Oracle FLEXCUBE vs. Symphony™

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Symphony™
Score 9.6 out of 10
N/A
Financial middleware solution for the conversion, validation and transmission of financial messages. Analyze messages regardless of their format: Read and analyze financial messages in various formats and transmit them in other formats, such as SWIFT, VIR 2000, ISO 20022, etc. Facilitate transaction processing: Unbundle transactions atomically and analyzes each transaction and then reconsolidate them in the desired format. Fully…N/A
Pricing
Oracle FLEXCUBESymphony™
Editions & Modules
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Offerings
Pricing Offerings
Oracle FLEXCUBESymphony™
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeRequired
Additional Details
More Pricing Information
Community Pulse
Oracle FLEXCUBESymphony™
User Ratings
Oracle FLEXCUBESymphony™
Likelihood to Recommend
8.8
(0 ratings)
-
(0 ratings)
Support Rating
2.5
(0 ratings)
-
(0 ratings)
User Testimonials
Oracle FLEXCUBESymphony™
Likelihood to Recommend
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
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Pros
  • Retail banking.
  • API integration.
  • Customization flexibility.
  • User experience.
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Cons
  • 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.
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Support Rating
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.
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Alternatives Considered
One of the main reasons to choose the software is to maintain the pre-existing relationship, product functionality, performance, and strong services.
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Return on Investment
  • 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.
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ScreenShots