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Phoenix Financial Tech Stack

Israeli asset manager and insurer managing $180B+ with modernized ML and core system infrastructure

Financial Services Rishon LeZion 1,001–5,000 employees Public Company

Phoenix Financial operates Israel's largest asset management and insurance platform, managing over $180 billion across multiple subsidiaries and distribution channels. The tech stack reveals a firm in mid-modernization: legacy systems (Siebel, Oracle, PL/SQL) still dominate, but active hiring in data and engineering roles paired with projects around ML deployment, GenAI architecture, and core system replacement signal a push toward automation and risk infrastructure. Pain points around CRM integration, governance control, and operational complexity in private equity workflows suggest the core system work is addressing long-standing scalability constraints.

Tech Stack 29 technologies

What Phoenix Financial Is Building

Challenges

  • Transition to new core system
  • Inefficient crm integration
  • Strengthening governance risk management control processes
  • Complex procurement deals
  • International vendor negotiations
  • Project risk reduction
  • Deadline and budget compliance
  • Operational complexity of private equity deals
  • Managing capital calls and distributions
  • Complex production issues

Active Projects

  • Ml-based data solutions
  • Model deployment
  • Secure architecture for genai systems
  • New core system implementation
  • Salary analyses
  • Economic projects
  • Internal audits in the field of investment activities
  • Interfaces and integration with stakeholders
  • Balance sheet report generation
  • Llm fine-tuning

Hiring Activity

Accelerating30 roles · 15 in 30d

Department

Engineering
7
Finance
7
Data
4
Ops
3
Audit
1
Digital
1
Executive
1
Legal
1

Seniority

Mid
12
Senior
12
Junior
2
Lead
1

Notable leadership hires: Data Science Lead

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About Phoenix Financial

Phoenix Financial is a publicly traded leader in Israeli asset management and insurance, managing over $180 billion in assets for private and corporate clients. The firm operates through six main subsidiaries spanning insurance, investment banking, capital partners, pension and provident funds, brokerage, and distribution agencies. With 1,001–5,000 employees based in Rishon LeZion, the company combines traditional financial services operations with emerging data science and infrastructure capabilities. Current hiring—concentrated in engineering and data roles at mid and senior levels—is focused on core system modernization, ML-driven analytics, and governance infrastructure.

HeadquartersRishon LeZion
Company Size1,001–5,000 employees
Hiring MarketsIsrael

Frequently Asked Questions

What is Phoenix Financial's assets under management?

Phoenix Financial manages over $180 billion in assets across asset management, insurance, and related financial services for Israeli private and corporate clients.

What tech stack does Phoenix Financial use?

Legacy foundations (Siebel, Oracle, SAP) paired with modern ML/cloud layers: Python, MLflow, RAG, AWS, Azure, GCP, Kubernetes, and data tools like Datadog, Power BI, and MongoDB.

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