What is GLOBUS / T24 and what can it do?

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Misbah

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Sep 27, 2010, 1:49:43 AM9/27/10
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Hi All,


What is GLOBUS / T24 and what can it do?


TEMENOS T24 (T24) is the most technically advanced banking system available today...

It pairs the most comprehensive and most powerfully flexible business functionality with the most advanced and scalable architecture. This gives it unprecedented power and opportunity to meet the challenges of today and the opportunities of tomorrow.

GLOBUS T24 is built on open architecture, offers low cost of ownership and uses established standards such as HTTP, XML and J2EE.

The design of GLOBUS T24 offers multiple application server support offering horizontal scalability and supporting huge numbers of users with true non-stop resilience. Probably the most innovative aspect of GLOBUS T24, however, is that it will totally eliminate the need to run End Of Day processing.

GLOBUS T24 is available as a Model Bank implementation, with best practice processes built in, or a more tailored implementation for clients preferring differentiation.

More information on T24:
        
Technology 
        Architecture 
        Functionality 
        ARC Database options 
        T24 Model Bank 
        T24 products
 
GLOBUS T24 products for the banking industry sectors we serve include: 
        GLOBUS T24 for Retail 
        GLOBUS T24 for Corporate & Correspondent 
        GLOBUS T24 for Universal 
        GLOBUS T24 for Private Wealth 
        GLOBUS T24 for Islamic Banking 
        GLOBUS T24 for Microfinance and Community Banking 

GLOBUS / T24 - Technology
Technology
Throughout our history, Temenos has replaced a significant number of legacy systems. In almost all of these cases the functionality in the redundant system was inflexible and dated. T24 gives our clients a system that will meet their demands far into the future.

Open standards
Written for performance and reliability, T24 is based on established industry standards as promoted by independent bodies and not on the particular interpretation of these standards by other vendors. 

T24 runs on:

Open hardware 
Open database 
Open J2EE application server 
Open UI through browser, HTML and XSLT 
Open connectivity through XML and Web Services 
Open C language code 
Open Java development environment

T24 also supports the full Microsoft stack:

Support for Microsoft technology on all tiers 
Native ASP.NET Web Services support 
Deploy on high capacity servers with Windows Server 2003 Data Center Edition and SQLServer 2005 
Leverage the BizTalk Server EAI capabilities for XML, EDI and other message formats
This means that our clients can select the best vendor or environment for their own needs whether this is low cost, high performance, local support or any other factor. If this changes in the future, they can switch vendor without altering their investment in T24, providing true longevity in their chosen system.

High volumes and scalability
T24 can support any size of financial organisation from the smallest to the largest. 

Multiple application servers 
T24 achieves these high volumes through an efficient and scalable architecture based on multiple TEMENOS T24 servers. This means that as volumes expand, further servers can easily be added improving performance and also improving availability.

No end of day
T24 is the world's only true 24 by 7 banking system. It eliminates the need for traditional end of day processing, enabling users and customers full access to the system at all times.

Local development 
T24 permits the use of local programming to further extend the functionality and flexibility of the system. Local programs are written in Java and may be inserted in the T24 business logic at over 12,000 different exit points or APIs. This capability greatly extends the local flexibility of the system without compromising our clients ability to upgrade to later versions of T24 when required. 

Continued......


--
Muhammad Misbahuddin
Senior Business Consultant T24
Cell # +6593761549, +923012511500

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