Temenos Group

TEMENOS T24

5 / 5 12 reviews


Average Ratings

12 Reviews
  • 5 / 5
    Overall
  • 4.5 / 5
    Ease of Use
  • 4.5 / 5
    Customer Service

Product Details

  • Starting Price
    Not provided by vendor
  • Deployment
    Cloud, SaaS, Web
    Installed - Windows
    Linux/Unix
    Other
  • Support
    24/7 (Live Rep)

Vendor Details

  • Temenos Group
  • www.temenos.com
  • Founded 1993
  • Switzerland

About TEMENOS T24

24-hour real-time banking application that provides multiple application server support to a number of users.


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TEMENOS T24 Features

  • ATM Management
  • Brokerage
  • Compliance Management
  • Core Banking
  • Credit Card Management
  • Credit Union
  • Investment Banking
  • Lending Management
  • Multi-Branch
  • Offshore Management
  • Online Banking
  • Private Banking
  • Retail Banking
  • Risk Management
  • Securities Management
  • Teller Operations
  • Transaction Monitoring

TEMENOS T24 Reviews Recently Reviewed!


Efficient Banking Application

May 09, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: I work as a bank teller and our organization has used T24 for the last two years. We are currently on R11 and are planning to upgrade soon to R17. The system has a lot of useful features that support core banking functions. It is also scalable and can support hundreds of users

Cons: T24 license and support costs are quite high. The current version that we are on does not have offline capability which is inconvenient during network downtime

Overall: Effective Core Banking System with scalability and rich functionality

comment about t24

Aug 03, 2016
5/5
Overall
5 / 5
Ease of Use
3 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: speed

Overall: comment from cbe
t24 is a wonderful banking software i have ever seen in my life ,though its own limitation when do we have a network fragmentation ,the system totally eliminate the offline system. so no way to handle customer manually

Reliable core banking system

May 24, 2018
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
4 / 5
Customer Support
4 / 5
Value for Money

Pros: T24 is a market leader in core banking systems in Africa for a number of reasons such as
-Easily configurable to suit business workflows
- Ability to get skilled resources/partners
-Covers huge range of retail and corporate banking features

Cons: T24 does not support offline processing. This is inefficient whenever the bank or branch experiences a network downtime

Capterra-loader

T24 is one of the best banking softwares i have ever come across. Great UI and nice functionalities.

May 10, 2018
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
4 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: TEMENOS T24 provides the best core banking system. It has been in use long enough and incorporating all the relevant features suitable for the banking industry.

Cons: There is normally downtime especially when there are many users logged in. This may result to slow processing speeds and transaction backlogs thus requiring a financial institution to invest in an offline solution.

Overall: An efficient and robust banking software rich in functionalities. It has considered security features making it very ideal for the banking sector.

Efficient and robust banking application

Apr 24, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
4 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: Temenos T24 is an effective banking application that is well-planned to serve the needs of the banking industry with it's features and functionalities.

Cons: The application can be unstable and slow, especially when many users are logged on to the system, resulting in slow processing and high transaction backlogs.

Overall: Easily configurable features

Practical and easy to use software

Mar 07, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: I love working with T24. It is a really function and logically designed piece of software. Moving from area to area within the platform flows well and makes sense. Search functionality is really well designed as well.

Cons: There wasn't much I have to complain about with T24! It was a little tricky to learn but that is often the case when faced with a new program or system. It really is quite well designed.

Overall: Ease of use, great functionality, accurate data.

Good company

Aug 06, 2018
4/5
Overall
4 / 5
Ease of Use
4 / 5
Features & Functionality
3 / 5
Customer Support
3 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: Super easy to use. It¿s fast and most of the random features we want, it has. Makes mortgage fundings easy.

Cons: When we receive a disbursement error, it¿s not easy to read the error it gives you. We spend a lot of time figuring out and pushing buttons trying to figure out what went wrong.
During implementation, they took forever getting our cases worked through. They kept pushing our go live date. They moved it about 3-4 times.

Capterra-loader

Great features and functionalities. Easily integrated with third party systems.

May 03, 2018
4/5
Overall
5 / 5
Ease of Use
4 / 5
Features & Functionality
5 / 5
Customer Support
3 / 5
Value for Money
Likelihood to Recommend: 7.0/10 Not
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Pros: The system is easy to use , has great user interface and great functionalities that enable users carry out bank related transaction and processes with much ease.

Cons: During high usage, system seems to be slow in terms of processing transactions, uploading documents and load time.

Overall: 1.Great user interface
2. Best functionality as far as banking is concerned
3. Technical features are superb and up to standard
4. Easily customized

Best Core application I ever used and supported. It is wonderful.

Jul 03, 2016
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros: How it manages securities and Investment

Cons: Giving us another opportunity to work from back end

Overall: The beauty of technical and function features is awesome. It is very flexible and can do whatevr you want and very robust. I love it.

Capterra-loader

Great

Jul 12, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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Pros: This system is fast and easy to use. I was able to teach my staff within hours how to process an entire loan.

Cons: Occasionally the disbursement errors are hard to figure out. Eventually you will catch on and know what to fix.

Overall: Ease of use is the biggest benefit. Learning and teaching this system is a breeze.

Capterra-loader

Perfect, I simplify life is a wonder in every way, every day I like more and more really

Jun 11, 2018
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
4 / 5
Customer Support
4 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not
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Pros:
it's easy it's intuitive, it's fast, its interface is wonderful because of the combination of colors and its easy reading with having a medium knowledge of applications is enough to know how to handle it

Cons:
Although for me it is perfect, perhaps the only detail is that sometimes if the connection is a bit slow it has flaws but it is something that gets out of hand

Overall:
Wonderful, spectacular is great in every way

Capterra-loader

Function rich and efficient software

Apr 26, 2018
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 8.0/10 Not
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Pros: Great user interface making the user journey to be easy and fun to use.
Rich functions that allow for users to accomplish many banking related tasks easily without much difficulty.

Cons: Experiences slow load time whenever there is a a lot of traffic to the system on occasions and really irritates users

Overall: Speed and efficient functionality