CGI Open Finance vs. SAP for Banking

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
CGI Open Finance
Score 9.6 out of 10
N/A
CGI Open Finance is a digital transformation platform for integrating technology between fintech and banks via an API and orchestration layer.N/A
SAP for Banking
Score 8.3 out of 10
N/A
SAP offers banking software, with a wide range of features for customers of retail and commercial banks, featuring mobile and online self-service support, and on the institution side revenue, performance and risk management, along with payment processing and loan management.N/A
Pricing
CGI Open FinanceSAP for Banking
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
CGI Open FinanceSAP for 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
CGI Open FinanceSAP for Banking
User Ratings
CGI Open FinanceSAP for Banking
Likelihood to Recommend
10.0
(0 ratings)
6.9
(0 ratings)
User Testimonials
CGI Open FinanceSAP for Banking
Likelihood to Recommend
It enable for us to connect our bank account with other fintech to have more reliability, flexibility and transparence between our subsidiaries. It's secure, reliable and fast. The only negative point is you need to have some technical skills to manage the integrations successfully
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SAP [needs] a UI upgrade soon - it is getting difficult to operate, especially when huge transactions are involved. SAP's mobile application however gives easy access to data and we can address and search it when needed. This also helps to provide appropriate information to customers and I can update the transaction details on the go.
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Pros
No answers on this topic
  • Multi Deposit Management
  • Credit & Loan Management
  • Access Live Data
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Cons
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  • The think and thin ledger handling
  • Regulatory compliance need
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Alternatives Considered
CGI open finance is really good to manage our integrations between our different fintech providers. It's totally reliable, secure, easy to implement and fast. It help us a lot to have more flexibility in our organisation between our subsidiaries
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Direct banking-related software is not used but within [the] company, SAP is being used to interface with the Banking system.
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Return on Investment
No answers on this topic
  • Robust solution, highly integrated, data protection, immense cyber security as positive.
  • Highly complex to implement, the need [for] high knowledgeable consultants are negative impacts.
  • Expensive for SME banks.
  • High implementation costs.
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ScreenShots