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Oracle FLEXCUBE vs. Temenos Transact - Core Banking

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Oracle FLEXCUBE

    Score8.3 out of 10
    N/AOracle's FLEXCUBE is a system for banks featuring customer self-service portals, revenue maximization features and some inbuilt marketing features.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
    Oracle FLEXCUBETemenos Transact - Core Banking
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Oracle FLEXCUBETemenos 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
    Community Pulse
    Oracle FLEXCUBETemenos Transact - Core Banking
    Considered Both Products
    Oracle
    No answer on this topic
    Temenos
    No answer on this topic
    Key User Insights
    Would buy again
    80%
    Would buy again
    4 Answers
    No answers on this topic
    Delivers good value for the price
    No answers on this topic
    No answers on this topic
    Happy with the feature set
    80%
    Happy with the feature set
    4 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    User Ratings
    Oracle FLEXCUBETemenos Transact - Core Banking
    Likelihood to Recommend
    8.8
    (5 ratings)
    8.0
    (1 ratings)
    Support Rating
    2.5
    (2 ratings)
    -
    (0 ratings)
    User Testimonials
    Oracle FLEXCUBETemenos Transact - Core Banking
    Likelihood to Recommend
    Oracle
    The system is very user-friendly and provides help in performing UAT and making the processes live, payment method opt without interacting with humans. Automation of the processes is marvelous.
    Incentivized
    Read full review
    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.
    Read full review
    Pros
    Oracle
    • Scalability
    • Multi Lingual
    • The modules covers all areas of banking
    • Integration with other solutions
    Incentivized
    Read full review
    Temenos
    • Payments
    • Retail
    • Corporate
    • Bulk posting
    • 24/7 reports
    Read full review
    Cons
    Oracle
    • Improve workflow for frontline user
    • Established own implementation resource rather than use a partner
    • It would be good if Oracle maintained a local support office in Cambodia
    Incentivized
    Read full review
    Temenos
    • Technical documentation
    • High cost
    • slow when many user are logged in
    Read full review
    Support Rating
    Oracle
    Support is very expensive and not always up to speed with the market and the latest developments. The support is highly fragmented as well and split among 2-3 Oracle departments.
    Incentivized
    Read full review
    Temenos
    No answers on this topic
    Alternatives Considered
    Oracle
    Incentivized
    Read full review
    Temenos
    No answers on this topic
    Return on Investment
    Oracle
    • Wholesale banking for cash trade.
    • Payments of cash.
    • Treasury and lending.
    Incentivized
    Read full review
    Temenos
    • High number of users
    • Handling bulk posting
    • Payments
    Read full review
    ScreenShots