Temenos Group AG is a global provider of banking software systems in the Retail, Corporate & Correspondent, Universal, Private, Islamic and Microfinance & Community banking markets. Having headquartered in Geneva with more than 60 offices worldwide, Temenos serves over 1000 customers in more than 120 countries.
Foranx LLC is Temenos Certified Services partner. It has a right to to participate in T24 implementation projects as a service partner.
Foranx system support approach allows the Client to maximize usage of the system and at the same time to minimize cost of developments .
Outsourcing of information technologies is the most developed type of banking outsourcing. According to the USA Outsourcing Institute, more than 80% of banks in the world are handing over any function connected with information technologies to a third-party organization.
Similar to any software, T24 also has a systems development life cycle.