Karur Vysya Bank(KVB)]
No. 20, Erode Road, Vadivel Nagar, L.N.S,
Karur, 639002,
India
Karur, 639002,
India
91 43 2426 9440
Banking and Financial Services
Karur Vysya Bank(KVB)] Technographics
Karur Vysya Bank(KVB)] Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Karur Vysya Bank(KVB)] and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 8889 Karur Vysya Bank(KVB)] employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Karur Vysya Bank(KVB)] has purchased the following applications: Tally ERP for ERP Financial in 2017, Oracle Flexcube for Core Banking in 2015, Microsoft Power BI for Analytics and BI in 2019 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Karur Vysya Bank(KVB)] is running and its propensity to invest more and deepen its relationship with Tally Solutions , Oracle , Q2 Software 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 Karur Vysya Bank(KVB)] revenues, which have grown to $581.0 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 Karur Vysya Bank(KVB)] 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.
Karur Vysya Bank(KVB)] Tech Stack and Enterprise Applications
Karur Vysya Bank(KVB)] ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Tally Solutions | Legacy | Tally ERP | ERP Financial | ERP Financial Management | n/a | 2017 | 2017 |
In 2017 Karur Vysya Bank(KVB) deployed Tally ERP as an ERP Financial solution to standardize accounting, audit and tax workflows supporting SME banking and retail finance functions. The implementation targeted accounting for individuals and business firms, concurrent audit processes, preparation of projection reports for financing, and audit preparation for educational institutions, aligning the bank's finance teams around a single accounting application.
The deployment emphasized core financial modules in Tally ERP including general ledger accounting, accounts receivable and payable, bank reconciliation, statutory tax processing and financial statement preparation. Configuration work included bookkeeping and period close procedures, preparation and audit of financial statements, handling income tax audit inputs and tax return filing data, and mechanisms to merge partnership and individual firm accounts within the application for consolidated reporting.
No external system integrations were specified in source documentation, so operational coverage focused on internal finance and audit teams, SME lending units and tax compliance functions. Tally ERP was used to gather financial information, reconcile accounts, prepare bank reconciliation statements and projection reports for financing, and to close books for firms and individual clients as part of concurrent audit workflows.
Governance and process changes centered on formalizing concurrent audit tasks and record completeness checks, standardizing data capture for taxable income and deductibles, and institutionalizing procedures for merging entity accounts in Tally ERP. The rollout supported repeated use cases including income tax audits, filing support and the preparation and review of expense, net worth and asset records for audit and financing purposes.
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Karur Vysya Bank(KVB)] ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Flexcube | Core Banking | ERP Services and Operations | n/a | 2015 | 2015 |
Karur Vysya Bank implemented Oracle Flexcube in 2015 as its Core Banking platform. The deployment is positioned to support transaction processing and account servicing workflows used by operations teams responsible for loans and payments.
Oracle Flexcube at Karur Vysya Bank is used for core lending and account management capabilities, including loan disbursements, generation of repayment schedules, preparation of foreclosure letters, and issuance of interest certificates and statements of account. The application is also used to adjust loan related charges to designated general ledger accounts, and to prepare loan dockets in coordination with product delivery teams.
The implementation handles payment and reconciliation functions, processing NEFT and RTGS transfers and internal funds transfers while posting internal GL entries. Flexcube is used to generate regulatory and credit reporting artifacts, including CRILC reports via the relevant portal, and to manage CERSAI creation and reporting flows linked to credit bureau references such as CIBIL and NESL.
Operational governance and process controls are centered on post sanction activities managed through Oracle Flexcube, with document verification workflows aligned to sanction, legal, vetting, and credit checks. The system is instrumental in addressing CCMS queries and clearing audit remarks from RBIA, credit and concurrent reviews, embedding reconciliations and audit response procedures into the bank operations environment.
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Loan Management | ERP Services and Operations |
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2018 | 2018 |
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Loan Origination System (LOS) | ERP Services and Operations |
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2017 | 2017 |
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Karur Vysya Bank(KVB)] Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft Power BI | Analytics and BI | Analytics and BI | n/a | 2019 | 2019 |
In 2019, Karur Vysya Bank(KVB) deployed Microsoft Power BI to establish a centralized Analytics and BI capability for core banking reporting and operational analytics. The rollout centered on delivering interactive dashboards, enterprise reports and self-service analytics to support branch performance and business function decision making across the bank.
Microsoft Power BI was implemented with a focus on semantic data modeling, reusable datasets and interactive visualizations. Configuration work emphasizes curated dashboards and KPI scorecards, role based access controls, scheduled data refresh and report versioning, enabling analysts and branch managers to explore credit, liability and sales metrics through drilldown and filtered views.
The deployment scoped operational coverage to retail banking functions including credit, sales, branch operations, recovery and compliance, aligning reporting artifacts to loan processing, customer service and branch performance workflows. Requirements and acceptance criteria were gathered through stakeholder elicitation and collaboration with managers experienced in credit, liability and branch operations to ensure reports reflected regulatory and operational controls.
Governance structures put in place include data stewardship, access governance, change control for report publications and targeted analyst training to enforce consistent definitions and controls. Microsoft Power BI was positioned as the bank wide Analytics and BI platform to standardize reporting workflows, reinforce compliance monitoring and support ongoing business intelligence adoption.
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Analytics and BI | Analytics and BI |
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2019 | 2019 |
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Karur Vysya Bank(KVB)] Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Intelligent Document Processing | Content Management |
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2019 | 2019 |
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Karur Vysya Bank(KVB)] CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Customer Support | CRM |
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2017 | 2017 |
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Sales Automation | CRM |
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2019 | 2019 |
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Karur Vysya Bank(KVB)] TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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AML, Fraud and Compliance | TRM |
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2013 | 2013 |
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AML, Fraud and Compliance | TRM |
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2020 | 2020 |
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Karur Vysya Bank(KVB)] IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Domain Name System (DNS) | IaaS |
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2020 | 2020 |
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Karur Vysya Bank(KVB)] CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Secure Sockets Layer (SSL) | CyberSecurity |
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2021 | 2021 |
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Web Application Firewalls (WAF) | CyberSecurity |
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2022 | 2022 |
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Web Application Firewalls (WAF) | CyberSecurity |
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2020 | 2020 |
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IT Decision Makers and Key Stakeholders at Karur Vysya Bank(KVB)]
| First Name | Last Name | Title | Function | Department | Phone | |
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Apps Being Evaluated by Karur Vysya Bank(KVB)] Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from Karur Vysya Bank(KVB)] IT executives and key decision makers. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the Karur Vysya Bank(KVB)] digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
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FAQ - APPS RUN THE WORLD Karur Vysya Bank(KVB)] Technographics
Karur Vysya Bank(KVB)] is a Banking and Financial Services organization based in India,
with around 8889 employees and annual revenues of $581.0 million.
Karur Vysya Bank(KVB)] operates a diverse technology stack with applications such as
Tally ERP, Oracle Flexcube and Microsoft Power BI,
covering areas like ERP Financial, Core Banking and Analytics and BI.
Karur Vysya Bank(KVB)] has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Tally Solutions, Oracle and Microsoft.
Karur Vysya Bank(KVB)] recently adopted applications including
Imperva Sonar in 2022, Entrust SSL in 2021 and Clari5 Platform in 2020,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of Karur Vysya Bank(KVB)]’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates Karur Vysya Bank(KVB)]’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 Karur Vysya Bank(KVB)] technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.