Softwr

Cybersecurity · head to head

IBM QRadar vs Temenos Transact

IBM QRadar logo

IBM QRadar

Cybersecurity

Enterprise SIEM licensed by events per second, whose cloud business IBM sold to Palo Alto Networks in 2024.

From
On request
Rated
-
Full reviewWebsite
Temenos Transact logo

Temenos Transact

APIs

Established core banking system used by banks in over a hundred countries

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: IBM QRadar iBM sold the QRadar SaaS business to Palo Alto Networks in 2024 and those customers are being moved to Cortex XSIAM, so anyone buying today is choosing an on-premises product whose vendor has publicly moved the cloud future to a competitor, and the support horizon becomes a contract negotiation rather than an assumption.; Temenos Transact the codebase originates in the 1990s, so banks on older releases face major upgrade programmes to reach current versions, and many defer them for years.
  • They diverge on capability: IBM QRadar covers Offence model, Temenos Transact covers Country model banks.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which IBM QRadar and Temenos Transact actually diverge.

Attributes where IBM QRadar and Temenos Transact differ
AttributeIBM QRadarTemenos Transact
Pricing modelsubscriptionquote
PlatformsWeb, ApiWeb, Linux, Windows, REST API
CategoryCybersecurityAPIs
Founded1911Unknown

Identical on both: starting price (On request), free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in IBM QRadar

  • Offence model
  • Network flow analysis
  • Device Support Modules
  • Ariel query language
  • Rules and building blocks
  • Deployment topology
  • App Exchange
  • Use Case Manager

Only in Temenos Transact

  • Country model banks
  • Multi-product core
  • Payments processing
  • API layer
  • Cloud deployment
  • Accounting engine

What people use each for

The jobs each tool is most often brought in to do.

IBM QRadar

  • A regulated enterprise that must keep log data on premises or in a specific jurisdiction and cannot use a shared SaaS SIEMnot Temenos Transact
  • A SOC that wants log correlation and network flow analysis in one platform rather than buying an NDR product separatelynot Temenos Transact
  • An existing QRadar estate deciding whether to stay on premises or accept the migration path to a different vendor's platformnot Temenos Transact
  • Compliance-driven log retention and reporting where the audit requirement is specific about collection, retention and reportingnot Temenos Transact

Temenos Transact

  • A bank in an emerging market needing local regulatory compliance without building it from scratchnot IBM QRadar
  • An institution running Islamic banking products alongside conventional ones on one corenot IBM QRadar
  • A bank that needs a large pool of experienced implementation consultants to de-risk a migrationnot IBM QRadar
  • A group standardising subsidiaries in several countries onto one core banking systemnot IBM QRadar

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

IBM QRadar

  • IBM sold the QRadar SaaS business to Palo Alto Networks in 2024 and those customers are being moved to Cortex XSIAM, so anyone buying today is choosing an on-premises product whose vendor has publicly moved the cloud future to a competitor, and the support horizon becomes a contract negotiation rather than an assumption.
  • Licensing is by events per second and flows per minute, so every additional log source raises the cost directly and teams routinely exclude verbose sources such as DNS, proxy, endpoint and cloud audit logs to stay under the licence, which strips out exactly the data an investigation later needs.
  • It needs a dedicated operator: rule tuning, parser work and offence triage are continuous jobs, and an organisation that deploys QRadar without at least one named engineer accumulates thousands of unreviewed offences and a false sense of coverage.
  • A log source without a matching Device Support Module arrives unparsed, and writing a custom parser with regular expressions against an unfamiliar payload format is specialist work that can take days per source, which quietly determines which systems ever get monitored.
  • On-premises capacity is planned across consoles, processors, collectors and data nodes, so outgrowing the sizing means procuring and racking more appliances rather than changing a subscription tier, and growth becomes a purchasing cycle measured in months.

Temenos Transact

  • The codebase originates in the 1990s, so banks on older releases face major upgrade programmes to reach current versions, and many defer them for years.
  • Total cost is dominated by implementation partner fees rather than licence, and those programmes routinely overrun their original estimates.
  • Product changes that cloud-native cores treat as configuration can require development work and a release cycle, which slows time to market for new products.
  • Heavy customisation is common and it makes every subsequent upgrade harder, creating a compounding cost that banks feel a decade after go-live.
  • Temenos has repeatedly restructured its product line and naming, so buyers must check carefully which components a proposal actually includes and which are separately licensed.

