TRUST OFFICERS ASSOCIATION OF THE PHILIPPINES (TOAP) Annual Convention 2018
23-25 February, Philippines
Intellect was one of the Gold Sponsors at the TOAP Annual Convention held at The Shangri-La’s Boracay Resort and Spa, Boracay Island, Aklan on 23-25th February.
Last year the convention presented Digital Convergence as the new challenge for the Trust Industry and emphasized on how important it is for a business to develop a digital strategy to remain relevant and attuned to the times. This year, the association wanted to provide a road map for the Trust professionals to ponder on as the industry continues to tread on a very competitive market and a fast changing regulatory landscape.
Mr. Kedarnath Udiyavar, President & Business Head – OneMARKETS, was one of the speakers at the event who spoke about 'Taking UITF to masses with goal based planning'. He was also part of a Panel discussion titled "Technology Roadmap : Thriving in a Competitive Financial Landscape".
Intellect team was represented by Kedarnath Udiyavar, Anand Krishna Rai, Premkumar Kambadasan, Saravanan Soundararajan, apart from the Philippines team including Kelvin Loh, Chris Padilla and Isabel del Castillo.
Intellect launches IDC 17.1, Digital 360, Real time & Contextual Core Banking solution
30 October, 2017 | The St. Regis Hotel, Mumbai
iGCB announced the global launch of its complete end-to-end Digital Core Banking solution, IDC 17.1. Intellect Digital Core banking solution, IDC 17.1 is a classic product based on high end Design Thinking. The solution has been completely designed around "Customer in the Center" paradigm. What this translates to is Banks can now offer highly personalised products and experiences, through a seamless omnichannel. Products can be very easily customised or bundled, new products can be very quickly launched, along with relationship-pricing capability. The Product which has been specially crafted for Truly Digital banking carries unique differentiators including the deployment of BOTS, Artificial Intelligence & Machine Language.
The Product was unveiled at a glittering function at Mumbai on 30th October, well attended by CEOs, Business Heads, Technology heads and Operations Heads from Public sector Banks, Private Sector Banks, MNC Banks and Challenger Banks. Mr Ashok Vaswani, CEO, Barclays UK, presided over the evening function and delivered the Keynote address. Befitting the occasion, CNBC-TV18's Executive Editor, Ms. Latha Venkatesh anchored a CEO panel that had insightful discussions around the Future of Retail Banking in the Digital Age.
Speaking at the occasion, Mr. Ashok Vaswani, CEO, Barclays UK, said, "The digital revolution that we are in currently is an amazing event and transformation. The ability to take customer journeys and automate them, enabling a customer to self-serve becomes a very critical element. The real power of technology comes when new business models evolve, which is actually possible only because of digital technology. With digital, banks are trying to get a phenomenal customer experience and allow for speed."
Arun Jain, Chairman and Managing Director, Intellect Design Arena said, "The Bank's customers are so used to the experiences from an Amazon or YouTube platforms that it is quite natural to expect similar experiences on their banking platform. IDC 17.1 will enable Banks to present a unified Digital Face across products such as Core, Credit Cards, Lending and Wealth. It will also enable a delightful and seamless experience across devices such as laptop, iPad, mobile with thoughtful functionalities such as Save & Resume across devices".
Unveiling the product at the ceremony , Rajesh Saxena, CEO, Consumer Banking Business, Intellect Design Arena, said, “The Power of IDC 17.1 is our capability to drive best of both worlds, i.e. truly digital outside and inside. While IDC 17.1’s Digital Face helps present a unified face across businesses to the Customer, Digital 360 presents the same to the Banker. IDC 17.1 brings Banking BOTS into center stage, helping Banks design Lean Operations, both from Turn-around-Time (TAT) perspective as well as bringing down Operating costs significantly”.
CNBC-TV18’s Executive Editor Ms. Latha Venkatesh anchored a high powered CEO panel that energetically debated issues, opportunities and challenges around a hot topic, The Future of Banking in the Digital Age. The Panel comprised of Mr. Ashok Vaswani, CEO, Barclays UK, Mr. Saurabh Tripathi, Senior Partner and Director of The Boston Consulting Group, Mr V Vaidyanathan, Founder & Executive Chairman, Capital First and Swarup Choudhury,Transformational Leader, Senior Advisor and Angel Investor - Financial Services and Banking.
