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February 9, 2006

Tenemos offers upgrade solution for Equation users

Switzerland's Tenemos, a provider of integrated core banking systems, has released a pre-customized version of Tenemos T24 that is said to provide users of Equation, a retail banking software product from Misys, a quick, efficient upgrade.

By CBR Staff Writer

The company says, by selecting Tenemos T24 rather than upgrading their incumbent solution, Equation users can access a technically and functionally rich system while benefiting from a low risk, cost efficient and fast-tracked implementation. It described Tenemos T24 as a functionally rich, thin client, scalable, integrated, modular banking system.

Andreas Andreades, CEO, Tenemos, said, We are pleased to have had the opportunity over the past few months to identify and implement a fast, low risk and cost effective migration process for users of Equation. We are very pleased that today we can make this pre-packaged version of Tenemos T24, a technologically advanced system, generally available.

Tenemos says Hong Kong’s Bank of East Asia, chose this route to upgrade from its Equation legacy system and the BEA implementation project is acting as a pilot scheme for the pre-customized version of Tenemos T24.

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