CIT Group
11 W 42nd St,
New York, 10036, NY,
United States
New York, 10036, NY,
United States
1 212-461-5200
Banking and Financial Services
CIT Group Technographics
CIT Group Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by CIT Group and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 4500 CIT Group employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that CIT Group has purchased the following applications: Oracle PeopleSoft ERP for ERP Financial in 2018, iCIMS Recruit Applicant Tracking System for Applicant Tracking System in 2016, FIS Core Banking for Core Banking in 2015 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems CIT Group is running and its propensity to invest more and deepen its relationship with Oracle , SAP , iCIMS 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 CIT Group revenues, which have grown to $3.15 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 CIT Group 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.
CIT Group Tech Stack and Enterprise Applications
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle PeopleSoft ERP | ERP Financial | ERP Financial Management | n/a | 2018 | 2018 |
In 2018, CIT Group executed a PeopleSoft Financials upgrade to Oracle PeopleSoft ERP as a focused ERP Financial initiative. The project targeted PeopleSoft FSCM versions 9.0 to 9.2 across core finance modules including General Ledger, Accounts Payable, Asset Management, Purchasing, and Treasury components described as Banking, CM and Financial Gateway.
The implementation included comprehensive fit gap analysis and business process redesign for Oracle PeopleSoft ERP, with configuration of user list design and notification rules. Functional modules and capabilities delivered included automated user maintenance with dynamic role assignment, custom search and attachment components for journals, vouchers, requisitions, purchase orders and vendors, and workflow automation using the Approval Workflow Engine for GL journal, vendor and voucher approvals.
Architecture and integration work leveraged PeopleTools, PeopleCode, PSQuery, Fluid, PUM and SQR, with Integration Broker used for application integration patterns. ServiceNow was used to assign work and manage knowledge transfer to the client technical team, and infrastructure teams were engaged to stage data and remediate platform performance issues during test cycles.
Operational scope covered day to day operations and monitoring of GL, AP, AM, CM and Treasury, including daily bank reconciliation monitoring via reconciliation reports. Governance and process work included defining approval framework stage path and step criteria, producing function design specifications and business process narratives, and creating audit triggers and complex PS queries to support control and reporting requirements.
The engagement also included a structured performance testing program where the lead developer documented the performance test plan, executed staged test cycles, tuned PeopleCode and SQL in app engines and SQR reports, and worked with infrastructure teams to remediate long running processes. Oracle PeopleSoft ERP served as the central ERP Financial system for finance business functions, with technical and functional changes documented and handed over to the client team through ServiceNow.
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ERP Financial | ERP Financial Management |
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2016 | 2017 |
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Expense Management | ERP Financial Management |
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2016 | 2017 |
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HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| iCIMS | Legacy | iCIMS Recruit Applicant Tracking System | Applicant Tracking System | HCM | n/a | 2016 | 2016 |
In 2016, CIT Group deployed iCIMS Recruit Applicant Tracking System to power job posting and candidate application flows on its public careers website. The implementation uses iCIMS Recruit Applicant Tracking System as the primary Applicant Tracking System for capturing online applications and managing candidate access through the careers site login.
The configuration emphasized core Applicant Tracking System capabilities, including requisition posting, online application intake, candidate profile and resume parsing, workflow based screening and dispositioning, and built in recruiting reporting. Implementation work concentrated on integrating branded career pages with the ATS, configuring candidate management workflows, and enabling automated communication templates for recruiters.
Operational ownership is with CIT Group talent acquisition and recruiting teams, who leverage the platform for requisition approvals, candidate communications, interview scheduling workflows, and compliance tracking. The deployment covers the public facing recruitment channels on the CIT Group website and internal recruiting processes, with governance focused on role based access, workflow controls, and process standardization within the ATS.
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Core HR | HCM |
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2015 | 2018 |
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Core HR | HCM |
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2005 | 2005 |
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Time and Attendance | HCM |
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2005 | 2005 |
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Workforce Analytics | HCM |
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2015 | 2015 |
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ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| FIS Global | Jack Henry Banking SilverLake | FIS Core Banking | Core Banking | ERP Services and Operations | n/a | 2015 | 2015 |
In 2015, CIT Group converted its core deposit processing from Jack Henry Banking SilverLake to FIS Core Banking. The implementation leveraged the FIS IBS system as the vendor platform to centralize Core Banking functions for CIT Bank deposit portfolios and product servicing.
