Intellect Design Arena Limited Strengths, Domain Expertise, and Key Differentiators
Intellect Design Arena stands out as the pioneering financial technology company globally, offering a comprehensive range of products that address the complete spectrum of banking and insurance requirements. The company operates through four distinct lines of business: Global Consumer Banking, iGTB (Global Transaction Banking), Risk, Treasury, and Markets, and Insurance. Leveraging over 25 years of profound domain expertise, Intellect has become a trusted brand for forward-thinking financial institutions seeking digital solutions and undertaking digital transformation initiatives.
Intellect Design Arena Limited Recent Developments
In February 2024, Intellect Design Arena introduced its 'First Principles' Technology suite, eMACH.ai, designed for technologically adept bankers in the Middle East and Africa. This suite of First Principles Technology places a bank's customer at the forefront, whether they belong to the Retail, HNI, SME, or Corporate segment, focusing on events in their financial journey, operations initiated by the bank, or regulatory and compliance-related events. Financial institutions strategically organize their offerings based on these events, ensuring both customer satisfaction and compliance with regulations. This organization is achieved through a well-defined set of independent services known as Microservices in the technology community.
Furthermore in February 2024, ntellectAI, the Insurtech and Wealthtech division of Intellect Design Arena unveiled the world's inaugural no-touch loss run extraction technology. This technology is powered by Gen AI and constructed on Intellect's eMACH.ai architecture. Leveraging the capabilities of Large Language Models, it achieves instantaneous data extraction from loss runs with an accuracy exceeding 95%, accommodating various document formats such as handwritten notes, Excel sheets, images, and PDFs.
In September 2023, Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena introduced iGTB Copilot, a suite of AI solutions tailored for Commercial & Corporate Banking. iGTB Copilot integrates Microsoft Azure OpenAI Service to reimagine customer experiences and enhance productivity for both commercial banks and their clients. By seamlessly combining the potential of extensive commercial banking data with cutting-edge AI technologies, including large language models (LLMs), machine learning, deep learning, predictive analytics, and virtual agents, iGTB Copilot maintains a steadfast commitment to data security and privacy within the enterprise domain.
In September 2021, Intellect Design Arena introduced Capital Cube 21, an integrated Treasury solution enhanced by future-proof technology. Capital Cube 21 is a comprehensive cross-asset Treasury solution that encompasses advanced features, including an integrated front-to-mid-back office treasury, Contextual Asset Liability Management, Portfolio Risk Analytics, and additional value-added components such as Libor transition and CBX-FX
In June 2021, Intellect Design Arena launched iKredit360, a revolutionary credit platform exclusively designed for European financial institutions. logo-ikreditWith, a composable and cloud-native platform, it can converge financial offerings such as credit products, cards, payments, and banking services to create integrated user journeys across the financial ecosystem. E-commerce players, financial institutions, and NBFIs in Europe can leverage this platform to curate credit experiences for their consumer and commercial segments.
Intellect Design Arena Limited Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Intellect Design Arena Limited applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Intellect Design Arena Limited and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Digital Transaction Banking, CBX, Trade/Supply Chain Finance, Wealth Cube, Capital Cube, Capital Alpha, CBX Retail, Xponent, Liquidity, Digital Core, customers.
Intellect Design Arena Limited Overview
Plot No. 3/G-3, SIPCOT IT Park Siruseri
Chennai, x, 600 130, India
91-44-6700 8000
https://www.intellectdesign.com/
Ownership: - NSE: INTELLECT
Number of Employees: 5699
Functional Markets: CRM, ERP Financial, ERP Services and Operations, TRM,
Key Verticals: Banking and Financial Services, Life Insurance, P&C Insurance, Specialty Insurance,
Intellect Design Arena Limited Key Enterprise and Cloud Applications
Digital Transaction Banking, CBX, Trade/Supply Chain Finance, Wealth Cube, Capital Cube, Capital Alpha, CBX Retail, Xponent, Liquidity, Digital Core,
Intellect Design Arena Limited Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
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| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Intellect Design Arena Limited Revenue Breakdown By Type, $M:
Intellect Design Arena Limited Enterprise Applications Revenues By Functional Markets, $M:
Intellect Design Arena Limited Enterprise Applications Revenues By Verticals, $M:
Intellect Design Arena Limited Revenues By Region, $M
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| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
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Intellect Design Arena Limited Direct vs Indirect sales
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Intellect Design Arena Limited Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Intellect Design Arena Limited Customers
No. of Intellect Design Arena Limited Customers: 270
No. of Intellect Design Arena Limited Enterprise Applications Customers: 270
No. of Intellect Design Arena Limited Cloud Customers: x
No. of Intellect Design Arena Limited Cloud Subscribers: x
Intellect Design Arena has a global footprint, catering to more than 270 clients across 91 countries. Among its distinguished clientele are prominent institutions such as Emirates NBD, QNB, First Abu Dhabi Bank, Bangkok Bank, Societe Generale (India), Hong Leong Bank, Westpac, Raiffeisen Bank, Fifth Third Bank, Techcom Bank, Barclays, Santander, CIBC, and many more.
