Capgemini is seeking a skilled Temenos Transact FX Business Analyst to join our dynamic team. In this role, you will act as a bridge between business stakeholders and technical teams, ensuring the successful implementation and enhancement of Temenos Transact FX solutions. You will gather and analyze business requirements, provide insights into foreign exchange operations, and support system configuration to drive business improvements and operational efficiency.As a Temenos Transact FX Business Analyst, you will collaborate closely with cross-functional teams to translate business needs into technical specifications, validate system functionalities, and participate in UAT processes. You will play a crucial role in facilitating communications between business units and IT to ensure system alignment with business goals.The key requirements of this multi-facted role are: Business Analysis & RequirementsEngage with business stakeholders (Front Office, Operations, Treasury, Finance, Risk, Compliance) to elicit and document FX business requirements within a core banking context.Analyse existing FX processes and define target-state FX operating models aligned to Temenos Transact capabilities.Produce high-quality artefacts including: Business Requirements Documents (BRD)Functional Specifications (FS)Process flows and swimlane diagramsData mappings and interface specificationsEnsure clear traceability of requirements through design, build, test, and deployment.Temenos Transact FX Functional ExpertiseAct as the functional SME for FX in Temenos Transact, including: FX deal capture (spot, forward, swaps – as applicable)Deliverable FX products (sport and forward)Non-Deliverable Forwards (NDFs) for restricted currenciesFX rates, spreads, and pricing modelsFX settlement and nostro/vostro processingFX accounting and P&L treatmentRevaluation and end-of-day processingConfigure and support Transact FX-related components in collaboration with technical teams (no standalone TAP configuration).Advise on standard Transact functionality vs. customisation, promoting out-of-the-box usage where possible.Integration & DataDefine and support FX-related integrations between Transact and surrounding systems, such as: Trading or order capture systemsMarket data / rate providersPayments engines and clearing systemsGL, Finance, Risk, and Regulatory Reporting platformsProduce FX data mappings covering deal lifecycle, rates, settlements, and accounting entries.Support reconciliation processes across FX, payments, and accounting systems.Testing & Delivery SupportSupport SIT, UAT, and regression testing phases for FX scope: Review and validate FX test scenarios and test casesSupport defect triage and resolutionValidate FX results (rates, settlements, accounting postings)Work closely with product owners and delivery leads to ensure FX scope is delivered on time and to quality.Support cutover, migration, and go-live activities related to FX portfolios. RequirementsEssentialStrong Business Analyst experience on Temenos Transact (T24) programmes8+ years of experience delivering FX functionality within a Transact core banking environment, including: FX Spot and FX Forward productsNon‑Deliverable Forwards (NDFs) for emerging or restricted currenciesUnderstanding of deliverable vs non‑deliverable FX settlement modelsFX lifecycle from deal capture through settlement, accounting, and revaluationInteraction between FX products, payments, and core banking accountingSolid understanding of: FX products and lifecycleFX settlements and accountingInteraction between FX and paymentsExperience working in large-scale banking transformation programmes.Strong documentation, communication, and stakeholder management skills. Desirable Experience in Private Banking or Wealth Management environments. Knowledge of regulatory considerations impacting FX (e.g. MiFID II, EMIR, best execution – where applicable). Experience working across multi-country or multi-entity banking rollouts. Prior experience replacing or integrating with standalone FX/trading platforms (including TAP) is an advantage. Soft Skills:Client facingConfident and articulateExcellent analytical and problem-solving skillsAble to build relationship with business stakeholders and other team membersAbility to lead a team BenefitsCompetitive compensation and benefits package:Competitive salary and performance-based bonusesComprehensive benefits packageCareer development and training opportunitiesFlexible work arrangements (remote and/or office-based)Dynamic and inclusive work culture within a globally renowned groupPrivate Health InsuranceRetirement BenefitsPaid Time OffTraining & DevelopmentPerformance BonusNote: Benefits differ based on employee level.About CapgeminiCapgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of over 420,000 team members in more than 50 countries. With its strong 59-year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group €22.5 billion in revenues in 2025.
Capgemini is seeking a skilled Temenos Transact FX Business Analyst to join our dynamic team. In this role, you will act as a bridge between business stakeholders and technical teams, ensuring the successful implementation and enhancement of Temenos Transact FX solutions. You will gather and analyze business requirements, provide insights into foreign exchange operations, and support system configuration to drive business improvements and operational efficiency.
As a Temenos Transact FX Business Analyst, you will collaborate closely with cross-functional teams to translate business needs into technical specifications, validate system functionalities, and participate in UAT processes. You will play a crucial role in facilitating communications between business units and IT to ensure system alignment with business goals.
The key requirements of this multi-facted role are:
Business Analysis & Requirements
- Engage with business stakeholders (Front Office, Operations, Treasury, Finance, Risk, Compliance) to elicit and document FX business requirements within a core banking context.
- Analyse existing FX processes and define target-state FX operating models aligned to Temenos Transact capabilities.
- Produce high-quality artefacts including:
- Business Requirements Documents (BRD)
- Functional Specifications (FS)
- Process flows and swimlane diagrams
- Data mappings and interface specifications
- Ensure clear traceability of requirements through design, build, test, and deployment.
