Finastra vs Temenos Transact comparison

Finastra and Temenos are both solutions in the Core Banking Software category. Finastra is ranked #5 with an average rating of 8.0, while Temenos is ranked #2 with an average rating of 9.0. Finastra holds a 4.8% mindshare in BS, compared to Temenos’s 12.6% mindshare. Additionally, 100% of Finastra users are willing to recommend the solution, compared to 100% of Temenos users who would recommend it.

Finastra

Read 1 Finastra review

949 Views
541 Comparison Views

100% willing to recommend

Temenos Transact

Read 2 Temenos Transact reviews

1,402 Views
1,388 Comparison Views

100% willing to recommend

Finastra

Temenos Transact

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

Finastra

Ranking in Core Banking Software

5th

Average Rating

8.0

Number of Reviews

Ranking in other categories

Loan Management Software (1st), Digital Banking Engagement Platforms (3rd)

Temenos Transact

Ranking in Core Banking Software

2nd

Average Rating

9.0

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of January 2026, in the Core Banking Software category, the mindshare of Finastra is 4.8%, up from 3.8% compared to the previous year. The mindshare of Temenos Transact is 12.6%, down from 14.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Core Banking Software Market Share Distribution
Product	Market Share (%)
Temenos Transact	12.6%
Finastra	4.8%
Other	82.6%

Core Banking Software

Featured Reviews

Vidhyambika Hareendran

Senior Test Engineer in Payments and Trade Domain at a tech vendor with 10,001+ employees

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.

Read full review

reviewer2322933

VP BFS Vertical Delivery at a computer software company with 1,001-5,000 employees

Comprehensive configurability and seamless integration enhance project management effectiveness

The microservices for smaller customers are not optimized and become difficult for customers to manage. Microservices work best when implemented for very large customers with extensive databases, so it should be monolithic instead of microservices. My clients for Temenos Transact are usually those that have a very small customer base, such as banks with around 5,000 customers, but even then, we were rolling out both digital and Temenos Transact. The rating depends on how large the customer is and their ability to escalate at the highest level of Temenos. Under optimal conditions, it can achieve a ten out of ten rating. I rate Temenos Transact as among the top two solutions in the banking domain, being a very significant player alongside Finastra. I have given it a rating of 9 out of 10.

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880,511 professionals have used our research since 2012.

Top Industries

By visitors reading reviews

Financial Services Firm

27%

Real Estate/Law Firm

Healthcare Company

Outsourcing Company

Financial Services Firm

36%

Computer Software Company

Comms Service Provider

Outsourcing Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What is your experience regarding pricing and costs for Finastra?

I'm working for a client using Finastra, so I'm not exactly aware of the license cost as that is handled by a different team.

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What needs improvement with Finastra?

In terms of support quality and speed, they support us well, but in recent releases, we found some unusual bugs generated, which we have raised, especially regarding alignment issues.

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What is your primary use case for Finastra?

We mainly use Finastra for trade and finance, initiating LCs and documentary collections, and we validate postings and report validations. I'm part of the testing team and not involved in the deplo...

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What needs improvement with Temenos Transact?

Areas of improvement for Temenos Transact include the GUI which needs further enhancement, as users are still using Classic instead of the UXP Explorer because the UXP is not optimized from a perfo...

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What is your primary use case for Temenos Transact?

My use case for Temenos Transact as a program manager from the partner side involves clearing the exams, including the TIM Implementation Methodology, for which I am certified. I work as a program ...

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What advice do you have for others considering Temenos Transact?

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Comparisons

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Compared 31% of the time

Temenos Infinity vs Finastra

Compared 12% of the time

Oracle FLEXCUBE vs Finastra

Compared 8% of the time

Mambu vs Finastra

Compared 5% of the time

MeridianLink vs Finastra

Compared 5% of the time

More Finastra Competitors

Oracle FLEXCUBE vs Temenos Transact

Compared 19% of the time

Avaloq Core vs Temenos Transact

Compared 15% of the time

Mambu vs Temenos Transact

Compared 14% of the time

eMACH.ai Core Banking vs Temenos Transact

Compared 9% of the time

Thought Machine vs Temenos Transact

Compared 6% of the time

More Temenos Transact Competitors

Product Reports

No data available

Buyer's Guide

Mambu vs. Temenos Transact

December 2025

Download Temenos Transact product report

Also Known As

No data available

Temenos, Temenos T24

Overview

At Finastra our purpose is to unlock the power of finance for everyone. We build and deliver innovative, next-generation technology on our open Fusion software architecture and cloud ecosystem.

Finastra

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.

Temenos

Sample Customers

IFIC Bank, Ecobank, Natixis, Silvergate Bank, Commencement Bank, Itau BBA, Commonwealth Bank of Australia

ABN Amro, Blueshore, Mauritius Commercial Bank Mauritius, Societe Arabe Internationale de Banque, Swissquote Bank, St Raphaels Garda Credit Union, Banco ITAU BBA S.A.,

See our list of best Core Banking Software vendors.

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