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Israel Discount Bank of New York (IDB Bank) Technographics
Israel Discount Bank of New York (IDB Bank) Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Israel Discount Bank of New York (IDB Bank) and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 2000 Israel Discount Bank of New York (IDB 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 Israel Discount Bank of New York (IDB Bank) has purchased the following applications: Oracle Cloud ERP for ERP Financial in 2020, Jack Henry Banking SilverLake for Core Banking in 2020, Cisco Webex Meetings for Audio Video and Web Conferencing 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 Israel Discount Bank of New York (IDB Bank) is running and its propensity to invest more and deepen its relationship with Oracle , Escrow.com , Jack Henry & Associates 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 Israel Discount Bank of New York (IDB Bank) revenues, which have grown to $764.0 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 Israel Discount Bank of New York (IDB 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.
Israel Discount Bank of New York (IDB Bank) Tech Stack and Enterprise Applications
Israel Discount Bank of New York (IDB Bank) ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Oracle E-Business Suite | Oracle Cloud ERP | ERP Financial | ERP | n/a | 2020 | 2020 |
In 2020, Israel Discount Bank of New York implemented Oracle Cloud ERP as their ERP Financial solution, migrating from Oracle E-Business Suite. The implementation was executed alongside a broader core banking migration from FISERV ICBS to Jack Henry Silverlake, and the QA organization designed a combined manual and automation test strategy to validate the Oracle Cloud ERP deployment and related finance functionality.
Implementation scope included core Oracle Cloud ERP modules, specifically Accounts Payable, General Ledger, Accounts Receivable, Financial Accounting Hub and EPM, with end-to-end pre and post upgrade verification of Oracle financials. The project also covered HR Case Management delivered on the ServiceNow platform, with functional validation of UI, workflows, knowledge articles, incident management and integrations, and documentation of detailed test plans for tracks such as Asset Based Lending, OFSAA, DDA and TD Deposits, BASEL III reporting, Personal and Investment Banking, Salesforce, Cognos cold storage reports, Escrow Accounting and BANNO mobile banking.
The deployment architecture included integration testing with Jack Henry Silverlake for core banking interfaces and Spectrum Vostro for foreign currency transactions, and the QA scope explicitly validated integrations with ServiceNow and ADP where applicable. Data governance activities were emphasized, including review of data contracts, S2T mapping, computational logic and data transformations, and validation of enterprise historical and transactional data post migration to ensure quantitative and qualitative standards were met.
Governance and delivery used Agile practices with bi-weekly sprint cycles, story grooming, sprint backlog management, sprint retrospectives and daily standups, and the QA lead participated in user story reviews and acceptance criteria definition. Test execution spanned SIT, UAT and Pre-Prod environments, using Tricentis TOSCA and qTest to build and run an automated regression suite, while manual testing covered functional, technical, positive, negative and exception paths. Defect reporting and traceability were managed in JIRA, test and status artifacts were stored in Confluence, and a QA Tracker plus dashboards were published to provide consolidated status across sprints.
Test resourcing and coordination included onsite and offshore teams, with the QA function producing comprehensive test evidence and maintaining traceability matrices to track user stories and test status. Oracle Cloud ERP was restated as the central ERP Financial platform for financial processing, with structured validation and governance to align finance, treasury and HR case workflows across the institution.
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Payment Processing | ERP |
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2020 | 2020 |
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Israel Discount Bank of New York (IDB Bank) ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Jack Henry & Associates | Fiserv Signature Bank Platform | Jack Henry Banking SilverLake | Core Banking | ERP Services and Operations | n/a | 2020 | 2020 |
In 2020, Israel Discount Bank of New York implemented Jack Henry Banking SilverLake as its Core Banking platform, replacing the Fiserv Signature Bank Platform. The program ran in parallel with an Oracle Financials EBS upgrade and a migration of Oracle Financials from an on premise footprint to an Oracle Cloud environment.
The Jack Henry Banking SilverLake implementation was configured to support core functional tracks including Asset Based Lending, DDA and time deposit processing, escrow accounting, personal and investment banking workflows, and mobile banking via BANNO. Regulatory and analytical capabilities were scoped for BASEL III reporting and OFSAA related feeds, and the program included validation of Cognos cold storage reporting and Salesforce interfaces.
