Story
Temenos
Lloyds Banking GroupTemenos Supports Planning and Forecasting at Lloyds Banking Group
Lloyds Banking Group, a financials organization in the United Kingdom, uses Temenos Transact from Temenos to support planning and forecasting for FP&A.
Value results
| Category | Value result |
|---|---|
| Productivity | Fewer stalled items because financial planning has a clear owner |
| Productivity | Handoffs in planning and forecasting sit in a shared queue instead of a mailbox trail |
| Risk and compliance | Temenos Transact is the governed place FP&A use for planning and forecasting |
Story
Lloyds Banking Group grew financial planning faster than the local tools around it. From the United Kingdom, financials teams still had to serve customers and internal partners who expected a straight answer. FP&A were the ones stitching the picture together by hand.
Rolling out Temenos Transact put planning and forecasting on Temenos. Temenos provides core banking and digital banking software used by financial institutions to run accounts, payments, and channels. Lloyds Banking Group keeps the product in the path where work already happens, so FP&A do not context-switch into a graveyard system used only for audits.
The visible result is steadier planning and forecasting. Financial planning is easier to inspect, and adjacent groups can join FP&A without a guided tour of someone's desktop.