Temenos Transact FX Functional Expertise
- Act as the functional SME for FX in Temenos Transact, including:
- FX deal capture (spot, forward, swaps – as applicable)
- Deliverable FX products (sport and forward)
- Non-Deliverable Forwards (NDFs) for restricted currencies
- FX rates, spreads, and pricing models
- FX settlement and nostro/vostro processing
- FX accounting and P&L treatment
- Revaluation and end-of-day processing
- Configure and support Transact FX-related components in collaboration with technical teams (no standalone TAP configuration).
- Advise on standard Transact functionality vs. customisation, promoting out-of-the-box usage where possible.
Integration & Data
- Define and support FX-related integrations between Transact and surrounding systems, such as:
- Trading or order capture systems
- Market data / rate providers
- Payments engines and clearing systems
- GL, Finance, Risk, and Regulatory Reporting platforms
- Produce FX data mappings covering deal lifecycle, rates, settlements, and accounting entries.
- Support reconciliation processes across FX, payments, and accounting systems.
Testing & Delivery Support
- Support SIT, UAT, and regression testing phases for FX scope:
- Review and validate FX test scenarios and test cases
- Support defect triage and resolution
- Validate FX results (rates, settlements, accounting postings)
- Work closely with product owners and delivery leads to ensure FX scope is delivered on time and to quality.
- Support cutover, migration, and go-live activities related to FX portfolios.
Requirements
Essential
Strong Business Analyst experience on Temenos Transact (T24) programmes
8+ years of experience delivering FX functionality within a Transact core banking environment, including:
- FX Spot and FX Forward products
- Non‑Deliverable Forwards (NDFs) for emerging or restricted currencies
- Understanding of deliverable vs non‑deliverable FX settlement models
- FX lifecycle from deal capture through settlement, accounting, and revaluation
- Interaction between FX products, payments, and core banking accounting
Solid understanding of:
- FX products and lifecycle
- FX settlements and accounting
- Interaction between FX and payments
- Experience working in large-scale banking transformation programmes.
- Strong documentation, communication, and stakeholder management skills.
Desirable
- Experience in Private Banking or Wealth Management environments.
- Knowledge of regulatory considerations impacting FX (e.g. MiFID II, EMIR, best execution – where applicable).
- Experience working across multi-country or multi-entity banking rollouts.
- Prior experience replacing or integrating with standalone FX/trading platforms (including TAP) is an advantage.
Soft Skills:
- Client facing
- Confident and articulate
- Excellent analytical and problem-solving skills
- Able to build relationship with business stakeholders and other team members
- Ability to lead a team
Benefits
Competitive compensation and benefits package:
- Competitive salary and performance-based bonuses
- Comprehensive benefits package
- Career development and training opportunities
- Flexible work arrangements (remote and/or office-based)
- Dynamic and inclusive work culture within a globally renowned group
- Private Health Insurance
- Retirement Benefits
- Paid Time Off
- Training & Development
- Performance Bonus
Note: Benefits differ based on employee level.
About Capgemini
Capgemini is a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. The Group is guided everyday by its purpose of unleashing human energy through technology for an inclusive and sustainable future. It is a responsible and diverse organization of over 420,000 team members in more than 50 countries. With its strong 59-year heritage and deep industry expertise, Capgemini is trusted by its clients to address the entire breadth of their business needs, from strategy and design to operations, fueled by the fast evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering and platforms. The Group €22.5 billion in revenues in 2025.
Get the future you want
At Capgemini, we are driven by a shared purpose: Unleashing human energy through technology for an inclusive and sustainable future.Technology shapes the way we live our lives. How we work, learn, move and communicate. That means our technology expertise, combined with our business knowledge, does more than help you transform and manage your business. It can help you realize a better future and create a more sustainable, inclusive world.It’s a responsibility we don’t take lightly. That’s why, since our inception more than 50 years ago, we have always acted as a partner to our clients, not a service provider. A diverse collective of nearly 350,000 strategic and technological experts across more than 50 countries, we are all driven by one shared passion: to unleash human energy through technology.As we leverage cloud, data, AI, connectivity, software, digital engineering, and platforms to address the entire breadth of business needs, this passion drives a powerful commitment. To unlock the true value of technology for your business, our planet, and society at large. From advancing the digital consumer experience, to accelerating intelligent industry and transforming enterprise efficiency, we help you look beyond ‘can it be done?’ to define the right path forward to a better future.
Get the future you want
At Capgemini, we are driven by a shared purpose: Unleashing human energy through technology for an inclusive and sustainable future.
Technology shapes the way we live our lives. How we work, learn, move and communicate. That means our technology expertise, combined with our business knowledge, does more than help you transform and manage your business. It can help you realize a better future and create a more sustainable, inclusive world.
It’s a responsibility we don’t take lightly. That’s why, since our inception more than 50 years ago, we have always acted as a partner to our clients, not a service provider. A diverse collective of nearly 350,000 strategic and technological experts across more than 50 countries, we are all driven by one shared passion: to unleash human energy through technology.
As we leverage cloud, data, AI, connectivity, software, digital engineering, and platforms to address the entire breadth of business needs, this passion drives a powerful commitment. To unlock the true value of technology for your business, our planet, and society at large. From advancing the digital consumer experience, to accelerating intelligent industry and transforming enterprise efficiency, we help you look beyond ‘can it be done?’ to define the right path forward to a better future.
