Edelweiss Financial Services India
Edelweiss House, Off C.S.T. Road, Kalina (294/3 Vidhya Nagari Marg, University Road, Santacruz East),
Mumbai, 400098,
India
Mumbai, 400098,
India
91 22 4079-5199
Banking and Financial Services
Edelweiss Financial Services India Technographics
Edelweiss Financial Services India Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Edelweiss Financial Services India and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 5826 Edelweiss Financial Services India employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Edelweiss Financial Services India has purchased the following applications: Oracle Cloud ERP for ERP Financial in 2018, Darwinbox Core HR for Core HR in 2018, In-House Digital Banking for Digital Banking in 2021 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Edelweiss Financial Services India is running and its propensity to invest more and deepen its relationship with Oracle , Darwinbox , SAP 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 Edelweiss Financial Services India revenues, which have grown to $1.06 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 Edelweiss Financial Services India 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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Edelweiss Financial Services India Tech Stack and Enterprise Applications
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Cloud ERP | ERP Financial | ERP Financial Management | n/a | 2018 | 2019 |
In 2018, Edelweiss Financial Services India implemented Oracle Cloud ERP as its core platform in the ERP Financial category and initiated a Journey to Cloud that moved its in-premise ERP footprint onto Oracle Fusion. The deployment was positioned within Finance Shared Services and targeted procure to pay, expense management, treasury, and vendor advance workflows as primary operational domains.
The implementation configured a Source to Procure to Pay S2P2P module with automation layers, and integrated Robotic Process Automation levers consistent with a MACHINE FIRST DELIVERY MODEL. Oracle Cloud ERP was extended with an expense management tool, Happay, to digitize employee reimbursement for travel and non travel claims and to institutionalize branch petty cash flows.
Treasury operations were restructured through a Bank Management workflow platform with H2H connectivity to banks for real time transaction updates, and vendor on boarding and advance management processes were redesigned within the Oracle Fusion framework. The program scoped integrations around bank H2H endpoints and the Happay expense tool, and mapped functional orchestration across treasury, accounts payable, and vendor management.
Governance emphasized Finance Shared Services led change, with digital transformation leadership driving use of RPA augmented by AI and machine learning, blockchain proof of concept work, natural language processing and chat bot interaction for select workflows. Rollout focused on process standardization, automation of approval and reconciliation flows, and embedding Oracle Cloud ERP as the transactional backbone for finance operations.
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HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Darwinbox | Legacy | Darwinbox Core HR | Core HR | HCM | n/a | 2018 | 2018 |
In 2018, Edelweiss Financial Services India implemented Darwinbox Core HR, deploying the Darwinbox Core HR cloud HCM suite to centralize personnel records and standardize HR workflows across the organization. The early deployment established a single Core HR system of record while positioning the application as the authoritative source for employee master data within Edelweiss technology operations.
The implementation integrated the Darwinbox Core HR suite with an in house HR data mart that aggregates cross‑functional HR data, enabling consolidated reporting and near real time synchronization of employee attributes. Operational coverage included integration and co‑management with existing in house HR applications, specifically 360 Degree feedback, performance and compensation management, ESOP management, leave and attendance, HR helpdesk ticketing, and asset procurement, preserving domain workflows while centralizing core master data and HR transactions.
Technical connections were extended to the Microsoft platform, using Power Apps, Power Automate and SharePoint lists for process automation and a modern SharePoint communication site as the intranet portal interface. Reporting and analytics were centralized in Power BI with dashboards fed from the HR data mart and Darwinbox Core HR, and an automated process for user identity management was implemented for O365 accounts. From an infrastructure standpoint, related HR applications and components were consolidated to AWS to standardize hosting and operational support.
Governance and rollout were driven from an internal technology projects team, including a Technology Project Manager leading an 11 member group that managed configuration, integrations and statutory audit compliance for the HR information management system. The program combined application configuration, process automation and audit controls to align HR operational processes with centralized data governance and access provisioning.
