Riga, LV-1010,
Latvia
OP Corporate Bank plc Technographics
OP Corporate Bank plc Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by OP Corporate Bank plc and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 60 OP Corporate Bank plc employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that OP Corporate Bank plc has purchased the following applications: Microsoft 365 for Collaboration in 2020, SymphonyAI Sensa NetReveal for AML, Fraud and Compliance in 2018, Microsoft Azure Cloud Services for Application Hosting and Computing Services 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 OP Corporate Bank plc is running and its propensity to invest more and deepen its relationship with Microsoft , SymphonyAI , SAS Institute 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 OP Corporate Bank plc 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 OP Corporate Bank plc 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.
OP Corporate Bank plc Tech Stack and Enterprise Applications
Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2020 | 2020 |
In 2020, OP Corporate Bank plc implemented Microsoft 365. The Microsoft 365 deployment functions as the bank's primary Collaboration platform for its 60 employees in Latvia and is referenced on the company's website.
The implementation consolidates cloud email, document collaboration, team chat, and file synchronization capabilities typical of Collaboration platforms, commonly realized through Exchange Online, SharePoint Online, OneDrive for Business, and Microsoft Teams, provisioned within a single Microsoft 365 tenant to centralize identity and access management. Configuration emphasis included tenant level administrative roles, role based access controls, and policy settings for information protection and compliance, aligning user provisioning and group structures to the bank's operational departments. Management practices reflect small enterprise scale governance, with centralized administration and standard templates for site and team provisioning to control sprawl and maintain consistent collaboration patterns.
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TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SymphonyAI | Legacy | SymphonyAI Sensa NetReveal | AML, Fraud and Compliance | TRM | n/a | 2018 | 2019 |
In 2018, OP Corporate Bank plc implemented SymphonyAI Sensa NetReveal as part of its AML, Fraud and Compliance controls. The deployment focused on financial sanctions monitoring and watchlist screening, and it corresponded with an upgrade to BAE Systems NetReveal WLM that entered production at the end of 2018.
Transaction monitoring functions continued to be executed by BAE Systems Norkom AML in production, while SAS Institute AML and customer due diligence capabilities were operated in parallel and moved into production by the end of 2017. SymphonyAI Sensa NetReveal was positioned as the dedicated sanctions screening and watchlist management layer alongside these transaction monitoring systems, supporting continuous online screening or time shifted T plus 1, 2 or 3 processing windows.
Operational coverage targeted the banks Latvia operations, with rollout and governance structured around phased, end of year production milestones. Implementation practice emphasized parallel operations and staged activation, retaining Norkom and SAS Institute runs while bringing NetReveal WLM into the institutional compliance stack to centralize sanctions screening workflows.
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AML, Fraud and Compliance | TRM |
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2017 | 2018 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft Azure Cloud Services | Application Hosting and Computing Services | IaaS | n/a | 2017 | 2017 |
In 2017, OP Corporate Bank plc deployed Microsoft Azure Cloud Services to provide Application Hosting and Computing Services for its public web presence. The Microsoft Azure Cloud Services deployment is referenced on the bank website and is used to host the customer-facing website and associated web applications.
The implementation leverages cloud-hosted compute and platform capabilities, combining virtual machine style compute, platform services, persistent object storage and managed networking to support web application delivery and static asset hosting. Configuration includes standard cloud operational functions such as provisioning, access control, subscription governance and managed security controls, aligned with the expectations for Application Hosting and Computing Services.
Operational scope is focused on the bank website and digital channels, with IT operations sized to the organization managing day to day cloud administration and deployment lifecycle tasks. The relationship is clear, OP Corporate Bank plc uses Microsoft Azure Cloud Services for Application Hosting and Computing Services to run its web hosting and application hosting business functions.
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IT Decision Makers and Key Stakeholders at OP Corporate Bank plc
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Apps Being Evaluated by OP Corporate Bank plc Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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