Prime Bank
impletree Anarkali, Holding No: 89, Plot No: 03, Block: CWS(A), Gulshan Avenue, Gulshan,
Dhaka, 1212,
Bangladesh
Dhaka, 1212,
Bangladesh
880 2 55068721-23
Banking and Financial Services
Prime Bank Technographics
Prime Bank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Prime Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 2968 Prime 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 Prime Bank has purchased the following applications: Temenos T24 for Core Banking in 2009, ConsenSys Quorum for Blockchain Platform in 2019, Microsoft 365 for Collaboration 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 Prime Bank is running and its propensity to invest more and deepen its relationship with Temenos , ConsenSys , 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 Prime Bank revenues, which have grown to $195.0 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 Prime 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.
Prime Bank Tech Stack and Enterprise Applications
Prime Bank ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Temenos | Legacy | Temenos T24 | Core Banking | ERP Services and Operations | n/a | 2009 | 2009 |
In 2009, Prime Bank implemented Temenos T24 Core Banking. The deployment established Temenos T24 as the bank's core banking application to centralize transaction processing and operational controls across the bank's CBS environment.
The implementation emphasized T24 CBS User Administration, with configuration of the Authorizer role to manage user permissions, security profiles, and approval workflows. System administration responsibilities were executed on the Linux server tier, covering account provisioning, access enforcement, and maintenance of T24 runtime services.
Operational scope focused on user administration and system administration within the Temenos T24 environment, supporting IT operations, security governance, and front office access controls. The configuration of role based access control and audit logging tied daily operational tasks to the T24 application layer.
Governance was organized around authorizer workflows, segregation of duties controls, periodic user access certification, and audit trail capture for user actions inside Temenos T24 Core Banking. These administrative and system administration practices framed ongoing user lifecycle management and security compliance for Prime Bank.
|
Prime Bank Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| ConsenSys | Legacy | ConsenSys Quorum | Blockchain Platform | Blockchain | n/a | 2019 | 2019 |
In 2019 Prime Bank implemented ConsenSys Quorum, deploying ConsenSys Quorum as a Blockchain Platform to participate in a permissioned interbank information network. The implementation aligned Prime Bank with JP Morgan’s Interbank Information Network which uses Quorum as its enterprise Ethereum foundation, positioning the bank to exchange payment compliance data with other correspondent banks.
The ConsenSys Quorum deployment was configured to support permissioned ledger capabilities and secure messaging, with functional emphasis on payment compliance data exchange, document and file transfer, and account validation workflows similar to the IIN Resolve feature set. Configuration work focused on node participation, private transaction channels for confidentiality, and data modeling to enable structured compliance queries between counterparties.
Operational coverage targeted cross-border and domestic payment messaging, integrating Prime Bank’s treasury and compliance operations into the network’s multi-party communications model. The network was intended to operate alongside existing payment rails such as SWIFT, serving as a communication layer to resolve compliance-related payment exceptions rather than as a payments clearing rail, with production for domestic and foreign payment data planned for third quarter 2019.
Governance was enacted through permissioned access controls and role-based data sharing to enable simultaneous, multi-party interactions on flagged payment details, converting bilateral one-way inquiries into collaborative workflows. The deployment followed the IIN pattern where increased network participation was expected to reduce payment resolution times by improving information exchange across correspondent banking relationships.
|
Prime Bank Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2015 | 2015 |
In 2015, Prime Bank implemented Microsoft 365 to provide Collaboration capabilities for its banking and financial services operations. The Microsoft 365 deployment is positioned to support corporate productivity and collaboration workflows across customer-facing and back-office functions, emphasizing email, document sharing, and real-time team communication.
Microsoft 365 configuration emphasizes core Collaboration modules such as Exchange Online for enterprise email, SharePoint Online and OneDrive for Business for document management and versioning, and Microsoft Teams for chat and meetings, with integrated Office applications for knowledge workers. The implementation includes identity and access controls and role-based collaboration policies to align with banking governance and compliance, and Prime Bank’s public website references Microsoft 365 as part of its digital footprint.
|
Prime Bank IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Application Hosting and Computing Services | IaaS |
|
2015 | 2015 |
|
Prime Bank CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Phishing Protection | CyberSecurity |
|
2024 | 2024 |
|
IT Decision Makers and Key Stakeholders at Prime Bank
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
|
|
Vice President & Manager Business Stream | VP | Operations | |
|
|
|
VP IT Operations, T24 Re-implementation and Up-gradation Project | VP | IT | |
|
|
|
VP IT | VP | IT | |
|
Apps Being Evaluated by Prime Bank Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from Prime Bank IT executives and key decision makers. This section highlights Prime Bank's latest recorded technology evaluations, including Dow Jones Risk & Compliance for Risk Management on 2025-06-23. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the Prime Bank digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| 2025-06-23 | Prime Bank | Evaluated | Dow Jones | Dow Jones Risk & Compliance | Risk Management | TRM |
FAQ - APPS RUN THE WORLD Prime Bank Technographics
Prime Bank is a Banking and Financial Services organization based in Bangladesh,
with around 2968 employees and annual revenues of $195.0 million.
Prime Bank operates a diverse technology stack with applications such as
Temenos T24, ConsenSys Quorum and Microsoft 365,
covering areas like Core Banking, Blockchain Platform and Collaboration.
Prime Bank has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Temenos, ConsenSys and Microsoft.
Prime Bank recently adopted applications including
CTM360 in 2024, ConsenSys Quorum in 2019 and Microsoft 365 in 2015,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Prime Bank’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Prime Bank’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete Prime Bank technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.