Manama, x,
Bahrain
Gulf International Bank Technographics
Gulf International Bank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Gulf International Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1000 Gulf International 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 Gulf International Bank has purchased the following applications: Oracle Flexcube for Core Banking in 2010, Coupa InvoiceSmash for Intelligent Process Automation in 2017, 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 Gulf International Bank is running and its propensity to invest more and deepen its relationship with Oracle , Temenos , Coupa Software 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 Gulf International Bank revenues, which have grown to $384.0 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 Gulf International 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.
Gulf International Bank Tech Stack and Enterprise Applications
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Finastra Misys FusionBanking Midas | Oracle Flexcube | Core Banking | ERP Services and Operations | JMR Infotech | 2010 | 2010 |
In 2010, Gulf International Bank implemented Oracle FLEXCUBE as its Core Banking platform, replacing Finastra Misys FusionBanking Midas and engaging JMR Infotech as the strategic partner to strategize and execute the core banking transformation. The initiative was explicitly scoped to scale up operations and establish a modernized, vendor-supported core processing backbone for the bank.
Oracle FLEXCUBE was configured to deliver standard core banking capabilities including account management, deposit processing, lending lifecycle support, payments processing, general ledger posting, and customer information management. Implementation work emphasized product catalog configuration, transaction processing logic, interest and fee calculation engines, and a mix of real-time and batch posting workflows consistent with Core Banking operational patterns.
The program included a data migration and cutover from Finastra Misys FusionBanking Midas, and integration work to connect Oracle FLEXCUBE with the bank's existing channel systems and external clearing and reconciliation interfaces. Middleware and API-based interface patterns were employed to support system-to-system messaging and to preserve downstream reporting and operational flows.
Project governance was led by JMR Infotech with responsibilities for program management, configuration governance, functional and integration testing, user acceptance testing, cutover planning, and knowledge transfer to Gulf International Bank operations teams. The rollout targeted bank-wide core processing coverage, aligning retail and corporate banking operations onto Oracle FLEXCUBE to support scaled transaction volumes and ongoing operational consolidation.
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Digital Banking | ERP Services and Operations |
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2018 | 2018 |
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AI-Powered Application
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Coupa Software | Legacy | Coupa InvoiceSmash | Intelligent Process Automation | AI-Powered Application | n/a | 2017 | 2018 |
In 2017, Gulf International Bank implemented Coupa InvoiceSmash as part of a broader Coupa Purchase-to-Pay and Expense Management deployment. The initiative targeted procure-to-pay modernization and improving finance visibility across the bank, with a finance and accounts payable operational focus in the Middle East.
Coupa InvoiceSmash was applied under the Intelligent Process Automation category to automate incoming invoice processing and supplier interactions. Configuration centered on automated invoice capture, classification, invoice-to-purchase-order matching and exception routing to support accounts payable workflows and reduce manual touchpoints.
The InvoiceSmash deployment was integrated into the bank's Coupa Purchase-to-Pay and Expense Management workflows to centralize supplier communication and route invoices into established approval and payment orchestration processes. Operational scope covered finance, accounts payable and procurement teams across Gulf International Bank's regional operations.
Governance emphasized finance-led workflow standardization and approval controls to manage exceptions and supplier onboarding processes. The stated objective of the April 2017 announcement was to modernize procure-to-pay and improve finance visibility across the bank.
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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 Gulf International Bank implemented ConsenSys Quorum as a Blockchain Platform to participate in permissioned interbank information exchange. The implementation is recorded alongside Gulf International Bank’s inclusion in JP Morgan’s Interbank Information Network disclosures from April 2019, where the network was described as using Quorum for enterprise Ethereum based messaging and data exchange.
The ConsenSys Quorum deployment emphasized enterprise Ethereum architecture, using a permissioned ledger model to support secure messaging, document file transfer, and structured data exchange for payment compliance workflows. ConsenSys Quorum was configured to enable private transactions and permissioned consensus, aligning platform capabilities with the Interbank Information Network use cases such as compliance query resolution and target account validation.
Operational scope focused on correspondent banking and cross border payment compliance, with the platform supporting treasury and clearing related interactions between banks. Gulf International Bank’s use of ConsenSys Quorum connected into a broader network context that, as of April 2019, had grown to more than 220 participating banks, enabling simultaneous multi party interactions to resolve flagged payment details and compliance requests.
Governance and rollout patterns followed permissioned network principles, including access controls and shared workflow orchestration for multi party dispute and query resolution, and mirrored IIN plans to provide a test network and open APIs for third party developers. Network level outcomes cited in contemporaneous reporting included reduced payment delays and faster resolution of operational compliance queries as adoption scaled.
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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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2018 | 2018 |
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Collaboration | Collaboration |
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2018 | 2018 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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CRM | CRM |
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2020 | 2020 |
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Digital Advertising Platform | CRM |
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2024 | 2024 |
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Digital Advertising Platform | CRM |
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2024 | 2024 |
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Marketing Automation | CRM |
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2021 | 2021 |
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Sales Automation, CRM, Sales Engagement | CRM |
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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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Content Delivery Network | IaaS |
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2018 | 2018 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Secure Web Gateways (SWG) | CyberSecurity |
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2020 | 2020 |
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IT Decision Makers and Key Stakeholders at Gulf International Bank
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Gulf International Bank Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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| No data found | ||||||