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Al Baraka Bank (Pakistan) Limited
Location
162 Bangalore Town, Main Shahrah-e- Faisal,
Karachi, 75350,
Pakistan
Website
https://www.albaraka.com.pk/
Phone
92 21 111 113 442
Artw industry
Banking and Financial Services
Employee
Revenue

Al Baraka Bank (Pakistan) Limited Technographics

Al Baraka Bank (Pakistan) Limited Software Purchases and Digital Transformation Initiatives

Discover the latest software purchases and digital transformation initiatives being undertaken by Al Baraka Bank (Pakistan) Limited and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 2800 Al Baraka Bank (Pakistan) Limited employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.

During our research, we have identified that Al Baraka Bank (Pakistan) Limited has purchased the following applications: Infosys Finacle for Core Banking in 2016, Microsoft Azure Cloud Services for Application Hosting and Computing Services 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 Al Baraka Bank (Pakistan) Limited is running and its propensity to invest more and deepen its relationship with Infosys , Avanza Solutions , 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 Al Baraka Bank (Pakistan) Limited revenues, which have grown to $729.0 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 Al Baraka Bank (Pakistan) Limited 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.

Al Baraka Bank (Pakistan) Limited Data, Technology Stack, and Enterprise Applications
ERP Services and Operations
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Infosys Legacy Infosys Finacle Core Banking ERP Services and Operations n/a 2016 2016
In 2016, Al Baraka Bank (Pakistan) Limited implemented Infosys Finacle as its Core Banking application. The deployment established Infosys Finacle as the bank's central processing platform for retail and corporate account servicing and transaction processing, aligning the application name Infosys Finacle with the Core Banking category in the bank's technology stack. The implementation focused on standard core banking capabilities including account management, deposits, lending lifecycle support, payments, teller operations, and customer data management, configured to support branch and channel transaction workflows. The Infosys Finacle suite, as positioned by the vendor, also includes Customer Relationship Management and Wealth Management components which can be used alongside core processing for integrated customer lifecycle management. Operationally the rollout centralized core processing for the bank's branch network and digital channels, with configuration governance to standardize product catalogs, pricing, and transaction workflows. System governance emphasized core configuration control, change management, and operational handoffs between IT, operations, risk, and compliance to stabilize day one processing and ongoing core banking operations.
Digital Banking ERP Services and Operations 2019 2020
IaaS
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Microsoft Legacy Microsoft Azure Cloud Services Application Hosting and Computing Services IaaS n/a 2019 2019
IT Decision Makers and Key Stakeholders at Al Baraka Bank (Pakistan) Limited
First Name Last Name Title Function Department Email Phone
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Apps Being Evaluated by Al Baraka Bank (Pakistan) Limited Executives
Date Company Status Vendor Product Category Market
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FAQ - APPS RUN THE WORLD Al Baraka Bank (Pakistan) Limited Technographics

Al Baraka Bank (Pakistan) Limited is a Banking and Financial Services organization based in Pakistan, with around 2800 employees and annual revenues of $729.0 million.

Al Baraka Bank (Pakistan) Limited operates a diverse technology stack with applications such as Infosys Finacle and Microsoft Azure Cloud Services, covering areas like Core Banking and Application Hosting and Computing Services.

Al Baraka Bank (Pakistan) Limited has invested in cloud applications and AI-driven platforms to optimize efficiency and growth, collaborating with vendors such as Infosys and Microsoft.

Al Baraka Bank (Pakistan) Limited recently adopted applications including Avanza Symmetry in 2019, Microsoft Azure Cloud Services in 2019 and Infosys Finacle in 2016, highlighting its ongoing modernization strategy.

APPS RUN THE WORLD maintains an up-to-date database of Al Baraka Bank (Pakistan) Limited’s key decision makers and IT executives, available to Premium subscribers.

Our research team continuously updates Al Baraka Bank (Pakistan) Limited’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 Al Baraka Bank (Pakistan) Limited technographics profile, including detailed breakdowns by category, vendor, and IT decision makers.