Chennai, 600002,
India
Indian Overseas Bank Technographics
Indian Overseas Bank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Indian Overseas Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 22052 Indian Overseas 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 Indian Overseas Bank has purchased the following applications: Tally ERP for ERP Financial in 2016, Nelito FinDART for Digital Banking in 2016, Microsoft 365 for Collaboration in 2022 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Indian Overseas Bank is running and its propensity to invest more and deepen its relationship with Tally Solutions , Nelito Systems , Microsoft 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 Indian Overseas Bank revenues, which have grown to $1.48 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 Indian Overseas 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.
Indian Overseas Bank Tech Stack and Enterprise Applications
Indian Overseas Bank ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Tally Solutions | Legacy | Tally ERP | ERP Financial | ERP | n/a | 2016 | 2016 |
In 2016 Indian Overseas Bank implemented Tally ERP from Tally Solutions as an ERP Financial system to consolidate accounting workflows across its finance organization. The deployment targeted core banking accounting needs with a focus on structured transaction posting and ledger control.
Tally ERP was configured to support General Ledger operations, voucher-based transaction entry, Accounts Payable, Accounts Receivable and bank reconciliation capabilities consistent with ERP Financial deployments. Configuration work emphasized voucher templates, chart of accounts alignment for bank accounting, and automated voucher posting and ledger rollups to streamline routine transaction processing.
Operational coverage included branch-level clearing desks and central accounting teams, with staff operating as accountants under chartered accountant oversight. Data entry operators processed inward and outward clearing transactions using Tally ERP 9 from 8 June 2017 onward, and users relied on complementary skills in MS Office and internet tools to perform daily accounting and reconciliation tasks.
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Indian Overseas Bank ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Nelito Systems | Legacy | Nelito FinDART | Digital Banking | ERP Services and Operations | n/a | 2016 | 2016 |
In 2016 Indian Overseas Bank selected Nelito FinDART as a Digital Banking solution to archive legacy databases and enable faster retrieval and regulatory reporting across its branch network in India. The selection of Nelito FinDART was intended to make historical data access more customer centric and economical while reducing dependence on legacy systems, with deployment focused on supporting reporting and customer service use cases across branches.
The implementation emphasized data archival and indexed retrieval functionality within Nelito FinDART, including configurable retention policies, cataloging of historical records, and search indexing to accelerate access to aged account and transaction data. Configuration work centered on archival workflows, automated ingestion of cold data, and retrieval interfaces for front line and back office users, aligning with standard Digital Banking archival and retrieval capabilities.
Operational coverage spanned the bank’s branch network in India, with the solution integrated at the data layer to surface historical records for compliance, customer service, and reporting teams. Integration points aligned with core banking data stores and branch reporting feeds to ensure archived records remained discoverable for regulatory reporting and customer inquiries without active use of older databases.
Governance focused on centralized retention rules and role based access for archival retrieval, enabling IT and compliance teams to manage data lifecycle and auditability. The explicit objective was to improve customer centric access to historical data and lower operational cost associated with maintaining older databases, while decreasing reliance on prior legacy database infrastructure.
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Indian Overseas Bank Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2022 | 2022 |
In 2022, Indian Overseas Bank deployed Microsoft 365 as its Collaboration platform. Public signals on the bank website confirm use of Microsoft 365, indicating the bank has surfaced Microsoft 365 services for corporate collaboration and productivity.
The Microsoft 365 implementation centers on core collaboration capabilities, including Exchange Online for enterprise email, Microsoft Teams for chat and online meetings, SharePoint Online for intranet and document management, OneDrive for Business for user file storage, and the Microsoft 365 productivity apps for authoring and real time coauthoring. These modules provide integrated content collaboration, version control, and synchronous communication workflows typical of Collaboration platforms.
Architecturally the deployment follows a cloud hosted tenant model with centralized provisioning and unified authentication across Microsoft 365 services, enabling shared calendaring, meeting orchestration, and content workflows across the suite. Operational coverage focuses on enterprise collaboration and document lifecycle processes that support corporate communications and cross functional teams within the bank.
Governance and control are organized around centralized administration with role based access controls, data loss prevention and conditional access policies to align collaboration usage with banking compliance and records management obligations. Administrative configuration and policy orchestration within Microsoft 365 enable standardized collaboration workflows and secure content sharing across the organization.
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Indian Overseas Bank CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Tag Management | CRM |
|
2018 | 2018 |
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Indian Overseas Bank TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
AML, Fraud and Compliance | TRM |
|
2013 | 2013 |
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Indian Overseas Bank IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2018 | 2018 |
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|
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Application Hosting and Computing Services | IaaS |
|
2021 | 2021 |
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Indian Overseas Bank CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Secure Sockets Layer (SSL) | CyberSecurity |
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2023 | 2023 |
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IT Decision Makers and Key Stakeholders at Indian Overseas Bank
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Indian Overseas Bank Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||