Temenos? Sehr gut!

Over there in Germany, Deutsche Bank volken announced their firm’s contract with Temenos Group, a provider of integrated core banking systems, to implement Temenos T24 in “major parts” of its Private Wealth Management business globally.

The deal is said to be the largest ever taken on by Temenos, and the implementation will cover front office and back office functions.

Temenous last year gave a big “Danke schön” to Deutsche Bank for becoming an early adopter of Temenos ARC in June shortly after that product’s launch. ARC comes complete with modules for operational and analytical CRM process workflow and channel banking.

Temenos T24 is a thin-client, scalable, integrated, modular banking system built on open service-oriented architecture and using established standards such as HTTP, XML and HTML.