Dhaka, 1208,
Bangladesh
BRAC Bank Bangladesh Technographics
BRAC Bank Bangladesh Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by BRAC Bank Bangladesh and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 7740 BRAC Bank Bangladesh employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that BRAC Bank Bangladesh has purchased the following applications: Oracle E-Business Suite for ERP Financial in 2018, iMocha Skills Intelligence Cloud for Skills Intelligence in 2022, ConsenSys Quorum for Blockchain Platform in 2019 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems BRAC Bank Bangladesh is running and its propensity to invest more and deepen its relationship with Oracle , iMocha , ConsenSys 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 BRAC Bank Bangladesh revenues, which have grown to $240.0 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 BRAC Bank Bangladesh 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.
BRAC Bank Bangladesh Tech Stack and Enterprise Applications
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | IFS Cloud ERP | Oracle E-Business Suite | ERP Financial | ERP Financial Management | n/a | 2018 | 2019 |
In 2018 BRAC Bank Limited implemented Oracle E-Business Suite as its ERP Financial application, replacing IFS Cloud ERP. The implementation centered on Oracle E-Business Suite to support core finance operations across the bank in Bangladesh and to formalize accounting and procurement workflows.
The deployment covered Financials, Fixed Asset management, Purchasing, Budgeting, Accounts Payable, Inventory and Reporting modules, with configuration and ongoing enhancements to those functional areas. Project work included developing custom reports, workflow logic, database stored procedures, bespoke user interfaces for data lookup and administration, and scheduled batch jobs to support nightly processing within Oracle E-Business Suite.
Operational support and integration activity focused on Accounting and Finance stakeholders, procurement and inventory teams, and the reporting function, with hands on diagnostics and issue triage to distinguish user errors from application faults. Team activities included creating system to system interfaces, participating in regression testing of the Oracle ERP system, producing functional requirement documents for enhancements, and collaborating with Information Services colleagues on design and issue resolution.
Governance and rollout activities emphasized period end closing support and continuity, producing help guides to improve user experience and running structured testing and sign off with business users. Ongoing objectives included ensuring smooth operation and timely period end closing while delivering iterative functional enhancements within the Oracle E-Business Suite ERP Financial environment.
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HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| iMocha | Legacy | iMocha Skills Intelligence Cloud | Skills Intelligence | HCM | n/a | 2022 | 2022 |
In 2022, BRAC Bank Bangladesh implemented iMocha Skills Intelligence Cloud for Skills Intelligence to support recruitment and talent acquisition. The deployment targeted a campus and mass hiring drive in Bangladesh, where iMocha’s Microsite and AI-enabled proctoring were used to assess 33,600 candidates in two days and shortlist 600. Implementation emphasized skills-first hiring through remote assessments that fed structured candidate scores to the BRAC Bank TA team.
The iMocha Skills Intelligence Cloud implementation used a branded recruitment microsite and AI-enabled proctoring to manage remote exam delivery and integrity, with automated assessment scoring and competency mapping to create objective shortlists. Configuration included exam orchestration, timed assessments, and proctoring rules to support high-volume intake. These capabilities align with Skills Intelligence functional workflows, including assessment authoring, automated scoring, and shortlist generation.
Operational scope focused on HR and talent acquisition activities across BRAC Bank Bangladesh, specifically campus recruitment and mass hiring events, with the TA team using the platform to produce rapid, data-driven shortlists. No named system integrations were specified in source materials, the deployment functioned as a remote assessment layer accessed by candidates through the microsite.
The program produced an estimated 80% savings in administrative and logistical costs during the hiring drive, as reported by iMocha, while enabling a shortlist of 600 candidates from 33,600 assessed. Outcomes emphasized scale and process efficiency for the BRAC Bank TA function based on the stated cost savings and high throughput assessment model.
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Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| ConsenSys | Legacy | ConsenSys Quorum | Blockchain Platform | Blockchain | n/a | 2019 | 2019 |
In 2019, BRAC Bank Bangladesh implemented ConsenSys Quorum as a Blockchain Platform to support permissioned interbank messaging and payment compliance data exchange. ConsenSys Quorum was deployed to enable participation in JP Morgan’s Interbank Information Network, with BRAC Bank listed among participating banks in the March 2019 disclosure, aligning the bank with enterprise Ethereum permissioned architecture used for secure communications.
The implementation focused on core Blockchain Platform capabilities, including a permissioned ledger, smart contract driven secure messaging, secure document and file transfer, and structured data modeling to support compliance queries. ConsenSys Quorum was configured to support multi-party transaction visibility and smart contract logic for automated confirmation workflows, reflecting typical enterprise blockchain modules for payments compliance and messaging orchestration.
Operational coverage emphasized cross-border payments, payment operations, treasury and compliance workflows, providing a parallel communication layer alongside existing payment rails. The deployment was positioned to handle compliance-related information exchange rather than to replace settlement rails, enabling faster exception handling for international payments while continuing to interact with established networks such as SWIFT.
Governance centered on permissioned access controls and role based data sharing to allow simultaneous multi-party interaction for compliance resolution, consistent with how JP Morgan described network behavior. JP Morgan publicly stated the network aimed to reduce payment delays and lower operational expense, and BRAC Bank’s ConsenSys Quorum implementation aligned with those goals through permissioned messaging, compliance data exchange, and support for third party developer access via network test environments.
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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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2020 | 2020 |
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Collaboration | Collaboration |
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2016 | 2016 |
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Collaboration | 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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Document Management | Content Management |
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2024 | 2024 |
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Enterprise Content Management | Content Management |
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2023 | 2023 |
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Intelligent Document Processing | Content Management |
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2023 | 2023 |
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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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2014 | 2014 |
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Application Hosting and Computing Services | IaaS |
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2016 | 2016 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
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|
|
Data Loss Prevention | CyberSecurity |
|
2018 | 2018 |
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IT Decision Makers and Key Stakeholders at BRAC Bank Bangladesh
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by BRAC Bank Bangladesh Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||