Kevin Nyango
The Temenos Learning Community Engine is a digital software that enables banks to lower its operational risks and costs as well as engage their teams through a training.
TechInAfrica – GENEVA, Switzerland, August 28, 2018/– A banking software company named Temenos (SIX: TEMN) (www.Temenos.com) launched its latest edition of TLC training suite, Temenos Leaning Comunity (TLC) Engine just today. The software provides many benefits to lessen banks operational risks and cost, improves its monitory on their regulatory, and boosts staff engagement. In term of boosting up staff engagement, it can be integrated on the cloud or on premise as well as connects perfectly with Temenos banking software products. Furthermore, you can also integrate it to third-party systems.
The software was created for banks specialized for change management and training activities. The software enables financial institutions to make a record, update, and cascade their business process using the Temenos Standard Operating Procedures (TSOP). The Software is also able to use all the processes the current staff training from all of a bank’s organization. Furthermore, it helps to train, test, and certify the banks’ teams then provides access to official Temenos content and certification processes identified in the Temenos Learning Community suite of products.
Lebanon-based Byblos Bank was the first bank to sign for the TLC Engine. As the third largest bank in Lebanon and a financial institution in many other countries—Armenia, Belgium, Cyprus, France, Iraq, Nigeria, the United Arab Emirate, and the United Kingdom—Byblos Bank is encouraged to use the TLC engine to upgrade its current digital transformation project to the new Temenos T24 banking platform.
As AGM and Head of Group Organization Development, Information System and Operational of Byblos Bank, Raffoul Raffoul stated that the digital change is needed due to the rapid change of a marketplace. The speed is needed, not only to offer change and functionality demands but also to the need for an online training solution. Shortly, it is the best call for the bank to sign for the TLC Engine in a hope that it can be a solution to educate their employees. Furthermore, they will maximize the use of the TLC Engine to meet with their needs.
Director of The Temenos Learning Community, Dale Thomas remarked that the staff management, knowledge, and ability to use the new system are the key to a successful project. The product offers its clients an easy access to knowledge and technology. As in addition, he also said that they are excited to be partnered with Byblos Bank to help with its upgraded project as well as to support the Bank to create and implement the program through TLC Engine.
About Temenos
Temenos AG (SIX: TEMN) (www.Temenos.com), headquartered in Geneva, is the world’s leader in banking software, partnering with banks and other financial institutions to transform their businesses and stay ahead of a changing marketplace. Over 3,000 firms across the globe, including 41 of the top 50 banks, rely on Temenos to process the daily transactions of more than 500 million banking customers. Temenos customers are proven to be more profitable than their peers: over a seven-year period, they enjoyed on average a 31% higher return on assets, a 36% higher return on equity and an 8.6 percentage point lower cost/income ratio than banks running legacy applications. For more information, please visit www.Temenos.com.
