--- description: Review of Corniche Software: system overview, features, price and cost information. Get free demos and compare to similar programs on Software Advice Ireland. image: https://gdm-localsites-assets-gfprod.imgix.net/images/software_advice/og_logo-55146305bbe7b450bea05c18e9be9c9a.png title: Corniche | Reviews, Pricing & Demos - SoftwareAdvice IE --- Breadcrumb: [Home](/) > [Banking Software](/directory/4216/banking-systems/software) > [Corniche](/software/454163/Corniche) # Corniche Canonical: https://www.softwareadvice.ie/software/454163/Corniche > Corniche is a banking system that handles the accounting for both the general ledger and customer accounts. Businesses set the rules for customer accounts - whether current or money market, savings or 7-day call accounts, term deposits, loans, and overdrafts, or even commodities whether digital or actual. You set the profit margins to be made on currency FX exchanges. You set the kind of interest and the rates you want to pay or charge on deposits or loans. You can set account-operation fees which are charged periodically. You can set fees for special services such as periodic fees for security, compliance, or one off fees for bankers' references or credit checks. And you can attach fees to transactions such as a fee charged for a transfer of funds from one client to another within the bank. You can use Corniche CUapi to connect your existing client-facing apps to the related accounts in Corniche. And you can use Corniche BOapi to carry out such back-office-related tasks as client management and KYC checks, credit checks, and so on. Corniche uses IFRS standards in its accounting and in the production of financial statements. The number of possible general ledger accounts is far larger than you will need. Currency position accounting is automatic so that when you buy one currency and sell another in an exchange, everything is kept tidy with the proper dual entries in both currencies plus any additional entries for FX profits and for fees. Even better, the internal financial statements - balance sheet and profit and loss - are often unwieldy for use at boardroom level. So Corniche can consolidate the ledgers down to slimline financials more appropriate for summary in the boardroom context. And if your company has to provide financial statements in a specific format to a government body, Corniche will handle that too\! Who are our customers? We support companies from very small - just a few 100 clients - to very large - anywhere up to hundreds of thousands of transactions per day. Some are pure banking; some act as payments intermediaries for the wholesaler trades; one acts as a wallet for travel bookings around the world. Many large Scandinavian loans companies offering pay-day and small business loans use Corniche. Some also offer sales financing to online retailers. > > Verdict: Rated **4.6/5** by 5 users. Top-rated for **Likelihood to recommend**. ----- ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.6/5** | 5 Reviews | | Ease of Use | 4.6/5 | Based on overall reviews | | Customer Support | 5.0/5 | Based on overall reviews | | Value for Money | 4.3/5 | Based on overall reviews | | Features | 4.4/5 | Based on overall reviews | | Recommendation percentage | 90% | (9/10 Likelihood to recommend) | ## About the vendor - **Company**: Megasol Technologies - **Location**: Uppsala, Sweden - **Founded**: 1997 ## Commercial Context - **Pricing model**: Usage Based - **Pricing Details**: Contact Megasol Technologies for outright pricing details. - **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500 - **Deployment & Platforms**: Cloud, SaaS, Web-based, Windows (Desktop), Windows (On-Premise) - **Supported Languages**: Chinese, English, French, Portuguese, Spanish, Swedish - **Available Countries**: Albania, American Samoa, Andorra, Anguilla, Antigua & Barbuda, Argentina, Aruba, Australia, Austria, Bahamas, Bangladesh, Barbados, Belgium, Belize, Bermuda, Bolivia, Bosnia & Herzegovina, Brazil, British Virgin Islands, Canada and 131 more ## Features - API - Accounting - Activity Dashboard - Alerts/Escalation - Authentication - Compliance Management - Compliance Tracking - Core Banking - Corporate Banking - Credit Card Management - Credit Card Processing - Credit Union - Customer Accounts - Document Management - Document Storage - Electronic Payments - Financial Management - Fraud Detection - Investment Banking - Lending Management ## Support Options - Email/Help Desk - Knowledge Base - Phone Support - Chat ## Category - [Banking Software](https://www.softwareadvice.ie/directory/4216/banking-systems/software) ## Alternatives 1. [Temenos](https://www.softwareadvice.ie/software/263029/temenos-transact) — 4.4/5 (69 reviews) 2. [Crowded](https://www.softwareadvice.ie/software/361226/crowded-me) — 4.2/5 (32 reviews) 3. [Qonto](https://www.softwareadvice.ie/software/446773/qonto) — 4.5/5 (242 reviews) 4. [SBS Core Banking](https://www.softwareadvice.ie/software/442042/sbp-core-banking) — 3.8/5 (6 reviews) 5. [TRAC](https://www.softwareadvice.ie/software/423235/trac) — 4.8/5 (49 reviews) ## Reviews ### "CORNICHE REVIEW" — 5.0/5 > **ANIKA** | *11 January 2024* | Banking | Recommendation rating: 10.0/10 > > **Pros**: VERY HELPFUL AND ALSO FRIENDLY USER SYSTEM I EVER USED > > **Cons**: HAVEN'T SET UP HOW TO DO QUARTERLY REPORTS YET IN THE SYSTEM. > > IT IS A SO FRIENDLY USER SYSTEM. NEARLY DOES EVERYTHING/PROCESS A BANK NEEDS ----- ### "Highly recommended system (based on almost 10 years experience)" — 5.0/5 > **Sofiya** | *1 January 2024* | Banking | Recommendation rating: 10.0/10 > > **Pros**: First of all the system is user friendly. If you know what you want to get you find it easily. Transactions are processed with no complications > > **Cons**: I do not think that I can refer to any specific system part > > I use the system 10 years. If I need any guidance or guidelines I always receive the best assistance or support ----- ### "Corniche Review" — 4.0/5 > **Dave** | *18 March 2019* | Computer Software | Recommendation rating: 8.0/10 > > **Pros**: Ability to handle the transaction volumes we require as a Mobility Platform. The ability to configure a wide range of payment and commission structures Reliability of the platform is essential > > **Cons**: I believe that the diversification of the reports could be improved to allow the product to be fully utilised outside of Corniche core markets ----- ### "GOOD SERVICE" — 4.0/5 > **MASSIMILIANO** | *5 March 2019* | Investment Management | Recommendation rating: 9.0/10 > > **Pros**: IS VERY EASY AND VERY PRECISE, IS A GOOD SOFTWARE FOR SMALL FINANCIAL AND BANK COMPANY > > **Cons**: NO PROBLEM IS ALL OK , THE SOFTWARE DOES NOT HAVE ANY PROBLEM IN THE WORK PHASE, IT NEEDS A STABLE CONNECTION TO THE NETWORK > > NO PROBLEM IS ALL OK ----- ### "Reviewing one of the best" — 5.0/5 > **Jim** | *11 April 2017* > > Ideal banking system for a start-up banking operation. The system is a multi- currency bank system. The support team is superior to any banking system i have used in the last forty years. Its' General Ledger is extremely flexible and very user friendly. It handles all the major foreign currencies. it come with many standard reports that are very good for both regulatory and management reporting. It interfaces with SWIFT and other anti-money laundering systems seamlessly ## Links - [View on SoftwareAdvice](https://www.softwareadvice.ie/software/454163/Corniche) ## This page is available in the following languages | Locale | URL | | de | | | en | | | en-AU | | | en-GB | | | en-IE | | | en-NZ | | | fr | | ----- ## Structured Data