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About OpenCBS

OpenCBS is a core banking system software from Open Octopus that supports digital change solutions. It combines functional coverage, OpenCBS Cloud, and a loan origination solution to help financial institutions improve their service offerings. OpenCBS includes a tablet application for on-the-go access and provides software as a service for flexibility. The platform also offers customization and project management support, ensuring that organizations can tailor the solution to their specific needs. Key capabilities: functional coverage OpenCBS Cloud loan origination solution tablet application project management Best for: financial institutions that need comprehensive banking solutions for improving operational efficiency and customer service.

OpenCBS Details

Vendor
Open Octopus
Year Launched
2013
Location
Smart-Space 3F, Units 908-915 Cyberport 3, Core F 100 Cyberport Road HONG KONG
Deployment
cloud
Training Options
live online, in person
Countries Served
All Countries
Languages
Arabic, English, French, Spanish, Russian, Portuguese, Bahasa Indonesia, Ukrainian, Vietnamese, German, Chinese
Users
Small to large financial institutions, including microfinance institutions and NGOs
Industries Served
Microfinance Institutions, NGOs, Banks, Credit Companies.
Tags
Banking, Microfinance, Loan management, Financial services, Credit scoring, Accounting, Financial Inclusion, Cloud-based

OpenCBS's In-App Market Place

Does OpenCBS have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), INR (₹), AUD (A$), CAD (C$), JPY (¥), CNY (¥), SGD (S$), CHF (CHF), NZD (NZ$), HKD (HK$), SEK (kr), DKK (kr), NOK (kr), KRW (₩), ZAR (R), BRL (R$), RUB (₽), TRY (₺), IDR (Rp)

Pros & Cons

  • Low cost: OpenCBS is a cost-effective solution for small and medium-sized financial institutions.
  • Core banking functionalities: It offers essential features like loan management, deposit management, and accounting.
  • Open-source: Being open-source, it allows for customization and flexibility.
  • Technical complexity: It can be challenging to deploy and maintain, especially for those without technical expertise.
  • Limited support: As an open-source software, official support might be limited compared to commercial options.
  • User interface: The user interface may not be as user-friendly as commercial software.
  • Integration challenges: Integrating with other systems and third-party applications can be complex.

OpenCBS's Support Options

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