Oracle FLEXCUBE vs. Temenos Transact - Core Banking

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Oracle FLEXCUBE
Score 8.7 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
Temenos Transact - Core Banking
Score 7.6 out of 10
N/A
Swiss company Temenos offers their establishing banking software for corporate and retail banks, as well as other kinds of banks such as those run in accordance to Islamic law, cooperatives, and non-bank community financial institutions. Temenos features a wide swath of bank management features, meant to support larger institutions with multiple locations with maximal task automation and system centralization.N/A
Pricing
Oracle FLEXCUBETemenos Transact - Core Banking
Editions & Modules
No answers on this topic
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Offerings
Pricing Offerings
Oracle FLEXCUBETemenos Transact - Core Banking
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
Oracle FLEXCUBETemenos Transact - Core Banking
Top Pros
Top Cons
User Ratings
Oracle FLEXCUBETemenos Transact - Core Banking
Likelihood to Recommend
8.8
(5 ratings)
8.0
(1 ratings)
Support Rating
2.5
(4 ratings)
-
(0 ratings)
User Testimonials
Oracle FLEXCUBETemenos Transact - Core Banking
Likelihood to Recommend
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.
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Temenos
Due to cloud based solution when I was not in town and want some technical assistance for branch or any financial transaction, it is easy to access it from anywhere plus there is 24/7 reports available. It is easy for development team for new functionalities to implement. There is one down side we experienced that whenever there are largen numbers of user signed in, system get but slow.
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Pros
Oracle
  • Scalability
  • Multi Lingual
  • The modules covers all areas of banking
  • Integration with other solutions
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Temenos
  • Payments
  • Retail
  • Corporate
  • Bulk posting
  • 24/7 reports
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Cons
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
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Temenos
  • Technical documentation
  • High cost
  • slow when many user are logged in
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Support Rating
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.
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Temenos
No answers on this topic
Alternatives Considered
Oracle
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Temenos
No answers on this topic
Return on Investment
Oracle
  • Wholesale banking for cash trade.
  • Payments of cash.
  • Treasury and lending.
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Temenos
  • High number of users
  • Handling bulk posting
  • Payments
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ScreenShots