Temenos, a banking software company, has launched Temenos Transact Data Hub, a real-time data platform that is integrated and embedded within Temenos Transact.
The new data hub will provide multiple data capabilities for modern banks to help leverage the data held within the core banking platform.
Data is the main source of customer, product, and transactional data, which drives everything from customer engagement to effective risk management.
Temenos Transact Data Hub supports deployment on cloud platforms and leverages many database platforms including Azure SQL, SQL Server, Postgres, Oracle, NuoDB, and others. Temenos Transact Data Hub is also available via SaaS from the Temenos cloud.
In addition, Temenos said it can be deployed remotely in around 30 days.
Todd Winship, product director of Temenos, said: “Temenos Transact Data Hub provides the best-embedded data platform in the industry. By combining Temenos’ 25 years of innovation, building world-class packaged banking software with the latest advancements in big data and analytics; we provide banks with the foundational technologies to help them realise the power of data, analytics, and AI to transform their business and make banking better for customers.”