As an explicit outcome, reporting and dashboards were transformed to Power BI to provide a single view across HCM and ancillary HR applications, and the SharePoint intranet was built to centralize employee-facing HR services. These steps reinforced Darwinbox Core HR as the central Core HR platform supporting HR operations and analytics within Edelweiss Financial Services India.
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Core HR | HCM |
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2018 | 2018 |
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Learning and Development | HCM |
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2018 | 2018 |
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Onboarding | HCM |
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2018 | 2018 |
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Recruiting | HCM |
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2013 | 2013 |
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Recruiting, Applicant Tracking System | HCM |
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2018 | 2018 |
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Time and Attendance | HCM |
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2013 | 2013 |
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ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| In-House Applications | Legacy | In-House Digital Banking | Digital Banking | ERP Services and Operations | n/a | 2021 | 2021 |
In 2021, Edelweiss Financial Services India implemented the In-House Digital Banking application. The In-House Digital Banking deployment was developed on the OutSystems low-code platform with delivery partner valantic to deliver public-facing web and mobile capabilities in the Digital Banking category.
The implementation focused on an in-house digital lending platform for SME lending, covering three lines of business, housing, business, and personal loans. Functional capabilities included customer onboarding web and mobile apps, automated loan origination workflows, dynamic applicant creditworthiness validation during the application flow, and elimination of paper-based forms from the onboarding journey.
Edelweiss used an iterative, agile delivery model and achieved an initial production release within six months, enabling continuous integration and continuous delivery to drive regular iterative releases. The platform configuration emphasized automation of credit checks and rule-driven validation, instrumented to validate applicant data as users progressed through the application to reduce manual handoffs and data loss.
Governance and rollout emphasized continuous user feedback and lean iterative delivery, and within 12 months Edelweiss shifted ongoing and future development work to the OutSystems platform. The delivery model involved the in-house team working with valantic for OutSystems implementation services, and the platform selection cited the need for enterprise-grade scalability, security, and accelerated development velocity.
Reported outcomes from the In-House Digital Banking initiative include automation that accelerated loan origination and a reported two-thirds saving in processing costs, reduction of critical data loss from 40 percent to zero, a two times productivity increase, and an enhanced user experience. The initiative was recognized as an Innovation Awards Winner 2021.
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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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2021 | 2021 |
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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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Intelligent Document Processing | Content Management |
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2021 | 2021 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Customer Engagement | CRM |
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2019 | 2019 |
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EPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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EPM | EPM |
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2018 | 2018 |
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Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Investment Research and Market Intelligence | Investment Management |
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2021 | 2021 |
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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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2019 | 2019 |
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Application Hosting and Computing Services | IaaS |
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2019 | 2019 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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Content Delivery Network | IaaS |
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2020 | 2020 |
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IT Decision Makers and Key Stakeholders at Edelweiss Financial Services India
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Apps Being Evaluated by Edelweiss Financial Services India Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from Edelweiss Financial Services India IT executives and key decision makers. This section highlights Edelweiss Financial Services India's latest recorded technology evaluations, including Darwinbox Rewards and Recognition for Employee Recognition and Rewards Management on 2025-11-04 and OutSystems Platform for Apps Development on 2025-02-05. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the Edelweiss Financial Services India digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
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FAQ - APPS RUN THE WORLD Edelweiss Financial Services India Technographics
Edelweiss Financial Services India is a Banking and Financial Services organization based in India,
with around 5826 employees and annual revenues of $1.06 billion.
Edelweiss Financial Services India operates a diverse technology stack with applications such as
Oracle Cloud ERP, Darwinbox Core HR and In-House Digital Banking,
covering areas like ERP Financial, Core HR and Digital Banking.
Edelweiss Financial Services India has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Oracle, Darwinbox and In-House Applications.
Edelweiss Financial Services India recently adopted applications including
In-House Digital Banking in 2021, Cisco Webex Meetings in 2021 and Perfios Analyse in 2021,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Edelweiss Financial Services India’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Edelweiss Financial Services India’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 Edelweiss Financial Services India technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.