By Published On: May 14, 2024

Temenos unveils Responsible Generative AI at the Temenos Community Forum 2024, promising to revolutionize banking with secure, efficient AI solutions that enhance productivity and personalization in core banking operations.

Temenos just made a press release. Normally I count these as vaporware but they just made an important claim.

At the Temenos Community Forum 2024 in Dublin, Temenos unveiled its groundbreaking Responsible Generative AI solutions, integrated into its AI-infused banking platform. These solutions promise to revolutionize banking by enhancing productivity and profitability through secure, explainable AI technology.

With seamless integration into Temenos Core and Financial Crime Mitigation (FCM), banks can now leverage natural language queries for instant insights and reports, transforming efficiency in operations and product management. If true, this could mean faster, more accurate decision-making and personalized customer experiences, significantly boosting the competitiveness of banks.

For report writers and BI analysts, while this innovation could drastically reduce the time spent on data analysis and report generation, it might also pose a risk to their jobs, as the need for manual report creation diminishes.

Read the full press release to discover how Temenos is setting a new standard in AI for banking.

https://www.temenos.com/news/2024/05/13/temenos-launches-the-first-responsible-generative-ai-solutions-for-core-banking/

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#AllInBanking #CoreBankingTransformation

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