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Temenos (SIX: TEMN), the market leading provider of mission critical solutions to the financial services industry, announces that Banque Raiffeisen, Luxembourg, has gone live on T24, its award-winning core banking system, as part of the bank’s transformation programme to move away from legacy mainframe-based applications to a modern, scalable system. Banque Raiffeisen selected T24 to provide a centralised, front-to-back office core banking platform. The bank required a single, integrated core banking platform that would allow new and innovative products to be launched in the quickest possible time, to assist in further developing its private banking offering, and to optimise internal processes to ensure banking best practice.
In implementing T24, Raiffeisen has...
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