Consultant, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 19, 2022

**What do you like best about Temenos Transact?**

No lag.. The teller transactions are easy to use

**What do you dislike about Temenos Transact?**

Sometimes we faced a lag in the recipes print

**What problems is Temenos Transact solving and how is that benefiting you?**

We got a lot of problem in the beginning, at the mergeration period like the frozen accounts and the notes to be transferred from the old bank 2000 system to temenos t24

  ### 42. Highly recommended as Temenos T24 is stable, durable and having smooth functionality

**Rating:** 4.5/5.0 stars

**Reviewed by:** Shahzaib S. | Assistant Manager-AML/CFT/KYC, Enterprise (> 1000 emp.)

**Reviewed Date:** March 26, 2022

**What do you like best about Temenos Transact?**

Its speed,addition of modules as per requirememt and uninterrupted operations

**What do you dislike about Temenos Transact?**

Needs to work on graphical user interface which is currently very old school

**What problems is Temenos Transact solving and how is that benefiting you?**

Account opening, account transactions, General Ledgers Clearing or settlement, Know your customer(KYC) which helps in conducting reliable due diligence reviews

  ### 43. Security Department

**Rating:** 5.0/5.0 stars

**Reviewed by:** Elie G. | Senior Security Consultant, Enterprise (> 1000 emp.)

**Reviewed Date:** March 15, 2022

**What do you like best about Temenos Transact?**

T24 is Very user friendly. Flexible platform.

**What do you dislike about Temenos Transact?**

Nothing major or in particular. The implementation was smooth we had some obstacles but it was bearable.

**Recommendations to others considering Temenos Transact:**

I would recommend it to be implemented in all baking and financial sectors.

**What problems is Temenos Transact solving and how is that benefiting you?**

We moved our core banking system completely to t24 live environment.

  ### 44. Best for used for day to day transaction.

**Rating:** 4.0/5.0 stars

**Reviewed by:** Verified User in Banking | Enterprise (> 1000 emp.)

**Reviewed Date:** March 28, 2022

**What do you like best about Temenos Transact?**

The report options are best to review daily transaction history, pending transaction Authorization and cash balancing.

**What do you dislike about Temenos Transact?**

Only authorised person can view all the processed transaction. There should be viewing option for all users and not only for the admin.

**Recommendations to others considering Temenos Transact:**

It is easyto use interface. Can be used for account and many cash balance and other reports and analysis purpose.

**What problems is Temenos Transact solving and how is that benefiting you?**

Used in the banking sector as daily transaction, Authorization and cash balancing. It is good in reporting and analysis.

  ### 45. An amazing banking software with lots of feature and user friendly UI/UX

**Rating:** 5.0/5.0 stars

**Reviewed by:** Raheela A. | Assistant Manager Internal Audit, Enterprise (> 1000 emp.)

**Reviewed Date:** March 14, 2022

**What do you like best about Temenos Transact?**

The accounts opening process from customer onboarding till the final transaction

**What do you dislike about Temenos Transact?**

I guess there's nothing that allows me to write here, as I like all of the features of T24

**What problems is Temenos Transact solving and how is that benefiting you?**

There are a lot of benefits and did not found any problematic situation while using T24

  ### 46. Smooth and simple

**Rating:** 4.5/5.0 stars

**Reviewed by:** Verified User in Banking | Enterprise (> 1000 emp.)

**Reviewed Date:** April 10, 2022

**What do you like best about Temenos Transact?**

User friendly with smooth and simple gui

**What do you dislike about Temenos Transact?**

Nothing really missing but becomes laggy when a single function is widely used.

**What problems is Temenos Transact solving and how is that benefiting you?**

Providing a better alternate banking system than all other competitors.

  ### 47. I am using this in banking industry, its  a complete solution with security and efficiency

**Rating:** 4.5/5.0 stars

**Reviewed by:** Syed Muhammad K. | Branch Manager, Enterprise (> 1000 emp.)

**Reviewed Date:** March 23, 2022

**What do you like best about Temenos Transact?**

T24 friendly and efficient for making the financial transactions and provide services to customer.

**What do you dislike about Temenos Transact?**

I think its a good one, all features workh efficiently.

**What problems is Temenos Transact solving and how is that benefiting you?**

Its a big data base and done all tasks timely.

  ### 48. I have been trainer of this Banking ERP

**Rating:** 4.0/5.0 stars

**Reviewed by:** Mujtaba B. | Academic Administrator, Enterprise (> 1000 emp.)

**Reviewed Date:** March 23, 2022

**What do you like best about Temenos Transact?**

Local Development. 24/7 Reporting accessibility, Secure financial transactions.

**What do you dislike about Temenos Transact?**

Cost of implementation could be high if organiation is small.

**What problems is Temenos Transact solving and how is that benefiting you?**

The problem of local storage, cost, maintenance. Cloud computing of this software has solved it.

  ### 49. Very likely recommend T24

**Rating:** 5.0/5.0 stars

**Reviewed by:** Ahmed Ezzeldin H. | Business Process Improvement Specialist, Mid-Market (51-1000 emp.)

**Reviewed Date:** March 26, 2022

**What do you like best about Temenos Transact?**

Reports system generate more useful it's really give more details in summary report

**What do you dislike about Temenos Transact?**

System menu should be more easy it's can be more short

**Recommendations to others considering Temenos Transact:**

Yes

**What problems is Temenos Transact solving and how is that benefiting you?**

So far it's fine

  ### 50. Very user-friendly and convenient

**Rating:** 5.0/5.0 stars

**Reviewed by:** Verified User in Banking | Enterprise (> 1000 emp.)

**Reviewed Date:** March 15, 2022

**What do you like best about Temenos Transact?**

The formation and variation of various reports can be drawn out of your daily transactions with a single click.

**What do you dislike about Temenos Transact?**

Few options had to be dug out for figuring out how to get instant information related to a few distinctive module entries like trade or credit.

**What problems is Temenos Transact solving and how is that benefiting you?**

ATM disputes and transactions wrongly hit into internal accounts identified and resolved. Helped in daily balancing of both ATM and cash vault at day end.


## Temenos Transact Discussions
  - [ANY NEW VERSION OR UPDATES FOR THE PROGRAM ?](https://www.g2.com/discussions/any-new-version-or-updates-for-the-program) - 1 comment, 1 upvote
  - [What are the modules in T24?](https://www.g2.com/discussions/what-are-the-modules-in-t24) - 2 comments

- [View Temenos Transact pricing details and edition comparison](https://www.g2.com/products/temenos-transact/reviews?section=pricing&secure%5Bexpires_at%5D=2026-07-17+07%3A40%3A52+-0500&secure%5Bsession_id%5D=2cd749e5-549c-4301-bba6-b7133d768d5f&secure%5Btoken%5D=6088bacc5a0af271742dd3454ca4a18c4e6e5461152617d384a0edeaf7a534c8&format=llm_user)

## Temenos Transact Features
**Agentic AI - Core Banking Features**
- Autonomous Task Execution

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