Temenos Data Hub
Empower the Temenos Core banking platform with a fully integrated and embedded data platform providing date event streaming, data engineering, and purpose built data stores for highly performant APIs, accelerated reporting, and faster time to AI.
Why Temenos Data Hub
Temenos Data Hub delivers a real-time data platform which is fully integrated and embedded within the world leading core banking product, Temenos Core.
Temenos Data Hub delivers multiple essential data capabilities which are critical to modern banks looking to fully leverage the power of the data held within the core banking platform. Out-of-the box, real-time data streaming, highly performant data engineering, and purpose built data stores provide banks with the highest quality data to power reporting, analytics, internal data systems, and AI-driven digital banking applications.
Temenos Data Hub is a next generation data management product built specifically for Temenos Core. Temenos Data Hub supports deployment to all major clouds, leverages multiple underlying database platforms, and can be deployed in as little as 30 days.
It includes 4 main integrated modules:
Enterprise Streaming
A highly scalable, elastic, distributed and fault-tolerant application to stream data events from Temenos Core. It is integrated with popular streaming platforms such as Apache Kafka, Amazon Kinesis, and Azure Event Hub.
Data Engineering
Simple to use solution to ingest and transform streaming data from Transact into downstream data models and analytical solutions. Highly performant and vertically scalable solution levering the best in class Apache Spark platform.
Operational Data Store
A real-time, highly optimized, representation of data from Temenos Transact. This data store enables banks a foundation for faster APIs and allows banks to offload reporting and enquiry workloads from Core to Temenos Data Hub.
Snapshot Data Store
A curated snapshot of banking data,that supports both intra-day incremental and end-of –day views ideal for end of day financial and operational reporting or for feeding downstream data systems such as risk management, treasury, and marketing.
Measurable Success
90 %
Reduces Core data extraction, preparation, and optimization work up to 90%
80 %
Reduce report and analytics development time by up to 80% vs. internal builds
60 %
Reduce data platform and infrastructure costs by up to 60%. by leveraging open source technologies
80 %
Potential reduction in risk and compliance data integration costs of up to 80%
“Business and IT leaders are overwhelmed by the sheer volume and variety of data at their disposal, and the cost of managing all this business intelligence. Fragmented access to enterprise data also creates a major barrier in building connected financial services. Internally aggregated data enriched by second / third party data is going to be crucial to start offering personalized services at scale. Temenos’ Data Lake announcement brings more innovation to this market and gives banks more options to consider as they decide on their approach to leveraging big data to enhance their business.”
Martin Stiller, Analyst at IDC Financial Insights