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Avaloq Core vs EdgeVerve Finacle comparison

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Avaloq Core
Ranking in Core Banking Software
7th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
No ranking in other categories
EdgeVerve Finacle
Ranking in Core Banking Software
6th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
Digital Banking Engagement Platforms (5th)
 

Mindshare comparison

As of February 2026, in the Core Banking Software category, the mindshare of Avaloq Core is 4.6%, down from 4.7% compared to the previous year. The mindshare of EdgeVerve Finacle is 5.6%, down from 7.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Core Banking Software Market Share Distribution
ProductMarket Share (%)
EdgeVerve Finacle5.6%
Avaloq Core4.6%
Other89.8%
Core Banking Software
 

Top Industries

By visitors reading reviews
Financial Services Firm
37%
Computer Software Company
12%
Comms Service Provider
9%
Construction Company
5%
Financial Services Firm
21%
Computer Software Company
20%
University
6%
Energy/Utilities Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
 

Questions from the Community

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What is your experience regarding pricing and costs for EdgeVerve Finacle?
I did not purchase EdgeVerve Finacle through the AWS Marketplace.
What needs improvement with EdgeVerve Finacle?
EdgeVerve Finacle can be improved by making more use of technology, artificial intelligence, machine learning, as well as blockchain technology.
What is your primary use case for EdgeVerve Finacle?
EdgeVerve Finacle is primarily used by all banks, major banks, minor banks, or NBFCs for their banking operations. We are one of the service providers to the clients for EdgeVerve Finacle, where we...
 

Also Known As

No data available
Finacle
 

Overview

 

Sample Customers

Information Not Available
Bank Rakyat Indonesia, African Export Import Bank, Union Bank, Standard Bank, Federal Bank