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EdgeVerve Finacle 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

EdgeVerve Finacle
Ranking in Core Banking Software
6th
Average Rating
0.0
Number of Reviews
0
Ranking in other categories
Digital Banking Engagement Platforms (5th)
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 March 2026, in the Core Banking Software category, the mindshare of EdgeVerve Finacle is 5.9%, down from 7.2% compared to the previous year. The mindshare of Thought Machine is 10.7%, down from 22.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Core Banking Software Mindshare Distribution
ProductMindshare (%)
Thought Machine10.7%
EdgeVerve Finacle5.9%
Other83.4%
Core Banking Software
 

Top Industries

By visitors reading reviews
Financial Services Firm
22%
Computer Software Company
16%
Energy/Utilities Company
7%
University
7%
Financial Services Firm
23%
Computer Software Company
14%
Comms Service Provider
9%
Insurance Company
5%
 

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...
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Also Known As

Finacle
No data available
 

Overview

 

Sample Customers

Bank Rakyat Indonesia, African Export Import Bank, Union Bank, Standard Bank, Federal Bank
LLOYDS BANK, Atom, SEB, Standard Chartered