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Alkami vs. Temenos Transact - Core Banking

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Alkami

    Score7 out of 10
    N/AAlkami 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

    Temenos Transact - Core Banking

    Score7 out of 10
    N/ASwiss 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
    AlkamiTemenos Transact - Core Banking
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    AlkamiTemenos 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
    User Ratings
    AlkamiTemenos Transact - Core Banking
    Likelihood to Recommend
    7.0
    (1 ratings)
    8.0
    (1 ratings)
    User Testimonials
    AlkamiTemenos Transact - Core Banking
    Likelihood to Recommend
    Alkami Technology
    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.
    Incentivized
    Read full review
    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.
    Read full review
    Pros
    Alkami Technology
    • 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.
    Incentivized
    Read full review
    Temenos
    • Payments
    • Retail
    • Corporate
    • Bulk posting
    • 24/7 reports
    Read full review
    Cons
    Alkami Technology
    • 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.
    Incentivized
    Read full review
    Temenos
    • Technical documentation
    • High cost
    • slow when many user are logged in
    Read full review
    Return on Investment
    Alkami Technology
    • Enabled a solid mobile first.
    • Ember experience.
    • Allowed flexibility via the SDK.
    • Allowed us to focus on the business needs over the technology infrastructure.
    Incentivized
    Read full review
    Temenos
    • High number of users
    • Handling bulk posting
    • Payments
    Read full review
    ScreenShots