TEMENOS - TEMENOS T24, TEMENOS CoreBanking TCB, eMerge (Microfinance)
Overview:
Swiss group, TEMENOS, has over 300 client names worldwide, has systems live in over 500 client sites, operating in more than 100 countries. Founded in 1993, TEMENOS Group AG is a provider of integrated, modular, core banking systems that provides banks with a single, real-time view of the client across the enterprise. TEMENOS delivers 24/7 functionality to the wholesale, retail and private banking sectors, or partnering with central banks on core system replacement. TEMENOS is established as an international leader in the banking software industry. The company has expertise and commitment in projects. Headquartered in Geneva, Switzerland, the company has 34 offices in 29 countries and is listed on the main segment of the SWX Swiss Exchange (TEMN).
Product: TEMENOS T24, TEMENOS CoreBanking TCB, eMerge (Microfinance)
T24 products come with the functionality of GLOBUS.
TEMENOS made a major technical upgrade of its flagship product, TEMENOS GLOBUS, resulting in the introduction of TEMENOS T24, a true non-stop, 24hr, n-tier, scalable, functionally rich, real-time banking application that responds to evolving market needs. T24 supports all major industry standards including J2EE, XML, Web Services, Linux, Unix, Windows, Oracle, DB2.
An integrated banking solution with open system technology for business functionality as follows:
1. Corporate/Wholesale - Commercial Lending, Syndicated Lending, Trade Finance & Letters of Credit, Documentary collections, Bills, Guarantees & Standbys, Leasing
2. Treasury - Money Market, Foreign Exchange, Swaps, FRA, Securities, Repos, Futures & Options
3. Retail Banking - Current and DDA accounts, Savings and deposit accounts including fixed deposits, Overdraft accounts, Cheques, Cards, Consumer lending and HP, Mortgages, Revolving credit, Mutual Funds
4. Private Banking - Securities, Portfolio Management, Portfolio Modeling and re-balancing, Portfolio reporting including performance, Fiduciaries, Intermediary (agent) compensation and commissions
5. Core Functions - Customer Relationship Management, Market Risk, Credit Risk, Accounting & General Ledger, Multi-company, multi-currency and multi-language, Management Information and Profitability, Document and image management, Payments, Nostro Reconciliations, Confirmation Matching, Workflow
6. Multi-Channel - Internet, Call centre, Other electronic channels
TEMENOS T24 is built on open architecture and is claimed to offer low cost of ownership and uses established standards such as HTTP, XML and J2EE. The design of TEMENOS T24 offers multiple application server support offering horizontal scalability and supporting huge numbers of users with inherent non-stop resilience. TEMENOS T24 was designed to remove the need to run End Of Day processing.
T24 [GLOBUS] - Retail functionality particularly includes:
Teller applications
Savings accounts
Mortgage processing with Past Due obligations
Funds transfers and standing orders
Cheque and card management
ATM InterfaceBranch server processing
TEMENOS CoreBanking - (formerly from Spanish group ICT and known as Iris) - TEMENOS CoreBanking is a scalable retail banking application capable of handling the business volumes of large banks. It features a Product Engine enabling new products and services to be added quickly, reducing time to market and built upon IBM’s IFW architecture. Designed in 1995 and completed in 1998, it is based upon mainstream technologies – MVS, DB2, IMS or CICS, OS390 - and utilizing IBM’s Information Framework. TEMENOS CoreBanking was developed by IBM and RSI in Spain, to meet the demands of 71 separate banks processed in a single data center (multi-bank, retail bank system). This data center supports 3,600 branches, over 5 million customers and has combined banking assets of over $40 billion.
eMerge - Targeted at emerging economies for smaller financial institutions such as small banks, credit unions, mutual societies and a wide array of specialised micro-lenders. TEMENOS eMerge is designed to give financial institutions the flexibility and capacity to deliver on the needs of the community banking environment. It is relatively easy to set up and configure for a specific customer. With minimum training, the user can create and deploy new products and services without the need for outside technical assistance. TEMENOS eMerge offers a real-time financial support environment for retail financial services, supporting the operational and processing requirements of the Community Banking business. TEMENOS eMerge is delivered with a full set of sample standard parameters to build and manage a wide range of Community Banking products. TEMENOS eMerge is typically deployed in a distributed environment on a Windows NT Local Area Network (LAN).
