Canara Bank
112, J C Road Town Hall,
Bengaluru, 560002,
India
Bengaluru, 560002,
India
91 80 2210 0250
Banking and Financial Services
Canara Bank Technographics
Canara Bank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Canara Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 81260 Canara Bank employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Canara Bank has purchased the following applications: Oracle E-Business Suite for ERP Financial in 2017, Oracle PeopleSoft HCM for Core HR in 2021, Kinexys by J.P.Morgan 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 Canara Bank is running and its propensity to invest more and deepen its relationship with Oracle , J.P. Morgan , 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 Canara Bank revenues, which have grown to $17.00 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 Canara Bank 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.
Canara Bank Tech Stack and Enterprise Applications
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle E-Business Suite | ERP Financial | ERP Financial Management | n/a | 2017 | 2017 |
In 2017, Canara Bank implemented Oracle E-Business Suite to address core ERP Financial requirements across its banking operations. The Oracle E-Business Suite deployment was positioned to consolidate financial processing and HR-related workflows while supporting broader India Region banking projects managed by the enterprise database and application operations team.
The implementation included configuration and upgrades across EBS 12.2, with a documented upgrade from R12.1 to R12.2.5 and subsequent Oracle database upgrades toward 19c. Functional modules and capabilities implemented included PMS, HRMS, and i-Recruitment, and the environment was managed with Oracle Enterprise Manager tooling referenced as OEM 12c and OEM 13c in operational notes.
The technical architecture centered on Oracle database platforms running on Exadata hardware and a 4 node RAC cluster supporting Apps 12.2.x, with monitoring and automation to support 24x7 operations. Operational practices included quarterly disaster recovery drills conducted as per RBI directions, performance analysis and tuning to reduce non-idle wait events such as scattered file read and log file completion, and proposals for storage configuration and technical feasibility for new deployments.
Governance and runbook changes accompanied the rollout, including biweekly optimization meetings with enterprise user groups, automation of repetitive processes to reduce errors, proactive patch and change management to eliminate downtime, and structured documentation for startup, shutdown and first-level troubleshooting. The implementation record notes elimination of downtime through change management and an appreciation award for the upgrade and operational support activities.
|
HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle PeopleSoft HCM | Core HR | HCM | n/a | 2021 | 2021 |
In 2021 Canara Bank implemented Oracle PeopleSoft HCM as its Core HR system to consolidate enterprise human resources operations across the organization. The deployment supported the bank's HRMS production and test environments and was applied to an employee base of approximately 81,260, aligning workforce records and transaction processing under the Oracle PeopleSoft HCM platform.
Configuration work centered on Core HR functional capabilities, including employee master data management, workforce records maintenance, manpower planning workflows and structured reporting. Implementation activities included extensive data cleaning, configuration of update processes in production, testing cycles, and SQL driven report development to support budgeting and staffing decisions.
A principal technical signal from the engagement was a coordinated data migration effort that merged Canara Bank and Syndicate Bank HRMS datasets by migrating data from one system to another, with validation and testing carried out in the HRMS test environment in collaboration with the vendor. The delivery included ongoing DBA responsibilities for production update processes and acting as a single point of contact for HRMS package issues.
Governance and operational ownership were formalized through designated SPOC and DBA roles responsible for package support, change control for HRMS updates, and escalation management. Project migration and testing workflows were institutionalized to manage cross-bank data convergence and to maintain production stability while enabling iterative fixes and report generation for HR leadership.
The implementation successfully completed the HRMS merge between Canara Bank and Syndicate Bank and established Oracle PeopleSoft HCM as the Core HR backbone, with complex report outputs used to aid critical decisions in budgeting, manpower planning and staff management.
