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In a concerted effort to bridge the educational divide in rural India, Ullas Trust, Intellect Design Arena, and Mission Samriddhi have brought the Ullas Library and Science Kit program to life in 23 schools (20 Zila Parishad and 3 Government Aided High schools) across 9 clusters of Mission Samriddhi in Wardha district of Maharashtra. The initiative seeks to uplift the standard of education in the region by enriching students’ learning experiences. Ullas Trust, a leading NGO focused on educational initiatives, supported the program in partnership with Intellect Design Arena, an enterprise-grade financial technology leader, and Mission Samriddhi, a social impact platform dedicated to the holistic development of rural India. By providing resources, the initiative aims to improve and develop children’s reading skills and students’ scientific temperament. Under this initiative, over 2000 students across 9 clusters will benefit from the Ullas Library and Science Learning Programme. The Wardha district, located in the Nagpur division of Maharashtra, is home to many government schools that are on a journey toward enhancing their infrastructure, including the addition of libraries. This initiative aims to enrich students’ learning environments, providing access to diverse knowledge and resources that will support their academic growth and overall development.
Intellect Design Arena proudly announces that its flagship eMACH.ai WealthForce platform has been awarded the title ‘Most Innovative WealthTech Solution’ at the Global Private Banker MEA Awards 2024. This prestigious recognition further cements IntellectAI’s leadership in wealth management in the Middle East markets. It highlights the platform’s capability to use the latest technology and AI stack to transform the wealth management enterprise and experience. This achievement reinforces eMACH.ai WealthForce as a trailblazer in wealth management, standing apart from the legacy technology platforms in the Middle East that still use outdated architectures, have lengthy implementation time and fail to unlock the full potential of the extensive data available to provide AI-driven outcomes. The MEA Awards, organised by Global Private Banker, aim to identify, honour, and celebrate the world’s pre-eminent private banks, family offices, and wealth managers in the Middle East and Africa (MEA) regions. The Global Private Banker MEA Awards are the most authoritative and transparently judged private wealth awards, celebrating the most innovative products and services, cutting-edge technological capabilities, scalable customisations, and the rapid integration of ESG considerations in the MEA region. WealthForce.ai brings together best-in-class event-driven, microservices-enabled, API-led, cloud-native, and headless technologies. This dynamic combination offers unparalleled enterprise-grade
Intellect Global Transaction Banking (iGTB), the transaction banking business unit from Intellect Design Arena Ltd is proud to announce its partnership with National Bank of Fujairah (NBF), an award-winning UAE-based full-service corporate bank, to enhance its digital capabilities. This deal marks the first Microsoft Azure-managed service for Intellect’s eMACH.ai Cloud for Wholesale Banking in the Middle East. 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 the eMACH.ai Digital Transaction Banking solution, NBF can offer their clients a suite of comprehensive solutions backed by: Innovative decision-making and enhanced digital capabilities: For improved information visibility and innovation, ensuring quick decision-making and a seamless user experience for corporate and SME clients. Cloud-powered excellence: iGTB, with Microsoft Azure, will provide a fully managed cloud service, freeing NBF to focus on business development and client service.
Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena Ltd, proudly announces 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. 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.
IntellectAI, the AI-focused business unit of Intellect Design Arena, announced the launch of its cutting-edge wealth platform, WealthForce.AI, for the Middle East market. Composed on eMACH.ai, this transformative platform is designed to empower Relationship Managers (RMs) by leveraging Artificial Intelligence (AI) and advanced data analytics to achieve hyper-personalisation and hyper-automation, ultimately delivering unparalleled customer experiences. WealthForce.AI is built on eMACH.ai standards—Event-driven, Microservices-enabled, API-led, Cloud-native, and Headless—making it a truly scalable and future-ready solution. By embedding AI at its core, the platform automates routine tasks and enhances decision-making, allowing RMs to deliver hyper-personalised, data-driven advice resonating with each customer’s unique financial goals. The solution also integrates Generative AI tools, which take RM-client conversations to the next level by providing intelligent, context-rich insights during advisory interactions. Intellect’s award-winning WealthForce.AI platform is designed to streamline wealth management by minimising manual touchpoints and offering a contextualised, omnichannel customer experience at every stage. With features like personalised recommendations, real-time portfolio alerts, financial dashboards, and comprehensive reports, the platform enables both RMs and end customers to make smarter, more informed decisions.
