The Hong Kong Monetary Authority
55th Floor Two International Finance Centre 8 Finance Street Central,
Hong Kong, x,
Hong Kong
Hong Kong, x,
Hong Kong
852 2878 8196
Government
The Hong Kong Monetary Authority Technographics
The Hong Kong Monetary Authority Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by The Hong Kong Monetary Authority and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 900 The Hong Kong Monetary Authority employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that The Hong Kong Monetary Authority has purchased the following applications: SAP Concur Expense for Expense Management in 2021, Oracle PeopleSoft HCM for Core HR in 2011, Oracle BI Discoverer for Analytics and BI 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 The Hong Kong Monetary Authority is running and its propensity to invest more and deepen its relationship with SAP , Oracle , FIS 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 The Hong Kong Monetary Authority revenues, which have grown to $300.0 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 The Hong Kong Monetary Authority 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.
The Hong Kong Monetary Authority Tech Stack and Enterprise Applications
The Hong Kong Monetary Authority ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| SAP | Legacy | SAP Concur Expense | Expense Management | ERP Financial Management | n/a | 2021 | 2021 |
In 2021, The Hong Kong Monetary Authority implemented SAP Concur Expense in the Expense Management category to adopt an electronic Direct Debit Authorisation workflow for Hong Kong Dollar payments. The deployment targeted the Expense Pay Classic processing path for HKD and introduced specific data capture and funding account configuration changes required by local banking rules.
The configuration work centered on the Expense Pay Classic module within SAP Concur Expense, adding a mandatory Debtor’s Reference data element on the Direct Debit Authorisation form. A new Customer's Reference Number field was added to the Funding Account page in Concur Expense, and the unique Debtor’s Reference number is surfaced there as part of funding account configuration and payment orchestration.
Operational integration was limited to the SAP Concur processing bank workflow, where the Direct Debit Authorisation form and the Debtor’s Reference are submitted to the processing bank as part of the e-DDA process. Functionally this implementation touches expense processing, corporate payments, and finance workflow automation, ensuring that HKD settlement instructions carry the bank required identifier from Concur Expense through to bank processing.
Governance changes included the mandatory capture and provisioning of the unique Debtor’s Reference number, which is provided by SAP Concur implementation or support resources and must be maintained on the Funding Account record. These changes maintain compliance with the requirements of the Hong Kong Monetary Authority, aligning the SAP Concur Expense implementation with local e-DDA requirements.
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The Hong Kong Monetary Authority HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle PeopleSoft HCM | Core HR | HCM | n/a | 2011 | 2011 |
In 2011 the Hong Kong Monetary Authority implemented Oracle PeopleSoft HCM as its Core HR application. The rollout established a centralized Core HR platform to support the Authority's personnel data lifecycle, position control, and foundational HR metadata across administrative and HR functions.
Oracle PeopleSoft HCM deployment work addressed core configuration of PeopleSoft HCM, including security role design, reporting frameworks, and transaction processing workflows consistent with Core HR functional terminology such as personnel record management and position management. Technical activities during the engagement included prototype development using J2EE and modular code preparation to support application extension and customization, reflecting middleware readiness and application layer configuration.
Operational delivery included onsite support for Oracle PeopleSoft HCM provided by a Senior Software Specialist from Automated Systems Limited between October 2010 and September 2011, covering system operations, cutover assistance, and validation tasks. That resource brought prior data migration experience, specifically migrating data from Sybase to ORACLE on UNIX for the Hong Kong Hospital Authority, which informed data conversion and validation practices used during the PeopleSoft HCM implementation at the Authority.
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The Hong Kong Monetary Authority Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle BI Discoverer | Analytics and BI | Analytics and BI | n/a | 2015 | 2015 |
In 2015, The Hong Kong Monetary Authority implemented Oracle BI Discoverer within the Banking Supervision Department during a student placement from September 2015 to August 2016. The deployment used Oracle BI Discoverer as the primary Analytics and BI platform to create supervisory dashboards and enhance management information reporting for banking oversight.
The engagement delivered BI dashboards built on Oracle BI Discoverer, enhanced MIS reports using Excel and SQL, and parameterized report views and aggregations aligned to supervisory KPIs. Oracle BI Discoverer was used for report orchestration, visualization and scheduled exports that fed weekly monitoring workflows.
A weekly Bloomberg market report was composed that summarized market updates and KPIs, produced by combining Bloomberg market intelligence with Oracle BI Discoverer outputs and Excel analytics. Data extraction relied on SQL queries against internal supervisory data stores to populate Discoverer worksheets and MIS extracts used by analysts in the Banking Supervision Department.
Work included research briefs on FinTech and RegTech to inform analytical content and reporting design, and the implementation supported operational MIS and market monitoring processes within the department. Governance focused on departmental ownership of dashboards and report templates, with Oracle BI Discoverer serving as the central Analytics and BI tool for supervisory reporting.
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The Hong Kong Monetary Authority EPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Financial Consolidation and Close | EPM |
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2021 | 2021 |
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The Hong Kong Monetary Authority ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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IT Service Management | ITSM |
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2020 | 2020 |
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The Hong Kong Monetary Authority Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Portfolio and Investment Risk Management | Investment Management |
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2016 | 2016 |
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The Hong Kong Monetary Authority TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Treasury Management | TRM |
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2016 | 2016 |
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The Hong Kong Monetary Authority 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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2017 | 2017 |
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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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2015 | 2015 |
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Content Delivery Network | IaaS |
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2017 | 2017 |
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IT Decision Makers and Key Stakeholders at The Hong Kong Monetary Authority
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by The Hong Kong Monetary Authority Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from The Hong Kong Monetary Authority IT executives and key decision makers. This section highlights The Hong Kong Monetary Authority's latest recorded technology evaluations, including SimCorp Dimension for Portfolio and Investment Management on 2025-08-07, Microsoft SharePoint for Enterprise Content Management on 2025-05-13, and FIS Corporate Actions Manager (formerly XSP. eCAP and XSPrisa) for Workforce Management on 2025-03-12. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the The Hong Kong Monetary Authority digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||
FAQ - APPS RUN THE WORLD The Hong Kong Monetary Authority Technographics
The Hong Kong Monetary Authority is a Government organization based in Hong Kong,
with around 900 employees and annual revenues of $300.0 million.
The Hong Kong Monetary Authority operates a diverse technology stack with applications such as
SAP Concur Expense, Oracle PeopleSoft HCM and Oracle BI Discoverer,
covering areas like Expense Management, Core HR and Analytics and BI.
The Hong Kong Monetary Authority has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as SAP and Oracle.
The Hong Kong Monetary Authority recently adopted applications including
Tencent Cloud GCC in 2022, SAP Concur Expense in 2021 and FIS Data Integrity Manager (Formerly IntelliMatch) in 2021,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of The Hong Kong Monetary Authority’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates The Hong Kong Monetary Authority’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 The Hong Kong Monetary Authority technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.