Bank of Montreal
129 rue Saint-Jacques,
Montreal, QC H2Y 1L6, QC,
Canada
Montreal, QC H2Y 1L6, QC,
Canada
1 416-867-5050
Banking and Financial Services
Bank of Montreal Technographics
Bank of Montreal Software Purchases and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Bank of Montreal and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 53597 Bank of Montreal employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Bank of Montreal has purchased the following applications: Kofax MarkView for AP Automation in 2010, Alight Benefits Administration for Benefits Administration in 2018, TIBCO BPM Enterprise for Business Process Management in 2015 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Bank of Montreal is running and its propensity to invest more and deepen its relationship with Tungsten Automation , Coupa Software , SAP 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 Bank of Montreal revenues, which have grown to $25.19 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 Bank of Montreal 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.
Bank of Montreal Data, Technology Stack, and Enterprise Applications
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Tungsten Automation | Legacy | Kofax MarkView | AP Automation | ERP Financial Management | n/a | 2010 | 2010 |
In 2010 Bank of Montreal upgraded to Kofax MarkView to modernize AP Automation workflows. The engagement was a cloud based Kofax MarkView upgrade from version 6.4 to 8.0 delivered as a Platform as a Service, and the vendor on the engagement was Tungsten Automation.
The Kofax MarkView implementation centralized invoice capture and document imaging, implemented automated invoice processing and approval workflow routing, and configured exception handling and archival capabilities. Configuration work focused on workflow automation, configurable approval hierarchies, and electronic records retention consistent with AP Automation functional patterns. The deployment used the Kofax MarkView application stack to provision processing, workflow orchestration, and storage in the PaaS environment.
Operational scope centered on Accounts Payable and finance operations within Bank of Montreal, aligning invoice intake, validation, and authorization processes to the new AP Automation platform. Tungsten Automation worked with internal finance and IT stakeholders on configuration, cutover planning, and staged rollout sequencing. Governance included change control for workflow and rule sets, role based access controls for approvals and audit review, and handover deliverables such as documentation and end user training for AP staff.
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AP Automation | ERP Financial Management |
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2020 | 2020 |
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ERP Financial | ERP Financial Management |
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2020 | 2022 |
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ERP Financial | ERP Financial Management |
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2018 | 2018 |
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Expense Management | ERP Financial Management |
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2014 | 2014 |
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Payment Processing | ERP Financial Management |
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2018 | 2018 |
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Payment Processing | ERP Financial Management |
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2022 | 2022 |
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HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Alight Solutions | Legacy | Alight Benefits Administration | Benefits Administration | HCM | n/a | 2018 | 2018 |
In 2018, Bank of Montreal implemented Alight Benefits Administration to provide Benefits Administration for employee benefits and retirement management. The deployment targeted active employees who are instructed to access my Benefits & Retirement via the link in Workday, establishing a clear Company Application Category Business Function relationship between Bank of Montreal, Alight Benefits Administration, Benefits Administration and employee benefits and retirement management.
Alight Benefits Administration at Bank of Montreal was configured to support core self-service capabilities, including learn about, view and manage benefits and retirement information. The implementation surface includes explicit new user onboarding workflows that require Create a User ID, form-based entry fields for User ID and Password, a Forgot User ID or Password recovery flow and contextual Help resources, consistent with standard benefits enrollment and benefits education modules.
Operational access is integrated at the portal level with Workday as the entry point, while the requirement to create separate credentials indicates application-specific authentication and account provisioning rather than implicit single sign-on. The web interface is instrumented for accessibility, with guidance to use the site with a screen reader, and the experience is governed through user account lifecycle processes for active employees.
Governance and operational ownership reside with HR benefits and retirement administration functions, reflected in the requirement to route active employee access through Workday and to enforce account creation and password management procedures. Administrative workflows include user provisioning, credential recovery and on-screen help, aligning system controls with benefits administration operational practices.
