Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena Ltd, has announced the global launch of eMACH.ai Cloud for Wholesale Banking. This first principle based pioneering platform is designed to empower wholesale banks with a comprehensive suite of integrated services, tailored to meet the complex needs of corporate clients across diverse industries, while enabling banks to modernise and scale their operations efficiently.
Intellect’s eMACH.ai Cloud is a suite of products that includes digital engagement, liquidity management, virtual accounts, and core banking solutions.
Wholesale banks, faced with evolving client demands, competitive pressures and regulatory challenges, require agile and future-ready solutions. eMACH.ai Cloud for Wholesale Banking responds to these demands by offering a unified end-to-end platform going beyond traditional banking, covering full spectrum of services across cash management, trade finance, corporate lending, deposits, cards, treasury, brokerage, and foreign exchange, eliminating the need for multiple systems
The platform is built to assist wholesale banks unlock new revenue opportunities, streamline operations and accelerate time-to-market for new products. It is an all-encompassing solution that ensures banks can maintain their competitive edge while meeting regulatory compliance and addressing Environmental, Social, and Governance (ESG) goals.
Intellect’s eMACH.ai Cloud integrates all wholesale banking needs into one seamless platform thereby eliminating the inefficiencies associated with managing multiple disparate systems, ensuring that banks can streamline their operations and reduce technology overhead. It is designed to cater to the unique needs of diverse sectors, such as real estate, logistics, e-commerce, manufacturing and healthcare, the platform enables banks to offer tailored solutions that align with specific industry demands. This tailoring enhances client relationships and enables banks to deliver better financial services across sectors. By adopting eMACH.ai Cloud, wholesale banks can significantly lower their operational costs through improved automation and process integration. The platform reduces the need for manual interventions and legacy system management, thereby improving efficiency and reducing operational risks.
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The platform allows banks to enhance their non- interest income streams by enabling cross-selling and bundling of services. Banks can maximise value for clients by offering tailored financial products while capitalising on premium pricing strategies. The ability to provide a comprehensive range of services through a single unified system ensures optimal capital utilisation and improved revenue generation.
The cloud-native platform supports continuous modernisation, allowing banks to scale and evolve their operations in response to market changes. It facilitates easy upgrades, ensuring that banks remain at the forefront of technological advancement without the need for disruptive overhauls.
With sustainability becoming a core focus for financial institutions globally, eMACH.ai Cloud integrates features that support banks in meeting regulatory requirements and investing in ESG and Sustainable Finance. This capability allows banks to align their growth objectives with their sustainability commitments. Intellect’s platform empowers banks to manage their services easily and seamlessly.
Manish Maakan, CEO of iGTB, said, “The platform that redefines the way wholesale banks operate. By delivering a unified, integrated solution, we are enabling banks to not only enhance operational efficiency and reduce costs but also to tap into new revenue streams and accelerate their growth ambitions. In today’s dynamic market, wholesale banks need agility, and eMACH.ai Cloud gives them the tools to deliver exceptional value to their clients while driving innovation in their business models.”
He added, “Our platform equips wholesale banks with everything they need to thrive in a complex financial ecosystem – from managing liquidity and meeting evolving compliance demands to achieving ESG targets and enabling sustainable finance. With eMACH.ai Cloud, banks can confidently embrace the future, secure in the knowledge that they have the most advanced technology at their disposal.”