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NewgenONE Digital Transformation Platform vs Temenos Quantum comparison

Why PeerSpot?
 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

NewgenONE Digital Transform...
Ranking in Low-Code Development Platforms
32nd
Average Rating
6.0
Reviews Sentiment
6.1
Number of Reviews
1
Ranking in other categories
Business Orchestration and Automation Technologies (28th)
Temenos Quantum
Ranking in Low-Code Development Platforms
26th
Average Rating
7.2
Reviews Sentiment
6.7
Number of Reviews
15
Ranking in other categories
Mobile App Platforms (3rd), Mobile Development Platforms (6th), Rapid Application Development Software (29th)
 

Mindshare comparison

As of October 2026, in the Low-Code Development Platforms category, the mindshare of NewgenONE Digital Transformation Platform is 0.9%, up from 0.5% compared to the previous year. The mindshare of Temenos Quantum is 1.6%, up from 0.9% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Low-Code Development Platforms Mindshare Distribution
ProductMindshare (%)
Temenos Quantum1.6%
NewgenONE Digital Transformation Platform0.9%
Other97.5%
Low-Code Development Platforms
 

Featured Reviews

reviewer2445606 - PeerSpot reviewer
Director - Group IT & Principal Architect at a financial services firm with 10,001+ employees
Automated process efficiency enhanced with improved setup simplicity
I use NewgenONE to automate processes such as onboarding, trade finance, and complete lending. It allows us to automate these processes efficiently NewgenONE has helped to automate repetitive manual tasks and data inputs, reducing the need for user intervention. It is good because it automates…
NA
Staff Engineer at Nagarro
User-friendly for creating app interfaces
In my experience, one area where Temenos Quantum could improve is in the flexibility of widgets and additional libraries. While Temenos provides a set of widgets for development, they may not meet all requirements, and crafting custom widgets or libraries can be quite a challenge. Unlike some other platforms, Temenos Quantum doesn't readily offer extra libraries, meaning developers like me have to write our own code to create the specific widgets we need. This can be a time-consuming and complex process.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"NewgenONE's document management and workflow approach tools are very useful."
"Its greatest advantage lies in its exceptional security and robustness."
"It is an important solution for reducing the development efforts by developing a mobile application efficiently, in a shorter period of time, across multiple platforms, such as Android and iOS."
"It is a single platform that can cater to mobile and web development requirements, making it convenient for businesses looking to transition into the digital space."
"The main benefit lies in its exceptional speed of implementation."
"I like the complete, professional social site."
"You can build your own customized, native, mobile applications in an efficient matter."
"You can do rapid development across multiple platforms.​"
"The most valuable features of Temenos Quantum are user-friendliness and customizability."
 

Cons

"Setting up NewgenONE is still a technical task. Simplifying the setup process would make it easier for users."
"The product needs more native features."
"One area where Temenos Quantum could improve is in the flexibility of widgets and additional libraries."
"The technology of the solution needs an update. It is deficient in terms of connectivity."
"Using the API manager can be complicated when you're dealing with multiple teams, projects, and APIs. Quantum doesn't have user-based access, so I can't restrict parts of the project to specific users."
"Temenos Quantum needs to improve its usability. It lacks information on the network. We have to contact the support when we are stuck with something."
"The security and the interface technology could be better in Temenos Quantum. Additionally, a module that can display all the activities that have been done in the system would be helpful."
"There is definitely room for improvement, especially in the areas of AI, AR, and DR for mobile and web applications"
"The UI lacks flexibility, especially regarding customizations. There are numerous issues at the fabric end, and working with the visualizer is extremely challenging. Basic development tasks require a high-end machine, and even clicking on an icon initiates a thirty-second processing time. The challenges mainly revolve around fabric and content."
 

Pricing and Cost Advice

Information not available
"The product is expensive. First, they must purchase the product, and then pay an annual renewal fee. The renewal fee depends on the product details and the license term’s length. Clients can buy licenses for five or ten years and pay for them upfront, or they can set up a yearly renewal cycle."
"It is expensive solution."
"​The price is too high. The annual cost for the Kony license is very high. Every year you have to renew it in order to maintain it​"
"Temenos Quantum is an expensive tool. Taking into consideration my company's use of Temenos Quantum for a bank, the costs attached to the solution ranged from 3,00,000 to 5,00,000 USD for building one application for the bank."
"This is an expensive solution, and it is the biggest challenge that we face when we present this platform to customers."
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Top Industries

By visitors reading reviews
Import And Exporter
23%
Construction Company
17%
Comms Service Provider
8%
Outsourcing Company
8%
Financial Services Firm
21%
Outsourcing Company
11%
Manufacturing Company
9%
Comms Service Provider
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business4
Midsize Enterprise2
Large Enterprise10
 

Questions from the Community

What needs improvement with NewgenONE Digital Transformation Platform?
Setting up NewgenONE is still a technical task. Simplifying the setup process would make it easier for users. Even when using other systems like MQ, you need some technical skills for integration.
What is your primary use case for NewgenONE Digital Transformation Platform?
I use NewgenONE to automate processes such as onboarding, trade finance, and complete lending. It allows us to automate these processes efficiently.
What advice do you have for others considering NewgenONE Digital Transformation Platform?
NewgenONE works well for business process automation (BPA) and suits specific work for the BFS side. However, it requires considerable improvement in certain areas.
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Also Known As

No data available
KonyOne, Kony, Kony Quantum
 

Overview

 

Sample Customers

BNB Bank, National Commercial Bank Jamaica, United Bank, Tokio Marine HCC
Partners FCU, Banco Bolivariano, PSECU, CFG Bank, Commerce Bank
Find out what your peers are saying about Microsoft, Mendix, OutSystems and others in Low-Code Development Platforms. Updated: October 2026.
917,403 professionals have used our research since 2012.