Temenos Core 2026: Benefits, Features & Pricing

Software Advice offers objective insights based on verified user reviews and independent product and market research. When our advisors match you to a software provider, we may earn a referral fee.

How Software Advice ensures transparency

Software Advice lists all providers across its website—not just those that pay us—so that users can make informed purchase decisions. Users can talk to our advisors for free to receive software recommendations matching their needs. Software providers pay us for sponsored profiles to reach users interested in their products.

How Software Advice verifies reviews

Software Advice carefully verified over 2 million reviews to bring you authentic software experiences from real users. Our human moderators verify that reviewers are real people and that reviews are authentic. They use leading tech to analyze text quality and to detect plagiarism and generative AI.

Independent research methodology

Researchers at Software Advice use a mix of verified reviews, independent research, and objective methodologies to bring you selection and ranking information you can trust. While we may earn a referral fee when you visit a provider through our links or talk to an advisor, this has no influence on our research or methodology.

Wondering if Temenos Core is right for your organization?

Our Financial Risk Management Software selection experts can help you in 15 minutes or less.

On this page

Overview
Pricing and Plans
Features
Integrations
User Reviews

Overview

Temenos Core

4.5

(57)

Pricing

Pricing available upon request

About Temenos Core

Temenos Transact is a cloud-based core banking solution, which helps organizations across retail, finance, corporate and various other banking sectors launch products while optimizing the operational costs.

The application enables professionals to manage the entire product lifecycle and cross-sell them to new or existing customers. Banks can create personalized reward schemes or offers at the individual or household level.

Temenos Transact also enables banks to bundle various products according to different customer segments using interest compensation schemes and offset credit products.

Temenos Core Screenshots

Temenos Core Pricing and Plans

Starting price: Connect with an advisor for pricing

Free Trial

Free Version

Basic

Pricing available upon request

No plan information available

Confused about pricing? We've got you covered.

Get a personalized pricing breakdown tailored to your specific needs—no guesswork, no generic estimates.

Temenos Core Features

Popular features found in Financial Risk Management
Credit Risk Management
Loan Portfolio Management
Operational Risk Management
Portfolio Modeling
More features of Temenos Core
Activity Dashboard
API
ATM Management
Cash Management
Compliance Tracking
Core Banking
Corporate Banking
Credit Union
Customer Accounts
Data Management
Data Security
Electronic Payments
Investment Banking
Lending Management
Multi-Branch
Offshore Management
Online Banking
Online Payments
Private Banking
Real-Time Analytics
Real-Time Data
Reporting/Analytics
Reporting & Statistics
Retail Banking
Risk Analysis
Risk Management
Role-Based Permissions
Secure Login
Securities Management
Third-Party Integrations
Transaction Management
Transaction Monitoring
User Management
Workflow Management

Temenos Core Integrations

Microsoft Power BI

Plaid

Tableau

Temenos Core User Reviews

Overall Rating

4.5

Ratings Breakdown

58%

37%

Secondary Ratings

Ease of Use

4.5

Value for money

4.3

Customer support

4.1

Functionality

4.5

Hasan S.

Verified reviewer

Banking

1001-5000 employees

Used daily for more than 2 years

Review source

Reviewed June 2021

Temenos T24

It's been 4 years that I am using this software and I have found it really useful in many aspects. It has made the banking solutions much easier. For example, AA module which is a component based Architecture enabled us to handle multiple products like Lending, Securities and Retail.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The most useful feature of this product is that it provides a very secure, reliable and convenient experience in terms of all financial transactions. Without any doubt, Temenos is the world's best banking software. It is easy to learn. Although, integration with old legacy systems is quite difficult but not impossible.

Cons:

System should be extra intelligent for detecting errors while compilation of routines. Sometimes it gets tricky to find a simple error that system should has to trace itself. Deployment is bit difficult with old banking systems.

Reasons for choosing Temenos Core

It is a more powerful tool than all other banking software's.

Jop L.

Verified reviewer

Banking

5001-10000 employees

Used daily for more than 2 years

Review source

Reviewed February 2024

Flexible product when implemented right !

Overall, Transact (which I know since it was called Globus and t24) is a mature product and most of the functionality is stable. I know banks which have been running the product for > 25 years and who benefit from periodical upgrades. Implementing the product is a great experience if it is a greenfield project and if the implementation team is selectively hand picked.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

- The wide range of financial products and services supported - The ease of integration with other products (market data, order management platforms etc) - The ease of bank specific customisation / localisation

Cons:

- Some business support functions have not evolved to well in line with market changes; e.g. Swift MX/ISO20022 is very late. - The

Reasons for switching to Temenos Core

Former core banking systems were really reaching obsolescence, Need for more integrated single client view and portfolio management

Verified

Reviewer

Banking

51-200 employees

Used weekly for more than 2 years

Review source

Reviewed May 2023

Temenos T24 User : Appears to be a strong option but is not adaptable , and support is weak

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The interface is basic but easy to use. Layout is well organised and accessible. The corresponding customer User app is also clean and easy to use.

Cons:

The program has been ill suited to the retail banking features we required. Some reports have been inaccurate, Development has not been seamless and adapting the software to our needs has been problematic. Support does not appear to understand the requirements demanded.

Matthias S.

Verified reviewer

Information Technology and Services

51-200 employees

Used daily for more than 2 years

Review source

Reviewed September 2022

The best Core Banking Software out there.

I have used it as an end user, as a support, admin, as well as customized it to an extent. It is flexible and feature-rich core banking software. No wonder why its chosen by most of the leading banks around the globe.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Easy to use Rich functionalities Secure Robust Great Support Tailored to country model banks

Cons:

A bit expensive but considering the range of functionalities that it provides, it is understandable.

Reasons for choosing Temenos Core

Security, Robustness, Ease of Use, Support, Wide range of functionalities ...

Muhammad Usman A.

Verified reviewer

Financial Services

51-200 employees

Used daily for more than 2 years

Review source

Reviewed March 2023

Temenos Transact - A complete solution for your Banking Needs

Great

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Its a solution which fulfills all your banking needs by having a strong core solution and ability to interact with muliple soltuion to provide flexibility.

Cons:

The graphical interface of Temenos is too basic and reporting element of Temenos Transact is not much appealing and they can work on that

Reasons for choosing Temenos Core

Cz of it strong core and treasury soltuions and strong support system GCC

Tsige Bayray K.

Verified reviewer

Banking

1001-5000 employees

Used daily for more than 2 years

Review source

Reviewed April 2023

Temenos Review from Dedebt Microfinance

Microfinance loan and saving products are solved by the system.

Ratings Breakdown

Ease of use

Functionality

Pros:

As microfinance institution the group lending management is very effective for our purpose beyond the bank overall activities.

Cons:

Expensive specially for microfinance institutions.

Reasons for choosing Temenos Core

Because of handling microfinance activities are in the Temenos Transact is better than the Flexcube. And the cost of the system is based on the user rather in account base.

Mohamed H.

Verified reviewer

Banking

1001-5000 employees

Used weekly for more than 2 years

Review source

Reviewed January 2025

20 years of Temenos experience

The best scalable flexible product in the market

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

It’s flexibility and the new modules like TPH & Iris and how easily now we can upgrade with business disruptions

Cons:

the long time sometimes it take to fix a bug also lately the support is not at all good

George N.

Verified reviewer

Financial Services

51-200 employees

Used daily for more than 2 years

Review source

Reviewed August 2023

Temenos Transact is 'the best among co-equals'

Its a very Good Product. No doubt about it.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

The system offers tools for managing customer accounts, providing a 360-degree view of customer relationships, and enabling personalized services, enhancing customer satisfaction.

Cons:

Support is sometimes slow to respond to issues in a timely manner

Reasons for choosing Temenos Core

Scalability, Customization and Adaptability

Saad I.

Verified reviewer

Banking

1001-5000 employees

Used daily for more than 2 years

Review source

Reviewed June 2021

Temenos T24 - All that Banking Needs

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Temenos T24 is an excellent banking solution that comes with a lot of important built-in features that core banking operations require. It comes with its own development framework which is one of the key factors looked upon by banks acquiring core banking solutions, as it cuts down any vendor based customization cost, which can be catered in-house. Also the support available by Temenos round the clock gives immense confidence on this product.

Cons:

Some of the extensions of T24 launched in the marked do not have support available widely round the globe, like the Internet Banking Channel. This sometimes create a hurdle to incorporate rapidly changing requirements in the world of online banking.

Reasons for switching to Temenos Core

The legacy system topology consisted of multiple systems integrated with each other which together served the purpose of covering all banking needs of the Bank, which made it difficult to manage. With Temenos T24, we eradicated this problem as one and unique system was implemented that full filled all the major banking needs of today.

Abid S.

Verified reviewer

Banking

5001-10000 employees

Used daily for more than 2 years

Review source

Reviewed March 2020

Best Core Banking Software

The Temenos T-24 Transact is absoultely the best core banking software in the financial industry. Many of the world top banks and financial institutions are using temenos due to its reliability as it provides all financial solutions at one platform.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Temenos T-24 Transact has all the necessary tools which requires to manage front and back end of banking operations. I am using R-13 version of this software from last 8 years and effeciently managing the branch banking operations. While using Temenos i can provide quick and best services to my customers such as Cash Deposit & Withdrawl Transactions, Bulk Salary Posting, Issuance of Financial Instruments, Locker Operations & Account Opening. The Temenos provides realtime analytics and reports which allows the user to make decision fast. Financial Institutions can stores customer information in a very secure way and quickly access it whenever requires. The cloud acceptibility is also the one of the top features of Temenos which gives it edge over other products.

Cons:

The Temenos T-24 Transact should have offline mode as when the network is slow it takes time to post transactions. The Cost of implementation of Temenos is too expensive for small and medium size financial institutions.

Showing 1 - 10 of 57 Reviews

See All Reviews