NIB Bank (also) selects Temenos T24 on IBM Hardware

Business Tech Add comments

Well, whoever is implementing all these T24 core banking systems have their work cut out for them. In addition to Allied bank’s recent announcement, IBM has also announced that a similar deal for IBM servers supporting a T24 implementation has gone through at NIB Bank.

Seems like IBM and Temenos have become partners for core banking systems similar to how HP and SAP have partnered for ERP implementations. What remains to be seen is how smoothly the deployment of so many T24 core banking implementations go.

Popularity: 33% [?]


Liked the post? Stumble it!

20 Responses to “NIB Bank (also) selects Temenos T24 on IBM Hardware”

  1. farzal Says:

    can you provide information about factors a bank looks at when selecting a core banking system.

    banks number from 10 branches in 1 country to 1500 branches across 3 continents.

    can you do a write-up on this?

  2. Adnan Siddiqui Says:

    Just one correction its not HP and SAP who have partnered for ERP implementations in Pakistan, its HP and Siemens who have partnered and now that SAP itself is in Pakistan and have hired a country head, things should be different.

  3. Mohtashim Says:

    ahhh right. good and very important point, also come to think of it, in most of the world, SAP runs on IBM hardware.in pakistan we have the siemens+HP anomaly…thanks Adnan :)

  4. ali rana Says:

    Now Meezan Bank has signed with IBM HW on Temenos T-24 Application. seems like whoever moving to serious application is moving to IBM

  5. aly jamshaid Says:

    hi there
    well let me tell u something that here is a misconcept about T24. there is no need to use any specific brand like IBM to use T-24 (temenos ) coz its an open solution n can be run on any machine coz it has the functionality of open hardware thts y temenos is becoming more popular . other core banking solutions r bound to run on specific hardware..its too costly for the bank to use specific machines coz in this case if they implement such kinda core solution then thay have to replace all machines..
    if u want any information about Temenos.. u can ask

    Tc

    ALY ( Temenos T24 Trainer)

  6. Worktigers Says:

    Hi, for any kind of technical/functional doubts in Temenos T24 please login to http://www.worktigers.com. Its absolutely free.

  7. Mohtashim Says:

    when you’re a CIO and you have to ensure core banking app uptime, you wont put it on a “free” open source solution. you’ll use proper ibm servers, proper middleware (websphere,etc) and a proper network….

  8. ars Says:

    Aly Jamshed ? Can v talk ?
    03009250725

  9. Aly Jamshaid Says:

    ya sure.. your name?

  10. Aly Jamshaid Says:

    for any info call me at +92333 - 329 2418

  11. Ali Amjad Says:

    As Salam-0-Alikum,
    Replying to Farzal who asked some things as being a frist replier, i would like to add, First of all every bank sees how much it a system costs n how much out put it’ll give you. As every financer takes a major decision upon this rule. So as compared to Misys,iflex & other solutions available in market. Temenos T24 is less expensive, open hardware, open software & open database. So that’s the major benefit that a bank observes. While shifting to Temenos there’s no need to change your hardware infrastructure, nor ya want to change your database. You can even run it on Lynx, Windwos server 2003, can use any hardware, no matter, Dell, IBM, Compaq, HP…anykind of Database like MySql, Jbase(Temenos’s Built-in database) j4, Oracle 9i. Anyone which a bank feels satisfactoy for their needs. After this there’s no need to install specific softwares @ client side. So its being more n more popular. Now till the date 10Banks had signed the contract for the implimentation of Temenos, out of which one Private bank running live in Pakistan(After State Bank) named JS Bank. A part of JS Global Group.if somethings remains unfullfill you can write me at m.amjad.hanif@gmail.com Thanks All of you…

  12. hermond javed bhatti Says:

    Can you name the 10 banks in Pakistan who have signed for T24. Allied Bank, Bank Alfalah, JS, Atlas, Meezan and NIB Bank. Who are the other 4 banks

  13. Omar Says:

    This is incredible. T24 is the banking system from Temenos that has evolved out of GLOBUS. Many - or shall I say “MANNNY” banks around the world are still using GLOBUS and I have been working with GLOBUS for past 11 years. I never imagined this product would spread into Pakistan like this. I would be really interest to know how do the clients feel about this product. I have never found any reviews that say it has gone live.

  14. Mohtashim Says:

    I dont think it has gone live in a “proper” way anywhere yet. lets see what happens. web 2.0 and startups are so much more fun to write about though! ;)

  15. Omar Says:

    Who is training the resources on GLOBUS/T24/jBase in Pakistan? Is there any presence of Temenos or ex-Temenos people there?

  16. Sagheer Ahmed Says:

    NDC is local partner for Temenos and they are providing training also

  17. Sagheer Ahmed Says:

    only State Bank and JS Bank have gone live on T24

  18. Aaqil Khattak Says:

    Hi everyone nice discussion well in my veiws there is no need to say that which machine is best IBM and HP both are fit for this Applications. Well i need to know is that how we combine all application to work together or bind them together to work (WAS, MQ, T24 application and Oracle) kindly if anyone knows kindly reply me and do exchange knowledge it is better for all Pakistani’s hehe Best of Luck take care

  19. Mosh Adetoro Says:

    Aaqil,

    If you looking for an ideal architecture. We just integrated 6 web server, 6 queing servers, 4 T24 application servers and 4 Oracle RAC nodes. Running Temenos T24 R8 and its smoking. The bank has over two hundred branches and the sizing was done for 500 branches. They all run on IBM X3850 boxes, Red Hat Enterprise Linux 5.1, Oracle 10.2.3, JBoss Messaging (Not WAS MQ) and JBoss Web servers. It cost the bank almost nothing compared with what they would have spent on unreasonable oversized hardware and consulting.
    If you want info you need to speak with Red Hat or the bank. Theres a public reference at http://www.albawaba.com/en/countries/UAE/237184

    Let me know if you need more info. will be willing to help you with architecture design.

  20. faaiz Says:

    Hi Aly jamshaid,

    Is it possible for a non IT person to learn Temenos and start a career in lets say functional support etc;, could you please tell me where i can get some training on this in Pakistan or may be elsewhere, and how it could work.

    Thanks,

    faaiz

Leave a Reply

WP Theme & Icons by N.Design Studio
Entries RSS Comments RSS Log in