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OutSystems vs Temenos Transact Comparison

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Overview

OutSystems is a modern application platform, with AI-powered automation across the entire application lifecycle to help you...

Temenos Transact is a cloud-based and on-premise core banking software, which enables corporate, retail, or private banks...

  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials
  • Platforms supported
  • Web-based
  • iPhone app
  • Android app
  • Windows Phone app
  • Typical customers
  • Freelancers
  • Small businesses
  • Mid size businesses
  • Large enterprises
  • Customer support
  • Phone
  • Online
  • Knowledge base
  • Video tutorials

Screenshots

Pricing

Starting from
/
No info available
/
  • Free trial available
  • No credit card required
  • Free account
  • Subscription based
Starting from
/
No info available
/
  • Free trial available
  • No credit card required
  • Free account
  • Subscription based

User reviews

5

4

3

2

1

224

106

9

0

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
99%
would recommend this app

4.7

(19)

5

4

3

2

1

14

5

0

0

0

  • Value for money
  • Ease of use
  • Features
  • Customer support
100%
would recommend this app

Pros

Secure, feature rich, great support, great performance, easy to learn development environment.
You will always get best solutions through this community & expert advice's as well. Development is fun with Outsystems, if you have ever worked in.
It is scalable and the vendor is a very customer friendly interested in the success of the customer doing well with the platform.

Pros

Out of the box performance is superb, provided you meet recommended hardware and software requirements.
The beauty of technical and function features is awesome. It is very flexible and can do whatevr you want and very robust.
I have use muliple banking software in different banks but i found Temenos T-24 best amongst all of them due to its reliability and control over the transactions.

Cons

I was sceptical at first but it has proven me wrong. It is a way to talk about business value instead of code and deploy this fast to your customers.
It can be quite expensive, and sometimes when there is performance issues with a lot of integrations it can be hard to proof that its not the outsystems platform thats lagging.
We made choices regarding the licensing model (application objects) that were bad architecture chooses we had to fix later on.

Cons

Occasionally the disbursement errors are hard to figure out. Eventually you will catch on and know what to fix.
Somethink in T24 takes a lot of time,such as COB(close of business day),select,enquiries.I think this problems related with database.
The Temenos runs via network so when main servers will down all the network collapse.
  • Vendor responds to reviews
  • Last review2 months ago
  • Vendor responds to reviews
  • Last review5 months ago

Key features

  • Total features26
  • API
  • Access Control
  • Activity Dashboard
  • Agile Software Development
  • Analytics
  • Auditing
  • Authentication
  • Batch Processing
  • Behavior Tracking
  • Burndown Charts
  • Business Analysis
  • Campaign Analysis
  • Campaign Management
  • Cash Flow Management
  • Cash Management
  • Configuration Management
  • Custom Development
  • Customer Accounts
  • Data Synchronization
  • Data Visualization
  • Design Management
  • Electronic Payments
  • Employee Self Service
  • Feedback Management
  • File Management
  • Lifecycle Management
  • Mobile Integration
  • Multi-Language
  • Multiple Data Sources
  • Permission Management
  • Predictive Analytics
  • Prioritizing
  • Profitability Analysis
  • Question Branching
  • Real Time Analytics
  • Real Time Data
  • Real Time Monitoring
  • Real Time Reporting
  • Reporting & Statistics
  • Role Management
  • Role-Based Permissions
  • Secure Login
  • Software Development Kit
  • Third Party Integration
  • Transaction Monitoring
  • User Management
  • User Stories
  • Version Control
  • Workflow Management
  • Total features26
  • API
  • Access Control
  • Activity Dashboard
  • Agile Software Development
  • Analytics
  • Auditing
  • Authentication
  • Batch Processing
  • Behavior Tracking
  • Burndown Charts
  • Business Analysis
  • Campaign Analysis
  • Campaign Management
  • Cash Flow Management
  • Cash Management
  • Configuration Management
  • Custom Development
  • Customer Accounts
  • Data Synchronization
  • Data Visualization
  • Design Management
  • Electronic Payments
  • Employee Self Service
  • Feedback Management
  • File Management
  • Lifecycle Management
  • Mobile Integration
  • Multi-Language
  • Multiple Data Sources
  • Permission Management
  • Predictive Analytics
  • Prioritizing
  • Profitability Analysis
  • Question Branching
  • Real Time Analytics
  • Real Time Data
  • Real Time Monitoring
  • Real Time Reporting
  • Reporting & Statistics
  • Role Management
  • Role-Based Permissions
  • Secure Login
  • Software Development Kit
  • Third Party Integration
  • Transaction Monitoring
  • User Management
  • User Stories
  • Version Control
  • Workflow Management

Integrations

  • Total integrations18
  • Asana
  • Box
  • Dropbox Business
  • Facebook
  • GitHub
  • Google Drive
  • Jira
  • Mailchimp
  • Microsoft 365
  • Microsoft Azure
  • NetSuite
  • Opsgenie
  • PagerDuty
  • Salesforce Sales Cloud
  • ServiceNow
  • Slack
  • Trello
  • Twitter
  • Zapier
  • Zendesk
  • Total integrations3
  • Asana
  • Box
  • Dropbox Business
  • Facebook
  • GitHub
  • Google Drive
  • Jira
  • Mailchimp
  • Microsoft 365
  • Microsoft Azure
  • NetSuite
  • Opsgenie
  • PagerDuty
  • Salesforce Sales Cloud
  • ServiceNow
  • Slack
  • Trello
  • Twitter
  • Zapier
  • Zendesk

Security

  • Encryption of sensitive data at rest
  • HTTPS for all pages (web-based apps)
  • Reports/alerts for security breaches
  • Multifactor authentication options
  • Customer data removed upon service cancellation
  • Encryption of sensitive data at rest
  • HTTPS for all pages (web-based apps)
  • Reports/alerts for security breaches
  • Multifactor authentication options
  • Customer data removed upon service cancellation

OutSystems vs. Temenos Transact

See how OutSystems and Temenos Transact stack up against each other by comparing features, pricing, ratings and reviews, integrations, screenshots and security. Compare real user opinions on the pros and cons to make more informed decisions.

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