Localization project of TEMENOS T24™ system has begun

AT Consulting Group and TEMENOS Company are proud to announce the beginning of the joint project, aimed for formatting and further development of the localized version of the automatic core banking system TEMENOS T24™.

TEMENOS T24™ system is one of the leading solutions on the banking market that combines wide and flexible set of functions with scalable architecture. As per partner agreement between TEMENOS Company and AT Consulting group the localization of TEMENOS T24™ system includes further adaptation of the software for the requirements of the Russian fiscal legislation.

Being a consulting partner for TEMENOS Company, AT Consulting Group is to assist in design and development of the “Russian platform” for TEMENOS T24™.

Currently a number of adaptations have been already made in course of T24™ system localization project. The most important feature of the “Russian platform” is that no adaptations affect the system kernel. AT Consulting Group and TEMENOS Company partnership assists the T24™ user greatly, as AT Consulting brings in the knowledge of the local conditions (primarily concerning), while TEMENOS guarantees correct integration for the “Russian platform” with the current release and future versions of the T24™ system.

Sergey Metelskyi, Head of the TEMENOS in CIS and Baltia, said: “We consider the TEMENOS T24™ localization as an integral and important part of our global strategic activity on the Russian market. The project is intended to provide our current and potential clients with the system fully compliable with the Russian legislation”.

“We are glad TEMENOS Company trusted us with realization of such a significant project, — said Sergey Shilov, General Manager for AT Consulting Group, — our experience in banking lets us say, that the project is going to be a success“.

About Temenos

Founded in 1993, Temenos Group AG is a provider of integrated modular core banking systems to over 600 financial institutions in more than 110 countries worldwide. Temenos software provides banks with a single, real-time view of the client across the enterprise, enabling banks to maximize returns while streamlining costs. Whether providing 24/7 functionality to the wholesale, retail and private or universal banking sectors, partnering with central banks on core system replacement, or working with the World Bank on solutions for the emerging markets, Temenos knows banking. The company has a transparent approach to its operations and brings to bear its experience, expertise, commitment and professionalism on every project. Headquartered in Geneva, Switzerland, the company has 43 offices in 33 countries and is listed on the main segment of the SWX Swiss Exchange (TEMN). For more information, please visit www.temenos.com