George Town, KY1-1104,
Cayman Islands
PROVEN Bank Technographics
PROVEN Bank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by PROVEN Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 65 PROVEN 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 PROVEN Bank has purchased the following applications: ERI OLYMPIC Banking System for Core Banking in 2023, Microsoft 365 for Collaboration in 2022, AdRoll for Digital Advertising Platform in 2022 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems PROVEN Bank is running and its propensity to invest more and deepen its relationship with ERI , Microsoft , NextRoll 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 PROVEN Bank 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 PROVEN 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.
PROVEN Bank Tech Stack and Enterprise Applications
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| ERI | Legacy | ERI OLYMPIC Banking System | Core Banking | ERP Services and Operations | n/a | 2023 | 2023 |
In 2023 PROVEN Bank expanded the use of ERI OLYMPIC Banking System across three newly rebranded entities in the Caribbean, positioning ERI OLYMPIC Banking System as the group wide Core Banking platform. The rollout covers PROVEN Bank (Cayman) Ltd, PROVEN Bank (Saint Lucia) Ltd and PROVEN Wealth (Cayman) Ltd as part of a group level business structure transformation and IT standardization effort.
The implementation includes existing functional modules used by PROVEN Wealth Limited, specifically client on boarding, credits, corporate actions, funds, client reporting, treasury, REPO and accounting. The program also introduces new functional capabilities into the platform, including CRM, e banking, portfolio management system functionality and additional new interfaces, while further specifying development of compliance and risk assessing tools to support KYC and KYT processes.
Architecturally the project is organized as a multi entity Core Banking deployment, centralizing the Olympic core as the primary technology platform to support private banking, retail banking and wealth management activities across the group. Standardized process models and shared configurations are being applied to create an integrated solution footprint that spans multiple legal entities and lines of business within the Caribbean region.
Governance and rollout are framed around the group rebrand and IT standardization, with the objective of harmonizing processes and infrastructure across entities. Public statements from ERI and PROVEN describe expected benefits from the integrated deployment, including standardized processes, lowered total cost of ownership, streamlined operations, reduced risks and enhanced customer experience, all tied to the expanded ERI OLYMPIC Banking System implementation.
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2022 | 2022 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| NextRoll | Legacy | AdRoll | Digital Advertising Platform | CRM | n/a | 2022 | 2022 |
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Tag Management | CRM |
|
2017 | 2017 |
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TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
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AML, Fraud and Compliance | TRM |
|
2024 | 2024 |
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Governance, Risk and Compliance | TRM |
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2023 | 2023 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
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Application Hosting and Computing Services | IaaS |
|
2022 | 2022 |
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Application Hosting and Computing Services | IaaS |
|
2022 | 2022 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Secure Web Gateways (SWG) | CyberSecurity |
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2023 | 2023 |
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IT Decision Makers and Key Stakeholders at PROVEN Bank
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by PROVEN Bank Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||