Jakarta, 10350,
Indonesia
Bank Sinarmas Technographics
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.
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ERP Services and Operations
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.
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