5th Annual GTB Advisory Event
14-15 October, 2017 | Toronto
The 5th Annual GTB Advisory Event was held at 2 stunning locations in Toronto this year. The Cocktail Reception followed by Dinner on Saturday, 14 October, at the Fairmont Royal York was a networking event with the heads of transaction banking, cash management, payments, channels and other elite members of the Global Transaction Banking industry. The keynote address was delivered by Dr Leila Fourie, Chief Executive Officer, APCA.
The business event on Sunday 15 October held at the Art Gallery of Ontario, saw a full house with over 35 senior transaction bankers, corporate treasurers and key thought leaders participating. Kristy Duncan, Founder & CEO, Women in Payments delivered the keynote address.
Stimulating business round table sessions were held on:
- Real time payments: a desirable, feasible but not-viable tax? – or can banks profit by delivering valuable new services?
- Customer digital experience: made irrelevant by APIs? – or an opportunity to add smart routing, analytics and artificial intelligence to the customer’s journeys?
- Corporate liquidity solutions: protecting a golden goose? – or creating new value for clients?
- Supply chain finance: a distraction being seduced by blockchain? – or a real way to make more money for banks?
The event culminated with a private, guided, expert tour of the Art Gallery of Ontario
iRTM hosts a thought leadership conclave on ‘Treasury for NBFCs’
19 September, 2017 | Hotel Sofitel, Mumbai
By end of 2016, NBFCs in India had started moving at twice the pace of banks in terms of credit off take. By 2014 they had already surpassed banks on year on year credit growth. A PWC reports estimates that by 2020, NBFCs would account for anywhere between 18.2% to 20.9% of the total credit off-take in the country.
iRTM believes beyond doubt that NBFCs will play a far greater role in the financial ecosystem of our country and this is corroborated by reports from leading analysts. Intellect’s expertise in the financial technology space and experience with leading financial institutions, gives a unique edge which would help NBFCs realise their true potential.
Treasury is at the heart of most financial institutions, and NBFCs are no exception.
On 19th September, iRTM impressed the NBFC community by hosting a thought leadership conclave at Hotel Sofitel, Mumbai, with emphasis on real-time treasury and risk management. The conclave focused on how Treasury can help the NBFC sector leap frog in their growth journey.
Preeti Mishra – Head, Marketing, iRTM, played the host for the evening. A panel discussion on ’Role of Treasury in NBFCs growth story’ was moderated by Rakesh Sinha – Executive Vice President & Head of Sales, India and SAARC nations, Intellect. The panelists were Aseem Parashar – Executive Director, PwC Tech Consulting, S.K Bansal – CGM Finance, NABARD, Amarnath – Head, Treasury, IIFL and Venkatesh Srinivasan – CEO, iRTM. Krishnan Sitaraman – Senior Director, Financial Sector Ratings and Structured Finance Ratings, CRISIL delivered the keynote address.
Key takeaways from the discussion:
- Distribution reach is not as high compared to banks. NBFCs customised products to the last mile. To handle distribution proliferation, Omni channel and partnerships are a key strategy.
- Also due to technology trends, NBFCs are looking at innovative products. Digitisation becomes important.
- Different kinds of assets and liabilities on balance sheet compared to earlier years; hence, Treasury management is surely key. Liquidity Risk is an important aspect to manage risk within a treasury. Asset Liability Management should be matched to the extent that regulator requires.
Despite heavy rains, the event saw attendees from L&T Finance, Prabhudas Lilladher, SBI Global Factors, Vedika Financial Services Ltd, Angel Finance and Avanse Financial Services, who had in-depth discussions with the Intellect India Sales team and expressed interest in knowing further about the solution.
The deliberations and discussions left no doubt that real time Treasury and Risk management is key to NBFCs and iRTM is keen to be part of the NBFC growth story; Intellect OneTREASURY is geared up to the challenge.
7th Annual Middle East Banking Innovation Summit 2017
18-19 September, 2017 | Dubai
Intellect was the Silver Sponsor at the 7th Annual Middle East Banking Innovation Summit 2017, GCC's largest Retail Banking Technology and Innovation event that took place on 18th & 19th September at Sofitel, Dubai. MEBIS is an event where close to 500 banking experts and industry leaders convene to network, collaborate and discuss the future of the banking industry with the sole purpose of emphasizing the impact of technology and innovation in the banking & finance industry.
The summit topics mainly revolved around digital disruption, blockchain revolution, customer experience, innovation in retail banking, adoption of automation & AI, cyber security, payments and risk mitigation. Intellect showcased Digital Face, Wealth management (FABX), LOS & Collect Mobility and Digital Core.
