04 — Product · PR-580
Temenos
Core banking software for retail, business and corporate banks, centered on Temenos Transact (formerly T24): accounts, deposits, lending and mortgages defined through configurable product designers, with separately licensed modules for payments, onboarding, loan lifecycle, wealth, Islamic banking and financial crime. Offered on premises, in the bank's cloud or as Temenos SaaS.
// FIG. 04 · Capability coverage
Each tile is an L1; the bar is how many of this product's capabilities realize something beneath it. Our judgment, not a vendor claim.
Direct & Govern
Finance
People & Workplace
Customer & Market
Products & Services
Operations & Supply
Technology & Data
Resilience & Responsibility
Industry L1s
- Plant Operations0
- Production Planning & Scheduling0
- Manufacturing Quality & Compliance0
- Industrial Engineering & Continuous Improvement0
- Plant & Process Safety0
- Dealer & Distributor Network0
- Aftermarket & Service Parts0
- Platform Engineering0
- Software Product Release0
- Site Reliability0
- Developer Experience & API Ecosystem0
- Subscription & Tenant Operations0
- Product Analytics & Experimentation0
- Trust & Compliance Assurance0
- Open Source & Community0
- Merchandising & Assortment0
- Store Operations0
- E-commerce & Omnichannel0
- Category & Trade Promotion0
- Loss Prevention0
- Consumer Insights0
- Store Network & Real Estate0
- Returns & Reverse Logistics0
- Network Planning & Engineering0
- Network Build & Field Operations0
- Network Operations & Assurance0
- Subscriber Order & Activation0
- Usage Charging & Subscriber Billing0
- Content & Programming0
- Advertising Sales & Operations0
- Communications Regulatory Obligations0
- Network Planning & Investment0
- Network Construction & Field Work0
- Network Operations & Control0
- Generation & Treatment Operations0
- Metering & Meter Data0
- Utility Customer Service & Billing0
- Energy Supply, Markets & Flexibility0
- Utility Regulation & Resilience0
- Transmission System Operations0
- Water & Wastewater Networks0
- Deposits & Accounts13
- Lending & Credit13
- Payments & Cards6
- Insurance Products & Policy0
- Insurance Claims0
- Wealth & Investment Management5
- Financial Crime4
- Prudential Risk & Regulatory Reporting0
Product capabilities · 10
How to read maturity and confidence
Maturity · how much it covers
- core
- What the product is built around; the capability is covered end to end.
- strong
- Covered well, with a few gaps a buyer would notice.
- partial
- Covers part of the capability; expect to pair it with something else.
- emerging
- New or thin; on the roadmap more than in the product.
Confidence · how well it is evidenced
- Evidence confidence: high
- The vendor's own documentation describes this module doing it.
- Evidence confidence: medium
- Documented, but how far it reaches into the capability is our reading.
- Evidence confidence: low
- Our judgment; we found no public page that confirms it.
- PC-580.10
Transact Retail Accounts
Evidence confidence: highMaturity: coreCurrent, savings, fixed-term and multi-currency accounts with balance posting, interest accrual, charges and statements, kept as the bank's system of record for deposits.
- BC-1710.20.10Deposit Account Opening
- BC-1710.20.50Account Posting & Balances
- BC-1710.30.10Deposit Interest Accrual
- BC-1710.30.20Account Fee Assessment
- BC-1710.30.40Account Statements & Notices
- PC-580.20
Transact Lending
Evidence confidence: mediumMaturity: coreSecured and unsecured consumer loans and mortgages, from disbursement through repayment schedules, interest, payment posting and payoff, with a pricing engine for loan terms.
- BC-1720.10.40Loan Funding & Disbursement
- BC-1720.30.10Loan Payment Processing
- BC-1720.30.20Loan Interest & Amortization
- BC-1720.30.40Loan Payoff & Maturity
- PC-580.30
Product Designers
Evidence confidence: highMaturity: strongConfigures deposit and loan products as a hierarchy of reusable conditions, with rates, fees and offers set for an individual customer or a household rather than coded per product.
- BC-1710.10.10Deposit Product Definition
- BC-1710.10.20Deposit Rate Setting
- BC-1710.10.40Relationship Account Bundles
- PC-580.40
Transact Corporate Banking
Evidence confidence: mediumMaturity: strongBusiness and corporate account structures, liquidity arrangements, credit limits and trade products on the same core, for banks serving commercial clients.
- PC-580.50
Payments Hub
Evidence confidence: highMaturity: coreOne engine for account-to-account payments across instant, batch, high-value and SWIFT schemes, with rule-based routing, automated repair of exceptions and scheme connections for clearing.
- BC-1730.10.10Payment Instruction Capture
- BC-1730.10.20Payment Validation & Repair
- BC-1730.10.40Payment Rail Routing
- BC-1730.20.10Clearing Exchange
- BC-1730.30.10High-Value Payment Operations
- BC-1730.30.20Instant Payment Processing
- PC-580.60
Lifecycle Management Suite
Evidence confidence: mediumMaturity: strongOrigination, decisioning, collections and recovery for loan and account products, run as a layer around the core rather than inside it.
- PC-580.70
Journey Manager
Evidence confidence: mediumMaturity: partialBuilds guided digital onboarding journeys that collect applicant data and documents and hand a completed application to the core and to identity checks.
- PC-580.80
Wealth Management
Evidence confidence: mediumMaturity: strongPortfolio management, order taking and custody for private banks and wealth managers, with tools for relationship managers and a digital view for clients.
- PC-580.90
Financial Crime Mitigation
Evidence confidence: mediumMaturity: partialA product family for sanctions and name screening, payment filtering, transaction monitoring and fraud detection that can sit beside Transact or another core.
- PC-580.95
Islamic Banking
Evidence confidence: mediumMaturity: partialShari'ah-compliant deposit and financing products configured on the same core, with profit calculation in place of interest.
Sources · checked
The public vendor documentation this mapping is based on. Maturity and confidence are our judgment, not the vendor's claim.
- Temenos Transact www.temenos.com/?p=42874
- Temenos Core for Retail www.temenos.com/wp-content/uploads/2025/05/Temenos-Core-Banking-Retail-Factsheet-2025.pdf
- Products | Complete End-to-End Banking Solutions from Temenos www.temenos.com/?p=140345