What's New in

Product Codes
R22 AMR

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 New Products

Table of Contents
New Products 3
Temenos Transact 3
Banking Framework 3
Private Wealth 4
Regional Banking Solutions 4
Retail 8
Payments 9
Regulatory Compliance 11

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New Products

New Products
The following are the new products along with the product codes released for
R21+.

Temenos Transact

Banking Framework
Product Code Description Summary

This module enables banks to send the ISO20022

CBPR compliant camt.054 and camt.057 messages
based on the MT210/900/910 messages generated by
the business modules. The Temenos Transact business
modules that generate the MT210/900/910 messages
can run in the same instance with TPH or can be
Delivery MX
DEMXTR implemented on a different instance (possibly on a lower
Translation
release).
Most of the Temenos contract-based financial
applications are designed to generate MT900/910
(debit/credit advice) messages. Some of these
applications also have the ability to send MT210 (notice
to receive) messages to their counterparties.

This module supports the market reference data used by

multiple Temenos modules, products and services. The
module handles the volatile market data driven by
various market forces, as currency exchange rates and
interest rates, and service the requests received from
various Temenos solutions, which need to access these
MK Market Data
data. Market Data can be implemented as part of
Temenos Transact or installed as a Market Data shared
service. The market data can be referred by various
Temenos services through IRIS APIs. Temenos
Transact clients upgrading from a release prior to 2022
will automatically receive the MK license code.

SI Static Data This module handles the static reference data used by

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 New Products

Product Code Description Summary

multiple Temenos modules, products and services.

Static Data can be implemented as part of Temenos
Transact or installed as a Reference Data shared
service. The static data can be referred by various
Temenos services through IRIS APIs. Temenos
Transact clients upgrading from a release prior to 2022
will automatically receive the SI license code.

Private Wealth
Product Code Description Summary

This module includes client evaluation through

Markets in Financial questionnaire, NCI determination, and MIFID related
MiFID2 Instruments Directive PTCC checks in SC and DX modules. It also records
II 10% portfolio drops and building data to enable MiFID II
reporting

This module enables banks to comply with the CSDR

regulations, to improve the settlement efficiency. The
following features are supported by CSDR Regulation:
Central Securities
l Bilateral Cancellation
SCCSDR Depositories
l Hold & Release of Settlement Instructions
Regulation
l STP Settlement within Tolerance
l Imposing Cash Penalties in case of settlement
failure

Regional Banking Solutions

Product Code Description Summary

This module enables banks to handle the European

investment fund guarantees of the following subtypes:
European Investment SME Initiative, EASI Micro-Finance–MIK, EASI Social
EUIFGT
Fund Guarantee Enterprises–SOS. It guarantees 50% of the loan
amount, offers a lower interest rate and includes
commission calculations.

This module enables banks to manage the foreign

Foreign Exchange
ETFXOP exchange operations, in particular retention accounts
Operations
and forex permit issuance and utilisation.

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New Products

Product Code Description Summary

This module enables banks to validate the payments

Payment Reference
NLPRIV reference number and beneficiary IBAN as per
and IBAN Validation
Netherland standard.

This module covers validations required during

onboarding of customers in HK including, HKID (Hong
HKBASE Infrastructure Kong Identity Card) availability check and customer
tracking to determine the availability of CBRED
(Customer Business Relationship End Date).

This module enables banks to manage the Ethiopian

branch operations through the local money transfer
services within the same bank between customer and
walk-in, walk-in and customer in addition to walk-in-to-
walk-in. Moreover, the information required for validating
the transfer service is available to secure the payment,
ETBROP Branch Operations including specific personal information and the
generation of a security number. The module also
enables the control and supervision on outstanding
payments of cashier's payment order and demand draft
after a specified period. It also caters for the validation of
stale and post-dated checks based on the configured
number of days.

This module provides pre-configured corporate accounts

PEACCT Accounts
and loans and tax setup on loans and accounts.

This module allows banks in Saudi Arabia to process the

Payroll Processing wages file sent by a customer and generate an output
SAPWPS and Wage Protection file in a format defined by the Ministry of Labor. The
System Wage Protection System (WPS) is a government
directive provided by the Ministry of Labor.

This module allows banks to manage the derivatives

strike prices in the Israeli market (TASE), enabling users
Derivatives Strike
ILDXPR to input equity and FX option strike prices in both NIS
Price Management
(New Israeli Shekel) and Agorot, when premium and
strike currencies are quoted in different scales.

This module allows banks to change a deposit from

NZDEPO Deposits maturity to rollover and vice versa and also to change the
term, rate and interest schedule after rollover.

This module enables the configuration of the trading or

ILTRCL Trading Calendar
non trading dates of the stock exchange, and the non

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 New Products

Product Code Description Summary

trading days of the week when certain instruments are

not traded, even though the stock exchange is open and
it is a trading day. Order placement and direct security
trade entry is prevented for such dates or days.

This module allows banks to apply taxes on the

operations carried out under different products (liabilities
PETAXS Taxes
and assets) offered to its clients and the accounting
thereof.

This module allows banks to store and amend additional

PEBASE Customer Compliance customer data required in Peru for private and corporate
customers.

This module provides pre-configured corporate accounts

PEACCT Accounts
and loans and tax setup on loans and accounts.

This module allows financial institutions to process

incoming payments where the company cash account is
maintained in another bank. The financial institution will
receive incoming camt.54 and camt.53 payment
Incoming Payment
FIIPMT messages and will process these (for fees, repayment,
Processing
prepayment, payoff) based on the Finnish reference
number. The INCMMS module is required to receive the
camt.54 and camt.53 payment messages, and it runs as
a microservice in its own stack.

