TrustRadius

SAP for Banking vs. Symphony™

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
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
SAP for BankingSymphony™
Editions & Modules
No answers on this topic
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Offerings
Pricing Offerings
SAP for BankingSymphony™
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
SAP for BankingSymphony™
User Ratings
SAP for BankingSymphony™
Likelihood to Recommend
6.9
(0 ratings)
-
(0 ratings)
User Testimonials
SAP for BankingSymphony™
Likelihood to Recommend
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.
Ayush Seth | TrustRadius Reviewer
Ayush Seth
Deputy Manager
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No answers on this topic
Pros
  • Multi Deposit Management
  • Credit & Loan Management
  • Access Live Data
Verified User
Anonymous
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Cons
  • The think and thin ledger handling
  • Regulatory compliance need
Verified User
Anonymous
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Alternatives Considered
Direct banking-related software is not used but within [the] company, SAP is being used to interface with the Banking system.
Verified User
Anonymous
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Return on Investment
  • 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.
Verified User
Anonymous
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ScreenShots