IT systems are increasingly important in the banking sector, allowing banks to reduce costs and improve efficiency. Banking software, such as core banking systems and trading platforms, are enterprise software used across the industry. The document then discusses several popular banking software packages, focusing on Temenos T24, a leading core banking system that provides a full range of retail, corporate, and treasury banking services in a flexible and cost-effective manner.

1. M.TALHA KHAN
B.B.A : IV

2. IT IN BANKING SECTOR
• New software and programs are enacting as a
helping hand for the banking institutions.
• It has also decreased the manpower required to
ensemble the whole data in bigger banking
organization.

3. BANKING SOFTWARE
• Banking software is enterprise software that is used
by the banking industry.
• Typically banking software refers to
Core Banking Software and its
interfaces allows commercial
banks to connect to other
modular software.
• It can also refer to the trading software used by
investment banks to access capital markets.

4. PACKAGES PROVIDER
TEMENOS T 24 Temenos Group
CSB Natech
Finacle Infosys
Insite Banking System Automated Systems, Inc.
DIGIBANK
Oracle financial services software
FOLLOWING SOFTWAERS USING BY BANKS

5. Temenos T24 (T24)
 Temenos T24 (T24) is a complete front- to back-office,
CRM and product lifecycle management software
platform that powers core banking operations.
 For 24/7 banking system.
 Open (UI) through browser.
 Open database.
 Best selling banking software.

6. Characteristics of T24
T24 has an unrivalled track record worldwide
in:
• Reducing the cost of ownership
• Enhancing productivity
• Lowering costs
• Improving customer service
• Boosting profitability

7. T 24 provides full range of banking services…
RETAIL
BANKING
TREASUERY
OPERATIONS
CORPORATE
BANKING
 PAYMENTS
 CASH MANAGEMENT
 TRADE FINANCE
 COMMERCIAL LENDING
 FOREX
 MONEY MARKET
 SECURITIES
 CRM
 CASH TRANSACTIONS
 CREDIT
 DEPOSIT

8. T24 for Islamic Banking
• Also designed for Islamic Banks.
• Single core banking system.
• Shari’a compliant and commercially flexible.
• Handles Islamic and non-Islamic financial services.