Dresdner Kleinwort has chosen Temonos 24 (T24) Model Bank, which includes pre-configured products and processes for banking best practice to reduce implementation time, increase RoI, minimize customization and lower project risk.
T24 is built on open system principles, and uses established technology standards such as HTTP, XML and HTML. It offers a single client view across the enterprise and can support large numbers of users with true nonstop resilience. Its fully-integrated architecture enables it to offer a significant cost advantage compared to other competing products. It offers multiple application server support and is the only system available with no end-of-day batch processing and so can genuinely boast of providing real-time 24/7 non-stop banking.
Andreas Andreades, CEO, Temenos, said: The fact that T24’s Single Euro Payments Area (SEPA) functionality was important to this deal proves SEPA is causing banks to re-evaluate their payments and cash management systems. Dresdner Kleinwort joins a number of other prestigious international cash management users of the T24 system, demonstrating that our significant investment in this area has proved to be attractive.
