TEMENOS Group AG (SWX:TEMN), a provider of integrated core banking systems, today announced that more major banks have signed for its flagship core banking solution, TEMENOS T24, since the beginning of the year.
TEMENOS has reported strong uptake in both terms of upgrades from TEMENOS GLOBUS(TM), Schroders in Zurich, Switzerland and Hatton National Bank, Colombo, Sri Lanka, as well as new sales including: UBS Investment Bank; Sacombank, Ho Chi Minh, Vietnam; United Nations Federal Credit Union (UNFCU) in New York, US; Anglo Irish Bank in London, UK and Dublin, Ireland; Overseas Private Investment Corporation (OPIC), Washington, US; Banque de France in Paris, France; Raiffeisen Krekova Bana, Ljubljana, Slovenia; Bank of Botswana, Gaborone, Botswana; Joint Stock Commercial Bank for Social Development, Kiev, Ukraine;
Andreas Andreades, CEO, TEMENOS, comments: "We are delighted with the global market's take up for TEMENOS T24. The flexibility of our company and our products have enabled us to win deals with some of the world's most prestigious banks."
TEMENOS T24 is a functionally rich, thin client, scalable, integrated, modular banking system. It is built on an open architecture, and uses established standards such as HTTP, XML and J2EE. It offers a single client view across the enterprise and can support huge numbers of users with true non-stop resilience. It offers multiple application server support and is the only system available with no end of day batch processing and so can genuinely boast of providing real-time 24/7 non-stop banking.