AfrAsia Bank
Bowen Square 10, Dr Ferriere Street,
Port Louis, x,
Mauritius
Port Louis, x,
Mauritius
230 208 5500
Banking and Financial Services
AfrAsia Bank Technographics
AfrAsia Bank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by AfrAsia Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 400 AfrAsia Bank employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that AfrAsia Bank has purchased the following applications: Oracle Cloud ERP for ERP Financial in 2019, Oracle Cloud HCM for Core HR in 2019, Elastic Email API for Transactional Email in 2019 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems AfrAsia Bank is running and its propensity to invest more and deepen its relationship with Oracle , Elastic Email , Microsoft or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing AfrAsia Bank revenues, which have grown to $60.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for AfrAsia Bank intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
AfrAsia Bank Tech Stack and Enterprise Applications
AfrAsia Bank ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Cloud ERP | ERP Financial | ERP | n/a | 2019 | 2019 |
In 2019 AfrAsia Bank implemented Oracle Cloud ERP as an ERP Financial solution to move core finance processes to the cloud and improve employee experience. The bank pursued cloud deployment to ensure data security while offering employees and customers intuitive, mobile applications comparable to consumer apps.
The implementation replaced the finance team’s Excel spreadsheets with Oracle Cloud ERP to provide a single source of accurate information, and the finance deployment completed in about four months. Oracle Cloud ERP modules configured and brought live included procurement, accounts payable, general ledger, accounts receivable, and fixed assets, supporting standard financial close, procure to pay, and record to report workflows.
The success of the finance rollout led AfrAsia Bank to move its human resources applications to Oracle HCM Cloud, and today the bank uses Oracle HCM Cloud to offer standardized HR programs and benefits. Talent management modules help attract, evaluate, and hire candidates, while performance management modules help managers evaluate and coach staff.
Operationally the program centralized transactional finance functions on Oracle Cloud ERP to reduce reliance on spreadsheets and fragmented records, with an emphasis on cloud security and mobile user experience. Governance concentrated on creating a single source of truth for financial data and standard HR program delivery, with the accelerated four month finance rollout informing subsequent HR adoption.
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AfrAsia Bank HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Cloud HCM | Core HR | HCM | n/a | 2019 | 2019 |
In 2019, AfrAsia Bank implemented Oracle Cloud HCM to centralize HR processes in the cloud and provide employees with intuitive, mobile experiences while strengthening data security. Earlier that year the bank transitioned finance processes out of Excel spreadsheets into Oracle ERP Cloud, completing procurement, accounts payable, general ledger, accounts receivable, and fixed assets modules in a roughly four month effort that established a single source of accurate financial information.
Oracle Cloud HCM is deployed as the bank's Core HR platform and is used to standardize HR programs and benefits across the organization. The implementation emphasizes talent management modules to attract, evaluate, and hire candidates, and performance management modules that allow managers to evaluate and coach staff, alongside core employee data and benefits administration functionality typical of Core HR systems.
Operationally the Oracle Cloud HCM deployment is positioned alongside Oracle ERP Cloud to maintain consistent employee and financial data, enabling HR and finance workflows to reference the same authoritative records. The integration between Oracle Cloud HCM and Oracle ERP Cloud supports unified personnel cost accounting and streamlined benefits expense recognition without introducing any named third party integrators.
Governance centered on standardizing HR programs and performance processes, with the platform used bank wide to enforce consistent talent evaluation and hiring workflows. Today AfrAsia Bank uses Oracle Cloud HCM to operate Core HR functions and to support human resources, recruiting, and people management activities across the institution.
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Recruiting, Applicant Tracking System | HCM |
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2017 | 2017 |
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AfrAsia Bank PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Elastic Email | Legacy | Elastic Email API | Transactional Email | PaaS | n/a | 2019 | 2019 |
In 2019, AfrAsia Bank implemented the Elastic Email API to handle Transactional Email for customer-facing flows on its corporate website. The Elastic Email API is used to generate and send transactional messages such as account notifications, authentication and password resets, and other programmatic customer communications originating from the web channel.
Deployment is centered on direct API calls from the bank website application to Elastic Email API, leveraging template-driven message composition and event callbacks for delivery and bounce tracking. Operational coverage is focused on digital banking customer communications and front-office operations, with template management and sending policies governed by the banks digital channels team to centralize message templates, control sending domains, and standardize transactional workflows.
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AfrAsia Bank IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Hosting and Computing Services | IaaS |
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2019 | 2019 |
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AfrAsia Bank CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Secure Email Gateways (SEGs) | CyberSecurity |
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2020 | 2020 |
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IT Decision Makers and Key Stakeholders at AfrAsia Bank
| First Name | Last Name | Title | Function | Department | Phone | |
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Head of Finance and Treasury Back Office | Director | Finance | |
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Senior Finance Manager | Manager | Finance | |
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Senior Finance Manager | Manager | Finance | |
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Finance Manager | Manager | Finance | |
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Information Technology Officer | Manager | IT | |
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Senior Procurement Officer | Director | Procurement | |
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IT Manager,Core Banking Applications | Manager | IT | |
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Manager IT Operations | Manager | IT | |
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Manager Finance | Manager | Finance | |
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Finance Manager | Manager | Finance | |
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IT Officer | Manager | IT | |
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Apps Being Evaluated by AfrAsia Bank Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from AfrAsia Bank IT executives and key decision makers. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the AfrAsia Bank digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
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FAQ - APPS RUN THE WORLD AfrAsia Bank Technographics
AfrAsia Bank is a Banking and Financial Services organization based in Mauritius,
with around 400 employees and annual revenues of $60.0 million.
AfrAsia Bank operates a diverse technology stack with applications such as
Oracle Cloud ERP, Oracle Cloud HCM and Elastic Email API,
covering areas like ERP Financial, Core HR and Transactional Email.
AfrAsia Bank has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Oracle and Elastic Email.
AfrAsia Bank recently adopted applications including
Mimecast Email Security in 2020, Oracle Cloud ERP in 2019 and Oracle Cloud HCM in 2019,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of AfrAsia Bank’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates AfrAsia Bank’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete AfrAsia Bank technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.