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Apex vs Temenos. Apex Alternative. Temenos Alternative

What’s the best core banking platform for your business?

Competition in the banking industry is intensifying. Next-generation banks are winning market share by targeting lucrative niches in the value chain, forcing incumbent banks to review their legacy platforms. 

The good news is that there are many tools to help banks modernize quickly and efficiently. In fact, more than 65% of surveyed banks are exploring the potential of next-generation core banking platforms. 

Apex Softwares 

With over 30 years of combined experience, Apex Softwares aims to deliver a wide range of solutions for automation of financial operations in the banking sector. Apex’s cloud-based core banking platform has been chosen for 20+ projects by companies in Africa, Europe, and New Zealand. 

The company offers a wide-range of solutions for automation of financial operations covering banking areas such as retail banking services, portfolio management, and savings, current and fixed deposit accounts.

Temenos

Founded in 1993, Temenos is one of the world’s top core banking software systems. After over 25 years of providing best-selling software for financial institutions, Temenos boasts unbeatable experience and a wide range of system integrations. 

Rich functionality and cutting-edge technology made Temenos the go-to for over 3,000 current clients and 41 of the world’s top 50 banks, serving more than 500 million customers every day. The platform is designed to help retail, corporate, and private banks manage transactions, risk, enterprise credit, and much more. 

Apex SoftwaresTemenos
Founded20071993
Number of clients20+ projects3,000
HeadquartersNairobi, KenyaGeneva, Switzerland
Customer profileMicrofinance, banks, African cooperative savings and credit associationsRetail, corporate, universal, private, Islamic and microfinance & community banks.
Number of end-customers500 million
Number of employees4,600
Number of offices68
SolutionsRetail and Mobile Banking
ATM Switch systems
Reporting and BI
System Integrations
Infinity – Digital Front Office
T24 Transact – Core Banking
Payments
Infinity Wealth
Fund Management

Core Banking Software alternatives

SDK.finance

SDK.finance is the core payment software provider with a strong API layer for banks and FinTechs. Founded in 2013 and based in Vilnius, Lithuania, they offer a highly secure and mobile-ready solution to delight banking customers and take the lead in the open banking world.

The Platform consists of 5 main components: a back-end wrapped in 400+ API endpoints, 3 front-end frameworks, and web for system management with capabilities in iOS and Android for our clients.

SDK.finance offers Digital Retail Bank software in whitelabel. 

Click here to learn more about the SDK.finance core banking platform, its features & functionality, use cases, integrations, and API, security, and used technologies.