K. Srinivasan, President & Head, Emerging Markets, was the moderator for the panel discussion "Blockchain - The Next Step in Digital Transactions". The panelists included Brian Meenagh, Partner, Latham & Watkins LLP, Naimish Shah, Senior Vice President - Innovation & Emerging Technologies, Emirates NBD, Ramana Kumar, Head Payments, First Abu Dhabi Bank, Saif Mohammed ALKaabi, Head - Information Technology, Abu Dhabi Securities Exchange (ADX) on the dais sharing their insights and experience on developing a robust platform and regulatory framework to support blockchain, its impact on the financial services & banking industry and evaluating benefits of blockchain technology in the banking industry.
GTR Trade and Treasury Week
05-06 September, 2017 | Singapore
iGTB was the networking sponsor at Global Trade Review (GTR) Trade and Treasury Week, Singapore, on 5th & 6th September, Marina Bay Sands, Singapore. The event was attended by experts from commodity trading houses, global corporates, financiers and service providers.
Anand Pande - Head of Trade Finance & Supply Chain Finance, iGTB & Founder, The Growth Paradigm Partnership, was one of the panelists for the discussion on ‘The innovator’s view: Conducting fintech business in Asia’ along with Nandkishore Desai – Chief Executive Officer, Workflow Solutions, Philipp Kristian Diekhoner – Fortune 500 Innovation Leader & Author. Anand Pande debated that the key to unlocking global USD $480 billion of revenues on account of the global USD $1.6 trillion dollar SME funding gap, is for fintechs to get the 4Cs right – Capital access, Credit models, Compliance due diligence and low cost Client origination.
Joshua Cohen - Senior Consultant, Global Transaction Banking, iGTB took part on the discussion titled "A new age of corporate liquidity management". The discussion opened on innovation in Liquidity solutions that banks offer their corporates. The debate questioned whether banks were leading or trailing in the new digital world, a discussion ensued about how much money is being invested by the banks - especially in retail - and how jobs and roles are changing as banks, corporates and individuals seek relevance in this new world.
African Development Bank Annual Meet & Expo 2017
22-26 May, 2017 | Gujarat
Intellect was proud to be an exhibitor at the 52nd Annual Meeting of the African Development Bank (AfDB) held at Gandhinagar, Gujarat from 22 to 26 May 2017. This is the first time the Annual Meeting of AfDB is happening in India. The meeting was inaugurated by the Chief Minister of Gujarat, Shri Vijay Rupani on the 1st day followed by the Hon’ble Prime Minister of India, Shri Narendra Modi on Day 2. The theme of the event was "Transforming Agriculture for Wealth Creation in Africa."
In addition to the Annual Meeting of the Board of Governors, this event brought together about 3000 plus delegates and participants, and featuring a number of official, knowledge, and side events. This Annual Meeting provided a unique forum for representatives of government, business, civil society, think-tanks, academia and the media – from Africa and beyond – to debate key issues on Africa’s development, and to discuss the Bank’s performance in delivering on its mandate.
Government of India in partnership with CII had organized the conference to help building a roadmap of how can Indian industry contribute to ‘Industrialise Africa’ and move the continent up in the Global Value Chains (GVCs). FICCI in partnership with the Ministry of Finance, Government of India organized the Exposition “On Opportunities and Technologies for Collaboration” with an objective to showcase the strength of Indian companies in High 5s/ priority sectors identified by AfDB for Africa – Agriculture, Energy, ICT & Infrastructure, Innovation & Technology and Healthcare & Pharmaceuticals.
Intellect was present at Stall 35 & 36 by the team lead by K Srinivasan, President, APAC, IMEA & CIS Markets, showcasing Intellect Quantum Central Banking Solutions, the specialist Core Banking Solution for the unique requirements of central banks.
18-19 May, 2017 | Ho Chi Minh City
Intellect was the Gala Dinner sponsor at Banking Vietnam 2017 held between 18th and 19th of May. Co-organized by ITDB, Banking Strategy Institute and IDG Vietnam, the largest and most influential annual ICT banking conference and expo in Vietnam kick started started with a toast from Intellect Digital Face. The team addressed a gathering of 400+ delegates from 30+ banks, as a thought leadership player in the segment through its revolutionary product concept and ideas. The focus of the event was around how digital technology can accelerate financial inclusion in Vietnam.
