Alkami vs. Tavant VELOX

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Alkami
Score 7.0 out of 10
N/A
Alkami aims to enable financial institutions to outsmart, not outspend, the Megabanks by providing a successful cloud-based digital banking platform. The Alkami Platform humanizes digital banking so banks and credit unions can confidently grow, adapt quickly, and build a thriving digital community.N/A
Tavant VELOX
Score 10.0 out of 10
N/A
Tavant headquartered in Santa Clara offers VELOX, a modular lending platform with modules supporting lendee engagement, document generation, a rules engine, and analytics.N/A
Pricing
AlkamiTavant VELOX
Editions & Modules
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Offerings
Pricing Offerings
AlkamiTavant VELOX
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
AlkamiTavant VELOX
User Ratings
AlkamiTavant VELOX
Likelihood to Recommend
7.0
(0 ratings)
-
(0 ratings)
User Testimonials
AlkamiTavant VELOX
Likelihood to Recommend
If you are looking for a high-quality online banking product and you don’t want/need to customize it too much, Alkami is a great choice- it has a lot out of the box and the people are great. If you need a lot of customization, and you don’t have the internal resources to help you do that, Alkami may be a challenge to satisfy your needs.
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Pros
  • Mobile-first design is great on both iOS and Android.
  • Broad array of retail banking capabilities.
  • A large array of integrated partner products to enhance the core functionality of the base product.
  • SDK and API-centric architecture are helping to design for the future of banking applications.
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Cons
  • SDK and APIs are not fully mature - while they are functional and have a bright future, the support infrastructure is not fully developed.
  • Custom development can take a long time.
  • They may be focused on sales over support given their recent public offering.
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Return on Investment
  • Enabled a solid mobile first.
  • Ember experience.
  • Allowed flexibility via the SDK.
  • Allowed us to focus on the business needs over the technology infrastructure.
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ScreenShots

Tavant VELOX Screenshots

Screenshot of Sample landing page for your customers' borrowing experienceScreenshot of Allow customers to view different pricing scenarios to help them choose the best loanScreenshot of Provide customers with details of expected monthly payment and closing costsScreenshot of Loan dashboard so customers know the status of their loan and can engage with outstanding tasks