Best Cloud-Based Core Banking Solutions Companies

Temenos (SWX: TEMN) focuses on improving the banking industry through its platform services. It offers a banking platform that caters to a variety of players in the industry, including large and small banks, non-banks, partners, and developers. The company primarily serves the banking and fintech industries. Temenos was formerly known as Temenos Systems. It was founded in 1993 and is based in Geneva, Switzerland.

BackBase is a company that focuses on providing an Engagement Banking Platform in the financial technology sector. The company offers a platform that enables banks to modernize their customer journeys and business operations, by gradually replacing or decomposing legacy systems and constructing a modern customer engagement orchestration architecture. The platform is primarily sold to the banking industry. It was founded in 2003 and is based in Amsterdam, Netherlands.

Finastra provides a range of financial services, treasury, lending, and banking software solutions. The company offers a wide range of services including lending and corporate banking, payments, treasury and capital markets, universal banking, and investment management. It primarily serves the financial technology industry. It was founded in 2017 and is based in London, United Kingdom.

FIS provides financial technology solutions in the commerce and financial transactions sector. It offers services such as payment processing, banking software, and investment services to assist businesses and individuals. It serves clients in the financial services industry, including banks and merchants. FIS was formerly known as Systematics. It was founded in 1968 and is based in Jacksonville, Florida.

Fiserv operates as a global financial technology and payments company. The company provides solutions for banking, global commerce, merchant acquisition, billing and payments, and point-of-sale. It helps businesses to accept payments, and manage their finances. It offers solutions for financial institutions, the public sector, large and small enterprises, and more. It was founded in 1984 and is based in Milwaukee, Wisconsin.

Intellect Design Arena Limited provides software development and related services for banking, insurance, and other financial services in India and internationally. The company offers platforms and products, such as iGTB, a digital transaction banking platform that provides digital payment, liquidity, supply chain finance, and trade products; iGCB, a full-spectrum suite of consumer banking products comprising digital core, digital lending, digital wealth, and quantum central banking; iRTM, a risk, treasury, and markets platform that supports straight-through processing (STP) and various asset classes over a configurable and scalable platform; Intellect SEEC, an insurance solution; and Intellect Wealth Qube, a digital wealth management solution with STP from front and mid to back office for private and commercial banks, wealth and asset management firms, advisory firms, brokers/dealers, trusts, and IFAs to service various client segments.

Mambu is a software-as-a-service (SaaS) company that focuses on providing a cloud banking platform within the financial services industry. The company offers a composable banking infrastructure that enables clients to create and manage lending and deposit services, as well as integrate with various application programming interfaces (APIs) for a customizable financial experience. Mambu primarily serves sectors such as banks, credit unions, and retailers looking to offer digital financial products. It was founded in 2011 and is based in Amsterdam, Netherlands.

nCino operates as a cloud-based banking platform. The platform allows financial institutions to manage every aspect of the commercial banking process, corporate banking process, treasury management process, consumer banking process, and more. nCino primarily serves the financial services industry. It was founded in 2011 and is based in Wilmington, North Carolina.

Nymbus operates in the financial services industry and provides alternatives to traditional banking business models. The company offers products and solutions designed to enable financial institutions of all sizes to grow and serve their customers without the need for core conversion. Nymbus primarily caters to banks and credit unions looking to launch digital banking services, create niche financial brands, or deploy core banking platforms. It was founded in 2015 and is based in Jacksonville, Florida.

Oracle is a cloud technology company offering a wide range of computing infrastructure and software solutions in the business hardware and software industry. The company's main offerings include cloud applications and cloud platform services designed to help organizations innovate, achieve sustainable growth, and improve their operational resilience. Oracle's products are utilized across various sectors, including government, scientific research, and businesses of all sizes. It was founded in 1977 and is based in Austin, Texas.

Tata Consultancy Services specializes in Information technology services, consulting, and business solutions across various industries. The company offers a portfolio of business, technology, and engineering services and solutions, utilizing its unique Location location-independent agile delivery model. Tata Consultancy Services caters to a diverse range of sectors including banking, healthcare, retail, and more, providing services such as artificial intelligence, cloud solutions, and cybersecurity. It was founded in 1968 and is based in Mumbai, India.

Technisys provides a digital banking platform. It delivers differentiation by financial institutions to create customized financial products and meaningful recommendations to customers at the point of need. It was founded in 1995 and is based in Miami, Florida. In February 2022, Technisys was acquired by SoFi.

Thought Machine specializes in core banking software and operates within the financial technology sector. The company offers a cloud-native core banking platform, Vault Core, and a payment processing platform, Vault Payments, which enable banks to create and manage a wide range of financial products and payment schemes. Thought Machine's products are designed to provide banks with flexibility, control, and the ability to deploy on any cloud infrastructure. It was founded in 2014 and is based in London, United Kingdom.

Tuum specializes in core banking solutions within the financial technology sector. They provide a modular core banking platform that allows banks to replace legacy systems and launch new financial products, including accounts, lending, payments, and cards. Tuum's platform serves the financial industry by enabling the creation of unique banking models and the integration of partner solutions. It was formerly known as Modularbank. It was founded in 2019 and is based in Tallinn, Estonia.

Zafin specializes in banking digital transformation and core modernization within the financial services industry. The company offers a SaaS product and pricing platform that enables financial institutions to design and manage pricing, products, and packages, as well as streamline core banking systems for improved agility and customer engagement. Zafin's solutions cater primarily to the banking industry, enhancing operational efficiency, customer experience, and revenue growth through personalized pricing and product management. It was founded in 2002 and is based in Toronto, Canada.