As part of a panel discussion on ‘Developing Digital Banking services and Payment Innovation towards accelerating financial access’, Rajesh Kuppuswamy – Head, Digital Face discussed how Intellect Digital Face is enabling banks to be payment leaders, move branch from service to sales and create differentiation through powerful segmentation. He also discussed about virtual banks and tablet banking at large.
Thailand Wealth Management Forum 2017
18th May, 2017 | Bangkok, Thailand
The Thailand Wealth Management event organised by Hubbis brought together leaders from different firms and segments within the industry to discuss and debate on what can be done in the domestic industry to ensure organisations can make the most out of the opportunities in the Wealth industry.
This year, the speakers line up included senior management, product gatekeepers, business heads and other key practitioners – from the leading private banks, retail banks, IFAs, NBFCs, insurance companies, asset managers, and other relevant organisations.
Intellect was one of the Gold sponsors this year and Nagaraj Prasad, Country Head, Thailand was one of the key note speakers. In his presentation titled "What IF an Uber Wealth was born?", he shared his valuable insights on the current landscape of the wealth market and how digital is accelerating two major shifts in wealth management; Transition from Wealth Management to Returns Management& Transition from Wealth Manager to Trusted Advisor. This thought leadership presentation threw light on the tide of disruption & how being truly digital has the potential to transform you into the ' Uber' of Wealth Management.
10–12 March, 2017 | Philippines
iRTM conducted an exclusive event in partnership with ‘The Fund Managers Association of the Philippines’ called FMAP convention, which took place from 10th to 12th March at the The Lind Boracay in Aklan, Philippines. The convention was attended by over 80 representatives from various asset management & securities services firms, which have presence in Philippines. Kedarnath Udiyavar (Business Head - OneMARKETS), Subhasish Bhattacharyya (Product Head - OneMARKETS), Christopher Padilla (Sales Team – Philippines) and Antonio Almazar (Sales Team – Philippines) represented iRTM at the convention.
Kedar addressed the audience on ‘Digitisation: The Competitive Edge in Asset Management’ where he talked about the transformation of the global asset management & securities services markets due to emergence of innovative / customized products, disruptive digitization and increased competition. He shed light on the key differences between the Indian and Philippines Fund Management Industries, the tax regime and regulatory safeguards existing in the Indian Mutual Fund (MF) space and the way in which Intellect Fund Distribution digitally transformed the Indian MF industry. He concluded the speech by providing an overview of Intellect OneMARKETS, a comprehensive securities trading and asset servicing platform, to the audience.
An interesting talk on the topic of ‘Investing in the new Era’ was delivered by Arthur C Yap (Member of Congress Philippines & former Secretary of Agriculture). He mentioned that the agricultural sector contributes to about 12.5% of the entire GDP of Philippines. He stressed the need to create more collective investment schemes to fund the Philippines’ agricultural sector.
Key decision makers from reputed firms like Philamlife Asset Management, Papa Securities & Landbank visited Intellect’s stall at the convention and engaged in meaningful discussions with iRTM solution experts. The FMAP convention provided iRTM with an opportunity to network with and showcase Intellect OneMARKETS, to leading Fund Management professionals from Philippines. The speeches by industry experts at the FMAP convention, provided insights about the trends which are transforming investor behavior and the macroeconomic forces which are disrupting the investment landscape in Philippines.
Trust Officers Association of the Philippines (TOAP) Annual Convention 2017
03-05 March, 2017 | Davao, Philippines
The Annual Industry Convention and 6th TOAP Summit, the two annual events have been consolidated into one seamless & focused agenda to optimize the benefits to its members and partners of the industry. As a fitting follow-up to the 2016 theme of “Trust: Reinvented: Post.Like.Follow.Share.Tweet”, this year’s theme for the combined TOAP Convention and Summit Theme is “The Trust Industry: Moving towards Digital Convergence”. Both events are undertakings of the industry association to help further develop the Trust and Asset Management market as well as to provide a venue for practitioners to network.
The 2017 Annual Convention was held at the Pearl Farm Beach Resort, Davao from March 3, 2017 to March 5, 2017. This event gathered more than 120 delegates from the Trust industry and its primary regulator, the Bangko Sentral ng Pilipinas. The TOAP Summit brings together not just delegates from the Trust industry but other related industries such as: mutual fund companies, insurance companies, government agencies and regulators.
Intellect was one of the Gold Sponsors. Vinay Kumar, SVP - Intellect Wealth, was one of the speakers. He spoke about "Improving distribution platforms for UITFs". Intellect team was represented by Vinay Kumar, Anand Krishna Rai, Chris Padilla, Rosario Arago, and Isabel del Castillo.
