Top-20 US bank modernizing identity, compliance, and digital banking
First Citizens is a $200B+ asset institution executing a controlled modernization agenda: OAuth2/OIDC authentication, Okta CIAM integration, and secure digital onboarding are all active. The tech stack is legacy-heavy (COBOL, IBM i, DB2, PowerHA) paired with modern identity and governance tools (Okta, CyberArk, SailPoint, ServiceNow), indicating a multi-year shift toward cloud-native identity and compliance. Finance and sales roles dominate hiring (174 of 249 open roles), but engineering velocity is notably lower, suggesting the bank is outsourcing or slowing platform rewrites while prioritizing regulatory risk mitigation.
Notable leadership hires: Operations Services Lead, Product Lead
First Citizens Bank operates a national retail and commercial banking platform across 500+ branches in 30 states, serving personal, business, commercial, and wealth clients. The parent company, First Citizens BancShares (NASDAQ: FCNCA), is a top-20 U.S. financial institution. Core business lines include commercial lending and leasing, innovation banking, direct banking, wealth management, brokerage, insurance, and private banking. Current operational priorities include fraud prevention, compliance modernization, high-net-worth client retention, and expansion of business banking relationships. The organization is actively deploying new compliance technologies and identity systems across retail and commercial platforms.
The bank uses Okta for CIAM and adaptive authentication, CyberArk and Delinea for credential management, SailPoint for identity governance, and ServiceNow for incident management. Active projects include Okta identity engine deployment and secure digital onboarding integration.
The bank runs IBM i (OS/400), DB2, COBOL, and PowerHA for core banking systems, while adopting Okta, ServiceNow, Python, React, and Node.js for modern layers. Informatica Customer 360 is under implementation for data integration.
First Citizens Bank's technology stack, projects, and hiring signals are inferred from public hiring and company data — career pages, public listings, and company web presence — then clustered and de-duplicated. Figures are estimates that refresh over time. Read our full methodology →
This is not an official vendor or customer list. It is a technology-adoption signal inferred from public data, intended for B2B research.