SBS Core Banking Platform vs Tuum
SBS Core Banking Platform
sbs-software.comTuum
tuum.comSide by side
| Figure | SBS Core Banking Platform | Tuum |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| API | Yes | Yes |
| Self-hosted | Yes | Yes |
| Plans published | 1 | 1 |
| Spec score · Core Banking Software | 7.5 (#10) | 7.4 (#13) |
| Core banking | The platform supports deposits, savings, lending, payments, servicing, compliance, and reporting. | Its core banking module supports account, lending, and payment capabilities, including multi-currency accounts and virtual IBANs. |
| Deployment | Deployment options include public cloud, private cloud, SaaS, hybrid, and on-premise. | Tuum describes public cloud, private cloud, on-premises, and hybrid deployment options. |
| Founded | 1968 | 2019 |
| Implementation | Implementation timelines vary by customer needs, and the vendor says its accelerated deployment methods and SaaS delivery can speed time to market. | Tuum says its average core banking implementation takes less than 7 months to go live. |
| Intended customers | SBS says the platform serves retail, corporate, private, microfinance, investment, Islamic, mortgage, and savings institutions. | Tuum says it serves institutions ranging from multinational banks to fintechs and small and medium-sized enterprises. |
| Lending | It supports retail, corporate, microfinance, and mortgage lending with workflows for scoring, underwriting, and loan servicing. | Tuum’s lending module supports secured and unsecured lending, consumer loans, mortgages, and Banking-as-a-Service lending models. |
| Modules | The platform offers more than 250 modules. | Customers can select the capabilities they need from core banking, cards, Islamic banking, lending, and payments modules. |
| Pricing availability | The product page directs prospective customers to book a demo or contact SBS and does not display a price. | The official pages reviewed direct prospective customers to book a demo and do not publish a numeric product price. |
| Who it serves | SBS says its core banking solutions serve retail, corporate, private, microfinance, investment, Islamic, mortgage, and savings institutions. | Tuum says it is designed for traditional banks, neobanks, digital-first financial institutions, fintechs, NBFIs, EMIs, and PSPs. |
Plans
SBS Core Banking Platform
- SBS Core Banking PlatformPriced on request
In their own words
SBS Core Banking Platform
SBS Core Banking Platform is a paid core banking system for institutions handling savings, deposits, lending, payments, servicing, compliance, and reporting. It manages onboarding, KYC, customer profiles, accounts, limits, signatures, and multi-currency operations. Lending workflows cover retail, corporate, microfinance, and mortgage products, including scoring, underwriting, and loan servicing. Real-time payments and card services include straight-through processing, API integrations, and lifecycle management. Banks can configure products, personalize offers, change pricing or conditions, and launch variants. SBS lists more than 250 modules and more than 250 REST APIs, plus pre-integrated partner solutions. Deployment can use public or private cloud, SaaS, hybrid, or on-premise environments. The platform includes fraud monitoring, AML, KYC, risk tools, security standards, payment interoperability, and local compliance capabilities. Banks can run new and legacy systems together while migrating incrementally. SBS says the platform serves institutions in more than 80 countries. Pricing is on request.
Tuum
Tuum is a modular core banking platform for banks and financial institutions, with capabilities for accounts, payments, lending, cards and Islamic banking. Customers can select modules, and an API-first microservices architecture is intended to support incremental modernization alongside legacy systems. Deployment options include public cloud, private cloud, on-premises and hybrid environments. Tuum says open APIs and pre-built integrations connect third-party systems and providers. Listed payment integrations include Centrolink, Currencycloud, LHV and Banking Circle, with AML connectivity from ComplyAdvantage and Hawk; card connections include Nets and Paymentology, plus Mastercard tokenization through MDES. The platform supports multi-currency accounts and virtual IBANs, card issuing and processing, and payment operations including SEPA, SWIFT, FX and direct debits. Tuum states support for more than 2,500 transactions per second and 99.99% uptime. Its Islamic Banking module is described as AAOIFI-compliant. Tuum says average core banking implementation takes less than seven months. Founded in 2019 and headquartered in Tallinn, Estonia, the company offers pricing on request and directs prospective customers to book a demo. It is a software vendor, not a provider of an EMI or banking license.