Temenos Transact | Workflos AppStore

Temenos Transact

4.5

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Temenos Transact is a cloud-based banking solution used by over 1000 banks in 150+ countries. It offers a wide range of banking functionalities for retail, corporate, treasury, wealth, and payments.

Website

http://www.akcelerant.com

Developer

Temenos

HQ Location

Geneva, Switzerland

Year Founded

1993

Number of Employees

Twitter

@Temenos

Strengths

Scalability

Can handle large volumes of transactions
Flexibility

Can be customized to fit specific business needs
Security

Provides high level of security for financial transactions

Weaknesses

Complexity

Can be difficult to implement and maintain
Cost

Can be expensive for smaller organizations
Integration

May require additional integration with other systems

Opportunities

Can support expansion into new markets
Can add new features to stay competitive
Can form partnerships with other companies to expand offerings

Threats

Facing competition from other financial software providers
May face increased regulation in the financial industry
May face increased risk of cyber attacks and data breaches

Ask anything of Temenos Transact with Workflos AI Assistant

http://www.akcelerant.com

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Review Distribution

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High - rated users

Provides a very secure, reliable and convenient experience in terms of all financial transactions. Easy to learn.System should be extra intelligent for detecting errors while compilation of routines. Deployment is bit difficult with old banking systems.