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Article Excerpt
M2 PRESSWIRE-31 October 2005-TEMENOS: First TEMENOS T24 installation on IBM iSeries opens up new global market for replacement projects(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:31102005
GENEVA, Switzerland- TEMENOS Group (SWX: TEMN), a provider of integrated core banking systems, today announced that Turkish Bank (UK) Ltd. (TBUK) has successfully gone live with TEMENOS T24, the company's flagship modular core banking system, on iSeries servers. TBUK, a commercial banking division of Turkish Bank Group, has implemented TEMENOS T24 in all of its UKbranches and is the first bank to benefit from the system's compatibility with this IBM platform. The bank can now better control the quality and application of its customer data and increase the accuracy and timeliness of its reporting.
Bob Long, Managing Director,TBUK, says: "As a provider of retail banking services, we needed an integrated banking solution with better...
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