Temenos Transact

Deployment

WindowsMacWeb-based

Best for

SmallMediumLarge

Overview

About Temenos Transact

Temenos Transact is a banking systems management solution designed to help banks and financial institutions create customizable product offers as well as reward schemes, and manage mortgages, retail credits, broker commissions, and more on a unified interface. The platform also enables administrators to analyze corporate customer needs and behavior to provide credit facilities, automate regular payments, manage cash, and trade finance.

At a glance

Software information

Industries served, licensing and the support Temenos Transact provides.

Licensing

  • Quote Based

Support

  • Online (Ticket)

Training

  • Help Guides
  • Blogs
  • On-Site Training

Knowledge Base

  • Help Guides
  • Blogs
  • On-Site Training

Review analytics

What customers report

5.0
Based on 2 verified reviews
Ease of use5.0
Features & functionality5.0
Customer support4.0
Value for money4.0
Integrations4.5

What users like the most

  • A fantastic user interface and many features take care of most of our banking needs
  • It also accommodates a large number of users, which is another outstanding benefit
  • If you have the recommended hardware and software, performance right out of the box is excellent

What users like the least

  • If you can't adapt your business practices to the model bank, customizing the app can be time-consuming and occasionally very inefficient financially.
  • Due to Temenos T-24's high implementation costs, small and medium-sized financial institutions find switching challenges

What users say

Review Analytics of Temenos Transact

Every review is verified through Goodfirms before it's published.

5.02 Verified Reviews
Ease of use5.0
Features & functionality5.0
Customer support4.0
Value for money4.0
Integrations4.5
Review Summary
Drawn from 2 verified reviews
A fantastic user interface and many features take care of most of our banking needsIt also accommodates a large number of users, which is another outstanding benefitIf you have the recommended hardware and software, performance right out of the box is excellent
Detailed Reviews of Temenos Transact
Sort ByWrite a Review
Tyler Garns, CEO at Box Out MarketingVerified Review
Posted on Sep 30, 2022

“Temenos Transact performs most banking operations with or without help –increasing efficiency”

Overall rating5.0
Ease of use5.0
Features & functionality5.0
Customer support4.0
Value for money4.0
Integrations5.0

In my business, Box Out Marketing, the banking software we use provides security for all client transactions is Temenos Transact. It provides ease of exploration, which make clients choose their bank and perform most banking operations with or without help –increasing efficiency. We have used Temenos Transact for years, and this software never let us down. It enables over 1000 banks for customers to choose for payment, a plus point for our company. They use agnostic technology that makes this app provide a wide range of banking functionality across retail and payment with numerous banks in different countries to innovate products and services to the customers.

Brian Jones, CEO and Founder at Best in EdmontonVerified Review
Posted on Sep 29, 2022

“Temenos Transact is very essential for us because it is trustworthy and secure.”

Overall rating5.0
Ease of use5.0
Features & functionality5.0
Customer support4.0
Value for money4.0
Integrations4.0

We Best in Edmonton use Temenos Transact. It is used or our banking functionality, including loans, treasury, and retail. We primarily use it for payments and retail banking because Temenos cloud's innovative and quick approach prevents us from reaching a wide range of our customers. Reports are accessible at any time. It is very simple to add new functionality or customize, and deployment is not a big deal from a development standpoint.

Capabilities

Temenos Transact features

The full feature set, grouped by module.

Banking Software

  • Compliance Tracking
  • Customer Portal
  • Financial Accounting
  • Investment Banking
  • Loan Management
  • Multi-Currency
  • Online Banking
  • Payments & Transfers
  • Private Banking
  • Retail Banking
  • Risk Management
  • Security Management
  • Transaction Tracking

Plans

Temenos Transact pricing

Free Version
No
Payment Frequency
Quote Based

Media

Screenshots & video

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