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Temenos T24 achieves Oracle Exadata Optimized and Oracle Exalogic Optimized status

Latest achievement underlines Temenos’ commitment to a multi-platform strategy

Temenos (SIX: TEMN), a leading provider of mission critical solutions to the financial services industry, today announced that Temenos T24 (JAVA) release 13 has achieved Oracle Exadata Optimized and Oracle Exalogic Optimized status through Oracle PartnerNetwork (OPN). Additionally, T24 (JAVA) release 13 has been tested on and supports Oracle Solaris 11 and Oracle Linux.

The Temenos core banking software platform T24, is developed using a complete service-oriented architecture (SOA) that is modular and is deployed and integrated with the functionality needed for banks. Temenos is a Gold member in the Oracle PartnerNetwork.

Oracle Exadata delivers extreme performance and is the ideal database platform for OLTP applications, data warehouses as well as the varied and unpredictable workloads of cloud computing. It is a complete package of servers, storage, networking, and software that is massively scalable, secure and redundant. Oracle Exalogic Elastic Cloud is hardware and software engineered together to provide extreme performance, reliability and scalability for Oracle, Java and other business applications, while offering lower total cost of ownership, reduced risk, higher user productivity and one-stop support. Oracle Solaris 11 combines the reliability, security and scalability of the #1 enterprise OS with advanced virtualization, networking and management capabilities, allowing customers to run their most demanding applications in private, hybrid, or public clouds. Oracle Linux brings the latest Linux innovations to market, offering extreme performance, advanced scalability, and reliability for enterprise applications, and enables lower costs.

T24 was optimized for Oracle Exadata and Oracle Exalogic. The test results exceeded 1,500 transactions per second with a 500k customer and 500k account database. In addition, the executed end of month processing was under 30 minutes on a pure Java application.

Temenos will be speaking about ““Oracle Exastack - scalable, secure, high performance core banking with T24” at Oracle OpenWorld, San Francisco in September.

Martin Bailey, Temenos Product Director, said: “Temenos remains committed to offering the best platform support and performance across all the main commercial computing platforms. We work closely with our technology partners to optimise our solution for each stack and these accolades are further evidence of our commitment to our open stack strategy. Oracle Exalogic Elastic Cloud in conjunction with Oracle Exadata Database Machine is a strong fit for our mid to large customers and prospects”.

“Oracle Exastack Optimized recognizes partners who have optimized their solutions on a complete, integrated and cloud-ready infrastructure in order to help them accelerate innovation, unlock new features and functionality, and deliver superior value to users,” said Chris Baker, Senior Vice President, Worldwide ISV and OEM Sales, Oracle. “By achieving Oracle Exadata Optimized and Oracle Exalogic Optimized status, Temenos has demonstrated T24 is tested and tuned to work with Oracle Exadata Database Machine and Oracle Exalogic Elastic Cloud to help deliver optimum performance, scalability, and reliability to their customers.”