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NewgenONE Digital Transformation Platform vs Temenos Quantum comparison

Why PeerSpot?
 

Comparison Buyer's Guide

Executive Summary

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

NewgenONE Digital Transform...
Ranking in Low-Code Development Platforms
37th
Average Rating
6.0
Reviews Sentiment
6.1
Number of Reviews
1
Ranking in other categories
Business Orchestration and Automation Technologies (33rd)
Temenos Quantum
Ranking in Low-Code Development Platforms
25th
Average Rating
7.2
Reviews Sentiment
6.7
Number of Reviews
15
Ranking in other categories
Mobile App Platforms (3rd), Mobile Development Platforms (7th), Rapid Application Development Software (27th)
 

Mindshare comparison

As of November 2026, in the Low-Code Development Platforms category, the mindshare of NewgenONE Digital Transformation Platform is 0.9%, up from 0.6% compared to the previous year. The mindshare of Temenos Quantum is 1.6%, up from 1.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Low-Code Development Platforms Mindshare Distribution
ProductMindshare (%)
Temenos Quantum1.6%
NewgenONE Digital Transformation Platform0.9%
Other97.5%
Low-Code Development Platforms
 

Featured Reviews

reviewer2445606 - PeerSpot reviewer
Director - Group IT & Principal Architect at a financial services firm with 10,001+ employees
Automated process efficiency enhanced with improved setup simplicity
I use NewgenONE to automate processes such as onboarding, trade finance, and complete lending. It allows us to automate these processes efficiently NewgenONE has helped to automate repetitive manual tasks and data inputs, reducing the need for user intervention. It is good because it automates…
Saad Zia Soomro - PeerSpot reviewer
Software Engineer at Systems Limited
Enhancing banking with robust security but lacking in comprehensive support
When it comes to their support team, my experience hasn't been particularly positive. We've had numerous interactions with them, and a lot of issues have arisen during these encounters. Most of the time, the support team has been unable to provide guidance or in-depth knowledge about their own product and it seems that the development team, the core team, understands the product far better than the support team.

Quotes from Members

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

Pros

"NewgenONE's document management and workflow approach tools are very useful."
"The main benefit lies in its exceptional speed of implementation."
"Comparing other solutions with Temenos Quantum, the later is less mature and presents several issues. Implementing Temenos Quantum has been challenging, resembling a nightmare compared to the smoother experience with the other."
"I like the complete, professional social site."
"The best feature is the Kony Studio, which is the product that is used to develop interfaces."
"Its greatest advantage lies in its exceptional security and robustness."
"Overall, Kony is the best mobile platform on Gartner, where it has been at the top for the last seven years."
"The initial setup of Temenos Quantum was easy."
"The best thing about Temenos Quantum is how it smoothly connects with Temenos Fabric. This simplifies our quantum application by handling identity, authentication, and security tasks seamlessly, saving us from extra coding."
 

Cons

"Setting up NewgenONE is still a technical task. Simplifying the setup process would make it easier for users."
"It would be highly beneficial if future iterations of Temenos could incorporate support for QR-based payment methods, as it would enhance the platform's capabilities and align it more closely with modern payment trends"
"The security and the interface technology could be better in Temenos Quantum. Additionally, a module that can display all the activities that have been done in the system would be helpful."
"They need to improve their tech support's abilities. They do have a good tech support, but it still requires improvement."
"Using the API manager can be complicated when you're dealing with multiple teams, projects, and APIs. Quantum doesn't have user-based access, so I can't restrict parts of the project to specific users."
"The UI lacks flexibility, especially regarding customizations. There are numerous issues at the fabric end, and working with the visualizer is extremely challenging. Basic development tasks require a high-end machine, and even clicking on an icon initiates a thirty-second processing time. The challenges mainly revolve around fabric and content."
"We would like to have widgets for graphs and analytics, as well as the integration of machine learning."
"In terms of technical support, I think that they are lacking."
"One area where Temenos Quantum could improve is in the flexibility of widgets and additional libraries."
 

Pricing and Cost Advice

Information not available
"​The price is too high. The annual cost for the Kony license is very high. Every year you have to renew it in order to maintain it​"
"It is expensive solution."
"The product is expensive. First, they must purchase the product, and then pay an annual renewal fee. The renewal fee depends on the product details and the license term’s length. Clients can buy licenses for five or ten years and pay for them upfront, or they can set up a yearly renewal cycle."
"Temenos Quantum is an expensive tool. Taking into consideration my company's use of Temenos Quantum for a bank, the costs attached to the solution ranged from 3,00,000 to 5,00,000 USD for building one application for the bank."
"This is an expensive solution, and it is the biggest challenge that we face when we present this platform to customers."
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Top Industries

By visitors reading reviews
Import And Exporter
23%
Construction Company
17%
Comms Service Provider
10%
Outsourcing Company
8%
Financial Services Firm
18%
Outsourcing Company
11%
Comms Service Provider
9%
Manufacturing Company
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business4
Midsize Enterprise2
Large Enterprise10
 

Also Known As

No data available
KonyOne, Kony, Kony Quantum
 

Overview

 

Sample Customers

BNB Bank, National Commercial Bank Jamaica, United Bank, Tokio Marine HCC
Partners FCU, Banco Bolivariano, PSECU, CFG Bank, Commerce Bank
Find out what your peers are saying about Microsoft, Mendix, OutSystems and others in Low-Code Development Platforms. Updated: October 2026.
920,929 professionals have used our research since 2012.