Colombo, 200,
Sri Lanka
Nations Trust Bank Technographics
Nations Trust Bank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Nations Trust Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 2832 Nations Trust 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 Nations Trust Bank has purchased the following applications: Oracle E-Business Suite for ERP Financial in 2014, Cisco Webex Meetings for Audio Video and Web Conferencing in 2021, Oracle Inventory Management for Inventory Management in 2014 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Nations Trust Bank is running and its propensity to invest more and deepen its relationship with Oracle , Sage , Cisco Systems 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 Nations Trust Bank revenues, which have grown to $103.0 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 Nations Trust 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.
Nations Trust Bank Tech Stack and Enterprise Applications
Nations Trust Bank ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle E-Business Suite | ERP Financial | ERP | n/a | 2014 | 2014 |
In 2014, Nations Trust Bank completed a re-implementation of Oracle E-Business Suite R12. Oracle E-Business Suite was deployed as the bank's ERP Financial backbone to centralize accounting, financial close, and treasury workflows.
The implementation targeted core finance and treasury operations and was configured to support standard ERP Financial modules including general ledger, accounts payable, accounts receivable, cash management, fixed assets, and treasury accounting. Configuration work emphasized a consistent chart of accounts, multi-entity accounting structures, statutory reporting setups, and automation of period close procedures consistent with banking finance needs.
Deployment activities included data conversion, validation, and staged testing across finance processes, with cutover sequencing to limit operational disruption. Governance changes accompanied the re-implementation, instituting role-based access controls, segregation of duties rules, and formalized financial process documentation and approval workflows to align operations with the new Oracle E-Business Suite environment.
Operational ownership rested with the bank's finance and treasury teams and the rollout was organized around functional waves for core accounting, payables and receivables, and treasury operations. The narrative centers on Nations Trust Bank Oracle E-Business Suite ERP Financial implementation design, configuration and governance for institutional banking finance functions.
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ERP Financial | ERP |
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2015 | 2015 |
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Nations Trust 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 | 2021 | 2021 |
In 2021, Nations Trust Bank implemented Cisco Webex Meetings, deploying Cisco Webex Meetings as its Audio Video and Web Conferencing platform. The bank exposes Cisco Webex Meetings on its public website to enable web based meeting access for external clients and to provision internal virtual meeting rooms for staff.
Deployment emphasizes embedding the Webex Meetings client into web pages and configuring meeting hosting, scheduling, video and audio conferencing, screen sharing, and recording capabilities consistent with Audio Video and Web Conferencing functional workflows. Operational ownership appears to reside with the bank IT organization, with Cisco Webex Meetings used for both client engagement and internal collaboration across business units in Sri Lanka.
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Collaboration | Collaboration |
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2017 | 2017 |
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Nations Trust Bank SCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Inventory Management | Inventory Management | SCM | n/a | 2014 | 2014 |
In 2014 Nations Trust Bank implemented Oracle Inventory Management as part of an Oracle E-Business Suite R12 deployment that included iProcurement and Inventory Management. Oracle Inventory Management was deployed to deliver Inventory Management capabilities supporting the bank's procurement and stores functions.
The implementation configured core inventory modules including item master management, receipts processing, issues and consumption, interorganization transfers, subinventory control and physical inventory counting. The project also enabled lot and serial tracking and unit of measure management to support controlled inventory transactions and auditability.
The Inventory Management solution was integrated within Oracle E-Business Suite R12 and specifically linked with iProcurement to unify purchase order creation, approval flows and receipt reconciliation. Transactional handling was placed inside the Oracle E-Business Suite context to provide a single operational stream for procurement to goods receipt processes.
Governance and process changes focused on centralized inventory policies, role based access control and formalized approval workflows via iProcurement, with updated receiving and stock reconciliation procedures for procurement and stores teams. Configuration emphasized operational controls, audit trails and standardized catalog and item definitions to support consistent inventory handling across the bank.
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Nations Trust Bank Procurement
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Procurement | Procurement |
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2014 | 2014 |
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Sourcing | Procurement |
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2014 | 2014 |
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Nations Trust Bank 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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2016 | 2016 |
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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 Nations Trust Bank
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| CIO | CXO | Finance | ||||
| Manager - IT Service Management | Manager | IT | ||||
| CFO | CXO | Finance | ||||
| VP Operations | VP | Operations |
Apps Being Evaluated by Nations Trust Bank Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||