Top 25 core banking software companies and systems

7 mins read


VirtuaQ is a queue management system, one part of the huge and secure IT infrastructure that banks require. To ensure seamless integration, we work with their existing vendors, integrators and legacy system providers, some of whom are listed below.

25 core banking software companies and systemsWe maintain lists of everything from core banking software companies and systems to digital display screen and signage player providers.
Whether you want a UPI solution or Bharat Bill Payment System, ATM / POS solution, Internet banking setup, IMPS, mobile or tablet banking app, secure two-factor authentication, or any other banking service, these companies can do it for you.
This is a compilation of all the major core banking software providers we have on our list. Some we work with already, and we’d definitely like to work with lots more of these fintech providers.

1. EdgeVerve Finacle.

Finacle is a core banking system developed by Edgeverge, a wholly-owned subsidiary of Infosys, that enables banks to provide digital banking services to their customers.
Address : Plot No. 47, Sy. No. 10, Hosur Rd, Electronics City Phase 1, Bengaluru, Karnataka 560100
Website : https://www.edgeverve.com/finacle

2. Oracle FLEXCUBE Core Banking.

Oracle FLEXCUBE Universal Banking is core banking software designed to modernize a bank’s core systems and support digital transformation of banking processes and systems of the future.
Address : N/a
Website : https://www.oracle.com/in/industries/financial-services/banking/flexcube-universal-banking/

3. Tata Consultancy Services (TCS) BaNCS.

The TCS BaNCS Global Banking Platform, deployed at more than 400 financial institutions, enables your bank to offer products and services to customers throughout their lifecycle and across all touch points.
Address : N/a
Website : https://www.tcs.com/bancs

4. Wipro Core Banking As-a-Service.

Wipro offers Core Banking As-a-Service offering for financial institutions wherein you get access to a hosted core banking application and the underlying technology infrastructure on a variabilized cost model.
Address : Doddakannelli, Sarjapur Road, Bengaluru 560035
Website : https://www.wipro.com/

5. SAP Banking and Financial Services.

SAP provides a digital platform to enable banks to better serve current customers and reach the underbanked to support financial inclusion. The platform includes services and technologies such as mobile banking apps, omnichannel banking, and digital banking analytics.
Address : 6th Floor, RMZ Ecoworld, 8A Campus, Sarjapur-Marathahalli Outer Ring Road Devarabeesanahalli Bangalore - 560 103
Website : https://www.sap.com/india/industries/banking.html

6. Temenos T24 Transact.

Temenos T24 Transact, used by over 700 banks across the world, is a core banking system that allows banks to set up product definitions, do transaction processing including accounts and deposits and more sophisticated corporate DDAs with complex features.
Address : 2 Rue de l’Ecole-de-Chimie CH - 1205 Geneva Switzerland
Website : https://www.temenos.com/products/t24-transact/

7. C-Edge Technologies Ltd.

C-Edge is a joint venture between Tata Consultancy Services Ltd. (TCS) and State Bank of India (SBI), created to provide transformational capability to the Indian financial services and emerging markets by addressing major technology needs of this industry.
Address : 9th Floor, A-Wing Lodha i-Think Techno Campus Pokharan Road Number 2 Off, Eastern Express Hwy, Chirak Nagar, Thane West, Thane, Maharashtra 400607
Website : https://cedge.in/

8. NCR Corporation digital banking solutions.

NCR, which has 15 million consumers using their digital banking solutions, offers an open, flexible platform that helps you innovate faster for less cost and risk.
Address : 864 Spring St NW Atlanta, GA 30308 United States
Website : https://www.ncr.com/

9. Finastra Fusion core banking software.

Finastra, the third largest Fintech company in the world created with the merger of Misys and D+H, has a line of Fusion core banking software platforms that help traditional banks, challenger or Neo banks, community banks and credit unions deliver the desired consumer and staff experience.
Address : 285 Madison Avenue 4th Floor New York, NY10017 United States
Website : https://www.finastra.com/

10. Fiserv banking platforms.

Fiserv, Inc. (NASDAQ: FISV) has one of the largest banking solution providers in the United States, delivering solutions and services more quickly and efficiently, creating a unified cross-channel customer experience.
Address : 255 Fiserv Drive Brookfield, WI 53045 United States
Website : https://www.fiserv.com/en/industries/banks.html

11. Finacus Solutions Pvt. Ltd.

Finacus is a banking solutions and payment systems partner for over 100 financial institutions. Their offerings include FinCORE, a fully browser-based and modular core banking system, and an Aadhar-based eKYC (know your customer) process for opening new accounts without physical upload of ID and address proof documents.
Address : 7 C, Senior Estate, Near Sona Udyog, Parsi Panchayat Road, Andheri (East), Mumbai, Maharashtra 400069
Website : https://www.finacus.co.in/

12. TrustBankCBS.

TRUSTBANKCBS is a integrated-yet-modular core banking solution that caters to all the needs of a modern financial institution and its multiple business segments.
Address : Plot No.11/4, IT Park, Gayatri Nagar, Nagpur - 440022 Maharashtra, India
Website : http://trustbankcbs.com/

