TCS BaNCS vs. Temenos Transact - Core Banking

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
TCS BaNCS
Score 7.9 out of 10
N/A
TATA Consultancy Services offers TCS BaNCS, a cloud-based platform promising resiliency and scalability, as well as lower IT overhead, for banks.N/A
Temenos Transact - Core Banking
Score 7.2 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
TCS BaNCSTemenos Transact - Core Banking
Editions & Modules
No answers on this topic
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Offerings
Pricing Offerings
TCS BaNCSTemenos 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
TCS BaNCSTemenos Transact - Core Banking
Top Pros

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Top Cons

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User Ratings
TCS BaNCSTemenos Transact - Core Banking
Likelihood to Recommend
7.9
(2 ratings)
8.0
(1 ratings)
User Testimonials
TCS BaNCSTemenos Transact - Core Banking
Likelihood to Recommend
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
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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
Tata Consultancy Services
  • Evaluation and contracting
  • Integration
  • Deployment
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Temenos
  • Payments
  • Retail
  • Corporate
  • Bulk posting
  • 24/7 reports
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Cons
Tata Consultancy Services
No answers on this topic
Temenos
  • Technical documentation
  • High cost
  • slow when many user are logged in
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Alternatives Considered
Tata Consultancy Services
Strong customer focus, support and good integration capabilities
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Temenos
No answers on this topic
Return on Investment
Tata Consultancy Services
  • Good revenue growth
  • Improved process
  • Improved service
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Temenos
  • High number of users
  • Handling bulk posting
  • Payments
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ScreenShots