Swiss software vendor Temenos Group provides integrated core banking solutions with a suite of offerings, including TEMENOS T24. Votorantim Bank, based in Brazil, recently launched a wealth management system using T24 in only seven months. According to an article published on TradingMarkets.com:

After a rigorous selection process that lasted over a year, the bank chose Temenos over its competitors i-Flex and Olympic and signed the deal in May 2007. T24 is deployed over Intel servers with an Oracle database.

Read the entire article here: Temenos Group: Votorantim Bank goes live with TEMENOS T24 Model Bank in just seven months.

Filed under: Core Banking | Leave a Comment »

City IT budgets are set for another year of growth in 2007, albeit at a slower pace than the double-digit hikes seen in 2006, according to a survey conducted by Finextra Research.

Read more »

Filed under: Core Banking, Risk, Technology, Trading, White Papers | Leave a Comment »