Temenos Digital Wealth

Overview

Temenos Digital Wealth is a digital investment solution that offers a complete digital customer experience for providing wealth products from retail and mass affluent customers up to High-Net-Worth Individuals. The solution offers an investment experience that allows an easy and convenient engagement between financial institutions and investors in the digital age. Investors can access their investment products and be in complete control of their portfolio by using self-service capabilities and real-time data.

With Temenos Digital Wealth, financial institutions can digitalise their wealth management service and provide an exceptional experience to the new generation of High-Net-Worth investors by using hybrid advisory models. At the same time, Temenos Digital Wealth enables banks to confidently access the affluent market and convert savers to investors by digitally servicing long-term investment products at a low cost.

Temenos Digital Wealth components are part of the mobile native and responsive web applications that are offered by the Temenos Digital Banking platform. They can be used as standalone components or can be combined with other components such as Retail Banking.

Here is the video that provides insight into the essential features available in Wealth Management.

As with the Temenos Digital components, access to Temenos Digital Wealth features is driven by the user configuration that is defined with Spotlight.

Temenos Digital Wealth components are built on the Temenos Digital Quantum platform that comprises of the pre-packaged Visualizer apps, Experience APIs, and the Fabric Data model.

Temenos Digital Wealth components are available as standalone units with default mock-data and are readily available for integration with third-party portfolio management and core banking systems. Wealth components are also pre-integrated with Temenos Transact for banks that prefer the entire Temenos software stack.

Optional out-of-the-box integration to a leading Market Data Provider is also provided for banks that wish to offer a superior customer experience with integrated near real-time data feeds.

The RTL support is enabled for the Wealth MicroApps. For more information, click here.

Enhancements in Graphs for the Mobile Native App

In the Digital Wealth app, enhancements related to "Consistent Date and Time Format" are introduced to graphs (Investment Summary, and the Overview in the Portfolio Details) to improve the user experience and data visualization. This improvement ensures accuracy, responsiveness, and consistency in displaying financial data, aiming for fast delivery that is a user-friendly and visually consistent experience for the users analyzing their investment performance.

How does it work?

As part of this enhancement, a configuration for the "Consistent Date and Time Format" is defined and applied to Wealth graphs to ensure consistency.

When an external user logs into channel apps, the system dynamically retrieves the configured date format based on their selected language or locale. This format is applied consistently across all date and time fields within the application, allowing the bank users to customize the date and time format according to their preferences, ensuring a more localized user experience. For more information on Locale, click here.

Client App Properties within Fabric maintains a centralized global configuration, enabling seamless date formatting across various digital channels. This approach ensures regional compliance, improved user experience, and consistency in the date representation throughout the platform. For more information on the technical details related to Locale, click here.