Intellect Global Central and Consumer Banking (iGCB), a sector of Intellect Design Arena Limited, has unveiled its latest innovation, iQuantum Treasury 23. This front-mid-back office treasury solution is tailored specifically for central banks worldwide. The state-of-the-art platform facilitates real-time risk and operational management of financial portfolios, enabling central banks to swiftly make data-driven decisions, especially […]
Intellect Design Arena Ltd, an Indian financial technology company serving top banking and insurance clients worldwide, has announced its first-quarter results for FY24. The company reported a 19% YoY growth in total revenue, standing at INR 644 Cr for Q1 FY24, as compared to INR 540 Cr in Q1 FY23. In terms of platform, license, […]
IntellectAI, an insurtech transformation partner owned by Intellect Design Arena, has announced its collaboration with Aspen Insurance Holdings Limited, a global specialty insurance and reinsurance carrier. The partnership involves the adoption of IntellectAI’s Magic Submission platform, an artificial intelligence (AI) and data-powered Intake and Routing solution, by Aspen Insurance. The primary goal is to reduce […]
Indian fintech company Intellect Design Arena has entered into a partnership with Singapore-based insurance middle office provider InsureMO to provide a fully integrated artificial intelligence (AI) enabled underwriting and policy admin technology suite. The underwriting solution is intended for commercial lines carriers and managing general agents (MGAs) planning to replace their existing policy admin system […]
Intellect Design Arena under its artificial intelligence (AI) products suite IntellectAI has launched iESG, an intelligent data sourcing solution. According to the Indian software company, iESG is designed for financial institutions looking to integrate ESG intelligence into their business processes to handle their environmental, social, and governance (ESG) risks. Powered by AI, the intelligent data […]
Resurs Bank, a Swedish banking group, is investing nearly SEK 500 million ($57.9 million) in its IT transformation, which includes a new, fully cloud-based banking platform to be delivered by Indian fintech company Intellect Design Arena. According to the Nordic banking company, the cloud-based banking platform will create the prerequisites to offer state-of-the-art services, interfaces, […]
Intellect Design Arena said that its insurtech business Intellect SEEC has been selected by UK-based St. James’s Place (SJP) Wealth Management as the strategic artificial intelligence (AI) transformation partner for its investment unit. St. James’s Place is one of the major wealth management organisations in the UK. It offers advice to clients based on their […]
Intellect Design Arena, an Indian fintech company, has launched a composable, cloud-native technology platform called iKredit360, which has been designed exclusively for European financial institutions. According to the company iKredit360 is a credit platform that can converge financial offerings like credit products, payments, cards, and banking services for creating integrated user journeys throughout the financial […]
Intellect Design Arena said that its transaction banking unit – Intellect Global Transaction Banking (iGTB) has been selected by Canadian Western Bank (CWB) to boost its payments service technology for business owners. According to the Indian fintech company, Intellect Global Transaction Banking will provide the Canadian bank with its cloud-based cash management system for corporate […]
