Tata BaNCS vs Temenos Transact comparison

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1,249 views|1,083 comparisons
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3,342 views|2,446 comparisons
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Top Answer:Hey there! Considering your need for seamless customer onboarding with Temenos T24, I'd recommend checking out Cleveroad's fintech solutions at https://www.cleveroad.com/indu.... They specialize in… more »
Ranking
6th
Views
1,249
Comparisons
1,083
Reviews
0
Average Words per Review
0
Rating
N/A
3rd
Views
3,342
Comparisons
2,446
Reviews
0
Average Words per Review
0
Rating
N/A
Comparisons
Also Known As
BaNCS
Temenos, Temenos T24
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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 Firm35%
Computer Software Company21%
Educational Organization9%
Media Company4%
VISITORS READING REVIEWS
Financial Services Firm33%
Computer Software Company11%
Manufacturing Company8%
Comms Service Provider4%
Company Size
VISITORS READING REVIEWS
Small Business18%
Midsize Enterprise22%
Large Enterprise60%
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 Oracle FLEXCUBE, Thought Machine, Mambu, Avaloq Core and Kastle Core Banking.

See our list of best Core Banking Software vendors.

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