Intellect launches Cloud products suite for wholesale banking

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.

Intellect on boards new member in Growth Advisory Board

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.

Intellect on boards new member in Growth Advisory Board

Intellect Design Arena Ltd, a cloud-native, future-ready, multi-product financial technology company for the world’s leading banking and insurance clients, has announced the appointment of Rajesh Mehta to its Growth Advisory Board.

Mehta, a seasoned industry leader with a wealth of global experience, brings a valuable perspective to help shape and accelerate Intellect’s growth story. He joins Intellect’s Growth Advisory Board with a track record in the transaction banking and financial services sectors.

He is a distinguished professional with a notable career in corporate and transaction banking. During his long tenure at Citi, one of the world’s leading financial institutions, he ran large, regional transactional banking businesses in Asia, Latin America, Africa, Europe, and the Middle East.

Based out of London, UK, Rajesh has deep knowledge and wide experience in leading, growing and transforming large tech-enabled financial services businesses globally over many years, bringing a unique perspective to bear on Intellect’s Global Growth Agenda.

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Mehta’s appointment underscores the importance of having a dedicated Growth Advisory Board in today’s dynamic business environment. Intellect’s Growth Advisory Board plays a pivotal role in guiding the company’s strategic direction and enhancing its market presence. Comprising industry veterans and experts, the board works closely with Intellect’s leadership team to identify emerging market trends, explore new business opportunities, and develop strategies to enhance the company’s competitive position.

Arun Jain, Chairman and Managing Director, Intellect Design Arena Limited said, “We are delighted to welcome Rajesh Mehta to our Growth Advisory Board. Rajesh’s extensive experience and strategic acumen align perfectly with our growth objectives. As we continue to navigate a rapidly evolving commercial and corporate banking landscape, his insights will be instrumental in driving innovation at Intellect and shaping the future of eMACH.ai powered transaction banking technology.”

Mehta commented on his appointment, “Intellect’s excellent suite of solutions powered by eMACH.ai, exceptional innovation, and deep commitment to banking sets it apart in the industry. I am thrilled to work with this dynamic team of dedicated professionals comprising talented FinTech technologists and seasoned bankers. I look forward to collaborating with the board and the leadership team to chart a course for sustained growth.”