Doocat Banking Platform vs. Finacle Core Banking

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Doocat Banking Platform
Score 0.0 out of 10
N/A
A core banking system specially created for Microfinance organizations, Doocat performs digitization of traditional banking services with online services that reduce the budget spent on offline banking, and enables customers to more easily manage their banking and financial services in a few clicks. The services include Doocat eWallet as a multifunctional solution which allows the use of digital money almost with no restrictions. eWallet as a part of Doocat infrastructure, is…
$1,000
per month
Finacle Core Banking
Score 7.0 out of 10
N/A
Built on advanced architecture, Finacle Core Banking Solution offers a suite of capabilities for digital banking. Its capabilities include flexible product factories, extensive parameterization, product bundling and reusable business components. With its real-time processing engine, open APIs and embedded customer insights, Finacle delivers an advanced digital banking foundations to engage demanding consumers.N/A
Pricing
Doocat Banking PlatformFinacle Core Banking
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Doocat Banking PlatformFinacle Core Banking
Free Trial
YesNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
User Testimonials
Doocat Banking PlatformFinacle Core Banking
Likelihood to Recommend
Energize Global Services ltd
No answers on this topic
EdgeVerve, an Infosys Company
Well suited for middle east and asia pacific banks, african banks as the solutions already has required features as per localizations and regulations specific to those regions. might not be complete suitable out of the box for other markets, unless some customization, surround layers are built. many features for both corporate and retail banking exists.
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Pros
Energize Global Services ltd
No answers on this topic
EdgeVerve, an Infosys Company
  • many features for various products is out of the box
  • option for customization and localization for any functionalities
  • digital banking with various solutions for internet banking, mobile banking, branch, ATM
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Cons
Energize Global Services ltd
No answers on this topic
EdgeVerve, an Infosys Company
  • Some of the solutions doesnt have localization as per market and regulations.
  • customizations in core solution requires legacy programming languages and has some proprietary scripting
  • integration can take time for surround systems
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Usability
Energize Global Services ltd
No answers on this topic
EdgeVerve, an Infosys Company
usability wise Finacle Core Banking apis are consumed by various surround systems for mobile, internet and teller banking, through put is good and can handle the load for month end, end of the day batches resiliently and is scalable depending the capacity. If all end to end solutions are taken from Finacle Core Banking then is more easily usable with less integration and implementation efforts
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Alternatives Considered
Energize Global Services ltd
No answers on this topic
EdgeVerve, an Infosys Company
Supports customization more than the other solutions which offers many of the features out of the box, since based on the requirements from business and cost associated for this solution it was decided to go with it, frequent upgrades are also suggested but again that would need some effort for migration to new version
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Return on Investment
Energize Global Services ltd
No answers on this topic
EdgeVerve, an Infosys Company
  • complete bank product and accounts management with deposits, loans, crm solutions
  • product is offered as SaaS, PaaS, banks can decide which suits them
  • Required to build teams with talent pool specific to do Finacle Core Banking customizations
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ScreenShots