Addis Ababa, n/a,
Ethiopia
Bank of Abyssinia Technographics
Bank of Abyssinia Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Bank of Abyssinia and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 616 Bank of Abyssinia 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 Abyssinia has purchased the following applications: Azentio iMAL Islamic Banking Software for Core Banking in 2022, Cisco Webex Meetings for Audio Video and Web Conferencing 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 Bank of Abyssinia is running and its propensity to invest more and deepen its relationship with Azentio , Temenos , Cisco Systems 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 Abyssinia revenues, which have grown to $51.0 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 Abyssinia 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 Abyssinia Tech Stack and Enterprise Applications
Bank of Abyssinia ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Azentio | Legacy | Azentio iMAL Islamic Banking Software | Core Banking | ERP Services and Operations | n/a | 2022 | 2022 |
In 2022, Bank of Abyssinia implemented Azentio iMAL Islamic Banking Software, deploying Azentio iMAL IslamicFinancing and iMAL ProfitCalculationSystem within its Core Banking environment to operationalize an Islamic-window for interest-free banking in Ethiopia. The initiative focused on finance and core-banking processes to enable Shari'ah-compliant product processing and profit-sharing workflows.
The implementation configured Azentio iMAL IslamicFinancing to manage product lifecycle, financing contracts, and transactional posting, while iMAL ProfitCalculationSystem automated profit-sharing computations and distribution scheduling. Azentio iMAL Islamic Banking Software was configured to generate audit-ready profit distribution records and to produce regulatory reporting artifacts required for Islamic finance oversight.
Operational integration centered on interfacing the Azentio modules with the bank's core-ledger posting processes, branch channel transaction flows, and compliance reporting workflows, preserving financial posting integrity across deposit and financing ledgers. The deployment covered finance, product management, and compliance functions supporting the bank's Islamic-window across its regional operations.
Governance changes included formalizing profit distribution workflows and audit trails within the Azentio iMAL ProfitCalculationSystem to support regulatory scrutiny and internal control. The program delivered faster time-to-market for Shari'ah-compliant products and automated, audit-ready profit distribution records, aligning Core Banking operations with Islamic finance requirements.
|
|
|
|
|
Digital Banking | ERP Services and Operations |
|
2021 | 2021 |
|
|
|
|
|
Loan Management | ERP Services and Operations |
|
2022 | 2022 |
|
Bank of Abyssinia Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Cisco Systems | Legacy | Cisco Webex Meetings | Audio Video and Web Conferencing | Collaboration | n/a | 2020 | 2020 |
In 2020, Bank of Abyssinia embedded Cisco Webex Meetings on its website, deploying Cisco Webex Meetings under the Audio Video and Web Conferencing category. The public facing deployment surfaces browser based meeting access, hosted audio and video conferencing, and web page join flows that allow external participants to connect without separate client distribution.
Configuration aligns with common Audio Video and Web Conferencing capabilities, including meeting scheduling, browser join, participant controls, screen sharing, and administrative policy management via the Cisco Webex Meetings console. Bank of Abyssinia uses Cisco Webex Meetings to provide public facing virtual engagement channels for customers and external partners while centralizing meeting administration and policy enforcement through Cisco management interfaces.
|
|
|
|
|
Collaboration | Collaboration |
|
2022 | 2022 |
|
IT Decision Makers and Key Stakeholders at Bank of Abyssinia
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Bank of Abyssinia Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||