Intellect Design Arena Ltd., a leader in enterprise-grade financial technology, announces a global strategic partnership with HCLTech (BSE: 532281, NSE: HCLTECH), a leading global technology company. Intellect and HCLTech have joined forces to bring domain-rich, technology solutions to Financial Institutions globally. HCLTech’s global reach and expertise in financial services and engineering, combined with Intellect’s advanced eMACH.ai platform, aims to drive digital transformation for financial institutions. This partnership focuses on leveraging data and AI to help organisations remain competitive and capitalize on the next wave of transformation. This collaboration leverages Intellect’s eMACH.ai, designed using First Principles Thinking as the most comprehensive, composable, and intelligent open finance platform, alongside its Purple Fabric, the world’s first Enterprise-Grade Connected Intelligence AI platform, tailored for the banking and insurance sectors. Together, these two products aim to revolutionise the delivery of banking technology services by enhancing operational efficiency, driving digital transformation, and ensuring regulatory compliance for financial institutions globally.
Our month-long Intellect Fest came to an end, with Mumbai being the last stop. The much-awaited gala time of the year has set in with all the pomp and glimmer. The Mumbai fest was nothing less than a splendid evening, with Guneet Anand and Mohana Murali giving inaugural addresses to ignite a spark in each one of them present. In her inspiring address, Padmini Sharathkumar, our Chief Talent Officer, highlighted the eMACH.ai-driven culture. Parallel to this, we had a distinct speaker, presenter, and leader who enlightened the audience through various eMACH.ai sessions. Lokesh Kumar, Viral K. Rajesh Makhija, and Sheetal Sadekar led the Transforming Enterprise, Experience and Operations sessions, respectively. While the crowd was feeling motivated to attend the business session, we had an inspiring segment with stories from Mission Samriddhi, Ullas Trust, and Design Thinking videos that sparked new ideas amongst the attendees. Celebrating excellence, the Keystone and Global Excellence Awards recognised our associates for their outstanding contributions in driving innovation and execution. The evening was all about smiles and laughter, dance moves, and music. The vibrant DJ night, dance performances, fashion show, and associates walking in eMACH.ai colours brightened up the night. Next year, we will meet with yet another power-packed Intellect Fest. Until then, paint the town in Intellect colours.
Intellect Digital Technology for Commerce (iDTC), the business unit of Intellect Design Arena focusing on Procurement and Retail technologies, announces the launch of the world’s most comprehensive AI-driven in-store retail technology, eMACH.ai Retail 6DX, for the Middle East market. The platform is built with a flexible architecture, enabling swift and seamless integration with third-party applications. This adaptability elevates experiences across various retail formats, including hypermarkets, supermarkets, and fashion or lifestyle stores. eMACH.ai Retail 6DX is built with 23 Events, 13 Microservices, and 55 APIs on Cloud, delivering exceptional performance and maximising returns for retailers. This advanced platform enhances customer experiences with a seamless, intuitive shopping journey driven by over a decade of deep domain expertise, refined through successful partnerships with clients across global markets.
Intellect Design Arena Ltd, the World’s only Enterprise Grade Financial Technology Leader in Composable and Intelligent solutions for progressive Global Financial Institutions, announces the launch of eMACH.ai tailored specifically for the Sri Lankan financial landscape. With an impressive array of 329 microservices, 535 events and over 1757 APIs, this First Principles Thinking-based Platform enables financial institutions in the Island Nation to build future-ready solutions, providing them with a global competitive edge. The platform keeps a bank’s customer in focus, be it Retail, HNI, SME, or Corporate, and the events in their financial journey, besides taking care of events created by banking operations or generated by regulatory and compliance mandates. Sri Lanka is at a pivotal point in its digital transformation journey. The launch of eMACH.ai in Sri Lanka comes at a time when fintech innovation is rapidly reshaping the financial services landscape globally. Key trends such as the rise of digital payments, AI-driven banking solutions, Open Banking frameworks, and cloud-based infrastructure are redefining how financial institutions operate across the world. Sri Lanka, too, is witnessing this shift, with a growing focus on digital transformation to improve financial inclusion, streamline operations, and create customer-centric experiences.
IntellectAI, a business unit of Intellect Design Arena Ltd focusing on cutting edge Artificial Intelligence technologies, announces the launch of Purple Fabric, a pioneering platform that accelerates enterprise AI adoption for financial institutions (FIs). Leveraging the potential of the First Principles Thinking based Composable and Intelligent Open Finance Platform eMACH.ai, Purple Fabric represents the next step in the evolution of AI, advancing from basic automation to Enterprise Connected Intelligence, enabling FIs to achieve substantial business impact. The anticipation around AI promised to revolutionise industries, but many financial institutions struggled to achieve tangible results, often due to challenges with rule-based orchestration and rapid AI integration into existing processes. However, the true power of AI lies in enterprise-connected intelligence. Recognising this, Intellect leveraged its three decades of domain expertise to develop Purple Fabric—a decision-grade AI platform designed to overcome data fragmentation and silos. The platform emphasises Ethical AI, addressing data biases and ensuring traceability with a comprehensive audit trail.
