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ION Core Banking vs. Oracle FLEXCUBE vs. TCS BaNCS

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    ION Core Banking

    N/AN/AThe 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

    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

    TCS BaNCS

    Score7.8 out of 10
    N/ATATA Consultancy Services offers TCS BaNCS, a cloud-based platform promising resiliency and scalability, as well as lower IT overhead, for banks.N/A
    Pricing
    ION Core BankingOracle FLEXCUBETCS BaNCS
    Editions & Modules
    No answers on this topic
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    ION Core BankingOracle FLEXCUBETCS BaNCS
    Free Trial
    NoNoNo
    Free/Freemium Version
    NoNoNo
    Premium Consulting/Integration Services
    NoNoNo
    Entry-level Setup FeeNo setup feeNo setup feeNo setup fee
    Additional Details
    More Pricing Information
    Community Pulse
    ION Core BankingOracle FLEXCUBETCS BaNCS
    Considered Multiple Products
    Ion Group
    No answer on this topic
    Oracle
    No answer on this topic
    Tata Consultancy Services
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    80%
    Would buy again
    4 Answers
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    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
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
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    User Ratings
    ION Core BankingOracle FLEXCUBETCS BaNCS
    Likelihood to Recommend
    -
    (0 ratings)
    8.8
    (5 ratings)
    7.8
    (2 ratings)
    Support Rating
    -
    (0 ratings)
    2.5
    (2 ratings)
    -
    (0 ratings)
    User Testimonials
    ION Core BankingOracle FLEXCUBETCS BaNCS
    Likelihood to Recommend
    Ion Group
    No answers on this topic
    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
    Read full review
    Tata Consultancy Services
    The Product is a microservice component architecture compatible with RHEL Open Shift technology which can scale on-demand thus ensuring scalability on demand, resilient and robust architecture to meet banks current and futuristic requirements
    Incentivized
    Read full review
    Pros
    Ion Group
    No answers on this topic
    Oracle
    • Scalability
    • Multi Lingual
    • The modules covers all areas of banking
    • Integration with other solutions
    Incentivized
    Read full review
    Tata Consultancy Services
    • Evaluation and contracting
    • Integration
    • Deployment
    Incentivized
    Read full review
    Cons
    Ion Group
    No answers on this topic
    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
    Tata Consultancy Services
    No answers on this topic
    Support Rating
    Ion Group
    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
    Read full review
    Tata Consultancy Services
    No answers on this topic
    Alternatives Considered
    Ion Group
    No answers on this topic
    Oracle
    Incentivized
    Read full review
    Tata Consultancy Services
    Strong customer focus, support and good integration capabilities
    Incentivized
    Read full review
    Return on Investment
    Ion Group
    No answers on this topic
    Oracle
    • Wholesale banking for cash trade.
    • Payments of cash.
    • Treasury and lending.
    Incentivized
    Read full review
    Tata Consultancy Services
    • Good revenue growth
    • Improved process
    • Improved service
    Incentivized
    Read full review
    ScreenShots