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The Intellect fest reached new heights in Hyderabad and Delhi. Associates stepped out in eMACH.ai colors, turning the Intellect town into a vibrant sea of green and gold! Guneet Anand and Mohana Murali kicked off the evening with inspiring words, setting the perfect tone at both locations. Our senior leaders delivered powerful insights on transforming enterprise, experience, and operations. The business sessions captivated the audience, while inspiring stories from Mission Samriddhi, Ullas Trust, and Design Thinking videos sparked new ideas! Celebrating excellence, the Keystone and Global Excellence Awards recognised our associates for their outstanding contributions in driving innovation and execution. To wrap it up, the evening ended with vibrant performances, highlighting the rich cultural traditions of Hyderabad and Delhi! The final stop is Mumbai, the finance capital of India, where the fest will conclude with a spectacular celebration.
On Saturday, August 24th, Intellect united for an inspiring day centered around our theme: eMACH.ai - From Strategy to Execution. Intellect Fest 2024 in Chennai showcased our commitment to driving transformation across the financial services industry, highlighting how we turn visionary strategies into impactful execution. The event was headlined by an insightful session from our Chairman and Managing Director, Arun Jain, who shared his vision for the future and set the stage for how eMACH.ai is leading the charge in transforming the financial services landscape. Key sessions focused on Transforming Enterprise, Experience, and Operations—demonstrating how eMACH.ai is not just a technological advancement but a catalyst for real-world impact. These discussions emphasized our strategic approach and how we empower our clients to execute with precision and achieve exceptional outcomes. The Fest also celebrated excellence through the Keystone and Global Excellence Awards, recognizing the outstanding contributions of our associates who embody the spirit of innovation and execution. And the celebrations don't stop here! Intellect Fest 2024 will continue in Pune, Hyderabad, Delhi, and Mumbai throughout August and September, bringing the spirit of innovation and excellence to more of our Intellect family across India. Intellect Fest 2024 is more than an event; it is a powerful statement of our collective vision to lead the future of financial technology & transforming strategy.
Intellect Global Transaction Banking (iGTB), the transaction banking business unit from Intellect Design Arena Ltd is proud to announce a significant partnership with National Bank of Fujairah(NBF), a UAE-based award winning full service Corporate Bank, to enhance its digital capabilities. This deal marks the first cloud-managed service for iGTB in this region. NBF currently serves corporates and SMEs through its network in the UAE, providing financial services to optimise commercial opportunities and achieve sustainable growth for their clients. With eMACH.ai Digital Transaction Banking solution, NBF can offer their clients a suite of comprehensive solutions backed with: Innovative Decision-Making and enhanced Digital Capabilities: For improved information visibility and innovation ensure quick decision-making and a seamless user experience for corporate and SME clients. Cloud-powered Excellence: iGTB, with eMACH.ai Cloud, will provide a fully managed cloud service, freeing NBF to focus on business development and client service.
We are delighted to announce the launch of the first-ever purpose-driven and ecosystem focused open API-based public procurement platform - iGPX (Government Procurement eXchange). Composed with eMACH.ai - the largest, most comprehensive and innovative open finance platform - and engineered by the ‘First Principles’ Thinking along with embedded GenAI from Intellect’s own Purple Fabric AI platform, iGPX promises enhanced efficiency, deep transparency, unparalleled inclusivity, vigilant compliance & global sustainability.