The work focused on core deposit servicing configuration, account servicing workflows, and product catalog configuration to accommodate new product lines. Implementation activity included configuring the FIS Core Banking application to support automated account lifecycle events and standardizing account origination workflows.
A key component of the program was integration work, new interfaces were developed and an in-house online account origination system was integrated with the FIS IBS core to enable straight-through processing from origination into the ledger. Operational coverage emphasized retail deposit operations and account opening channels within CIT Bank, aligning front-end origination with back-office core processing.
Program governance centered on conversion planning, data migration from Jack Henry Banking SilverLake, and interface contract and configuration control to manage product definitions and release timing. Cutover coordination between IT and operations and ongoing configuration governance were used to limit operational risk during the conversion.
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Digital Banking | ERP Services and Operations |
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2019 | 2019 |
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Lease Management | ERP Services and Operations |
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2016 | 2017 |
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Lease Management | ERP Services and Operations |
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2016 | 2016 |
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Travel Management | ERP Services and Operations |
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2016 | 2017 |
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AI-Powered Application
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Chatbots and Conversational AI | AI-Powered Application |
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2021 | 2021 |
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Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Analytics and BI | Analytics and BI |
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2015 | 2018 |
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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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2017 | 2017 |
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Audio Video and Web Conferencing | 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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Digital Signing | Content Management |
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2021 | 2021 |
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Enterprise Content Management | Content Management |
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2020 | 2020 |
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Web Content Management | Content Management |
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2021 | 2021 |
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Web Content Management | Content Management |
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2016 | 2016 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Customer Analytics | CRM |
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2019 | 2019 |
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Customer Experience | CRM |
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2020 | 2020 |
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Data Management Platform | CRM |
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2020 | 2020 |
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Digital Advertising Platform | CRM |
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2014 | 2014 |
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Digital Advertising Platform | CRM |
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2017 | 2017 |
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Digital Advertising Platform | CRM |
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2018 | 2018 |
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Digital Advertising Platform | CRM |
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2018 | 2018 |
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Marketing Analytics | CRM |
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2019 | 2019 |
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Marketing Analytics | CRM |
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2020 | 2020 |
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Marketing Automation | CRM |
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2020 | 2020 |
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Marketing Automation | CRM |
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2019 | 2019 |
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Sales Automation, CRM, Sales Engagement | CRM |
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2021 | 2021 |
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Tag Management | CRM |
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2020 | 2020 |
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ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Application Performance Management | ITSM |
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2020 | 2020 |
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Application Performance Management | ITSM |
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2021 | 2021 |
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Procurement
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Procurement | Procurement |
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2012 | 2012 |
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Procurement | Procurement |
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2013 | 2013 |
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Supplier Relationship Management | Procurement |
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2012 | 2012 |
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Supplier Relationship Management | Procurement |
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2013 | 2013 |
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TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Treasury Management | TRM |
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2011 | 2011 |
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Treasury Management | TRM |
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2018 | 2018 |
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Treasury Management | TRM |
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2011 | 2011 |
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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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Content Delivery Network | IaaS |
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2020 | 2020 |
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Digital Workspace | IaaS |
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2013 | 2013 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Identity and Access Management (IAM) | CyberSecurity |
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2021 | 2021 |
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Professional Services
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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PEO (Professional Employer Organization) | Professional Services |
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2015 | 2015 |
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IT Decision Makers and Key Stakeholders at CIT Group
| First Name | Last Name | Title | Function | Department | Phone | |
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| No data found | ||||||
Apps Being Evaluated by CIT Group Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from CIT Group IT executives and key decision makers. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the CIT Group digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
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FAQ - APPS RUN THE WORLD CIT Group Technographics
CIT Group is a Banking and Financial Services organization based in United States,
with around 4500 employees and annual revenues of $3.15 billion.
CIT Group operates a diverse technology stack with applications such as
Oracle PeopleSoft ERP, iCIMS Recruit Applicant Tracking System and FIS Core Banking,
covering areas like ERP Financial, Applicant Tracking System and Core Banking.
CIT Group has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Oracle, iCIMS and FIS Global.
CIT Group recently adopted applications including
LivePerson Conversational Cloud in 2021, DocuSign eSignature in 2021 and Contentful Content Platform in 2021,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of CIT Group’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates CIT Group’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 CIT Group technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.