Pay-as-you-grow
You pay for active customers, loans released and transactions, not for branches, terminals or users. The fee follows your volumes.
Why Nextbank
Why switch now?
Philippine banks have had two choices. Local systems are Philippine-native but a generation behind. Foreign cloud platforms are world-class but treat Philippine banking as customization. Nextbank is the only cloud core banking platform that is both Philippine-native and world-class, from the first line of code.
Comparison
How Nextbank compares to the alternatives.
| Nextbank | Foreign cloud | Local legacy | |
|---|---|---|---|
| BSP reports | Generated from the core | System format, mapped manually | Compiled manually |
| Passbooks, cheques, TDs | Built in from day one | Customized | Built in, ageing |
| Philippine payment rails | Connected through the payment module | Separate integration project | Separate integration project |
| New circulars, AFASA | Deployed for every client, included | Change request | Your project |
| Branch data | One system, visible same day | Consolidated | Per branch, consolidated manually |
| Ledger integrity | Whole, or rolled back | Varies | Partial posts possible |
| Scaling | Resize the server, keep the system | Elastic | New servers |
| On-site servers and IT | None. AWS managed for you | None | Per branch |
| Support | Philippines, 24/7, your language | Overseas desk | Per site |
| Pricing | Pay-as-you-grow | License + project | License + installation |
What changes when your bank moves to Nextbank.
-
Built for the Philippines
Designed by a team that came from Philippine banking, in the year BSP opened cloud banking. Passbooks, cheques, time deposits and BSP reports are built in, not customization.
- BSP reports generated from the core
- Philippine payment rails and services connected through the payment module
- New circulars and AFASA deployed to every client, included
- Built in 2017, after the cloud rules existed
-
Accurate data
A transaction posts in full or not at all, so the ledger stays in balance. The general ledger is built in and posts as each transaction happens. Every branch works from one system and head office sees branch figures the same day.
- Whole or rolled back, never half-posted
- General ledger built in, nothing separate to reconcile
- One consolidated system, no manual consolidation
- Discrepancies between branches visible the day they happen
- Audit trail on every action
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Stable at scale
Performance holds at payday and month-end. If the bank grows tenfold, the server is resized and the system stays the same.
- Capacity scales on AWS as load grows
- Payments and reporting run beside the core
- One transaction path, handled whole
-
Runs without on-site IT
We manage the system and the AWS platform under it, security included. Branches hold no hardware to maintain or to fail.
- No per-branch servers
- Remote support, 24/7, in your language, from the team that built the system
- Every update deploys to all clients, included in the subscription
Commercial model
What your subscription covers.
One monthly subscription
Software and support in one predictable fee. Hosting and implementation scoped to your setup.
Updates included
One production build for every client. New versions, fixes and regulatory changes, from new circulars to AFASA, ship to every client at once, included in the subscription. The bank never runs its own upgrade or compliance project.
Someone answers the phone
Support, analysts and QA are in the Philippines, reachable 24/7, from the team that built the system. Chat, email or phone, in your language and your time zone. Issues are investigated remotely the moment they are raised.