We are delighted to share with you the second edition of Intellect's Sustainability Report for FY 2023-24. The report, anchored around 'Holistic Sustainability', reflects our ongoing commitment to make a positive impact within our organisation, across communities, and through the broader ecosystem. The report is the outcome of a successful third-party assessment wherein we were assessed "GRI - In accordance", indicating full compliance with the AA1000AS v3 standard, including both principles-based and performance information assurance. This indicates a rigorous and comprehensive assurance process resulting in a high level of assurance and confidence in the sustainability report. Read Intellect's Sustainability Report for 2023-24 now: https://www.intellectdesign.com/investor/results/Intellect-Sustainability-Report-2023-24.pdf
Intellect Global Consumer Banking (iGCB), the consumer banking unit of Intellect Design Arena Limited, announced the launch of the eMACH.ai Digital Engagement Platform (eMACH.ai DEP) at Money20/20 in Amsterdam. eMACH.ai DEP will redefine the region’s banking customer engagement landscape through its Codeless, Unified, Cloud-native platform. The platform offers a single origination platform for Retail, SME & Corporates and can co-exist with the older version. eMACH.ai DEP is designed to offer insights into the Retail, SME and Corporate banking customers’ lifestyles and cater to their stated and unstated needs. This comprehensive platform touches every milestone of the customer journey with the bank across acquisition, engagement and retention. By harnessing the power of eMACH.ai (Events, Microservices, APIs, Cloud, Headless, AI), comprehensive user journeys and a codeless environment, DEP enables institutions to create signature engagement that resonates with customers throughout their banking lifecycle.
Intellect's Annual Report for FY 23-24 captures the business narratives in the Chairman’s Letter to Shareholders and also features how Intellect accelerates with eMACH.ai, Composable Platform (iTurmeric), and Contextual Platform (Purple Fabric). After this, the initial narrative of the report covers the Value Proposition Design, which captures Intellect's platforms and products composed with eMACH.ai. This is followed by the financial and secretarial sections highlighting the performance of the last financial year (FY 23-24).
Intellect Design Arena Ltd, a cloud-native, future-ready, multi-product FinTech company for the world’s leading banking and insurance clients, proudly announces the launch of two cutting-edge AI-powered platforms: iCPX (Corporate Procurement eXchange) and iAPX (Accounts Payable eXchange) using eMACH.ai, the largest, most comprehensive and innovative open finance platform. These revolutionary platforms apply ‘First Principles’ Thinking along with embedded GenAI from Intellect’s own Purple Fabric AI platform to extend Intellect’s presence in the Commerce ecosystem by transforming procurement and accounts payable operations for large and mid-sized enterprises.
Intellect Design Arena Ltd, a cloud-native, future-ready, multi-product Financial Technology company for the world’s leading banking and insurance clients, announces the launch of the Intellect Digital Core (IDC) for Cooperative Banks for the Indian market. This comprehensive, enterprise-grade banking technology solution is composed of eMACH.ai, the world’s largest open finance platform engineered by the ‘First Principles’ Thinking for financial institutions to design future-ready technology solutions. Drawing on the composable and contextual core banking technology that runs some of the world’s largest banks, Intellect brings the same expertise for cooperative banks as a Digital India initiative. Cooperative banks play a crucial role in the Indian financial system. Over the years, they have encountered several obstacles: limited access to modern financial services, competition and regulatory constraints. However, advanced technology can help them compete in the rapidly evolving digital banking landscape. In the “Report on Trend and Progress of Banking in India 2022-23”, RBI stated that robust internal governance practices and continuous technological upgrades and innovations will help co-operative banks expand their operations and improve their financial health.
Intellect Global Transaction Banking (iGTB), the transaction banking arm of Intellect Design Arena, held its 10th Jubilee edition of iGTB Oxford School of Transaction Banking, attracting leading financial institutions from around the globe. This two-and-a-half-day immersive learning experience was designed to establish the school as a pinnacle of thought leadership in transaction banking, helping executives develop a winning strategy and strengthen their client franchise. The event, held from 15th May to 17th May 2024, marked a significant milestone, continuing its tradition of fostering thought leadership and operational excellence in transaction banking. This year’s exclusive immersive learning experience, which started in Oxford and culminated at the Oxford and Cambridge Club in London, attracted over 40 participants and 20 distinguished speakers from six continents. The assembly underscored the global influence and outreach of the iGTB Oxford School, solidifying its status as a central hub for significant industry advancement.
