After the successful roll-out of the digital wealth management solution for ASEAN’s 5th largest bank in the markets of Thailand and Malaysia, Intellect Wealth is proud to announce the go-live of its marquee solution in Singapore.
Given the stringent regulatory market requirements of MAS (Monetary Authority of SIngapore), the successful implementation in Singapore makes the platform MAS compliant and ready to be implemented in other markets, with ease.
The successful 3 country (Thailand, Malaysia, Singapore) implementation puts a seal of attestation on the strong service delivery process at Intellect Wealth.
Singapore’s API-enabled, omnichannel solution is tightly coupled with Intellect Wealth’s Order Management System that enables 100 RMs to serve 3000 unique customers. The implementation is configured with regulatory controls to meet internal and external business validations, enables aggregation of data, both in real time and in batch mode, supports digital end-to-end journeys and has license and training-driven controls for plans and securities. Thailand’s implementation increased the bank’s customer base by 30%, fee income by 21% and empowered the RMs to deliver 20% higher productivity
Similarly, the Malaysia implementation serves more than a million customers across 229 branches and has enabled the wealth business to positively project a double-digit growth in its wealth customer base.