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When it comes to delivering Temenos upgrades  

being Temenos Certified Global Partner for Managed Upgrades means more

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  4. Why pick Luxoft as your Temenos upgrade partner? | Luxoft Banking

 

 

Temenos specialists 

 

Luxoft has one of the largest global Temenos practices, with over 240 employees worldwide. 
Our deep understanding of the financial services industry enables us to deliver exceptional performance, flexibility and customer experience. 

Temenos core banking system upgrade improves operational efficiency, increases resilience and addresses customer needs

 

Deep industry and functional process expertise 

 

Our Temenos upgrade strengths enable traditional banks to better compete with cloud-native fintechs by updating platforms to the latest business models, adopting modern architectures and transforming to fully hosted core banking software services.  

 

Innovative upgrade tools

As a Global Certified Partner, Luxoft follows the proven methodology for delivering upgrades in distinct phases. Here are four critical tools we use to help drive implementation: 

 

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Upgrade analyzer

Scoping tool provides: 

  • Overview of Transact setup 
  • Local customization details and technical impact     

    Benefits: Accurate estimates/timelines. Key dependencies (GPACK, modules, etc.) 

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    Data comparison

    Transact-specific tool: 

    • Developed in Python  
    • Executed from UI or command-line scripts 
    • Excel, doc. and JSON output formats 

    Benefits: Compares Transact tables for data inconsistencies 

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    GL comparison

    Exclusively developed to provide:  

    • Insight into financial reporting lines in
    • Transact  data on differences 

    Benefits: Helps ensure system stability post-upgrade 

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    Object explorer

    Provides component insights: 

    • Parameterized configuration (inc. local) 
    • Analysis performed outside Transact  

      Benefits: Identifies used/unused components. Catalogs local developments 

      Our Temenos upgrade capabilities in numbers

      30+

      Transact upgrade-certified consultants

      25+

      successful upgrade executions

      10+

      average years of Transact upgrade experience for team members

      7+

      Transact upgrades to the latest framework/release R21/R22
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      Temenos upgrades

      Learn more about how Luxoft can help you deliver the perfect Transact upgrade

       

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