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Tata BaNCS vs Temenos Transact comparison

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Tata BaNCS

1,206 views|1,044 comparisons
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Temenos Transact

Read 1 Temenos Transact review
3,232 views|2,375 comparisons
100% willing to recommend
Featured Review
Use Tata BaNCS?
Paul Greensted
Offers Straight-Through-Processing as part of our core banking system
This solution has provided us with an all-round banking solution that has local development capabilities.
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Ranking
6th
out of 29 in Core Banking Software
Views
1,206
Comparisons
1,044
Reviews
0
Average Words per Review
0
Rating
N/A
3rd
out of 29 in Core Banking Software
Views
3,232
Comparisons
2,375
Reviews
0
Average Words per Review
0
Rating
N/A
Comparisons
Also Known As
BaNCS
Temenos, Temenos T24
Learn More
Tata
Temenos
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Overview
TCS BaNCS for treasury is an integrated, cross-asset-class platform for front-, middle-, and back-office operations in a treasury function. It is a multi-entity, multi-currency, integrated trading, risk management, processing, settlements and accounting platform, covering specialised and diverse asset-class instruments. It will help the bank streamline workflows and enable decision support by providing real-time, cross-asset-class risk analytics from a single system. The extensive array of asset classes and instruments also make it easier for the Bank to explore a wide range of instruments for portfolio diversification.

Temenos Transact is the most successful and widely used digital core-banking solution in the world. Using cloud-native and agnostic technology, Temenos Transact provides the most extensive and richest set of banking functionality across retail, corporate, treasury, wealth, and payments with over 1000 banks in 150+ countries relying on it to provide market-leading and innovative products and services to their customers.

Sample Customers
Central Securities Clearing System (CSCS) Plc
ABN Amro, Blueshore, Mauritius Commercial Bank Mauritius, Societe Arabe Internationale de Banque, Swissquote Bank, St Raphaels Garda Credit Union, Banco ITAU BBA S.A.,
Top Industries
VISITORS READING REVIEWS
Financial Services Firm33%
Computer Software Company22%
Educational Organization9%
Media Company4%
VISITORS READING REVIEWS
Financial Services Firm33%
Computer Software Company11%
Manufacturing Company8%
Comms Service Provider4%
Company Size
VISITORS READING REVIEWS
Small Business20%
Midsize Enterprise21%
Large Enterprise58%
VISITORS READING REVIEWS
Small Business16%
Midsize Enterprise19%
Large Enterprise65%

Tata BaNCS is ranked 6th in Core Banking Software while Temenos Transact is ranked 3rd in Core Banking Software. Tata BaNCS is rated 0.0, while Temenos Transact is rated 9.0. On the other hand, the top reviewer of Temenos Transact writes "Offers Straight-Through-Processing as part of our core banking system". Tata BaNCS is most compared with EdgeVerve Finacle and Oracle FLEXCUBE, whereas Temenos Transact is most compared with Thought Machine, Oracle FLEXCUBE, Mambu, Avaloq Core and Kastle Core Banking.

See our list of best Core Banking Software vendors.

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