13. 3i Infotech

3i Infotech provides a range of products that enable banks to efficiently manage their retail operations, including internet and core banking, fraud detection, universal lending, and risk management.
Address : 3i Infotech Ltd. Tower # 5, 3rd to 6th Floors International Infotech Park, Vashi, Navi Mumbai 400 703.
Website : https://www.3i-infotech.com/

14. Websoftex Software Solutions Pvt. Ltd.

Websoftex Microfinance Banking software is a customized tool for managing your co-operative society of any type.
Address : Websoftex Software Solutions Pvt. Ltd. #240/A, 3rd Cross, Gokula 1st, Stage, 1st Phase Mathikere, Bangalore - 560 054, Karnataka, India
Website : http://microfinancesoftware.net/

15. Encore360.

Launched in 2013, encore360™ is a lending management and core accounting suite for the alternative financial services industry, including MFIs, NBFCs, P2P Lending Platforms and other innovators in financial inclusion.
Address : 359, 16th Main, 34th Cross, Jayanagar 4th T Block, Bangalore 560041 India
Website : https://www.encore360.io/

16. JMR Infotech.

JMR Infotech is an industry leader in banking and related technologies. Our core banking solutions help in identifying potential risks related to different banking processes and measure their impact on overall performance.
Address : Beta Building, Sigma Soft Tech Park, Whitefield Bangalore - 560 066
Website : https://www.jmrinfotech.com/

17. Data Mate from DataVision.

DataMate is a web based, multi-user, multi-currency and real-time, on-line Centralized Banking System that enables retail, consumer, commercial and transaction banking delivered across channels such as the branch, ATM, Internet, mobile, interactive voice response (IVR), and SMS banking.
Address : Uchil Heights, Jagdishnagar Raj Bhavan Road, Aundh Pune Maharashtra India 411007
Website : http://www.datavsn.com/

18. Virmati Software and Telecommunications Ltd.

Virmati is a preeminent IT solutions and delivery group with marquee offerings in verticals of BFSI (banking and finance), government ERP, enterprise ERP and web commerce platforms.
Address : No.9, Garden View Corporates, Opp. AUDA Garden, Sindhu Bhavan Road, Bodakdev, Ahmedabad - 380059, (Gujarat) INDIA.
Website : http://www.virmati.com/core-banking-system.html

19. CSI NuPoint® Core Processing.

CSI NuPoint is a core banking platform with cloud-based architecture that eliminates hardware and software expenditures. Manage everything from loans to fraud detection and risk, customer engagement, transaction processing, and business intelligence and analytics.
Address : 3901 Technology Drive, Paducah, KY 42001 United States
Website : https://www.csiweb.com/

20. AutoBank from T.M. Systems.

TM Systems AutoBank is a proven core banking system with a track record of more than 25 years, and is being utilized in more than 125 Banks.
Address : 804,Aditya Building, Mithakhali Six Roads, Ellisbridge, Ahmedabad, Gujarat
Website : http://www.autobank.co.in/

21. Banc 724 from Zenith Software Ltd.

Banc 724 from Zenith Software is a product suite that includes a core banking solution, financial inclusion, PACS Solution, SMS banking solution, Internet banking solution, mobile banking solution, door step banking solution, cheque truncation solution, eKYC & cKYC, personalised cheque printing solution, interface to payment gateways, effective MIS Reports, and ABPS, PMJJY, and PFMS.
Address : 'Zenith House' 4, Industrial Layout, Koramangala, Bangalore 560095,
Website : https://www.zenithsoft.com/

22. SmartBanker from RAM Informatics Limited.

SmartBanker™ is a completely web-based and centralized product platform for corporate and retail banking automation deployed at hundreds of bank branches, managing over 2 million transactions daily.
Address : Aakanksha, 3rd Floor, 8-2-293/82/JIII/564A-22/1, Road No.92, Jubilee Hills, Hyderabad - 500 033
Website : http://www.raminfo.com/

23. FIS Modern Banking Platform.

FIS (NYSE: ARCA) has a cloud-native core banking platform designed with API-first functionality. Plug-and-play to build the bank you need today. Lower your costs, reduce IT burden, manage regulatory demands and easily launch new products with FIS.
Address : N/a
Website : https://www.fisglobal.com/

24. Urbis core banking software solution from Unisys.

Whether you’re a credit union, community bank or a large multinational financial institution, Unisys Corporation (NYSE: UIS) has a core banking system to meet your needs.
Address : N/a
Website : https://www.unisys.com/

25. Jack Henry Banking.

Jack Henry Banking, a division of Jack Henry & Associates (Nasdaq: JKHY), started as a provider of off-the-shelf banking software, and now supports more than 1,300 banks ranging from community banks to multi-billion dollar institutions.
Address : 663 W Hwy 60 Monett, MO 65708​ United States
Website : https://www.jackhenry.com/banks/core-solutions/pages/default.aspx


By Neel Padmanabhan

February 7th, 2020 ·




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