Softwr

Automation Integration · head to head

Paragon vs Temenos Transact

Paragon logo

Paragon

Automation Integration

Embedded integration platform for SaaS

From
$299/month
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: Paragon no published pricing rates or specific plan costs; 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: Paragon covers Embedded workflows, 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 Paragon and Temenos Transact actually diverge.

Attributes where Paragon and Temenos Transact differ
AttributeParagonTemenos Transact
Starting price$299/monthOn request
Pricing modelsubscriptionquote
PlatformsWeb, EmbeddedWeb, Linux, Windows, REST API
CategoryAutomation IntegrationAPIs
Founded2021Unknown

Identical on both: 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 Paragon

  • Embedded workflows
  • Native integrations
  • Workflow builder
  • Error handling
  • Monitoring
  • Analytics
  • Webhooks
  • 500+ apps

Only in Temenos Transact

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

Both cover

  • Cloud deployment

What people use each for

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

Paragon

  • Embedding third party integrations into a SaaS productnot Temenos Transact
  • Managing customer facing connectors without building each onenot Temenos Transact

Temenos Transact

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

Where each one falls short

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

Paragon

  • No published pricing rates or specific plan costs
  • Pricing is entirely custom based on Connected Users
  • Both Pro and Enterprise plans require direct contact for pricing

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

Paragon

$299/month
  • Starter$299/month
    • 50 integrations
    • Basic support
  • Growth$999/month
    • 200 integrations
    • Priority support
  • Enterprise$5000/month
    • Unlimited integrations
    • Dedicated support

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 Paragon if

  • You need embedded workflows.
  • You work on Web, Embedded.
  • You also want native integrations.
Paragon 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 Paragon or Temenos Transact better?
Neither clearly leads. Paragon starts at $299/month and Temenos Transact at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Paragon or Temenos Transact?
Paragon starts at $299/month and Temenos Transact at On request.
Does Paragon or Temenos Transact run on more platforms?
Paragon runs on Web, Embedded. Temenos Transact runs on Web, Linux, Windows, REST API.
What is Paragon best used for?
Paragon is most often used for embedding third party integrations into a saas product, managing customer facing connectors without building each one. Of those, embedding third party integrations into a saas product and managing customer facing connectors without building each one are not what Temenos Transact is typically brought in for.
What can Paragon do that Temenos Transact cannot?
Paragon covers Embedded workflows, Native integrations, Workflow builder, Error handling. Temenos Transact covers Country model banks, Multi-product core, Payments processing, API layer. Both handle Cloud deployment.

Answered from the vendors’ own pages

Paragon: How much does Paragon cost?

Paragon does not publish pricing rates. The company uses a custom pricing model based on Connected Users (the number of tenant organizations using integrations), requiring customers to request custom quotes.

Source
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.

Paragon: What are Paragon's pricing plans?

Paragon offers Pro and Enterprise plans. The Pro plan includes unlimited integrations, access to all three products, and custom integrations. The Enterprise plan adds self-hosted options, priority support with SLAs, and SAML SSO.

Source
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.

Paragon: Does Paragon offer a free trial?

Yes, a free trial is available via signup, though specific trial duration and limitations are not detailed on the pricing page.

Source
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.

Paragon: How does Paragon determine the cost of my plan?

Pricing is customized based on business model and the number of Connected Users, meaning organizations must contact Paragon's sales team for a custom quote.

Source
Share

Related pages

More on Paragon

More on Temenos Transact

Keep looking

Other head to heads