Two US-based banks, National Bank of Andrews and AimBank, have selected T24 core processing platform, developed by Temenos USA, to drive business growth and improve efficiency.
The web-based T24 platform features Service Oriented Architecture (SOA) design that allows it to easily integrate with other channels, thereby offering real-time processing and reducing costs.
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Temenos USA regional director, David Brasfield, said the signing of these two new community banks increases their already strong momentum and illustrates the breadth of the combined Temenos and TriNovus offering, with all of their products offered on a low cost, pay-as-you-go SaaS basis.
"The rationale was to combine Temenos’ best in class solutions for core banking, BSA/AML and business analytics with TriNovus’ market-leading solution for regulatory compliance, and we’ve proven this rationale. We look forward to working with all of our new customers to drive growth while at the same time improving efficiencies," Brasfield added.
National Bank of Andrews CEO, Russell Shannon, said the Temenos T24 core banking system and the integration of Insight Business Intelligence and the BSA/AML Compliance Suite will allow them to achieve multiple business objectives from an operational perspective and enable better customer experiences.
In addition to T24, Temenos also offers a range of solutions such as business intelligence, compliance solutions and services, vendor management and social media monitoring.
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