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Avaloq Core vs Thought Machine comparison

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Avaloq Core
Ranking in Core Banking Software
8th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
No ranking in other categories
Thought Machine
Ranking in Core Banking Software
3rd
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of January 2026, in the Core Banking Software category, the mindshare of Avaloq Core is 4.6%, down from 4.7% compared to the previous year. The mindshare of Thought Machine is 12.1%, down from 23.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Core Banking Software Market Share Distribution
ProductMarket Share (%)
Thought Machine12.1%
Avaloq Core4.6%
Other83.3%
Core Banking Software
 

Top Industries

By visitors reading reviews
Financial Services Firm
37%
Computer Software Company
12%
Comms Service Provider
9%
Construction Company
5%
Financial Services Firm
24%
Computer Software Company
15%
Comms Service Provider
8%
University
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
 

Overview

 

Sample Customers

Information Not Available
LLOYDS BANK, Atom, SEB, Standard Chartered