Temenos T24 (Transact) – Core Banking

Module 1: Core Banking Fundamentals and Temenos Transact

• Core banking system overview: purpose, architecture, and market landscape
• Introduction to Temenos Transact (T24): platform history and evolution
• Transact product framework: multi-entity, multi-currency, and multi-language support
• Navigating the Temenos Transact browser interface and key application menus

Module 2: Customer Lifecycle Management

• Customer record creation and KYC data capture
• Customer classification: retail, corporate, and private banking segments
• Managing customer relationships, contacts, and linked accounts
• Customer inquiry, status management, and data amendment workflows

Module 3: Account Products and Management

• Current account and savings account product setup
• Fixed deposit and recurring deposit configuration
• Account opening workflows and mandatory field validation
• Account maintenance: limit changes, mandate updates, and closures

Module 4: Lending and Loan Management

• Loan product definition: secured and unsecured lending
• Loan origination, approval workflow, and disbursement processing
• Repayment schedule types: reducing balance, flat rate, and bullet
• Loan restructuring, prepayment, and early closure handling

Module 5: Payments and Transaction Processing

• Domestic funds transfer and interbank payment processing
• International payments and SWIFT MT103 message generation
• Standing order setup and recurring payment management
• Inward and outward payment reconciliation and exception handling

Module 6: Temenos TAFC/TAFJ Development Basics

• Understanding Temenos Application Framework Classic and Java
• Version and enquiry design fundamentals
• Input validation rules and field-level controls
• Introduction to Temenos screen customisation techniques

Module 7: Financial Accounting and Period-End Processes

• Chart of accounts setup and accounting entry framework
• Automated journal posting and GL update processes
• End-of-day, end-of-month, and year-end batch processing
• Regulatory reporting data extraction and reconciliation

Module 8: System Administration and Capstone Project

• User profile setup, security devices, and access permissions
• Temenos Transact batch job scheduling and monitoring
• End-to-end onboarding and lending simulation project
• Final assessment and course certification

Experience in the Industry Gain expertise from Temenos-certified professionals who have implemented Transact core banking solutions for retail banks, digital banks, and microfinance institutions across South Asia, Africa, and the Middle East.

Backgrounds at the Top Our Temenos Transact trainers bring hands-on project experience from Temenos implementation partners, banking technology consultancies, and in-house IT teams at leading financial institutions.

Clear & Effective Teaching Temenos Transact modules covering customer management, deposits, loans, payments, and TAFC development are taught step-by-step with real banking process context and live system walkthroughs.

Hands-On Learning Focus Students configure Transact product parameters, process end-to-end banking transactions, and complete a full customer onboarding and lending simulation using the Temenos sandbox environment.

Up-to-Date Knowledge Trainers keep content current with the latest Temenos Transact releases, Temenos Infinity digital banking integration, and open banking API standards affecting core banking platforms.