---
description: Review of Temenos Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice New Zealand.
image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png
title: Temenos | Reviews, Pricing & Demos - SoftwareAdvice NZ
---

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# Temenos

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> Temenos Core Banking helps banks and credit unions modernize complex legacy environments, simplify operations, and bring new products to market faster. Trusted by over 950 financial institutions, Temenos combines banking expertise, cloud scale, embedded intelligence, and continuous investment into the Temenos Banking Platform to help organizations turn technology investment into real results. Whether improving operational efficiency, accelerating growth, or enhancing customer experiences, banks rely on Temenos to modernize with confidence.&#10;&#10;Key benefits&#10;&#10;●&#9;Modernize at your own pace: replacing core capabilities incrementally and reducing transformation risk.&#10;●&#9;Launch products faster: built-in intelligence that accelerates innovation and enables personalized experiences.&#10;●&#9;Reduce complexity with a single platform to support multiple lines of banking.&#10;&#10;Future-proof operations on a cloud-native platform backed by continuous investment, built-in intelligence, and innovation.
> 
> Verdict: Rated **4.4/5** by 69 users. Top-rated for **Likelihood to recommend**.

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## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **4.4/5** | 69 Reviews |
| Ease of Use | 4.4/5 | Based on overall reviews |
| Customer Support | 4.1/5 | Based on overall reviews |
| Value for Money | 4.2/5 | Based on overall reviews |
| Features | 4.4/5 | Based on overall reviews |
| Recommendation percentage | 80% | (8/10 Likelihood to recommend) |

## About the vendor

- **Company**: Temenos Group
- **Location**: SWITZERLAND, Switzerland
- **Founded**: 1993

## Commercial Context

- **Pricing Details**: Contact Temenos Group for pricing details.
- **Target Audience**: 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Windows (Desktop)
- **Supported Languages**: English
- **Available Countries**: Australia, Canada, France, Germany, Ireland, Italy, Mexico, Netherlands, New Zealand, Singapore, South Africa, Switzerland, United Arab Emirates, United Kingdom, United States

## Features

- ACH Payment Processing
- AI Copilot
- API
- ATM Management
- Accounting
- Accounting Integration
- Activity Dashboard
- Activity Tracking
- Alerts/Escalation
- Alerts/Notifications
- Amortisation Schedule
- Approval Process Control
- Audit Management
- Audit Trail
- Authentication
- Auto Loans
- Automated Decisioning/Underwriting
- Automatic Funds Distribution
- Background Screening
- Behaviour Tracking

## Integrations (3 total)

- Microsoft Power BI
- Plaid
- Tableau

## Support Options

- Email/Help Desk
- FAQs/Forum
- Knowledge Base
- Phone Support
- 24/7 (Live rep)

## Category

- [Treasury Software](https://www.softwareadvice.co.nz/directory/4324/treasury/software)

## Related Categories

- [Treasury Software](https://www.softwareadvice.co.nz/directory/4324/treasury/software)
- [Online Banking Software](https://www.softwareadvice.co.nz/directory/4184/online-banking/software)
- [Financial Risk Management Software](https://www.softwareadvice.co.nz/directory/4165/financial-risk-management/software)
- [Payment Processing Software](https://www.softwareadvice.co.nz/directory/4526/online-payment/software)
- [App Building Software](https://www.softwareadvice.co.nz/directory/4598/app-building/software)

## Alternatives

1. [Crowded](https://www.softwareadvice.co.nz/software/361226/crowded-me) — 4.2/5 (34 reviews)
2. [Qonto](https://www.softwareadvice.co.nz/software/446773/qonto) — 4.5/5 (269 reviews)
3. [SBS Core Banking](https://www.softwareadvice.co.nz/software/442042/sbp-core-banking) — 3.8/5 (6 reviews)
4. [Serrala Suite](https://www.softwareadvice.co.nz/software/373513/serrala-suite) — 4.2/5 (38 reviews)
5. [Tipalti](https://www.softwareadvice.co.nz/software/356595/tipalti) — 4.5/5 (178 reviews)

## Reviews

### "Temenos Transact is 'the best among co-equals'" — 5.0/5

> **George** | *29 August 2023* | Financial Services | Recommendation rating: 9.0/10
> 
> **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
> 
> Its a very Good Product. No doubt about it.

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### "My Review on Temenos Core" — 5.0/5

> **Roberta** | *3 January 2025* | Health, Wellness & Fitness | Recommendation rating: 10.0/10
> 
> **Pros**: Handling finances accounts with Temenos Core is outstanding. The tool has a number of menu options that helps in management of accounts from opening to closure. Integrates well with the CRM for notifications and supports online transactions.
> 
> **Cons**: Its a complex solution although its reliable.

-----

### "Temenos T24 User : Appears to be a strong option but is not adaptable , and support is weak" — 3.0/5

> **Verified Reviewer** | *17 May 2023* | Banking | Recommendation rating: 4.0/10
> 
> **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.

-----

### "Flexible product when implemented right \!" — 4.0/5

> **Jop** | *22 February 2024* | Banking | Recommendation rating: 9.0/10
> 
> **Pros**: - The wide range of financial products and services supported&#10;- The ease of integration with other products (market data, order management platforms etc)&#10;- 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.&#10;- The
> 
> 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 \&gt; 25 years and who benefit from periodical upgrades.&#10;Implementing the product is a great experience if it is a greenfield project and if the implementation team is selectively hand picked.

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### "Temenos Transact - A complete solution for your Banking Needs" — 4.0/5

> **Muhammad Usman** | *23 March 2023* | Financial Services | Recommendation rating: 9.0/10
> 
> **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
> 
> Great

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## Links

- [View on SoftwareAdvice](https://www.softwareadvice.co.nz/software/263029/temenos-transact)

## This page is available in the following languages

| Locale | URL |
| en | <https://www.softwareadvice.com/banking-systems/temenos-transact-profile/> |
| en-AU | <https://www.softwareadvice.com.au/software/263029/temenos-transact> |
| en-GB | <https://www.softwareadvice.co.uk/software/263029/temenos-transact> |
| en-IE | <https://www.softwareadvice.ie/software/263029/temenos-transact> |
| en-NZ | <https://www.softwareadvice.co.nz/software/263029/temenos-transact> |

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