Open-source alternative  ·  Core Banking

Replace Temenos T24 with Apache Fineract / Mifos.

Core banking platform for loans, deposits, payments, and regulatory reporting.

You'd keep~R2 220 000/year

Current licence  ·  Core Banking

Temenos T24

~R2 220 000/yr

10-user estimate

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Replace with  ·  Core Banking

Apache Fineract / Mifos

Self-hosted, R0 licence

You keep ~R2 220 000/yr

← Click to flip back

Today's licence price

The tier.

Vendor-advertised pricing converted to ZAR, 10-user estimate.

SaaS

R2 220 000/yr

R185 000/month

Enterprise deployment, approximate monthly subscription

With Apache Fineract / Mifos

Keep R2 220 000/yr

Enterprise and negotiated pricing varies. Book a free audit for your exact number.

Five years on the books

What the spend looks like compounding.

Temenos T24 grows around 10% per year on average. Apache Fineract / Mifos hosting stays flat. Watch the gap open up.

R0kR983kR1966kR2950kR3933kYear 0Year 1Year 2Year 3Year 4Year 5R3575kR222k flatSalesforce (50 users, 10%/yr inflation)SuiteCRM (self-hosted, maintained)

Five-year cumulative saving

R15.80M

Salesforce alone, single tool, 50 users. Stack multiple tools and the maths compounds harder.

How this migration runs

Temenos T24Apache Fineract / Mifos, in four moves.

01

Audit

Workflows, customisations, integrations, users. Mapped against the OSS feature set.

02

Plan

Migration sequence, rollback path, parallel-run schedule. You approve every step before we move.

03

Migrate

Stream the data, verify checksums, replay the audit trail. Both stacks run side by side until cutover passes every test.

04

Operate

Documentation in your repo, monitoring on your infra. We stay on as the team that maintains and grows it.

Same category

Other core banking migrations.

Running one of these alongside? Same migration shop covers both.

Migrate Temenos T24.
Keep the money.

Free audit. 30 minutes. We map your current setup, surface the real licence costs, and show you the migration in time and rand.