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EdgeVerve Finacle vs Finastra 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

EdgeVerve Finacle
Ranking in Core Banking Software
5th
Ranking in Digital Banking Engagement Platforms
4th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
No ranking in other categories
Finastra
Ranking in Core Banking Software
7th
Ranking in Digital Banking Engagement Platforms
6th
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
Loan Management Software (2nd)
 

Mindshare comparison

As of October 2025, in the Core Banking Software category, the mindshare of EdgeVerve Finacle is 5.9%, down from 10.4% compared to the previous year. The mindshare of Finastra is 4.4%, up from 3.5% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Core Banking Software Market Share Distribution
ProductMarket Share (%)
EdgeVerve Finacle5.9%
Finastra4.4%
Other89.7%
Core Banking Software
 

Featured Reviews

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Vidhyambika Hareendran - PeerSpot reviewer
Have worked on long-term trade finance projects and efficiently validated transaction reports
When we face any issues, we raise a ticket to Finastra, and then we track it, depending on the issues, using a separate tracking portal on a daily or weekly basis based on severity and priority. For the support team, I would give them a score of eight out of ten.
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Top Industries

By visitors reading reviews
Computer Software Company
27%
Financial Services Firm
24%
Performing Arts
5%
Manufacturing Company
5%
Financial Services Firm
27%
Real Estate/Law Firm
8%
Healthcare Company
7%
Retailer
6%
 

Company Size

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

Also Known As

Finacle
No data available
 

Overview

 

Sample Customers

Bank Rakyat Indonesia, African Export Import Bank, Union Bank, Standard Bank, Federal Bank
IFIC Bank, Ecobank, Natixis, Silvergate Bank, Commencement Bank, Itau BBA, Commonwealth Bank of Australia