Temenos Quantum Reviews

Temenos Quantum significantly streamlined workflow processes and increased productivity for multiple companies, leading to reduced operational costs. The platform's advanced features enabled faster deployment of applications, resulting in quicker time-to-market and higher user engagement. Businesses experienced enhanced performance and scalability, leading to improved customer satisfaction and retention rates. The platform provided a substantial return on investment through its robust capabilities, making it a highly valuable asset for various organizations.

Temenos Quantum pricing varies significantly. Some users find it affordable, paying around $70,000, while others see it as expensive, quoting costs from $300,000 to $500,000 for a single banking application. Clients must pay an initial purchase fee and annual renewal fees, which depend on the product details and license term length. Licenses can be bought for five or ten years upfront or opted for on a yearly renewal cycle. Usage also influences the final price.

• "It is expensive solution."
• "Temenos Quantum is an expensive tool. Taking into consideration my company's use of Temenos Quantum for a bank, the costs attached to the solution ranged from 3,00,000 to 5,00,000 USD for building one application for the bank."
• "The product is expensive. First, they must purchase the product, and then pay an annual renewal fee. The renewal fee depends on the product details and the license term’s length. Clients can buy licenses for five or ten years and pay for them upfront, or they can set up a yearly renewal cycle."

Temenos Quantum is primarily used for banking operations, custom application development, internet banking, hybrid mobile app creation, core banking solutions, and middleware support. Users build B2B and B2C applications, register new companies, manage transactions, create user interfaces, and integrate Microsoft Dynamics. Temenos offers prebuilt mobile application templates for retail customers and facilitates loan origination, user onboarding, and digital channels. It is also used for developing applications in the Middle East and visualizing data.

Temenos Quantum offers help primarily through a ticketing system with mixed responsiveness. Some find it effective, scheduling calls, and receiving quick resolutions, while others experience slow response times and insufficient guidance. Ratings range from five to eight out of ten. Some are satisfied with the portal's efficiency, whereas others encounter issues with support team knowledge. The stable platform reduces the need for frequent assistance.

Users find Temenos Quantum's initial setup to vary in complexity. Experienced users rate it highly for ease, while novices may struggle. Deployment time ranges from hours to days, depending on requirements and data migration. Cloud setups are described as straightforward, requiring Java and Android SDK, while on-premises setups may involve more steps. Some report occasional issues, especially with new features, and microservices installation is noted as particularly challenging.

Temenos Quantum is often noted for its good scalability, especially with microservices and customizable database options. Users appreciate the ability to add servers and environments for increased loads. However, some find it less natively scalable and suggest the need for additional plugins. It's praised for being scalable compared to frameworks like Flutter or React, though complexity can affect performance. Despite varying opinions, it's used by many across different regions and company sizes.

Temenos Quantum is considered stable by users, with many highlighting its consistent performance when deployment steps are properly followed. Regular updates and fixes contribute to its reliability. Users note significant improvements over time, though some suggest there is still room for enhancement, particularly in front-end and individual implementations. It performs well across different environments, including Azure, and accommodates multiple users effectively. Stability has been rated highly with few significant complaints.