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Finacle Core Banking vs. Oracle FLEXCUBE

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Finacle Core Banking

    Score7.1 out of 10
    N/ABuilt 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

    Oracle FLEXCUBE

    Score9 out of 10
    N/AOracle's FLEXCUBE is a system for banks featuring customer self-service portals, revenue maximization features and some inbuilt marketing features.N/A
    Pricing
    Finacle Core BankingOracle FLEXCUBE
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Finacle Core BankingOracle FLEXCUBE
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    Finacle Core BankingOracle FLEXCUBE
    Considered Both Products
    EdgeVerve, an Infosys Company
    No answer on this topic
    Oracle
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    80%
    Would buy again
    4 Answers
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    No answers on this topic
    80%
    Happy with the feature set
    4 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    User Ratings
    Finacle Core BankingOracle FLEXCUBE
    Likelihood to Recommend
    7.0
    (1 ratings)
    8.8
    (5 ratings)
    Usability
    7.0
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    -
    (0 ratings)
    2.5
    (2 ratings)
    User Testimonials
    Finacle Core BankingOracle FLEXCUBE
    Likelihood to Recommend
    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.
    Incentivized
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    Oracle
    The system is very user-friendly and provides help in performing UAT and making the processes live, payment method opt without interacting with humans. Automation of the processes is marvelous.
    Incentivized
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    Pros
    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
    Incentivized
    Read full review
    Oracle
    • Scalability
    • Multi Lingual
    • The modules covers all areas of banking
    • Integration with other solutions
    Incentivized
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    Cons
    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
    Incentivized
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    Oracle
    • Improve workflow for frontline user
    • Established own implementation resource rather than use a partner
    • It would be good if Oracle maintained a local support office in Cambodia
    Incentivized
    Read full review
    Usability
    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
    Incentivized
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    Oracle
    No answers on this topic
    Support Rating
    EdgeVerve, an Infosys Company
    No answers on this topic
    Oracle
    Support is very expensive and not always up to speed with the market and the latest developments. The support is highly fragmented as well and split among 2-3 Oracle departments.
    Incentivized
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    Alternatives Considered
    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
    Incentivized
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    Oracle
    Incentivized
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    Return on Investment
    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
    Incentivized
    Read full review
    Oracle
    • Wholesale banking for cash trade.
    • Payments of cash.
    • Treasury and lending.
    Incentivized
    Read full review
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