Top 10 Banking ERP Software That Are Trending In 2023

10. Backbase

Backbase is one of the few banking ERP software that offers an omnichannel banking platform. Moreover, there are some unique features such as wealth management and loyalty management, to be offered by the company as well. Backbase already has 80+ institutions as its customer base, which include Deutsche Bank, Barclays, Fidelity, Credit Suisse, and ING.

Enhancing customer experience is one of the primary aims of Backbase. It offers better control, security, and safety to the customers, which leads to growth in customer retention rate. Thus, if you are looking forward to implementing Backbase for your bank, then you can proceed without any hesitation.

9. Mambu

Mambu is considered one of the most successful core banking ERP systems of 2023. It is offered as a SaaS and can be accessed via any browser with an active internet connection. Even though the banking ERP software is comparatively newer than the other mentioned ones, it has already gained 100+ financial and non-financial organizations as its customer base.

The unique set of features of this banking ERP software includes an e-wallet, e-commerce services, and many more. Mambu is very easy to use and has an easy interface, which makes it preferable among users. The cost-effective SaaS engine is certainly one of the best banking ERP software that you can choose for your company.

8. Bricknode

The best thing about Bricknode is that it is easily compatible with any kind of business and any size. However, the software is especially eminent for its core banking features. This banking ERP software is available in both readymade and customizable forms, making it easy for companies to choose the preferable option for themselves.

Some of the specialized features of this software are lending solutions, brokerage facilities, and deposit management. Configuring Bricknode is easy, and it can be connected to the central server of the company. Connecting Bricknode to the central server will allow you to gain better access and control over your organizational activities.   

7. Temenos

Temenos is recognized as the oldest banking ERP software on this list. The software has been offering core banking services for 25 years already. It has over 3,000 clients and serves more than 500 customers each day. The wide and unique range of banking features is the primary reason behind the loyal customer base and the preference for the software.

The advanced technology that Temenos offers via its services is certainly something to be mentioned. The software is designed to manage retail, corporate, public, and private banks. The software precisely takes care of the transactions and enterprise credit, manages risk and retirement plans, and so on. Additionally, there is 24*7 technical support that you can trust, which is certainly beneficial for baking companies.

6. Oracle Flexcube

Next on our list is Oracle Flexcube, which is one of the most popular banking ERP software of 2023. The software is designed in a way that can easily support digital transformation. Oracle Flexcube offers a component-based platform, which is easy to use and easily adoptable by banks of every size.

With a front and back digital capability, you gain a 360-degree digitized platform to manage all of your organizational activities. If your bank is specialized in retail banking, then Oracle Flexcube is the best software for you without any doubt. It also offers machine learning facilities, which leads to enhanced customer satisfaction. Hence, choosing Oracle Flexcube can bring a lot of positive outcomes via your company’s ventures.

5. Banking ERP solution

Banking ERP solution offers several functionalities and features to enhance every kind of activity that a banking organization may have. This banking ERP software is capable of controlling your entire banking system while centralizing and streamlining every process effectively.

The software is mainly a customized project, which means you can construct it based on your requirements. Some of the unique features that the software boasts include crypto banking and an integrated security system. Thus, choosing this banking ERP software for your bank can certainly prove to be worthwhile for your business.

4. Finastra

Finastra offers a three-in-one solution for all banking organizations. You can find digital, commercial, and retail solutions. The primary aim of Finastra is to offer aid to traditional banks, community banks, neo-banks, credit unions, and many more.

It is one of the most innovative and agile banking ERP software you can ever find. It can be customized easily offering the organization the freedom to offer various financial services without facing many issues.

3. FinTech Lab

FinTech Lab is considered one of the best core banking solutions for its flexibility. It is designed in a way that makes it a suitable choice for any bank with any kind of financial business model. Additionally, it boasts a number of enriching and powerful features that easily manage most of the complicated business processes of the banking sector. It has already gained quite a lot of attention in the fintech and Crypto industry.

The banking ERP software was developed with a PSD2-compliant platform, which makes it one of the most trustworthy choices to ever opt for. FinTech Lab has become of one the most used banking ERP software in Europe and Asia as it not only strengthens the workflow of your business but also maintains customer engagement like never before.  

2. Infosys Finacle

The second on our list is Infosys Finacle banking ERP software, which is one of the finest tools to assist traditional banking organizations in digital transformation. Finacle is sold as a cloud-based SaaS product for facilitating customer engagement and cost-efficient options. The primary aim of Finacle is to drive the banking sector towards digitization.

Finacle offers an amalgamation of modern and traditional business components, which makes it easy to leverage data and get accustomed to the software. Different business segments offered by this banking ERP software are wealth, retail, business, corporate, and Islamic banking. Thus, it can certainly be one of the best and most competitive choices for banking ERP software.

1. SDK Finance

The top position in the list of banking ERP software has been acquired by SDK Finance. It is a pioneer in the core banking ERP software market, which offers an API-driven SaaS platform. One of the biggest reasons behind the preference of SDK Finance is its cost-effectiveness, which can be the best probable choice for medium and large baking companies.

The security that the software offers is top-notch, and it is compatible with any business model. All of it makes SDK Finance one of the most flexible banking ERP software available in the market. Some of the unique features of this software include neo-banking, multilingual localization, and e-commerce solutions. Therefore, it is only natural for the software to gain this the top spot in our list of top 10 banking ERP software.

Conclusion

In conclusion of this article, it can be stated that the banking sector is one of the most important industries for an economy, and digitizing the same requires the assistance of the right software, which is banking ERP software. Choosing the right solution can be completed with the help of the list we presented in this article.