Help to stop the war! Stand with Ukraine!
Contact Us

Avaloq vs Temenos. Avaloq 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. 

Avaloq

Avaloq’s core banking platform used by LGT, Deutsche Bank, and Barclays, among many others, offers optimized efficiency and future-proofed software. With more than 70 modules and digital solutions, the highly modular platform can be seamlessly integrated and scaled to best match the needs of a client.

Avaloq’s system delivers out-of-the-box efficiency with the flexibility to run ‘as is’. The company’s tried and tested process gets many banks and wealth managers up and running in just 90 days. The platform excels at reducing redundancies and streamlining back-office operations, so staff can focus on high-value tasks while clients receive superior digital service.   

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. 

AvaloqTemenos
Founded19851993
Number of clients1503,000
HeadquartersZurich, SwitzerlandGeneva, Switzerland
Customer profileWealth managers, retail banksRetail, corporate, universal, private, Islamic and microfinance & community banks.
Number of end-customersUnknown – $4.5 trillion in assets500 million
Number of employees2,0004,600
Number of offices2468
SolutionsAvaloq Core
Avaloq Wealth
Avaloq Engage
Avaloq Insight
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.