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Candidate Relationship Management | HCM |
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2018 | 2018 |
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Candidate Relationship Management | HCM |
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2022 | 2022 |
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Compensation Management | HCM |
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2019 | 2019 |
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Core HR | HCM |
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2019 | 2019 |
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Core HR | HCM |
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2014 | 2015 |
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Digital Adoption | HCM |
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2020 | 2020 |
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Employee Experience | HCM |
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2021 | 2021 |
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Employee Experience | HCM |
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2019 | 2019 |
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Learning and Development | HCM |
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2019 | 2019 |
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Onboarding | HCM |
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2021 | 2021 |
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Recruiting Chatbot | HCM |
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2018 | 2018 |
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Recruiting, Applicant Tracking System | HCM |
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2012 | 2012 |
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Recruiting, Applicant Tracking System | HCM |
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2019 | 2019 |
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Task Management | HCM |
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2017 | 2017 |
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Time and Attendance | HCM |
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2018 | 2018 |
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Video Interviewing | HCM |
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2017 | 2017 |
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Workforce Management | HCM |
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2019 | 2019 |
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Workforce Scheduling | HCM |
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2014 | 2015 |
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ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| TIBCO Software | Legacy | TIBCO BPM Enterprise | Business Process Management | ERP Services and Operations | n/a | 2015 | 2015 |
In 2015, Bank of Montreal implemented TIBCO BPM Enterprise to centralize real-time customer engagement and automate approvals across retail and commercial channels. The deployment leveraged TIBCO Software to deliver Business Process Management capabilities that combine event processing, workflow automation, and decisioning.
TIBCO BPM Enterprise was configured to run automated BPM workflows and resource assignment for commercial lending and mortgage approvals, and to orchestrate real-time event processing and decision logic. Functional capabilities implemented include workflow orchestration, automated approvals, resource assignment, event-driven triggers, and data visualization to support timely decision making.
Integrations connected TIBCO BPM Enterprise to the bank's integration platform to enable straight-through processing and to ingest clickstream and historical customer behavior feeds so offers and actions could be informed by past and current interactions. Operational coverage extended across branches, call centers, and digital channels and across all lines of business so agents and tellers had visibility into prior channel activity when interacting with customers.
Governance and process changes standardized approval workflows and instrumented event triggers to shorten decision cycles and assign resources automatically. Explicit outcomes reported include 30 to 50 percent reductions in time to market for business process automations, 40 to 50 percent reductions in integration costs, three times greater offer acceptance, teller offer rates increasing from about 5 percent to over 60 percent, and a shift from one day response times to near real-time responses.
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Core Banking | ERP Services and Operations |
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2016 | 2017 |
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Facility Management | ERP Services and Operations |
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2014 | 2015 |
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Facility Management | ERP Services and Operations |
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2014 | 2015 |
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Loan Management | ERP Services and Operations |
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2010 | 2010 |
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Price Optimization | ERP Services and Operations |
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2008 | 2009 |
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AI-Powered Application
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Chatbots and Conversational AI | AI-Powered Application |
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2018 | 2018 |
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Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Analytics and BI | Analytics and BI |
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2015 | 2015 |
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Analytics and BI | Analytics and BI |
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2015 | 2018 |
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Analytics and BI | Analytics and BI |
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2015 | 2015 |
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Analytics and BI | Analytics and BI |
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2017 | 2017 |
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Analytics and BI | Analytics and BI |
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2014 | 2015 |
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Process Mining | Analytics and BI |
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2018 | 2018 |
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Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Blockchain Platform | Blockchain |
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2019 | 2019 |
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Blockchain Platform | Blockchain |
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2019 | 2019 |
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Blockchain Platform | Blockchain |
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2019 | 2019 |
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Blockchain Platform | Blockchain |
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2019 | 2019 |
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Audio Video and Web Conferencing | Collaboration |
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2017 | 2017 |
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Audio Video and Web Conferencing | Collaboration |
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2020 | 2020 |
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Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Digital Signing | Content Management |
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2021 | 2021 |
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Digital Signing | Content Management |
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2016 | 2016 |
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Document Management | Content Management |
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2016 | 2016 |
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Intelligent Document Processing | Content Management |
