Oracle FLEXCUBE vs. TCS BaNCS

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
TCS BaNCS
Score 7.8 out of 10
N/A
TATA Consultancy Services offers TCS BaNCS, a cloud-based platform promising resiliency and scalability, as well as lower IT overhead, for banks.N/A
Pricing
Oracle FLEXCUBETCS BaNCS
Editions & Modules
No answers on this topic
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Offerings
Pricing Offerings
Oracle FLEXCUBETCS BaNCS
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
Oracle FLEXCUBETCS BaNCS
User Ratings
Oracle FLEXCUBETCS BaNCS
Likelihood to Recommend
8.8
(0 ratings)
7.8
(0 ratings)
Support Rating
2.5
(0 ratings)
-
(0 ratings)
User Testimonials
Oracle FLEXCUBETCS BaNCS
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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The application works well for Wealth Management, Insurance, and core banking tools as it has a ground-up level and information that makes it one of a kind with unique features to support each of the mentioned. The BaNCS allowed us to migrate to digital-only at the earliest timeframe and adapt to the modern banking expectation of our clients.
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Pros
  • Retail banking.
  • API integration.
  • Customization flexibility.
  • User experience.
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  • Evaluation and contracting
  • Integration
  • Deployment
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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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No answers on this topic
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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Strong customer focus, support and good integration capabilities
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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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  • Good revenue growth
  • Improved process
  • Improved service
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ScreenShots