Financial and operational integrations were validated end to end, including pre and post upgrade verification of Oracle ERP modules Accounts Payable, General Ledger, Accounts Receivable, and the Financial Accounting Hub, plus EPM. Testing covered integration with Spectrum Vostro for foreign currency transactions and functional validation of HR case management implemented on ServiceNow with ADP integration. Data contracts, source to target mappings, computational logic and data transformations were reviewed and enterprise historical and transactional data were validated across environments.
Governance and quality assurance were driven by a comprehensive test strategy combining manual and automated methods, aligned to agile ceremonies and sprint cadence. The QA Manager authored detailed test plans, user story based test scenarios, and traceability matrices, and managed test execution across SIT, UAT and Pre Prod. Tooling and delivery practices included an automated regression suite built with Tricentis TOSCA and qTest, defect tracking in JIRA, a documentation repository in Confluence, and status reporting dashboards to coordinate onsite and offshore teams.
Operational scope spanned core banking, finance and ERP, payments, HR case management, mobile banking and CRM touch points, with testing and governance focused on end to end integrated functionality and data fidelity. The narrative documents Israel Discount Bank of New York Jack Henry Banking SilverLake Core Banking implementation as a cross functional program emphasizing rigorous validation of modules, integrations and data migration.
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Digital Banking | ERP Services and Operations |
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2020 | 2020 |
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Loan Management | ERP Services and Operations |
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2015 | 2015 |
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Israel Discount Bank of New York (IDB Bank) Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Cisco Systems | Legacy | Cisco Webex Meetings | Audio Video and Web Conferencing | Collaboration | n/a | 2017 | 2017 |
In 2017, Israel Discount Bank of New York implemented Cisco Webex Meetings. Cisco Webex Meetings, classified as Audio Video and Web Conferencing, is deployed on the bank's public website to provide web meeting access for clients and staff. The implementation positions Cisco Webex Meetings as the bank's customer-facing and internal web conferencing tool, linking virtual meeting entry points directly from digital channels.
The deployment leverages standard Audio Video and Web Conferencing capabilities such as browser-based join, video and audio conferencing, screen sharing, and meeting scheduling to support relationship management and remote collaboration workflows. Configuration focuses on embedding meeting access on the corporate website and enabling secure, authenticated sessions consistent with enterprise collaboration patterns, while usage covers client engagement and internal coordination across front office and support functions. Governance is expressed through controlled access from the website and operational use by relationship teams, with the Cisco Webex Meetings application providing the core conferencing layer for the bank's online meeting orchestration.
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Israel Discount Bank of New York (IDB Bank) 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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Web Content Management | Content Management |
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2022 | 2022 |
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Israel Discount Bank of New York (IDB Bank) CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Marketing Automation | CRM |
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2018 | 2018 |
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Marketing Automation | CRM |
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2018 | 2018 |
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Sales Automation, CRM, Sales Engagement | CRM |
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2021 | 2021 |
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Israel Discount Bank of New York (IDB Bank) TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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AML, Fraud and Compliance | TRM |
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2019 | 2019 |
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Governance, Risk and Compliance | TRM |
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2022 | 2022 |
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Governance, Risk and Compliance | TRM |
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2022 | 2022 |
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Israel Discount Bank of New York (IDB Bank) IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Cloud Storage | IaaS |
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2022 | 2022 |
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Content Delivery Network | IaaS |
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2022 | 2022 |
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Israel Discount Bank of New York (IDB Bank) 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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Secure Email Gateways (SEGs) | CyberSecurity |
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2018 | 2018 |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2019 | 2019 |
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Security Orchestration, Automation, and Response (SOAR) | CyberSecurity |
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2017 | 2017 |
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Web Application Firewalls (WAF) | CyberSecurity |
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2021 | 2021 |
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IT Decision Makers and Key Stakeholders at Israel Discount Bank of New York (IDB Bank)
| First Name | Last Name | Title | Function | Department | Phone | |
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| CISO | CXO | IT | ||||
| Head of Cybersecurity Governance | Director | IT | ||||
| Head of Cybersecurity Engineering | Director | IT |
Apps Being Evaluated by Israel Discount Bank of New York (IDB Bank) Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||