Yerevan, 10,
Armenia
Mellat Bank Armenia Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Mellat Bank Armenia and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 100 Mellat Bank Armenia employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Mellat Bank Armenia has purchased the following applications: Armsoft AS-Bank for Core Banking in 2017, Google Angular for Apps Development in 2023, HostDime Cloud for Application Hosting and Computing Services 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 Mellat Bank Armenia is running and its propensity to invest more and deepen its relationship with Armsoft , Google , HostDime Global 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 Mellat Bank Armenia revenues, which have grown to $10.0 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 Mellat Bank Armenia 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.
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Armsoft | Legacy | Armsoft AS-Bank | Core Banking | ERP Services and Operations | n/a | 2017 | 2018 |
In 2017, Mellat Bank Armenia implemented Armsoft AS-Bank. Armsoft AS-Bank was deployed as a Core Banking system to provide core banking and financial account management capabilities reported by the vendor.
The deployment concentrated on modernizing account processing and streamlining retail and corporate transaction flows, configuring deposit and account management modules, transaction posting logic, and customer account lifecycle controls consistent with core banking operations. Internet banking integration was implemented to unify online transaction routing with the core ledger and to enable end to end transaction processing between digital channels and branch systems. Configuration emphasis included account hierarchies, automated posting rules, and workflow driven transaction approvals to support day to day banking operations.
Integrations focused on internet banking channels and internal branch processing to centralize transaction clearing and reconciliation, aligning online and in person transactions with financial account management. Operational coverage targeted retail and corporate banking functions across Mellat Bank Armenia, consolidating transaction flows into a central ledger and reconciliation process. The solution architecture emphasized a centralized core with channel integrations to reduce manual handoffs and improve transaction traceability.
Governance and rollout established centralized transaction workflows, role based access controls for teller and back office functions, and updated procedures for account opening and transaction reconciliation. The implementation aimed to modernize account processing and enhance retail and corporate transaction flows as described in vendor customer listings.
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PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Legacy | Google Angular | Apps Development | PaaS | n/a | 2023 | 2023 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| HostDime Global | Legacy | HostDime Cloud | Application Hosting and Computing Services | IaaS | n/a | 2015 | 2015 |
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Application Hosting and Computing Services | IaaS |
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2021 | 2021 |
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Application Hosting and Computing Services | 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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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Secure Sockets Layer (SSL) | CyberSecurity |
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2013 | 2013 |
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Secure Sockets Layer (SSL) | CyberSecurity |
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2017 | 2017 |
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| First Name | Last Name | Title | Function | Department | Phone | |
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| Date | Company | Status | Vendor | Product | Category | Market |
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