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Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| J.P. Morgan | Legacy | Kinexys by J.P.Morgan | Blockchain Platform | Blockchain | n/a | 2019 | 2019 |
In 2019, Canara Bank joined Kinexys by J.P.Morgan, a Blockchain Platform, as part of a multi-bank connection to JP Morgan's Interbank Information Network IIN. The engagement connected Canara Bank with six other Indian banks, including YES Bank, ICICI, Union Bank of India and Federal Bank of India, to accelerate secure, global exchange of financial information across participating institutions. This implementation centered on interbank information exchange to reduce friction in messaging and reconciliation between correspondent banks.
The deployment leveraged category-standard blockchain capabilities within Kinexys by J.P.Morgan, including a permissioned distributed ledger, transaction messaging and cryptographic record keeping to capture and time-stamp interbank information. Configuration emphasis was on participant node onboarding, membership permissioning and workflow automation for confirmation and validation of payment instructions. Implementation narratives indicate the platform supports programmable workflows consistent with blockchain Platform operational models for confirmation, exception handling and auditability.
Integrations included native participation in JP Morgan's Interbank Information Network IIN and optional use of the native cryptocurrency JPM Coin to help move funds and provide liquidity, as reported. Operational impact targeted interbank operations and payments and extended to treasury and liquidity management functions within participating banks. The implementation scope was focused on cross-institution messaging and settlement orchestration among Indian participants, while remaining connected to global correspondent corridors on the IIN network.
Governance activity for Canara Bank on Kinexys by J.P.Morgan involved establishing participant permissioning, information governance and operational rules for message handling between nodes. The move occurred amid heightened regulatory scrutiny of the financial blockchain ecosystem in India, which frames ongoing compliance and oversight requirements for participating banks. Reported outcomes included faster and more secure exchange of interbank information and the potential for JPM Coin to provide additional liquidity options for settlement flows.
|
Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Audio Video and Web Conferencing | Collaboration |
|
2020 | 2020 |
|
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Collaboration | Collaboration |
|
2019 | 2019 |
|
CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Sales Automation, CRM, Sales Engagement | CRM |
|
2021 | 2021 |
|
TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
AML, Fraud and Compliance | TRM |
|
2020 | 2020 |
|
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2019 | 2019 |
|
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|
|
|
Content Delivery Network | IaaS |
|
2021 | 2021 |
|
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|
|
Servers, Storage and Networking | IaaS |
|
2015 | 2015 |
|
CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
DDoS Protection | CyberSecurity |
|
2021 | 2021 |
|
Physical Security
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Fire Alarm and Life Safety System | Physical Security |
|
2017 | 2018 |
|
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|
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Physical Access Control System | Physical Security |
|
2017 | 2017 |
|
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Video Security Cameras | Physical Security |
|
2017 | 2017 |
|
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Video Security Cameras | Physical Security |
|
2017 | 2017 |
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Video Security Cameras | Physical Security |
|
2017 | 2017 |
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Video Security Cameras | Physical Security |
|
2017 | 2017 |
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Video Security Cameras | Physical Security |
|
2017 | 2017 |
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Professional Services
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Professional Services | Professional Services |
|
2024 | 2024 |
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IT Decision Makers and Key Stakeholders at Canara Bank
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Canara Bank Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from Canara Bank IT executives and key decision makers. This section highlights Canara Bank's latest recorded technology evaluations, including A2 Hosting for Application Hosting and Computing Services on 2025-04-19. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the Canara Bank digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||
FAQ - APPS RUN THE WORLD Canara Bank Technographics
Canara Bank is a Banking and Financial Services organization based in India,
with around 81260 employees and annual revenues of $17.00 billion.
Canara Bank operates a diverse technology stack with applications such as
Oracle E-Business Suite, Oracle PeopleSoft HCM and Kinexys by J.P.Morgan,
covering areas like ERP Financial, Core HR and Blockchain Platform.
Canara Bank has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Oracle and J.P. Morgan.
Canara Bank recently adopted applications including
Kyndryl IT Modernization in 2024, Oracle PeopleSoft HCM in 2021 and Salesforce Sales Cloud in 2021,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Canara Bank’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Canara Bank’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete Canara Bank technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.