Intellect ranked #1 in 3 Categories of Financial Sector
Retail Banking, Transaction Banking and InsurTech by Global IBSI Sales League Table 2021
Intellect retains its position in IBSI Leadership Club with its #1 ranking in Retail Banking for the third consecutive year, #1 ranking in Transaction Banking for the second consecutive year and #1 in InsurTech in the inaugural edition.
London (UK), June 5, 2021: Intellect Design Arena Ltd, a cloud-native, future-ready, new-gen multi-product FinTech company for the world’s leading financial and insurance institutions, has achieved a remarkable triple win by the UK-based independent analyst, IBS Intelligence. Intellect has been ranked #1 in the world for the Retail Banking, Wholesale Banking – Transaction Banking and InsurTech categories in the IBS Annual Sales League Table 2021.
IBS Intelligence’s Annual Sales League Table is a widely-accepted industry benchmark for the performance of global banking technology solutions. The SLT has been running for over 20 years and recognised as a barometer for financial technology supplier sales performance across the banking industry. COVID-19 and its aftermath, has made this year’s SLT more significant. The IBSI SLT 2021 includes systems purchases made by over 1000+ banks across 180+ products from 60 suppliers across the Americas, Europe, Middle East, Africa, APAC and ASEAN. The number of deals evaluated this year was 2000+, reported across 150 countries globally.
“We are proud to be ranked #1 in Retail Banking for three consecutive years, Transaction Banking for two consecutive years and of leading the inaugural InsurTech category, and of being invited to join the leadership club in IBS SLT 2021. This is a remarkable validation for us, proving how our customers rely on our products and reaffirming their faith in Intellect’s Next-Gen Fintech architecture. Our rapid move towards an open finance architecture provides the ability for our customers to adopt a flexible, composable and contextual product design strategy. This technology upgrade path is winning in many markets. I would like to thank our customers and associates for their confidence in us and being part of our journey”
Arun Jain
Chairman & Managing Director, Intellect Design Arena Limited
Watch Video
“We applaud Intellect Design Arena’s remarkable hattrick in ranking #1 in three categories. This achievement highlights the company’s performance in what has been an especially challenging time, showcasing its resilience in this pandemic-hit year.”
Robin Amlôt
Managing Editor, IBS Intelligence
Watch Video