Does your company need a top banking software solution? Several vendors have developed top digital solutions and core banking systems most beneficial to all types and sizes of companies. Top vendors include FIS Global, Fiserv, Temenos, CSC, and Ebanq.
In our TOP-10 banking software solutions, we highlight solutions that are suitable for big companies:
- Temenos Transact
- FIS Profile
- Avaloq Banking Suite
Find out how you can tap into these systems to scale operations, improve accounting processes, enhance risk and credit management, and customize payments. Banking software also provides for technology that companies can leverage in the capital markets environment.
1. Temenos Transact
Switzerland-based Temenos offers a massively popular core banking product that is used by multiple banks around the world. A uniquely scalable and customizable solution can suit any company’s local needs. The provider takes the cloud banking concept to a new level with this software solution. Exploit aspects like Credit Card Management, online banking, payments, and risk management capabilities with this product.
EBANQ is a top banking software made for the company that wants to exploit e-banking out of the box. This fully customizable product is ideal for companies that offer payment and remittance services. The white-label banking app is known to offer an excellent turn-key solution for payment institutions, neobanks, banks, cryptocurrency exchanges, remittance companies, and other organizations that manage client accounts.
EBANQ is light and clean, a term used in the banking industry to refer to its ability to load fast on all devices and work correctly with almost all browsers. The app is also a white label. So you can customize it by uploading your colors, icons, and logo to achieve your desired look and feel in no minute. What’s more, EBANQ makes the best use of the latest technology responsive to the changing needs in the online banking industry. Its built-in intelligent and risk control mechanism allows financial institutions to meet customer needs and build trust that enhances growth.
Oracle is one of the leading banking software vendors with wide market visibility. The company’s FLEXCUBE offers a top of the range solution for banks. Notably, however, any business after a system that offers many customizable features will consider Oracle’s product. Big companies that handle large financial transactions and have a huge clientele can benefit from customer’s self-service portals that come with this solution. There are also in-built features that can be tailored to multiply revenues as well as aid in digital marketing strategies.
The most outstanding features of FLEXCUBE are:
- Responsive user interface
- Personalized user experience
- Core functionalities that support all banking needs
- Machine Learning
- Biometric face recognition technology
- Data privacy and compliance with regulatory requirements
As you can see, if you are looking for a universal banking solution that can give you holistic customer views, increase your revenue, and shift your business to the centralized big data processing, you need FLEXCUBE. It has been designed with your needs in mind.
4. FIS Profile
FIS Profile is a Core Banking solution built for both commercial and retail-based enterprises. This cloud-based solution is that business that wants to enhance its ‘profile‘ by automating operations to satisfy customer needs, integrate regulatory compliance, and generally transform their business through fast payment processing.
Among other benefits, banking software offers the following:
- Allows access to credible product libraries. Due to this, banks can launch new financial products within a shorter period.
- Helps banks to have a complete view of the customer’s relationship with the bank. As such, the financial institution can create offerings that are suitable for the needs of different customers.
- Allows the creation of real-time banking systems and ensures efficiency
- Reduces overhead costs
BankWare is a Core Banking Software solution that any bank can use to streamline customer services, increase efficiency, and generally reduce operational costs. Companies after top digital solutions can tap into BankWare for a flexible as well as intuitive system. As a core banking solution, this product is ideal for a company looking for software custom-made for front-end and backend office.
BankWare installation is simple. The process comprises a few components that are matched with your bank’s business requirements. Banks can mix and match the components they wish, as long as they form a logical combination. They also have the freedom to add new components in the future. There is no financial penalty for adding them later.
Mambu provides for software as a service (SaaS) platform that has transformed banking across the globe. Instead of the design of core banking systems, the German-based company offers a composable Banking Engine that helps businesses exploit the digital revolution to meet demands. With Mambu, companies can transform existing operations and launch into new markets all with a user-friendly digital platform.
CorePlus is a web-based banking software solution developed for those seeking versatility in their business operations. The platform comes with a suite of tools and a great user interface for retail banking, transaction monitoring, compliance, and investment banking.
8. Avaloq Banking Suite
Avaloq is a banking software solution its Swiss-based vendor offers as SaaS. The product is also available as a ready-to-use Business Process as a Service (BPaaS). This digital platform supports front-to-end operations with easy user-friendly software modules. Avaloq Banking Suite is for companies that deal with wealth management and private banking. The software comes all ready for use and supports processes and core banking interfaces.
Cleartouch is a top banking software solution from U.S-based firm Fiserv, Inc. The product has been developed to offer a real-time banking solution for banks and other big companies. With this software companies can optimize workflows and improve overall customer experience.
Computer Sciences Corporation offers Celeriti, an enterprise-ready software solution made for those in the banking sector. However, its end-to-end suite of tools allows for integration with any company that is looking to expand on its capabilities. Other than helping businesses improve their customer loyalty, companies can expand their delivery channels and scale processing operations.
Banking software offers the platform that businesses can explore to build and roll out financial products. The software can also help enhance a company’s online banking and improve the overall feel of customer self-service portals.
It is good to pick a software solution from a top vendor as the company usually adheres to regulatory compliance measures. These vendors are also likely to offer products tailored for companies of all ilk- from retail businesses to multinational corporations.
Features to want from a banking software solution include real-time account management, customizable interface, and a customer self-service portal. Others are multi-currency funds support, accounting and workflow processing, and mobile app development.