Umraniye, 34768,
Turkey
Albaraka Turk Technographics
Albaraka Turk Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Albaraka Turk and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 2826 Albaraka Turk employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Albaraka Turk has purchased the following applications: Infosys Finacle for Core Banking in 2016, Microsoft Azure Cloud Services for Application Hosting and Computing Services in 2021 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Albaraka Turk is running and its propensity to invest more and deepen its relationship with Infosys , Microsoft , Akamai 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 Albaraka Turk revenues, which have grown to $417.0 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 Albaraka Turk 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.
Albaraka Turk Tech Stack and Enterprise Applications
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Infosys | Temenos T24 | Infosys Finacle | Core Banking | ERP Services and Operations | n/a | 2016 | 2016 |
In 2016, Albaraka Turk implemented Infosys Finacle as its Core Banking platform. The deployment encompassed Infosys Finacle Core Banking alongside Customer Relationship Management and Wealth Management solutions, aligning the bank’s core ledger, customer master, deposit and loan servicing, and wealth product management into a single product stack.
The implementation leveraged Finacle’s modular Core Banking architecture to standardize functional workflows across retail banking, corporate banking, customer service, and wealth management operations. Functional modules configured included account management, deposit processing, loan lifecycle management, customer relationship management, and wealth management capabilities, with an emphasis on configurable product factories and straight through processing common to Core Banking deployments.
Operationally the program included a data migration and cutover from Temenos T24, with migration activities focused on customer records, account and loan ledgers, and transactional histories. Rollout planning incorporated phased testing and integration sequencing to minimize operational disruption, and governance was structured around cross‑functional owner teams from product, operations, compliance, and IT. The implementation was reported as completed successfully according to the provided source.
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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 | 2021 | 2021 |
In 2021, Albaraka Turk deployed Microsoft Azure Cloud Services to host its public website and web-facing digital channels. Microsoft Azure Cloud Services is being used as the bank's Application Hosting and Computing Services platform to provide cloud compute and platform capabilities for web workloads.
The implementation leverages category-aligned capabilities typical of Application Hosting and Computing Services, including managed compute resources, autoscaling for variable traffic, load balancing for high availability, and platform-managed security and certificate handling for the public site. Operational scope centers on Albaraka Turk's external web presence in Turkey, supporting marketing and customer-facing content delivery through the Microsoft Azure Cloud Services environment.
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Content Delivery Network | IaaS |
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2016 | 2016 |
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Digital Workspace | IaaS |
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2015 | 2015 |
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IT Decision Makers and Key Stakeholders at Albaraka Turk
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Albaraka Turk Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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