Bangkok, 10200,
Thailand
Bank of Thailand Technographics
Bank of Thailand Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Bank of Thailand and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1600 Bank of Thailand 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 Thailand has purchased the following applications: SAP ERP ECC 6.0 for ERP Financial in 2013, Oracle Cloud HCM Compensation for Compensation Management in 2022, R3 Corda Blockchain Platform for Blockchain Platform in 2018 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 Thailand is running and its propensity to invest more and deepen its relationship with SAP , Oracle , BIPO 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 Thailand revenues, which have grown to $330.0 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 Bank of Thailand 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 Thailand Tech Stack and Enterprise Applications
Bank of Thailand ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SAP | Legacy | SAP ERP ECC 6.0 | ERP Financial | ERP | n/a | 2013 | 2013 |
In 2013, Bank of Thailand ran SAP ERP ECC 6.0 with no enhancement package as its core ERP Financial system. Bank of Thailand SAP ERP ECC 6.0 ERP Financial supports core finance and accounting functions for the central bank and is the primary transactional backbone for general ledger, payables, and financial reporting across the organization.
The current engagement is an assessment to analyze and propose a software solution to support HR Development and Talent Management for the Bank of Thailand. The assessment focuses on functional capabilities such as learning management, performance and goal management, succession planning, competency modeling, talent profiles, career pathing, and talent analytics, and evaluates how those modules can interoperate with existing HR workflows.
Technical scope emphasizes compatibility with the on-premise SAP ERP ECC 6.0 environment and requires integration patterns for employee master data, payroll costing, and finance chargeback workflows. Integration requirements include secure interfaces for HR master data synchronization, payroll and financial posting alignment, and reporting feeds for consolidated headcount and compensation analytics, with attention to data model alignment and identity mapping.
Governance and rollout considerations center on HR process redesign, establishing a single source of truth for employee data, and staged implementation by HR function to limit disruption. The assessment recommends defining data governance, change management, and technical interface ownership up front, and verifying that any selected HR Development and Talent Management solution can coexist with SAP ERP ECC 6.0 without requiring unapproved enhancement packages.
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ERP Financial | ERP |
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2013 | 2013 |
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ERP Financial | ERP |
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2013 | 2013 |
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Bank of Thailand HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Cloud HCM Compensation | Compensation Management | HCM | n/a | 2022 | 2023 |
In 2022, Bank of Thailand implemented Oracle Cloud HCM Compensation in the Compensation Management category as part of a broader Oracle Fusion Cloud Human Capital Management adoption to centralize compensation workflows and consolidate HR data. The deployment is framed in the organization press release from Bangkok, Thailand and positions Oracle Cloud HCM Compensation as the compensation governance and planning element within the bank's cloud HR footprint.
The implementation leverages Oracle Cloud HCM modules including Oracle Recruiting, Oracle Human Resources, Oracle Talent Management, Oracle Learning, Oracle Compensation, Oracle Workforce Management, Oracle Data Masking and Oracle Fusion HCM Analytics. Oracle Cloud HCM Compensation is being used alongside these modules to enable standardized compensation planning, talent calibration, and analytics driven pay decisions on a common data platform, while also relying on the employee experience capabilities referenced through Oracle ME.
Integration is organized around the Oracle Fusion Cloud HCM suite, consolidating HR records and transactional data into a single cloud data model to reduce manual processes and improve workflow consistency across HR, talent management, learning, and workforce management functions. The rollout targets enterprise wide HR operations at the Bank of Thailand and is described as enabling a consistent employee experience and centralized HR management tools for hybrid work models.
Governance for the initiative is anchored in HR change management leadership, with Suchot Piamchol identified as Senior Director, Head of Human Resources Change Management Project overseeing adoption and process alignment. Expected outcomes explicitly stated by the bank include streamlined HR processes, an engaging employee experience, consolidated HR data within a single platform, and the ability to enable effective data driven HR and organizational operations using Oracle Cloud HCM Compensation.
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Core HR | HCM |
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2022 | 2023 |
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Learning and Development | HCM |
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2022 | 2022 |
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Learning and Development | HCM |
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2022 | 2023 |
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Payroll | HCM |
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2022 | 2023 |
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Payroll | HCM |
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2024 | 2024 |
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Recruiting | HCM |
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2022 | 2023 |
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Recruiting, Applicant Tracking System, Candidate Relationship Management | HCM |
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2022 | 2022 |
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Talent Management | HCM |
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2022 | 2022 |
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Workforce Analytics | HCM |
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2022 | 2023 |
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Workforce Management | HCM |
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2022 | 2023 |
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Bank of Thailand Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| R3 Corda | Legacy | R3 Corda Blockchain Platform | Blockchain Platform | Blockchain | n/a | 2018 | 2018 |
In 2018 Bank of Thailand implemented R3 Corda Blockchain Platform, adopting the R3 Corda Blockchain Platform to introduce a permissioned distributed ledger architecture within its payments and clearing exploration work. The deployment emphasized the Blockchain Platform category capability of controlled, node-based transaction processing and privacy-preserving smart contract execution for regulated financial workflows.
Implementation centered on configuring Corda nodes and CorDapps, provisioning a notary service and a network map service, and establishing identity and certificate management to support permissioned access. Functional modules implemented included smart contract workflow orchestration, ledger state management, and node-level logging and monitoring consistent with enterprise blockchain operations.
Operational integration work focused on connecting Corda node endpoints to internal payment and settlement workflows through API interfaces and message adapters, while node infrastructure and network services were hosted and operated within the bank controlled environment. The program targeted banking business functions such as interbank settlement orchestration and regulated recordkeeping, aligning node operations with enterprise security and audit requirements.
Governance activity formalized permissioned network rules, node admission procedures, and operational roles for node operators and release management teams, and it introduced workflow checkpoints for transaction notarization and dispute handling. The narrative reflects a structurally scoped enterprise blockchain implementation by Bank of Thailand using R3 Corda Blockchain Platform, emphasizing architecture, modules, integrations, and governance without asserting specific outcomes.
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Bank of Thailand Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Collaboration | Collaboration |
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2020 | 2020 |
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Bank of Thailand 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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2022 | 2022 |
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Enterprise Content Management | Content Management |
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2020 | 2020 |
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Bank of Thailand 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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2019 | 2019 |
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Portfolio and Investment Management | Investment Management |
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2005 | 2005 |
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Portfolio and Investment Risk Management | Investment Management |
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2017 | 2019 |
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Bank of Thailand TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Treasury Management | TRM |
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2013 | 2013 |
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Treasury Management | TRM |
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2013 | 2013 |
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Bank of Thailand 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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2014 | 2014 |
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Bank of Thailand CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Web Application Firewalls (WAF) | CyberSecurity |
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2021 | 2021 |
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IT Decision Makers and Key Stakeholders at Bank of Thailand
| First Name | Last Name | Title | Function | Department | Phone | |
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| No data found | ||||||
Apps Being Evaluated by Bank of Thailand Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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| No data found | ||||||