Data

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.

Overview

Turn the lead weight of data into a golden opportunity: manage it, unlock it and extract value from it

"Temenos' Data products provide banks with a unified data platform that helps them deal with the massive data volumes of the digital banking era by efficiently managing their data, unlocking and better accessing their data, and extracting value from their data."

Key Features

Our Data offering makes your bank much more scalable, productive, and competitive. Most importantly, it enables you to strengthen your customer-centricity and support business decisions even when the volume of business data is growing fast. Our Data products and framework are for you if you are seeking enhanced:

  • Scalability: the ability to efficiently process massive volumes of both transactions and reporting queries without increasing costs, thereby preserving the quality of the customer and business user experience as your business grows
  • Productivity: the ability to support advanced near-real-time reporting capabilities that provide business decision-makers with value-adding perspectives, and to provide customers with fast responses to online queries
  • Competitiveness: the ability to exploit your business analytics solution to its fullest capabilities with near-real-time data, enabling you to action valuable insights and offer highly tailored and proactive products and services to your customers

"In tests at a Tier 1 bank, upon deployment, the Data Lifecycle Management product reduced the size of the live Core Banking database by 70%."

Key Benefits

Our Data offering consists of products and also proposes an optimal way (framework) in which to deploy them in the bank.

  • The Data Lifecycle Management product enables banks to efficiently manage their Core Banking data while preserving easy access to all data for query purposes. It prevents the live Core Banking database from bloating and degrading transaction and query performance.
  • The Reporting Model products enable banks to improve access to data for query and reporting by business users and end-customers, by providing a series of query-optimized data models which are updated in near-real-time with the latest transaction data.
  • The Analytics Integration product helps the bank extract value from its transaction data in near-real-time i.e. transform the data into actionable customer and business insights. It uses the Reporting Models as the source of data which is fed in near-real-time to the Analytics solution.
  • Deployed together, these three products provide your bank with a fully integrated platform for managing, accessing and extracting value from its Core Banking data