Unlocking Real-Time Intelligence: The Power of Temenos Event Streaming
Temenos Event Streaming is a function within Temenos. It is a feature of the Temenos platform that allows real-time data processing and an event-driven architecture. It allows for the constant flow of data across various applications, systems and processes within an institution of finance, providing instant responses to events that occur in real time such as customer transactions, transaction interactions, as well as system updates.
Key Features and Benefits:
Real-Time Data Processing lets banks handle data stream processing in real time, providing immediate insight into customer transactions as well as account activity, as well as the management of risk.
Event-Driven Architecture triggers actions that are triggered by real-time events like transactions approvals, fraud detection or customer notifications increasing the effectiveness of your operations.
Integration with External Systems: Seamlessly connects to external platforms, services from third parties, or internal software, allowing the transfer of data between various systems without delay.
Scalability Temenos Event Streaming is a function within Temenos. It is a feature of the Temenos platform that allows real-time data processing and an event-driven architecture. It allows for the constant flow of data across various applications, systems and processes within an institution of finance, providing instant responses to events that occur in real time such as customer transactions, transaction interactions, as well as system updates.
Recommended by LinkedIn
Use Cases:
Real-Time Pay immediate processing of both outgoing and incoming payments, with instant confirmation to customers.
Fraud Identification Alerts are triggered to block or stop transactions real-time if suspicious activity is identified.
customer engagement real-time notification for account activity that is significant and personalized offers based on customer behaviour, and instant updates regarding account modifications.
Temenos Event Streaming ensures financial institutions can quickly respond to new situations, increasing efficiency, customer experience and overall intelligence.
Reference: ChatGPT, gemini, Microsoft Co-Pilot
--some line Should Never be Crossed
3moExcellent work