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The very essence of Temenos’ uniqueness is that it delivers solutions, which are open, extensible, scalable, and high performing. Built on an advanced architecture, Temenos’ RetailSuite solution offers a more convenient finance management option for its customers. RetailSuite, which can be run on a wide range of stacks, in any application server, is a combination of Temenos’ agile core banking platform and powerful analytics tools, distributed across all digital channels including mobile phones and personal computers.
By harnessing the data collected from the bank, the system helps in building a better understanding of their end consumers and developing products and services faster. RetailSuite comprises core banking, analytics and reporting, front office, risk and compliance, and payment functionalities. As a result, it delivers customer-centric banking, facilitating banks to remain competitive in the ever-changing retail banking landscape.
Temenos is transforming retail banks’ businesses with its integrated banking software solution for banks of all sizes
With technologies like IoT, big data, and AI making their way into the global financial sector, more convenience in everyday transactions is expected, along with easier scalability, lower cost, and reduction in operational complexity for the banking institutions. Milestones like the recent recognition by Gartner as a leader in Magic Quadrant for Global Retail Core Banking 2017, for the eighth consecutive time, certainly proves Temenos’ path of continuous enhancement in the retail banking landscape. The key to driving higher profitability, the company believes, is its end-to-end, integrated solution. Offering the right products at the right time, Temenos helps its clients offer “experience-driven banking,” personalized for individual customers. The company’s core banking platform being the best-seller in the market for the last fifteen years promises its commitment toward delivering improved solutions to retail banks, with changing customer expectations, emerging competitors, and evolving technologies.