(for more information see TEMENOS)
Platform: UNIX, Windows NT/2000, Linux, OS 400, IBM z-OS OS/390
Open Standards - TEMENOS state that T24 is based on established industry standards as promoted by independent bodies and not on the particular interpretation of these standards by any particular vendors. TEMENOS T24 runs on:
Open hardware
Open database
Open J2EE application server
Open user interface through browser, HTML and XSLT
Open connectivity through XML and Web Services
Open C language code
Open Java development environment
Clients:
(IBS 2006 / Globus/T24 Total Customers 400 / Live Sites 600 / TEMENOS CoreBanking Total Customers 79 / Live Sites 45)
(IBS 2005 / Globus/T24 Total Customers 400 / Live Sites 600 / TEMENOS CoreBanking Total Customers 78 / Live Sites 45)
(IBS 2004 / Globus/T24 Total Customers 350+ / Live Sites 500+/ TEMENOS CoreBanking Total Customers 7 / Live Sites 6)
(IBS 2003 / Globus/T24 Total Customers 325 / Live Sites 500+/ TEMENOS CoreBanking Total Customers 7 / Live Sites 6)
Some clients in Asia Pacific:
ABS-CBN, Philippines
Allied Bank, Philippines
Allied Irish Bank, Singapore
AmBank, Malaysia
Amex Bank, Singapore
Anbinh Bank, Vietnam
Avenue Securities, Malaysia
Bank for Agriculture and Agricultural Cooperatives (BAAC), Thailand [CoreBanking]
Bank Muamalat, Malaysia
Bank of Shanghai, China
BankThai, Thailand [CoreBanking]
Bumiputra Commerce Bank, Malaysia and Singapore
China Merchants Bank, HK
Credit Suisse Private Bank, Singapore
Development Bank of the Philippines
Hatton National Bank, Sri Lanka
Hong Leong Bank, KL Malaysia
ICBC Beijing, China
Industrial Bank of Korea (IBK) [CoreBanking]
Jih Sun International Bank, Taiwan
Kasikorn Bank (Kbank), Thailand [CoreBanking]
Kookmin Bank, Korea
Kumari Bank, Nepal
Lehman Brothers, Korea and Japan
Machhapuchchhre Bank, Nepal
National Development Bank, Sri Lanka
Nedbank, HK
Nedcor, HK
Pan Asia Bank, Sri Lanka
Philieo Allied Bank, KL Malaysia
Philippine National Bank, Manila
Prime Bank, Bangladesh
Rabobank, Australia and NZ
RHB Bank, Labuan Malaysia
Rural Development Bank, Papua New Guinea
Sacombank, Vietnam
Samsung Capital, South Korea
Standard Bank, HK Taiwan and Korea
State Bank of Pakistan, Pakistan
Swedbank, China
TechcomBank, Vietnam
Triputra Investido Arya, Indonesia
Vietnam Bank for Agriculture and Rural Development, Vietnam
Vietnam Joint Stock Bank, Vietnam
Volkswagen Financial Services, China
Big Deals in 2006: Fortis retail banking; Deutsche Bank private banking
Big Deal in Aug 2005: HSBC global
New clients 2004:
TEMENOS has reported strong uptake in both terms of upgrades from TEMENOS GLOBUS to T24, 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
Other Indicative Clients:
SwaziBank
Capital Bank International, Lagos
Banco Ve Por Mas Institucion de Banca Multiple (VePorMas), Mexico
Turkish Bank
ING Bank (multiple sites)
Standard Offshore Bank, Jersey
Barclays Bank
Bank Julius Baer, New York
RZB, Poland
Al-Rajhi Bank and Investment Corporation, Dubai
Mashreq Bank, New York
Dresdner Bank Latinamerica AG
Bre Bank – Warsawa, Poland
Contact:
Head OffIce
TEMENOS HEADQUARTERS SA
18 Place des Philosophes
CH - 1205 Geneva
Switzerland
Tel: +41 22 708 1150
Fax: +41 22 708 1160/1165
Key Asia Pacific Contact Information
Beijing:
TEMENOS Beijing
14th Floor, IBM Tower, Pacific Century Place
2A Workers Stadium Road North, Chaoyang District, Beijing 100027,
P.R.China
Tel: +86 10 65391239
Fax: +86 10 65391060
Hong-Kong:
TEMENOS Hong Kong LTD
2109 -10 Dah Sing Financial Center
108 Gloucester Road
Wanchai - Hong Kong
Tel: +852 2866 2562
Fax: +852 2528 0345
Singapore:
TEMENOS Singapore PTE LTD
61 Robinson Road
#20-01 Robinson Centre
Singapore 068893
Tel: +65-6536 6722
Fax: +65-6538 0818
Bangkok:
TEMENOS (THAILAND) CO.,LTD
Bubhajit Building, 11th Floor
20 North Sathorn Road
Bangkok 10500
Thailand
Tel: +662 236 9392-3
Fax: +662 236 9394
Sydney:
TEMENOS Australia Pty Ltd
Level 20, Tower 2,
201 Sussex Street,
Sydney NSW 2000
Australia
Tel: +61 2 9006 3314
Fax: +61 2 9006 1010
Chennai:
TEMENOS India Pvt. Ltd.
146 Sterling Road
Nungambakkam
Chennai 600 034
India
Tel: + (91) (44) 2822 2001
Fax: +(91) (44) 2822 2099
Website: www.temenos.com
eMail: salesteam@temenos.com