This module assists banks in segregating contingent

accounts based on the transaction type at the Forex
Foreign Exchange
ESFXOP contract level, as well as in displaying the balances in the
Operations
general ledger based on the classification at the FX
contract level.

This module enables the banks to use the Bank

Switching Service (BSS) for new customers to make it
easier to switch to a new bank. This is in line with the
obligations under the Payment Account Directive (PAD).
Beneficiary Account
When initiating a payment or collection, the initiating
NLBASS Bank Switching
bank can check if the beneficiary or debtor IBAN is part
Service
of a Bank Switching application and if so, re-route the
payment to the new bank. The result is that all payment
and collection flows will go to the new bank account and
the old account is not used anymore.

SGWHTX Withholding Tax This module provides configurations for the withholding

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New Products

Product Code Description Summary

tax which is applicable for dividends on Real Estate

Investment Trusts (REITs) and bonds.

This module handles the presentment of e-cheque in

Temenos Transact. The customer deposits an e-cheque
in the Hong Kong Interbank Clearing Limited (HKICL)
e-Cheque Acceptance dropbox and HKICL sends the e-Cheque in presentment
HKECHQ
and Lodgement file to the payee bank. These files are processed,
validated and e-cheques are lodged in Temenos
Transact. The presentment return files are generated
from Temenos Transact.

This module handles the management of the Israel

Initial Public Offering (IPO) allocation process and
Initial Public Offering
ILIPOA methods, enabling banks to automate the allocation
(IPO) Allocation
process of IPOs based on the details received from the
IPO coordination or book runner.

This module covers certain logic, validations and

LKTDFN Trade Finance restrictions which are required during the letter of credit
margin collection, drawings and margin release.

There are few additional standards set by the Inland

Revenue Department (IRD) on top of the Global CRS
HKCRSR CRS Additional Data standard. This module provides the additional data
required as per HK CRS standards. It also merges
multiple XML into one.

NPP Cuscal Instant

This module provides the Pay Id registration, address
Payments Interface
AUNPPC resolution service for Pay Id and payments interface to
and Address
Cuscal for NPP Instant Payments.
Resolution

This module assists Central Banks in calculating the

cash reserve ratio for Commercial Banks and Non-Bank
CBCRRT Cash Reserve Ratio Financial Institutions. It will calculate and post the credit
interest, bonus interest and the penalty interest based
on the calculated Cash Reserve Ratio (CRR).

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 New Products

Retail
Product
Description Summary
Code

This module allows to create securitisation pools and

LNSECU Loan Securitisation enable full or partial securitisation of the loans by making a
share transfer to the investors.

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New Products

Payments
Product
Description Summary
Code

This module allows banks to handle the CHAPS messages

in ISO20022 XML (pacs.008, pacs.009) standard to
PPCHAP CHAPS Clearing process the inward and outward customer transfers
messaging and the inward and outward interbank
payments.

This module enables banks to format customer transfers,

CHAPS in ISO20022
PPUKCX bank transfers, cover payments, returns and clearing
(MX)
status reports.

This module enables the banks to do:

l Liquidity adjustment movements from/to the

Liquidity Management account within RTGS.
Liquidity Transfer and
LQ l Posting into appropriate RTGS Nostro accounts,
Advice
when balance updates are notified by
RTGS/Clearing through the Liquidity Transfer
Advice (LTA) message.

This module enables the system to support Argentina

PPAIMT Instant Clearing
Immediate payments clearing.

This module allows banks to manage incoming and

PPINRX RTGS Clearing outgoing Real Time Gross Settlement (RTGS) transfers in
ISO20022 format.

This module allows banks to process incoming and

PPINNP NEFT Clearing outgoing National Electronic Funds Transfer (NEFT) credit
transfers and returns in batch format.

This module provides various flows supported by PAY UK

and all the options that the scheme supports for end-users.
The following are the distinct features:
l Provides the following options to the payer for
Pay UK – Request to
RFPYUK each received request:
Pay
l Pay All
l Pay Partial
l Request Extension (of the payment period)
l Contact requestor

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 New Products

Product
Description Summary
Code

l Decline
l Decline and Block

l Provides options for the Requestor to initiate RTP

requests and also respond to extension requests

This module allows banks to process NPP instant payment

PPAUNC ​NPP Payments
transfers between indirect participants and Cuscal.

This module provides an ability to receive, map and

process an inward individual/corporate cheque and return a
HKICL Cheque received inward individual/corporate cheque, map inward
PPHKCQ
Clearing Auto cheque, receive, map and process a cashier’s order
and return a received inward cashier’s order, initiate
account postings and settlement entries.

This module supports all the messages and flows as per

​German Bundesbank the EPC SEPA, it manages the SEPA based credit
RPSSCL
RPSSCL Clearing transfers and direct debits scheme operated by the
Bundesbank Germany.

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New Products

Regulatory Compliance
Product
Description Summary
Code

This module is introduced in Temenos Transact to allow

banks to identify the default of an obligor according to the
rules prescribed by a regulator, which is required for
Definition of Default regulatory capital requirement calculations. This
RX
Rules functionality is developed based on the European Banking
Authority (EBA) guidelines on the definition of default.
However, the framework developed offers the flexibility to
the banks in other jurisdictions as well.

This module, built on Temenos Analytics platform, delivers

an out-of-box near-real-time Market Risk Modelling
FRM03 Market Risk Modelling capability such as flexible portfolio structuring, various VaR
and Yield Curve models, ability to simulate VaR and Yield
Curves, set up VaR limits and perform VaR back-testing.

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