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Cybersecurity · head to head

Splunk Enterprise Security vs Temenos Transact

Splunk Enterprise Security logo

Splunk Enterprise Security

Cybersecurity

The platform for operational intelligence

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: Splunk Enterprise Security splunk Enterprise Security is licensed separately from the Splunk platform, so a SIEM deployment needs both; 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: Splunk Enterprise Security covers Security monitoring, 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 Splunk Enterprise Security and Temenos Transact actually diverge.

Attributes where Splunk Enterprise Security and Temenos Transact differ
AttributeSplunk Enterprise SecurityTemenos Transact
Pricing modelsubscriptionquote
PlatformsWeb, ApiWeb, Linux, Windows, REST API
CategoryCybersecurityAPIs
Founded2003Unknown

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 Splunk Enterprise Security

  • Security monitoring
  • Incident review
  • Risk-based alerting
  • Threat intelligence
  • Investigation workbench
  • MITRE ATT&CK mapping
  • Automated response
  • Compliance reporting

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.

Splunk Enterprise Security

  • Running a security operations centre on Splunk indexed log datanot Temenos Transact
  • Correlation searches, risk based alerting and incident investigationnot Temenos Transact
  • Compliance reporting from pooled security telemetrynot Temenos Transact

Temenos Transact

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

Where each one falls short

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

Splunk Enterprise Security

  • Splunk Enterprise Security is licensed separately from the Splunk platform, so a SIEM deployment needs both
  • Splunk publishes no rate for Enterprise Security and directs buyers to contact a pricing expert
  • UEBA, SOAR and automated threat analysis require the Premier edition rather than Essentials
  • The platform underneath can be billed by ingest volume, workload or activity, so the total cost depends on a pricing model chosen at contract time rather than a list price

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

Splunk Enterprise Security

On request
  • Workload PricingFree
    • Pay per compute
    • Flexible scaling
    • All features
  • Ingest PricingFree
    • Pay per GB ingested
    • Predictable costs
    • All features
  • Entity PricingFree
    • Pay per monitored entity
    • Security focused
    • All features

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 Splunk Enterprise Security if

  • You need security monitoring.
  • You work on Web, Api.
  • You also want incident review.
Splunk Enterprise Security 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 Splunk Enterprise Security or Temenos Transact better?
Neither clearly leads. Splunk Enterprise Security 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, Splunk Enterprise Security or Temenos Transact?
Splunk Enterprise Security starts at On request and Temenos Transact at On request.
Does Splunk Enterprise Security or Temenos Transact run on more platforms?
Splunk Enterprise Security runs on Web, Api. Temenos Transact runs on Web, Linux, Windows, REST API.
What is Splunk Enterprise Security best used for?
Splunk Enterprise Security is most often used for running a security operations centre on splunk indexed log data, correlation searches, risk based alerting and incident investigation, compliance reporting from pooled security telemetry. Of those, running a security operations centre on splunk indexed log data and correlation searches, risk based alerting and incident investigation are not what Temenos Transact is typically brought in for.
What can Splunk Enterprise Security do that Temenos Transact cannot?
Splunk Enterprise Security covers Security monitoring, Incident review, Risk-based alerting, Threat intelligence. Temenos Transact covers Country model banks, Multi-product core, Payments processing, API layer.

Answered from the vendors’ own pages

Splunk Enterprise Security: How much does Splunk Enterprise Security cost?

Splunk Enterprise Security pricing is not published. The product is available in Essentials Edition with threat detection, investigation, and response capabilities, and Premier Edition with UEBA, SOAR, and Automated Threat Analysis. Customers must contact Splunk sales for pricing quotes on either edition.

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.

Splunk Enterprise Security: What editions of Splunk Enterprise Security are available?

Splunk Enterprise Security offers Essentials Edition with threat detection, investigation, and response capabilities, and Premier Edition which adds UEBA (User and Entity Behavior Analytics), SOAR (Security Orchestration, Automation and Response), and Automated Threat Analysis.

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.

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.

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