Finastra vs Oracle FLEXCUBE comparison

Finastra and Oracle are both solutions in the Core Banking Software category. Finastra is ranked #5 with an average rating of 8.0, while Oracle is ranked #4. Finastra holds a 4.8% mindshare in BS, compared to Oracle’s 11.5% mindshare. Additionally, 100% of Finastra users are willing to recommend the solution, compared to 100% of Oracle users who would recommend it.

Finastra

Read 1 Finastra review

949 Views
541 Comparison Views

100% willing to recommend

Oracle FLEXCUBE

Read 1 Oracle FLEXCUBE review

1,120 Views
1,120 Comparison Views

100% willing to recommend

Finastra

Oracle FLEXCUBE

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

Finastra

Ranking in Core Banking Software

5th

Average Rating

8.0

Number of Reviews

Ranking in other categories

Loan Management Software (1st), Digital Banking Engagement Platforms (3rd)

Oracle FLEXCUBE

Ranking in Core Banking Software

4th

Average Rating

8.0

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of January 2026, in the Core Banking Software category, the mindshare of Finastra is 4.8%, up from 3.8% 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
Product	Market Share (%)
Oracle FLEXCUBE	11.5%
Finastra	4.8%
Other	83.7%

Core Banking Software

Featured Reviews

Vidhyambika Hareendran

Senior Test Engineer in Payments and Trade Domain at a tech vendor with 10,001+ employees

Have worked on long-term trade finance projects and efficiently validated transaction reports

When we face any issues, we raise a ticket to Finastra, and then we track it, depending on the issues, using a separate tracking portal on a daily or weekly basis based on severity and priority. For the support team, I would give them a score of eight out of ten.

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Manojkumar Reddy

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

26%

Real Estate/Law Firm

Outsourcing Company

Healthcare Company

Financial Services Firm

32%

Computer Software Company

14%

Outsourcing Company

Government

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What is your experience regarding pricing and costs for Finastra?

I'm working for a client using Finastra, so I'm not exactly aware of the license cost as that is handled by a different team.

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What needs improvement with Finastra?

In terms of support quality and speed, they support us well, but in recent releases, we found some unusual bugs generated, which we have raised, especially regarding alignment issues.

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What is your primary use case for Finastra?

We mainly use Finastra for trade and finance, initiating LCs and documentary collections, and we validate postings and report validations. I'm part of the testing team and not involved in the deplo...

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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.

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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...

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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...

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Compared 5% of the time

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Compared 22% of the time

Tata BaNCS vs Oracle FLEXCUBE

Compared 20% of the time

EdgeVerve Finacle vs Oracle FLEXCUBE

Compared 15% of the time

eMACH.ai Core Banking vs Oracle FLEXCUBE

Compared 10% of the time

FinCraft Core Banking vs Oracle FLEXCUBE

Compared 7% of the time

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Overview

At Finastra our purpose is to unlock the power of finance for everyone. We build and deliver innovative, next-generation technology on our open Fusion software architecture and cloud ecosystem.

Finastra

Oracle FLEXCUBE Core Banking helps banks overcome the challenges of intense competition, reduced margins, and increased customer expectations by creating a unique competitive advantage built upon improved profitability and an extended customer reach.

Oracle

Sample Customers

IFIC Bank, Ecobank, Natixis, Silvergate Bank, Commencement Bank, Itau BBA, Commonwealth Bank of Australia

Nedbank Limited, Banca Transilvania S.A., Hampden & Co., TECU Credit Union Co-operative Society Limited

See our list of best Core Banking Software vendors.

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