Finastra Essence vs Temenos Financial Crime Mitigation
Finastra Essence
finastra.com
Temenos Financial Crime Mitigation
temenos.comSide by side
| Figure | Finastra Essence | Temenos Financial Crime Mitigation |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | — |
| API | Yes | Yes |
| Self-hosted | Yes | Yes |
| Plans published | 1 | 0 |
| Spec score · Banking Systems | 7.4 (#9) | 6.5 (#12) |
| Founded | 2017 | 1993 |
| Headquarters | London, United Kingdom | Geneva, Switzerland |
| Integration | Open APIs and event-driven architecture support integration with ecosystems and partners. | FCM APIs are available to customers and partners, and the product can be deployed in full or by individual components. |
| Support | Finastra directs Essence customers to select the product on its customer support page to find support contact options. | The FCM portal lists technical support at [email protected]. |
Plans
In their own words
Finastra Essence
Finastra Essence is a paid core banking solution built on microservices and open APIs, with real-time processing for deposits, lending and payments. It covers accounts, limits, fees, servicing and multicurrency processing across retail, SME, commercial and Shariah-compliant banking. Finastra positions it for digital challengers, fintechs, established banks and building societies. A no-code product composer and configurable business rules help banks create and adapt products. Its dynamic dashboard provides a 360-degree customer view, performance metrics and data insights. Open APIs and event-driven architecture support links with ecosystems and partners; listed complementary applications include VeriPark Digital Channels, Salt Edge Open Banking Compliance, 01 Systems SigCap and Sumsub. Finastra describes Essence as cloud-first and identifies a SaaS deployment on Microsoft Azure. The system is designed for continuous 24/7 operations, scalability and resilience. It is available through API, self-hosted and web options.
Temenos Financial Crime Mitigation
Temenos Financial Crime Mitigation has no write-up on Specifiction yet; its figures are above.