Temenos, the global provider of banking software, today announced the availability of TEMENOS T24 (T24) on the Microsoft Windows Azure platform, making T24 the first core banking system to go into production with customers on Azure. This technological development builds on Temenos’ experience of core systems applications in hosted environments and will offer far reaching operational and financial gains to certain banking markets across the globe.
- The combination of T24 and the Windows Azure platform, including SQL Azure, allows banks to remove the high datacenter costs associated with running a multi-application environment by moving these operations to a consumption based pricing model.
- Banks will no longer need to expend time and budget on provisioning and operating hardware resources, as running T24 natively on the Windows Azure platform enables them to scale resources effectively and increase volume according to customer demand.
For more information about today’s announcement please check out the following resources: