Temenos’ strong local presence and the shortest implementation time provided by the availability of a T24 Bangladesh Model Bank, were the major reasons to choose the platform.
Temenos Asia Pacific regional director Raju Daryani said that the firm was able to build a local model bank, leveraging experience and local knowledge, which was critical in facilitating the implementation of T24 in such a short timeframe.
Originally inked in February 2013, the deployment of the core banking technology took two months from singing to go-live.
T24 is a complete front to back office, CRM and product lifecycle management software platform that powers retail, corporate, wholesale, universal and private banking operations.
Running 24/7 and in real-time, the platform integrates comprehensive business functionality with an advanced, secure, scalable and modular architecture that makes banking operations future-proofs to meet the banking technology and market challenges.
Founded in 1993 and headquartered in Geneva, the company manages 59 offices across the globe and caters banking software systems to retail, corporate, universal, private, Islamic, microfinance and community banks, wealth managers, and financial institutions.
