Baghdad, 12043,
Iraq
Trade Bank of Iraq Technographics
Trade Bank of Iraq Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Trade Bank of Iraq and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 100 Trade Bank of Iraq employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Trade Bank of Iraq has purchased the following applications: Finastra Misys FusionBanking Equation for Core Banking in 2016, GoDaddy for Application Hosting and Computing Services in 2016 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Trade Bank of Iraq is running and its propensity to invest more and deepen its relationship with Finastra , GoDaddy , Cloudflare 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 Trade Bank of Iraq revenues, which have grown to $15.0 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 Trade Bank of Iraq 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.
Trade Bank of Iraq Tech Stack and Enterprise Applications
Trade Bank of Iraq ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Finastra | Legacy | Finastra Misys FusionBanking Equation | Core Banking | ERP Services and Operations | n/a | 2016 | 2016 |
In 2016 Trade Bank of Iraq contracted Finastra Misys FusionBanking Equation to upgrade its core banking infrastructure. The contract was signed at Trade Bank of Iraq’s premises in Baghdad on 14 October and initiated an upgrade program focused on delivering a feature rich banking experience across the institution.
The implementation centers on Finastra Misys FusionBanking Equation as the core platform, addressing Core Banking capabilities such as account management, transaction processing, core ledger functions, and retail payments processing. Complementary deployment of FusionBanking Essence Teller is documented to modernize branch teller operations, improving branch processing workflows and front line customer interactions.
Operational coverage targets the branch network and customer service and operations teams, with configuration oriented around branch teller orchestration, customer account servicing, and central transaction posting. Integrations are organized around internal channel and teller workflows and front office systems to ensure transactional continuity and consistent account state between branch and core.
Governance and rollout activity was formalized at the onsite contract signing, with an expected phased implementation across the branch network and standard program elements including configuration, testing, and staff enablement. The stated objectives for the program include creating a more efficient branch network and offering a superior customer experience through the upgraded Core Banking platform.
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Core Banking | ERP Services and Operations |
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2012 | 2012 |
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Trade Bank of Iraq IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| GoDaddy | Legacy | GoDaddy | Application Hosting and Computing Services | IaaS | n/a | 2016 | 2016 |
In 2016 Trade Bank of Iraq provisioned GoDaddy as its website hosting provider. The deployment used GoDaddy within the Application Hosting and Computing Services category to host and serve the bank's public website at https://www.tbiraq.com, with the GoDaddy account managing domain and hosting configuration for the public-facing site. The implementation concentrated on external web presence and content delivery rather than internal banking systems.
Operationally the GoDaddy implementation centralized web operations and customer-facing communications, consolidating site content management, DNS records, and hosting controls under the GoDaddy control plane. Configuration and management relied on standard web hosting capabilities provided by GoDaddy, including site file management and certificate handling, while internal web operations established publishing workflows and credential governance to manage updates to the bank's public website.
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Content Delivery Network | IaaS |
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2020 | 2020 |
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Content Delivery Network | IaaS |
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2022 | 2022 |
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IT Decision Makers and Key Stakeholders at Trade Bank of Iraq
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Apps Being Evaluated by Trade Bank of Iraq Executives
| Date | Company | Status | Vendor | Product | Category | Market |
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