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2019 | 2019 |
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CRM
EPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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EPM | EPM |
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2018 | 2018 |
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Financial Consolidation and Close | EPM |
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2018 | 2018 |
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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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IT Service Management | ITSM |
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2018 | 2019 |
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Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Portfolio and Investment Management | Investment Management |
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2009 | 2009 |
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Portfolio and Investment Management | Investment Management |
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2016 | 2016 |
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Portfolio and Investment Management | Investment Management |
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2021 | 2021 |
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Portfolio and Investment Management | Investment Management |
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2021 | 2021 |
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Portfolio and Investment Management | Investment Management |
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2020 | 2020 |
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Trading Platform | Investment Management |
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2014 | 2015 |
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PPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Project Portfolio Management | PPM |
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2017 | 2018 |
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Procurement
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Procure to Pay | Procurement |
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2020 | 2020 |
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Procurement | Procurement |
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2018 | 2019 |
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TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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AML, Fraud and Compliance | TRM |
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2015 | 2015 |
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AML, Fraud and Compliance | TRM |
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2015 | 2015 |
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AML, Fraud and Compliance | TRM |
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2013 | 2013 |
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AML, Fraud and Compliance | TRM |
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2020 | 2020 |
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Risk Management | TRM |
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2011 | 2011 |
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Risk Management | TRM |
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2006 | 2006 |
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Risk Management | TRM |
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2018 | 2018 |
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Risk Management | TRM |
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2017 | 2017 |
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Risk Management | TRM |
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2012 | 2012 |
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Risk Management | TRM |
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2024 | 2024 |
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Treasury Management | TRM |
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2014 | 2014 |
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Treasury Management | TRM |
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2017 | 2017 |
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PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Robotic Process Automation | PaaS |
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2017 | 2017 |
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Test Automation Platform | PaaS |
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2018 | 2018 |
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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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2015 | 2015 |
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Application Hosting and Computing Services | IaaS |
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2014 | 2014 |
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Application Hosting and Computing Services | IaaS |
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2015 | 2015 |
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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Content Delivery Network | IaaS |
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2015 | 2015 |
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Content Delivery Network | IaaS |
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2014 | 2014 |
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Data Warehouse Appliance | IaaS |
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2011 | 2011 |
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Database Management | IaaS |
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2017 | 2017 |
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Database Management | IaaS |
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2017 | 2017 |
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Network Management and Monitoring | IaaS |
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2018 | 2018 |
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Servers, Storage and Networking | IaaS |
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2011 | 2011 |
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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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Physical Security
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Video Security Cameras | Physical Security |
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2014 | 2014 |
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Video Surveillance System | Physical Security |
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2014 | 2014 |
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Professional Services
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Professional Services | Professional Services |
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2012 | 2012 |
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IT Decision Makers and Key Stakeholders at Bank of Montreal
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Bank of Montreal Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||
FAQ - APPS RUN THE WORLD Bank of Montreal Technographics
Bank of Montreal is a Banking and Financial Services organization based in Canada,
with around 53597 employees and annual revenues of $25.19 billion.
Bank of Montreal operates a diverse technology stack with applications such as
Kofax MarkView, Alight Benefits Administration and TIBCO BPM Enterprise,
covering areas like AP Automation, Benefits Administration and Business Process Management.
Bank of Montreal has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Tungsten Automation, Alight Solutions and TIBCO Software.
Bank of Montreal recently adopted applications including
Digital Matrix Systems in 2024, Mastercard Track in 2022 and Phenom Intelligent Talent Experience in 2022,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Bank of Montreal’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Bank of Montreal’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 Bank of Montreal technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.