Who is Bank Sinarmas?

Bank Sinarmas is a Banking and Financial Services organization based in Indonesia, with around 4827 employees and annual revenues of $41.46 billion.

What enterprise applications does Bank Sinarmas use?

Bank Sinarmas operates a diverse technology stack with applications such as OBS OSTS, covering areas like Core Banking.

What digital transformation initiatives has Bank Sinarmas undertaken?

Bank Sinarmas has invested in cloud applications and AI-driven platforms to optimize efficiency and growth, collaborating with vendors such as OBS Financial Solutions Pte. Ltd..

What are the most recent software purchases made by Bank Sinarmas?

Bank Sinarmas recently adopted applications including OBS OSTS in 2020, highlighting its ongoing modernization strategy.

Which IT decision makers lead technology initiatives at Bank Sinarmas?

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

How does APPS RUN THE WORLD track Bank Sinarmas’s IT investments?

Our research team continuously updates Bank Sinarmas’s profile with verified software purchases, vendor relationships, and digital initiatives identified from public and proprietary sources.

How can I access the full list of applications used by Bank Sinarmas?

Subscribe to APPS RUN THE WORLD to access the complete Bank Sinarmas technographics profile, including detailed breakdowns by category, vendor, and IT decision makers.

Bank Sinarmas Technographics, Software Purchases, AI and Digital Transformation Initiatives

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● Westpac NZ, an Infosys Finacle customer evaluated nCino Bank OS

● Ivy Tech Community College, a RNL ScaleFunder customer evaluated Virtuous CRM

● Department Of Homeland Security, an Oracle E-Business Suite customer evaluated SAP S/4HANA Cloud

● Becker Industrie, a Microsoft Dynamics AX customer evaluated Microsoft Dynamics 365 F&O

● Deutsche Rentenversicherung Bund, a SAP S/4 HANA HCM customer evaluated SAP SuccessFactors Employee Central

● TJX Companies, an Oracle E-Business Suite customer evaluated Workday Financial

● Coles Supermarkets, an Oracle Retek POS customer evaluated NCR Voyix Counterpoint

● Sunflower Bank, a Fiserv Signature Bank customer evaluated FIS Horizon

● Michelin, an e2open customer evaluated Oracle Transportation Management

● Harvard University, an Oracle PeopleSoft HCM customer evaluated Oracle Cloud HCM

● Southern Company, a Hitachi Ventyx FocalPoint customer evaluated AVEVA PI System

● BDO Unibank, a Finastra Misys Opics customer evaluated ION IT2 Treasury

● Marriott International, an Oracle PeopleSoft ERP customer evaluated Microsoft Dynamics 365 Business Central

● Fluke Corporation, an Oracle E-Business Suite customer evaluated SAP S/4 HANA

● First Citizens Bank, a Fiserv Signature Bank Platform customer evaluated FIS Core Banking

● Wayfair, a Korber HighJump WMS customer just evaluated Manhattan WMS

● MECCA Australia, a Microsoft Dynamics NAV customer evaluated SAP S/4HANA

● Habib Bank, an Finastra Misys FusionBanking Equation customer evaluated FIS Core Banking

● California Polytechnic State University, an Oracle PeopleSoft ERP customer evaluated Oracle Cloud ERP

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● Florida State University, an Oracle PeopleSoft HCM customer evaluated Workday HCM

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● JLG Industries, an Oracle JD Edwards EnterpriseOne customer evaluated Oracle Cloud ERP

● Pacific Coast Producers, an Oracle JD Edwards EnterpriseOne customer evaluated SAP S/4HANA Cloud

● Travelers, an Exterro Zapproved ZDiscovery customer evaluated LexisNexis CounselLink

● Swedbank, a Temenos T24 customer evaluated Oracle Flexcube

● City of Richmond, VA, an Oracle E-Business Suite customer evaluated Tyler Munis ERP

● Synovus Bank, a Q2 Digital Banking customer evaluated Apiture Digital Banking

● Cantor Fitzgerald, a Kyriba Treasury customer evaluated GTreasury

● ASGC Group, an Oracle E-Business Suite customer evaluated Oracle Cloud ERP

● Washington State University, a Workday Time customer evaluated UKG Pro Timekeeping

● Hong Kong Polytechnic University (PolyU) , an Oracle E-Business Suite customer evaluated SAP S/4 HANA

● Citigroup, a VestmarkONE customer evaluated BlackRock Aladdin Wealth

● City of Fresno, an Oracle PeopleSoft ERP customer evaluated Oracle Cloud ERP

● First Horizon Bank, an nCino Loan Origination customer evaluated FIS Commercial Loan Servicing

● Hendrick Automotive, an Oracle NetSuite Procurement customer evaluated Coupa Procurement

