Ramat Gan, 5252007,
Israel
Mizrahi-Tefahot Bank Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Mizrahi-Tefahot Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 7523 Mizrahi-Tefahot 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 Mizrahi-Tefahot Bank has purchased the following applications: Finastra Payments To Go for Payment Processing in 2021, Temenos T24 for Core Banking in 2019, Swiftype for Application, Web and Enterprise Search in 2020 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Mizrahi-Tefahot Bank is running and its propensity to invest more and deepen its relationship with Finastra , Temenos , Swiftype 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 Mizrahi-Tefahot Bank revenues, which have grown to $3.43 billion 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 Mizrahi-Tefahot 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.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Finastra | Legacy | Finastra Payments To Go | Payment Processing | ERP Financial Management | n/a | 2021 | 2021 |
In 2021, Mizrahi-Tefahot Bank implemented Finastra Payments To Go as a Payment Processing solution to unify and standardize its domestic and cross-border payment services. Mizrahi-Tefahot Bank deployed Finastra Payments To Go to strengthen payment operations for retail and corporate business functions and to accelerate delivery of frictionless, immediate payments demanded by customers.
Finastra Payments To Go is built on Finastra’s payment hub, Fusion Global PAYplus, and provides best-practice functionality and operating rules for supported clearing and settlement mechanisms, along with standard integration to external applications. The packaged configuration delivers operating rules and pre-configured workflows for immediate payments rails and global liquidity management, with explicit coverage for SWIFT and Zahav clearing channels.
The implementation scope emphasizes retail and corporate payment processing, covering three types of clearing: SWIFT, Zahav Israeli real-time gross settlement, and global liquidity management. Finastra retains responsibility for contracting, onboarding, service operations, upgrades, and billing, which shifts scheme maintenance and operational overhead away from the bank and centralizes service operations under the vendor.
Governance and rollout used a pre-packaged, off-the-shelf delivery model to provide a reduced, fixed implementation cost and faster time to market, while positioning the bank to comply with evolving standards such as ISO 20022. The deployment is intended to remove the need for in-house scheme maintenance and enable Mizrahi-Tefahot Bank to redirect resources toward customer-facing payment services and business growth.
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ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Temenos | Legacy | Temenos T24 | Core Banking | ERP Services and Operations | n/a | 2019 | 2019 |
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Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Swiftype | Legacy | Swiftype | Application, Web and Enterprise Search | Content Management | n/a | 2020 | 2020 |
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Enterprise Content Management | Content Management |
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2015 | 2015 |
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Web Content Management | Content Management |
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2020 | 2020 |
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ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Application Performance Management | ITSM |
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2020 | 2020 |
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