Budapest, 1024,
Hungary
CIB Bank Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by CIB Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1200 CIB 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 CIB Bank has purchased the following applications: Microsoft Azure Cloud Services for Application Hosting and Computing Services in 2015, AdviseSoft DynTruss for Apps Development in 2018, Finastra Misys FusionBanking Equation for Core Banking in 2017 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems CIB Bank is running and its propensity to invest more and deepen its relationship with Microsoft , AdviseSoft , Finastra 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 CIB Bank revenues, which have grown to $340.0 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 CIB 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.
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft Azure Cloud Services | Application Hosting and Computing Services | IaaS | n/a | 2015 | 2015 |
PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| AdviseSoft | Legacy | AdviseSoft DynTruss | Apps Development | PaaS | n/a | 2018 | 2018 | In 2018, CIB Bank implemented AdviseSoft DynTruss for Asset finance and leasing to automate finance and leasing process workflows in Hungary. The engagement is recorded in a third-party portfolio listing of AdviseSoft references, and the implementation targeted the bank's finance and leasing operations rather than retail channels. AdviseSoft DynTruss was configured to deliver workflow management and process automation capabilities aligned to asset finance and leasing, with vendor materials supporting use of contract administration, workflow orchestration, and document management functionality. Configuration emphasis inferred from the reference centers on automating approval flows, managing lease contract records, and handling recurring billing and schedule processes typical of Asset finance and leasing systems. Operational coverage focused on CIB Bank's finance and leasing teams in Hungary, embedding AdviseSoft DynTruss into credit processing and contract administration activities. Governance and partner details were not specified in the reference, the public citation serves as the primary signal of the deployment. |
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
|---|---|---|---|---|---|---|---|---|---|
| Finastra | Legacy | Finastra Misys FusionBanking Equation | Core Banking | ERP Services and Operations | n/a | 2017 | 2017 | In 2017 CIB Bank implemented Finastra Misys FusionBanking Equation as its Core Banking platform. The deployment targeted CIB Bank, Intesa Hungary, a Hungary-based banking group with approximately 1,200 employees, establishing a centralized processing foundation for retail and central banking operations. The implementation configured Core Banking modules typical for a modern equation implementation, including deposit and account management, payments and clearing, transaction posting and real-time ledger updates, customer information management, and lending and credit accounting. Finastra Misys FusionBanking Equation was instrumented to support straight-through processing and consolidated transaction workflows across retail product lines. Operational scope covered branch retail operations and centralized back-office processing within Hungary, aligning the application with retail banking, operations, payments, and finance functions. Configuration emphasized standardization of ledger controls and automated posting rules to reduce manual reconciliation, consistent with Core Banking functional expectations. Governance and rollout were described as an upgrade executed smoothly and deemed a significant success, with the bank s Chief Retail Banking Officer Tamas Akos stating the upgrade gives CIB, Intesa Hungary the necessary foundation to become a number one digital player possibly beyond Hungary. The Finastra Misys FusionBanking Equation implementation provided the structural core required to support ongoing retail banking digital initiatives. | |
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Real Estate Property Management | ERP Services and Operations |
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2011 | 2011 |
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CRM
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Application |
Category |
Market |
VAR/SI |
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Insight |
Insight Source |
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Customer Engagement | CRM |
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2018 | 2018 |
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Customer Experience | CRM |
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2018 | 2018 |
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Customer Experience | CRM |
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2018 | 2018 |
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ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
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Payment Processing | ERP Financial Management |
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2020 | 2020 |
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Professional Services
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Application |
Category |
Market |
VAR/SI |
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Insight |
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Professional Services | Professional Services |
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2022 | 2022 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
Insight Source |
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Secure Web Gateways (SWG) | CyberSecurity |
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2014 | 2014 |
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