Intellect Design Arena Limited Market Opportunities, M&A and Geo Expansions
In April 2023, Intellect Global Consumer Banking, the consumer banking division of Intellect Design Arena, unveiled eMACH.ai, recognized as the world's largest Open Finance Core Banking Platform on the Cloud, featuring a pre-integrated Marketplace tailored for the UK and European markets. Hosted on the AWS cloud, this platform enables financial institutions to craft distinctive products and provide contextual experiences for customers throughout their life journey. It stands as the most extensive platform in the industry, encompassing current accounts, savings accounts, deposits, lending, cards, payments, trade finance, treasury, and digital banking.
In March 2021, Intellect Design Arena introduced Magic Aadhaar, an artificial intelligence-powered solution designed for comprehensive Aadhaar processing. This innovative system is capable of identifying, extracting, validating, and masking Aadhaar details. Magic Aadhaar employs hyper-digitization to streamline end-to-end processes, utilizing Aadhaar-based processing methodologies.
In May 2020, Intellect Design Arena unveiled iTurmeric FinCloud, a platform prepared for the future, designed for the cloud, and built on an API-first, microservices architecture. Currently accessible on the IBM public cloud, renowned for its security and openness in the business sector. Furthermore, Intellect Design Arena Ltd is among the pioneering financial services Independent Software Vendors (ISVs) to integrate their offerings into the financial services-ready public cloud, ensuring the delivery of potent industry solutions to premier financial institutions worldwide. This approach prioritizes security, compliance readiness, and resiliency.
Intellect Design Arena Limited Risks and Challenges
A substantial part of the company's revenue is generated in foreign currencies, exposing it to the fluctuations in currency exchange rates. Additionally, the company contends with competition from both major multinational corporations and local companies within the regions where it conducts its operations.
Intellect Design Arena Limited Ecosystem, Partners, Resellers and SI
In January 2024, Intellect Global Transaction Banking (iGTB), the division specializing in transaction banking within Intellect Design Arena, revealed a significant agreement with Crédit Agricole CIB, the corporate and investment banking branch of Credit Agricole Group. Through iGTB's Corporate Treasury Exchange (CTX) solution, the bank empowers its corporate clients to enhance their money management. This suite of services, facilitated by iGTB's advanced eMACH.ai technology framework, will enable optimal financial optimization for the clients of Crédit Agricole CIB.
In August 2022, Intellect Global Consumer Banking (iGCB) forged a strategic partnership with VMware to expedite the global shift toward digitalization within the financial sector. iGCB's platforms are meticulously designed as comprehensive and contextually integrated digital banking solutions, catering to Central, Retail, and Corporate banks. These platforms operate on a cloud-native and microservices-based architecture, providing banks with the capability to transition from disjointed digital activities to a revamped, holistic modernization strategy. The collaboration, coupled with the establishment of a Cloud Center of Excellence (CCOE), represents a shared vision between iGCB and VMware. This vision aims to enhance accessibility and accelerate the adoption of cloud-based services, enabling banks to streamline their digital transformation initiatives efficiently.
In September 2021, Intellect Design Arena entered into a strategic collaboration with Resurs Bank, a retail finance entity in the Nordic region, holding market dominance in Sales Finance across Sweden, Norway, Denmark, and Finland. Resurs Bank is making substantial investments in a novel, entirely cloud-based banking platform, aiming to offer customers and partners cutting-edge services, interfaces, and products. For this initiative, Intellect deploys its microservices-driven, API-centric, and cloud-ready digital banking solution, Intellect Digital Core (IDC), alongside iKredit360—a composable, cloud-native technology platform meticulously crafted for European financial institutions.
Intellect Design Arena Limited Cloud Infrastructure Insights
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Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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