Fintech
Temenos launches artificial intelligence responsible for core banking
Temenos, a leading provider of software-as-a-service (SaaS) and cloud banking, has launched its first responsible generative artificial intelligence solutions for core banking.
As part of its AI-powered banking platform, these new solutions are designed to integrate with Temenos Core and Financial Crime Mitigation (FCM), helping banks revolutionize how they interact with their data to transform efficiency, operations and product management.
Furthermore, Temenos’ Responsible Gen AI solutions can help banks realize considerable returns on their investments.
Not only are Temenos’ new solutions accountable (FCM-compatible), but they are also explainable thanks to the extensive research and development that Temenos has undertaken in support of its AI initiatives. Compliance has been key for Temenos as it has expanded, along with its own ESG commitment.
Temenos: AI-driven efficiencies for financial services
For banks, there are tangible benefits to Temenos’ new suite of Gen AI solutions. By simply engaging in natural language queries, professionals can access unique insights and reports, unlocking crucial data for stakeholders quickly.
By supporting transparency, Temenos ensures that users and regulators are quickly able to verify the results produced.
Its new solutions can be applied in customer and middle office operations or in product development, allowing banks to create products in real time based on customer preferences.
Furthermore, Temenos solutions can be deployed as standalone for banks – connecting to existing core systems – and on-premise – via any public or private cloud or delivered via Temenos SaaS.