EdgeVerve Finacle vs Temenos Transact comparison

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1,939 views|1,662 comparisons
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3,232 views|2,375 comparisons
100% willing to recommend
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Top Answer:Hey there! Considering your need for seamless customer onboarding with Temenos T24, I'd recommend checking out Cleveroad's fintech solutions at https://www.cleveroad.com/indu.... They specialize in… more »
Ranking
5th
Views
1,939
Comparisons
1,662
Reviews
0
Average Words per Review
0
Rating
N/A
3rd
Views
3,232
Comparisons
2,375
Reviews
0
Average Words per Review
0
Rating
N/A
Comparisons
Also Known As
Finacle
Temenos, Temenos T24
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Temenos
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Overview

Finacle is a core banking product developed by the Infosys that provides universal Digital banking functionality to banks.

Temenos Transact is the most successful and widely used digital core-banking solution in the world. Using cloud-native and agnostic technology, Temenos Transact provides the most extensive and richest set of banking functionality across retail, corporate, treasury, wealth, and payments with over 1000 banks in 150+ countries relying on it to provide market-leading and innovative products and services to their customers.

Sample Customers
Bank Rakyat Indonesia, African Export Import Bank, Union Bank, Standard Bank, Federal Bank
ABN Amro, Blueshore, Mauritius Commercial Bank Mauritius, Societe Arabe Internationale de Banque, Swissquote Bank, St Raphaels Garda Credit Union, Banco ITAU BBA S.A.,
Top Industries
VISITORS READING REVIEWS
Financial Services Firm27%
Computer Software Company21%
Manufacturing Company8%
Comms Service Provider5%
VISITORS READING REVIEWS
Financial Services Firm33%
Computer Software Company11%
Manufacturing Company8%
Comms Service Provider4%
Company Size
VISITORS READING REVIEWS
Small Business23%
Midsize Enterprise16%
Large Enterprise61%
VISITORS READING REVIEWS
Small Business15%
Midsize Enterprise19%
Large Enterprise65%

EdgeVerve Finacle is ranked 5th in Core Banking Software while Temenos Transact is ranked 3rd in Core Banking Software. EdgeVerve Finacle is rated 0.0, while Temenos Transact is rated 9.0. On the other hand, the top reviewer of Temenos Transact writes "Offers Straight-Through-Processing as part of our core banking system". EdgeVerve Finacle is most compared with Tata BaNCS, Oracle FLEXCUBE, Thought Machine, Finastra and FinCORE, whereas Temenos Transact is most compared with Thought Machine, Oracle FLEXCUBE, Mambu, Avaloq Core and Intellect Digital Core.

See our list of best Core Banking Software vendors.

We monitor all Core Banking Software reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.