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Avaloq Banking Suite vs. Oracle FLEXCUBE

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Avaloq Banking Suite
Score 8.0 out of 10
N/A
The Avaloq Banking Suite comprises a modular banking solution of back, middle and front office functionalities. Its complete integration allows end-to-end coverage of processes with maximum efficiency and flexibility. For the most expensive roles in the financial institutions, the Avaloq Banking Suite provides dedicated business applications with maximum…N/A
Oracle FLEXCUBE
Score 8.3 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
Pricing
Avaloq Banking SuiteOracle FLEXCUBE
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Avaloq Banking SuiteOracle FLEXCUBE
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
Avaloq Banking SuiteOracle FLEXCUBE
User Ratings
Avaloq Banking SuiteOracle FLEXCUBE
Likelihood to Recommend
-
(0 ratings)
8.8
(0 ratings)
Support Rating
-
(0 ratings)
2.5
(0 ratings)
User Testimonials
Avaloq Banking SuiteOracle FLEXCUBE
Likelihood to Recommend
No answers on this topic
Oracle FLEXCUBE is fantastic in almost all areas of banking from retail banking to corporate banking to Islamic banking. The technology stack it runs on is also brilliant however it will be of great help if the installation process is simplified to reduce the time to market during implementation. Also with regards to integrations, there should be more materials readily available for the non-standard integrations like the process of clearing files from ATM/POS
Verified User
Anonymous
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Pros
No answers on this topic
  • Retail banking.
  • API integration.
  • Customization flexibility.
  • User experience.
Muhammad Adil Mujeeb | TrustRadius Reviewer
Muhammad Adil Mujeeb
Senior System Analyst
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Cons
No answers on this topic
  • It is utterly non-intuitive and not user-friendly for the front-end user. This applies to v.11.
  • Customization, though reliable, is costly.
  • Millennials have a hard time to adapt to it given that they are used to the intuitive app world.
Verified User
Anonymous
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Support Rating
No answers on this topic
Implementation support being done by an Oracle partner with less care than Oracle's resource. Most of the resources from the partner are weak in knowledge and we need a longer time to resolve fixes.
Verified User
Anonymous
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Alternatives Considered
No answers on this topic
One of the main reasons to choose the software is to maintain the pre-existing relationship, product functionality, performance, and strong services.
SHEHROZ AKRAM | TrustRadius Reviewer
SHEHROZ AKRAM
HR Applications Specialist - Oracle HRMS & OD (Human Resource) at Meezan Bank Ltd.
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Return on Investment
No answers on this topic
  • A little bit of high-cost investment in both hardware and license
  • High maintenance cost
  • Even at the high cost it has the capacity and allows the bank to integrate with other systems and enable us to go into the Cambodian market faster.
Verified User
Anonymous
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ScreenShots