● Zurich Insurance Group, a Guidewire ClaimCenter customer evaluated Duck Creek Claims

● Printpack, an Oracle JD Edwards EnterpriseOne customer evaluated Oracle Cloud ERP

● Moog, an UKG AutoTime customer evaluated Workday Time and Attendance

● Westpac NZ, an Infosys Finacle customer evaluated nCino Bank OS

● Ivy Tech Community College, a RNL ScaleFunder customer evaluated Virtuous CRM

● Department Of Homeland Security, an Oracle E-Business Suite customer evaluated SAP S/4HANA Cloud

Bank Sinarmas Technographics, Software Purchases, AI and Digital Transformation Initiatives

Discover the latest software purchases and digital transformation initiatives being undertaken by Bank Sinarmas and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 4827 Bank Sinarmas 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 Sinarmas has purchased the following applications: OBS OSTS for Core Banking 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 Sinarmas is running and its propensity to invest more and deepen its relationship with OBS Financial Solutions Pte. Ltd. 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 Sinarmas revenues, which have grown to $41.46 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 Sinarmas 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.

Vendor	Previous System	Application	Category	Market	VAR/SI	When	Live	Insight
OBS Financial Solutions Pte. Ltd.	Legacy	OBS OSTS	Core Banking	ERP Services and Operations	n/a	2020	2021	In 2020, Bank Sinarmas implemented OBS OSTS from OBS Financial Solutions Pte. Ltd. to standardize treasury settlement and trading operations. The OBS OSTS deployment is categorized as Core Banking and is associated with PT Bank Sinarmas Tbk, targeting the bank's Treasury organization. The implementation scope focused on settlement and trading capabilities for the Fixed Income desk, emphasizing trade capture, trade lifecycle settlement orchestration, position keeping, and reconciliation workflows. Configuration work concentrated on aligning front to back Treasury workflows with OBS OSTS functional modules to support fixed income trade processing and settlement sequencing. The rollout commenced in January 2020 and remains active, with operational coverage limited to Treasury and specifically the Fixed Income desk within Bank Sinarmas. Vendor stewardship from OBS Financial Solutions Pte. Ltd. guided product configuration and ongoing support while the bank retained operational governance for Treasury processing and exception handling. Governance and operational responsibilities were organized around Treasury operations teams, with process standardization for trade capture and settlement controls implemented as part of the OBS OSTS program. The narrative centers on Bank Sinarmas, OBS OSTS, Core Banking, and the Treasury Fixed Income business function as the primary implementation signals.

Vendor

Previous System

Application

Market

VAR/SI

When

Live

Insight

OBS Financial Solutions Pte. Ltd.

Legacy

OBS OSTS

Core Banking

ERP Services and Operations

n/a

2020

2021

In 2020, Bank Sinarmas implemented OBS OSTS from OBS Financial Solutions Pte. Ltd. to standardize treasury settlement and trading operations. The OBS OSTS deployment is categorized as Core Banking and is associated with PT Bank Sinarmas Tbk, targeting the bank's Treasury organization. The implementation scope focused on settlement and trading capabilities for the Fixed Income desk, emphasizing trade capture, trade lifecycle settlement orchestration, position keeping, and reconciliation workflows. Configuration work concentrated on aligning front to back Treasury workflows with OBS OSTS functional modules to support fixed income trade processing and settlement sequencing. The rollout commenced in January 2020 and remains active, with operational coverage limited to Treasury and specifically the Fixed Income desk within Bank Sinarmas. Vendor stewardship from OBS Financial Solutions Pte. Ltd. guided product configuration and ongoing support while the bank retained operational governance for Treasury processing and exception handling. Governance and operational responsibilities were organized around Treasury operations teams, with process standardization for trade capture and settlement controls implemented as part of the OBS OSTS program. The narrative centers on Bank Sinarmas, OBS OSTS, Core Banking, and the Treasury Fixed Income business function as the primary implementation signals.

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Date	Company	Status	Vendor	Product	Category	Market
2024-08-07	Bank Sinarmas	Evaluated	OBS Financial Solutions Pte. Ltd.	OBS OSTS	Core Banking	ERP Services and Operations
2024-08-07	Bank Sinarmas	Evaluated	Temenos	Temenos T24	Core Banking	ERP Services and Operations
2024-08-07	Bank Sinarmas	Evaluated	London Stock Exchange Group	LSEG Refinitiv FXall	FX and Currency Management	TRM
2024-08-07	Bank Sinarmas	Evaluated			Automotive Dealership CRM	CRM
2024-08-07	Bank Sinarmas	Evaluated			Tax Management	ERP

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Bank Sinarmas Technographics