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EdgeVerve Finacle vs Oracle FLEXCUBE 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

EdgeVerve Finacle
Ranking in Core Banking Software
6th
Average Rating
9.0
Number of Reviews
1
Ranking in other categories
Digital Banking Engagement Platforms (5th)
Oracle FLEXCUBE
Ranking in Core Banking Software
4th
Average Rating
8.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of January 2026, in the Core Banking Software category, the mindshare of EdgeVerve Finacle is 5.4%, down from 8.1% compared to the previous year. The mindshare of Oracle FLEXCUBE is 11.5%, down from 11.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Core Banking Software Market Share Distribution
ProductMarket Share (%)
Oracle FLEXCUBE11.5%
EdgeVerve Finacle5.4%
Other83.1%
Core Banking Software
 

Featured Reviews

Manojkumar Reddy - PeerSpot reviewer
Associate Technology Consultant at a tech vendor with 10,001+ employees
Core banking operations have become more efficient and support teams deliver faster services
EdgeVerve Finacle offers easy navigation across different modules as well as a user-friendly process. The user-friendly aspect of EdgeVerve Finacle is the UI based on the module which the client or user wants to access, allowing them to simply type the menu name in the searcher and navigate to the particular menu or anywhere they want. EdgeVerve Finacle includes a vast number of options, such as loans, deposit, CASA, payments, and it also includes retail, corporate, and Islamic banking. EdgeVerve Finacle has impacted my organization positively in many ways, including revenue and technology aspects. EdgeVerve Finacle has contributed major revenue to the organization. Technology-wise, we have been using blockchain technology and artificial intelligence, which will be integrated into the core banking solution, and in terms of security, we have taken measures in making the product secure.
Manojkumar Reddy - PeerSpot reviewer
Associate Technology Consultant at a tech vendor with 10,001+ employees
Consulting team has expanded global banking projects and drives secure, compliant operations
Oracle FLEXCUBE has positively impacted our organization as we, being technology consultants with functional knowledge as well as technical knowledge, have helped in acquiring major projects from across the world. The projects completed using Oracle FLEXCUBE have created a positive impact on our organization, including revenue growth and business growth that Oracle FLEXCUBE has provided. The security features offered by Oracle FLEXCUBE meet our expectations and can be considered way beyond expectations. The reporting and analytics capabilities within Oracle FLEXCUBE are quite good and are sufficient for our needs. The customization options available in Oracle FLEXCUBE allow us to customize any module based on client requirements easily, though some features can only be done by the product end. Oracle FLEXCUBE is efficient in handling regulatory compliance and keeping up with changes in regulations.
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Top Industries

By visitors reading reviews
Financial Services Firm
21%
Computer Software Company
20%
University
6%
Energy/Utilities Company
6%
Financial Services Firm
32%
Computer Software Company
14%
Outsourcing Company
9%
Government
6%
 

Company Size

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

Questions from the Community

What is your experience regarding pricing and costs for EdgeVerve Finacle?
I did not purchase EdgeVerve Finacle through the AWS Marketplace.
What needs improvement with EdgeVerve Finacle?
EdgeVerve Finacle can be improved by making more use of technology, artificial intelligence, machine learning, as well as blockchain technology.
What is your primary use case for EdgeVerve Finacle?
EdgeVerve Finacle is primarily used by all banks, major banks, minor banks, or NBFCs for their banking operations. We are one of the service providers to the clients for EdgeVerve Finacle, where we...
What is your experience regarding pricing and costs for Oracle FLEXCUBE?
The experience with pricing, setup cost, and licensing for Oracle FLEXCUBE is moderate, neither high nor low, but moderately high.
What needs improvement with Oracle FLEXCUBE?
Oracle FLEXCUBE can be improved by implementing artificial intelligence and blockchain technology, which most financial institutions in the BFSI sector are incorporating into core banking, making t...
What is your primary use case for Oracle FLEXCUBE?
Oracle FLEXCUBE is one of the major core banking solutions provided by Oracle, where most banks use it as a banking product. We, being technology consultants, recommend clients in improving the pro...
 

Also Known As

Finacle
No data available
 

Overview

 

Sample Customers

Bank Rakyat Indonesia, African Export Import Bank, Union Bank, Standard Bank, Federal Bank
Nedbank Limited, Banca Transilvania S.A., Hampden & Co., TECU Credit Union Co-operative Society Limited