Real-time accounting integrity for your core banking
MGL makes your Temenos accounting data reliable, surfaces the real discrepancies, automates controls, and produces traceable reporting for your finance and compliance teams.
The core banking paradox: a transaction engine, an analytical bottleneck
Temenos T24 and Transact are excellent transactional engines — but they were not designed for the deep accounting analysis that auditors and regulators demand today.
Twenty years ago, your bank statement was just a few lines. Today it runs for pages: transfers, cheques, instant transfers, card payments and withdrawals, online purchases, contactless, direct debits… The volume has exploded.
A core banking system is built to absorb that flow at high speed — not to dissect its detail. Asking it to run an accounting investigation, or to produce a detailed general ledger account by account, contract by contract, would bring it to its knees.
It's not a flaw — it's its nature. Transaction processing and accounting analysis are two different jobs — and the second one is exactly what MGL does.
6 in 10 banks consider their legacy infrastructure to be the primary barrier to growth.
Source: Forbes Insights, 2023
The 4 failure points of transactional systems
Reporting & extraction
Slow and rigid. Generating mandatory reports and accounting statements can take days.
Accounting discrepancies
Traceability is nearly impossible. Finding the source of a difference is like finding a needle in a haystack.
Post-closing processes
Restrictive analysis. Producing a detailed trial balance that includes post-closing entries is not possible.
Legacy systems
A straitjacket for evolution. Updating mapping tables, charts of accounts and classifications is costly.
The solution: an independent accounting layer
MGL is an intelligent layer that works directly with your raw data — we do not replace your core banking, we complement it. MGL becomes your single source of accounting truth: it transforms Temenos data into 6-column trial balances, general ledger, detailed balance, CAC reports and provides source data for your regulatory reporting. All powered by RADAR (real-time discrepancy detection), MGL Insight (exploring hundreds of millions of entries) and IRIS (programmable control agent 24/7).
The 5 pillars of accounting mastery
Real-time discrepancy detection.
Analyses accounting integrity and instantly detects discrepancies. Pinpoints the exact transaction — and even the responsible Temenos module — within seconds.
Your accounting search engine.
Explore millions of entries with interactive filters and dynamic tables — Google simplicity, chartered accountant precision.
Accounting cartography, reinvented.
Validate and modify your chart of accounts and mapping tables in a few clicks via a visual interface — no IT project required.
Data-driven strategic management.
Interactive dashboards to visualise trends in real time and make decisions on 100% reliable data.
24/7 automated monitoring.
Monitors every entry, detects unauthorised changes and suspicious postings. Transforms reactive detection into proactive prevention.
Before MGL vs. the MGL method
The old method
- Manual data extraction
- Reconciliations taking days or weeks
- Tedious manual investigations
- Rigid and static reports
- Late anomaly detection
The MGL method
- Real-time data integration
- Detection in seconds
- Instant on-demand analysis
- Dynamic, interactive dashboards
- Proactive discrepancy prevention
of time spent on manual reconciliations.
to detect an accounting anomaly.
data reliability for your reports and decisions.
“When your data is 100% reliable, your strategic decisions become so too.”
From burden to strategic advantage
Operational efficiency
Free your teams for higher-value tasks. Process hundreds of millions of movements in record time.
Audit-ready confidence
Respond to statutory auditors in real time. No more sleepless nights before regulatory deadlines.
Risk mastery
Resilience reinforced by system independence. Avoid fines and losses through early detection.
Decision quality
Turn your accounting data into competitive advantage. Steer on 100% reliable information.
Thanks to MGL, we finally understand our accounts and can approach the statutory auditors review with confidence.
Ready to transform your accounting control?
Contact TNA Consulting for a personalised MGL demonstration and discover how to secure your accounting integrity within weeks.