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ION Core Banking vs. Oracle FLEXCUBE

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
ION Core Banking
Score 0.0 out of 10
N/A
The ION Core banking platform for banks and financial institutions provides complete management for the institution's information system. It includes application components, technological infrastructure, AM, BPO, and help desk services. ION presents it as a multi-bank, multi-site, multi-channel, multi-language, and flexible information system owing to a modular, parametric, compliant integrated architecture.N/A
Oracle FLEXCUBE
Score 9.0 out of 10
N/A
Oracle's FLEXCUBE is a system for banks featuring customer self-service portals, revenue maximization features and some inbuilt marketing features.N/A
Pricing
ION Core BankingOracle FLEXCUBE
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
ION 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
ION Core BankingOracle FLEXCUBE
Considered Both Products
ION Core Banking

No answer on this topic

Oracle FLEXCUBE
SHEHROZ AKRAM | TrustRadius Reviewer
SHEHROZ AKRAM
HR Applications Specialist - Oracle HRMS & OD (Human Resource) at Meezan Bank Ltd.
Chose Oracle FLEXCUBE
One of the main reasons to choose the software is to maintain the pre-existing relationship, product functionality, performance, and strong services.
Verified User
Anonymous
Chose Oracle FLEXCUBE
Oracle WebLogic Application Server, Oracle Database and Oracle Analytics Server (formerly Oracle BI Foundation Suite)
Verified User
Anonymous
Chose Oracle FLEXCUBE
Multiple module availability which is fitted to the bank requirement and this has been used by about 40% of the banks in Cambodia.
Verified User
Anonymous
Chose Oracle FLEXCUBE
Cannot compare, but PeopleSoft seems to be more easily customized without specialized external vendors. PeopleSoft has more Oracle partners.
User Ratings
ION Core BankingOracle FLEXCUBE
Likelihood to Recommend
-
(0 ratings)
8.8
(0 ratings)
Support Rating
-
(0 ratings)
2.5
(0 ratings)
User Testimonials
ION Core BankingOracle FLEXCUBE
Likelihood to Recommend
No answers on this topic
Oracle FLEXCUBE is fantastic in almost all areas of banking from retail banking to corporate banking to Islamic banking. The technology stack it runs on is also brilliant however it will be of great help if the installation process is simplified to reduce the time to market during implementation. Also with regards to integrations, there should be more materials readily available for the non-standard integrations like the process of clearing files from ATM/POS
Verified User
Anonymous
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Pros
No answers on this topic
  • Retail banking.
  • API integration.
  • Customization flexibility.
  • User experience.
Muhammad Adil Mujeeb | TrustRadius Reviewer
Muhammad Adil Mujeeb
Senior System Analyst
Read full review
Cons
No answers on this topic
  • It is utterly non-intuitive and not user-friendly for the front-end user. This applies to v.11.
  • Customization, though reliable, is costly.
  • Millennials have a hard time to adapt to it given that they are used to the intuitive app world.
Verified User
Anonymous
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Support Rating
No answers on this topic
Implementation support being done by an Oracle partner with less care than Oracle's resource. Most of the resources from the partner are weak in knowledge and we need a longer time to resolve fixes.
Verified User
Anonymous
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Alternatives Considered
No answers on this topic
One of the main reasons to choose the software is to maintain the pre-existing relationship, product functionality, performance, and strong services.
SHEHROZ AKRAM | TrustRadius Reviewer
SHEHROZ AKRAM
HR Applications Specialist - Oracle HRMS & OD (Human Resource) at Meezan Bank Ltd.
Read full review
Return on Investment
No answers on this topic
  • A little bit of high-cost investment in both hardware and license
  • High maintenance cost
  • Even at the high cost it has the capacity and allows the bank to integrate with other systems and enable us to go into the Cambodian market faster.
Verified User
Anonymous
Read full review
ScreenShots