Pricing, plan by plan

IBM QRadar

On request
  • QRadar SIEMFree
    • Event and flow processing
    • Offense management
    • Threat intelligence
  • QRadar CloudFree
    • Cloud-native deployment
    • Elastic scaling
    • Managed infrastructure
  • QRadar SuiteFree
    • SIEM + SOAR + XDR
    • Unified analyst experience
    • Federated search

Temenos Transact

On request
  • Temenos Transact$undefined/year
    • Perpetual or subscription licence scaled by assets, accounts or users
    • Annual maintenance typically a percentage of licence value
    • Implementation delivered by partners and charged separately

Which should you pick?

Choose IBM QRadar if

  • You need offence model.
  • You work on Web, Api.
  • You also want network flow analysis.
IBM QRadar review

Choose Temenos Transact if

  • You need country model banks.
  • You work on Web, Linux, Windows, REST API.
  • You also want multi-product core.
Temenos Transact review

Questions people ask

Is IBM QRadar or Temenos Transact better?
Neither clearly leads. IBM QRadar starts at On request and Temenos Transact at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, IBM QRadar or Temenos Transact?
IBM QRadar starts at On request and Temenos Transact at On request.
Does IBM QRadar or Temenos Transact run on more platforms?
IBM QRadar runs on Web, Api. Temenos Transact runs on Web, Linux, Windows, REST API.
What is IBM QRadar best used for?
IBM QRadar is most often used for a regulated enterprise that must keep log data on premises or in a specific jurisdiction and cannot use a shared saas siem, a soc that wants log correlation and network flow analysis in one platform rather than buying an ndr product separately, an existing qradar estate deciding whether to stay on premises or accept the migration path to a different vendor's platform, compliance-driven log retention and reporting where the audit requirement is specific about collection, retention and reporting. Of those, a regulated enterprise that must keep log data on premises or in a specific jurisdiction and cannot use a shared saas siem and a soc that wants log correlation and network flow analysis in one platform rather than buying an ndr product separately are not what Temenos Transact is typically brought in for.
What can IBM QRadar do that Temenos Transact cannot?
IBM QRadar covers Offence model, Network flow analysis, Device Support Modules, Ariel query language. Temenos Transact covers Country model banks, Multi-product core, Payments processing, API layer.

Answered from the vendors’ own pages

IBM QRadar: Who owns QRadar now?

It is split. IBM sold the QRadar SaaS assets to Palo Alto Networks in a deal announced in May 2024 and closed that September, and those customers are being migrated to Cortex XSIAM. IBM retains and supports the on-premises product.

Temenos Transact: Is Transact the same as T24?

Yes. T24 was renamed Temenos Transact; older installations and much of the consultant population still use the T24 name.

IBM QRadar: Is QRadar being discontinued?

IBM has committed to continuing support for on-premises customers, including security updates, while offering migration assistance. The cloud product's future belongs to Palo Alto. If you are signing a multi-year term, get the support horizon written into the contract.

Temenos Transact: Can it run in the cloud?

Yes, it is offered on public cloud, though many existing installations remain on-premises and moving them is a project.

IBM QRadar: How is it licensed?

By events per second for logs and flows per minute for network data, with the software or appliance sized to that rate. Add-on modules in the suite are licensed separately.

Temenos Transact: What drives the cost?

Licence scaled by size, annual maintenance as a percentage of licence, and implementation partner fees that usually exceed the software cost.

IBM QRadar: What is an offence?

QRadar's term for a correlated case. Rules group related events and flows against a common indicator such as a host or user, so an analyst reviews one offence rather than the hundreds of events behind it.

IBM QRadar: Do I need a full-time engineer?

In practice yes for anything beyond a small deployment. Parser development, rule tuning and offence triage do not stop, and the most common failure mode is a well-installed QRadar that nobody has tuned since go-live.

Share

Related pages

More on IBM QRadar

More on Temenos Transact

Keep looking

Other head to heads