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Armbusinessbank Armenia
Location
48 Nalbandyan St.,
Yerevan, 10,
Armenia
Website
https://www.armbusinessbank.am/
Phone
374 10-592-020
Artw industry
Banking and Financial Services
Employee
Revenue

Armbusinessbank Armenia Technographics

Armbusinessbank Armenia Software Purchases and Digital Transformation Initiatives

Discover the latest software purchases and digital transformation initiatives being undertaken by Armbusinessbank Armenia and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 500 Armbusinessbank Armenia employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.

During our research, we have identified that Armbusinessbank Armenia has purchased the following applications: Visa Authorize.Net for Payment Processing in 2020, Armsoft AS-Bank for Core Banking in 2014, Sentry for Application Performance Management in 2023 and the related IT decision-makers and key stakeholders.

Our database provides customer insight and contextual information on which enterprise applications and software systems Armbusinessbank Armenia is running and its propensity to invest more and deepen its relationship with Visa , Apple , Armsoft 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 Armbusinessbank Armenia 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 Armbusinessbank Armenia 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.

Armbusinessbank Armenia Data, Technology Stack, and Enterprise Applications
ERP Financial Management
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Visa Legacy Visa Authorize.Net Payment Processing ERP Financial Management n/a 2020 2020
Payment Processing ERP Financial Management 2023 2023
ERP Services and Operations
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Armsoft Legacy Armsoft AS-Bank Core Banking ERP Services and Operations n/a 2014 2015
In 2014, Armbusinessbank Armenia implemented Armsoft AS-Bank, deploying Armsoft AS-Bank for core banking and payments across its branch network in Armenia. The rollout targeted consolidation of branch operations and centralized transaction settlement to unify account processing and clearing across retail and corporate channels. Configuration emphasized vendor-listed core banking and payments capabilities, including core ledger processing, retail deposit account management, loan servicing workflows and payments processing engines. Implementation work focused on aligning product and account structures, transaction routing rules and batch settlement routines consistent with Armsoft AS-Bank functional patterns. Operational coverage extended to the bank's branches in Armenia, where the system was used as the primary processing backbone to standardize teller operations and inter-branch settlement. Integration work concentrated on linking branch front-end systems to central processing, and on embedding transaction settlement workflows across the bank's network to reduce reconciliation variance. Governance changes included centralization of operations and standardized workflows to support branch consolidation and consistent transaction handling. The implementation supported improved transaction settlement across the bank's network, and the Armsoft AS-Bank deployment served as the core processing platform for the bank's finance and payments operations.
ITSM
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Functional Software Legacy Sentry Application Performance Management ITSM n/a 2023 2023
IT Service Management ITSM 2024 2024
PaaS
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Apps Development PaaS 2022 2022
IaaS
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Content Delivery Network IaaS 2013 2013
Content Delivery Network IaaS 2022 2022
Domain Name System (DNS) IaaS 2018 2018
CyberSecurity
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Identity and Access Management (IAM) CyberSecurity 2022 2022
Secure Sockets Layer (SSL) CyberSecurity 2017 2017
Secure Sockets Layer (SSL) CyberSecurity 2021 2021
Secure Sockets Layer (SSL) CyberSecurity 2021 2021
IT Decision Makers and Key Stakeholders at Armbusinessbank Armenia
First Name Last Name Title Function Department Email Phone
No data found
Show All Contacts
Apps Being Evaluated by Armbusinessbank Armenia Executives
Date Company Status Vendor Product Category Market
No data found
FAQ - APPS RUN THE WORLD Armbusinessbank Armenia Technographics

Armbusinessbank Armenia is a Banking and Financial Services organization based in Armenia, with around 500 employees and annual revenues of $60.0 million.

Armbusinessbank Armenia operates a diverse technology stack with applications such as Visa Authorize.Net, Armsoft AS-Bank and Sentry, covering areas like Payment Processing, Core Banking and Application Performance Management.

Armbusinessbank Armenia has invested in cloud applications and AI-driven platforms to optimize efficiency and growth, collaborating with vendors such as Visa, Armsoft and Functional Software.

Armbusinessbank Armenia recently adopted applications including Atlassian Jira Service Desk in 2024, Apple Pay in 2023 and Sentry in 2023, highlighting its ongoing modernization strategy.

APPS RUN THE WORLD maintains an up-to-date database of Armbusinessbank Armenia’s key decision makers and IT executives, available to Premium subscribers.

Our research team continuously updates Armbusinessbank Armenia’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 Armbusinessbank Armenia technographics profile, including detailed breakdowns by category, vendor, and IT decision makers.