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Microsoft Temenos to offer core banking solutions

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GENEVA and REDMOND, Wash. (12/14/09)--Microsoft Corp. and Temenos Group announced an alliance to offer core banking solutions through the TEMENOS T24 and Microsoft SQL Server. The solutions are available to credit unions. Temenos and Microsoft recently worked with North Shore CU, a credit union in Canada, to deliver a core banking solution through TEMENOS T24 and Microsoft SQL. “Ours is a fiercely competitive market, and the combined TEMENOS T24 and Microsoft SQL Server platform helps us attract and retain members by providing expert, proactive financial advice based on clear data,” said Fred Cook, NSCU chief information officer. “If you’re going to be nimble in this industry, then you’d better have a stable banking platform that supports that,” he added. Temenos Group is a global provider of banking software systems. Microsoft Corp. provides software for financial firms.