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Temenos Transact

By Temenos

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Temenos Transact Reviews & Product Details

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Temenos Transact Reviews (69)

Reviews

Temenos Transact Reviews (69)

4.5
69 reviews

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Ali R.
AR
Business Analyst
Enterprise (> 1000 emp.)
"Core Banking Application"
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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Yohanis B.
YB
Tax Officer
Enterprise (> 1000 emp.)
"Excellent banking solution"
What do you like best about Temenos Transact?

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

What do you dislike about Temenos Transact?

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

Verified User in Banking
UB
Enterprise (> 1000 emp.)
"Manage your customer data with T24!"
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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Muhammad A.
MA
Software Engineer
Small-Business (50 or fewer emp.)
"Efficient and secure Core Banking product"
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 Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Naveen Krishna K.
NK
Recruiter
Mid-Market (51-1000 emp.)
"T24 is the center of india within places like chennai after FInacle"
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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Jose G.
JG
Technical Support Associate
Enterprise (> 1000 emp.)
"Best Core Banking Software, Robust Solution"
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 Review collected by and hosted on G2.com.

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 Review collected by and hosted on G2.com.

Anuwar H.
AH
Business Consultant
Small-Business (50 or fewer emp.)
"It is very much secure and very much easier to configure to meet the customer requirements."
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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

Syed Wajahat Ali Shah B.
SB
Regional Head Operations
Enterprise (> 1000 emp.)
"Practical Experience of T24 in Banking Industry"
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. Review collected by and hosted on G2.com.

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. Review collected by and hosted on G2.com.

AA
IT Associate Applications
Enterprise (> 1000 emp.)
"I worked as t24 temenos developer"
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 Review collected by and hosted on G2.com.

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 Review collected by and hosted on G2.com.

Lisa C.
LC
Home Room Teacher
Enterprise (> 1000 emp.)
"Very likely"
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 Review collected by and hosted on G2.com.

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 Review collected by and hosted on G2.com.

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