Temenos launches AI tool for fund admins

by Krystal Scanlon 29 July 2020

Banking software company Temenos has launched an artificial intelligence tool to address the increased market volatility and improve operational efficiency for fund administrators.

The firm claims it is the first to launch a software of this kind.

Temenos SaaS Explainable AI (Temenos XAI) can be deployed on-premise or as a cloud-based solution depending on clients’ individual needs. The tool aims to reduce the amount of manual work in management processes by identifying price threshold breaches caused by the impacts of Covid-19.

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