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CGI Open Finance vs. Temenos Transact - Core Banking

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    CGI Open Finance

    Score9.6 out of 10
    N/ACGI Open Finance is a digital transformation platform for integrating technology between fintech and banks via an API and orchestration layer.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
    CGI Open FinanceTemenos Transact - Core Banking
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    CGI Open FinanceTemenos 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
    CGI Open FinanceTemenos Transact - Core Banking
    Likelihood to Recommend
    10.0
    (1 ratings)
    8.0
    (1 ratings)
    User Testimonials
    CGI Open FinanceTemenos Transact - Core Banking
    Likelihood to Recommend
    CGI
    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
    Incentivized
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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
    CGI
    No answers on this topic
    Temenos
    • Payments
    • Retail
    • Corporate
    • Bulk posting
    • 24/7 reports
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    Cons
    CGI
    No answers on this topic
    Temenos
    • Technical documentation
    • High cost
    • slow when many user are logged in
    Read full review
    Alternatives Considered
    CGI
    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
    Incentivized
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    Temenos
    No answers on this topic
    Return on Investment
    CGI
    No answers on this topic
    Temenos
    • High number of users
    • Handling bulk posting
    • Payments
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    ScreenShots