Market Risk Management Summit 2016
20–21 December, 2016 | Mumbai
This year's Market Risk Management Summit brought together a multitude of industry professionals across sectors uniting both the corporate and supervisory side of market risk management. iRTM showcased its solutions at the summit which was held at Holiday Inn Mumbai on the 20th and 21st of December. Anand Agrawal (Vice President - iRTM Sales Specialist, SAARC), Prateek Tiwari (Vice President & Cluster Head), Preeti Mishra (Head – Marketing, iRTM), Sarikha Shetty (Business Solutions - iRTM) and Pratik Ganatra (Business Solutions – iRTM) represented iRTM at the Summit.
Professor Vaidyanathan Krishnamurthy from Indian School of Business (ISB) delivered an interesting address on the emerging trends in the market risk regulatory compliance space. In another session Satya Mahapatra from Barclays spoke on ‘How to build an effective stress testing framework', where he discussed about meeting regulatory expectations and using the right stress testing tools to accurately assess an organization's financial health in crisis situations.
Sayadur Rahman from EBL Securities, a member of the Bangladesh Merchant Bank Association, visited iRTM's booth and expressed interest in the capital markets solution. Other salient attendees who visited iRTM's booth were - Sanjay Purao from Securities and Exchange Board of India who discussed about the Basel III offering, Amit Shanker from Société Générale who discussed about the risk visualization offering, Hari Babu from Birla Sun Asset Life Management who discussed about the MF offering and Neelesh Singh from ANZ Group who witnessed the screens showing drill-down of interest rates into a central repository.
Interacting with experts and attending sessions at the summit provided iRTM representatives with interesting insights:
- Downward signal of interest rate movement and long term maturity match / mismatch are key areas which affect ALM in life insurance companies
- Adopting the right business models is key to survive FRTB regulations
Global Custody Forum 2016
28–30 November, 2016 | London
Global Custody Forum (GCF) is the only annual global custody conference that brings together leading players from the buy-side and sell-side. iRTM showcased its OneMARKETS solution, a comprehensive Securities Services Platform, at GCF 2016 held in London from 28th – 30th November. Mr Kedarnath Udiyavar (President & Business Head, OneMARKETS), Mr Subhasish Bhattacharyya (Product Head, OneMARKETS), Chetan Kamat (Head of European Sales & Business Development, iRTM) and Timothy Donnelly (Business Development Manager, iRTM) represented iRTM at the conference.
Kedar addressed the audience on ‘Digitisation: The Competitive Edge in Securities Services' where he highlighted some important trends in the securities services space like the increased demand for innovative products and the need for firms to adopt disruptive technologies to facilitate digitisation. He introduced Intellect OneMARKETS to the audience, as a single adaptable, scalable and interconnected platform that can empower firms to drive innovation in the securities services space. His speech was well received by the audience and there were enquiries about OneMARKETS' existing clientele.
Philip Stafford (Editor – FT Trading Room) delivered an interesting address, where he shared his insights related to the electronification of the OTC market. Orit Langer from Bank Hapoalim visited Intellect's stall in the conference and expressed interest in the corporate actions solution.
Manoj Shah & Chris Jones from Lloyds bank, Hari Chaitanya from Standard Bank, Spiros Baltsavias from Greek Central Depository, Sergey Aristov from Russian Central Depository and Scott Dickinson from BNP Paribas were also some of the key attendees who met iRTM experts and evaluated solutions under OneMARKETS.
The panel discussions at the conference provided some important takeaways – Corporate Actions and Reconciliations have emerged as thrust areas for process automation. GCF provided iRTM experts an opportunity to showcase thought leadership to over 150 representatives from the global securities services community.
Liquidity and Funding Risk 2016
20–21 September, 2016 | London
Fourth Annual Liquidity & Funding Risk 2016, a two day conference hosted by Risk.net, focussed on the topics of Liquidity Risk Management, Liquidity Risk Reporting and key issues impacting Treasury, Trading and Asset Liability Management. iRTM was a key sponsor at this conference, which took place on 20th and 21st of September 2016 in London. The conference featured top decision makers from financial institutions like European Central Bank, HSBC, RBS, Deutsche Bank, Bank Of Ireland Group, Credit Suisse, Standard Chartered Bank etc.
iRTM was represented at the event by Chetan Kamat (Head of European Sales and Business Development – iRTM), Timothy Donnelly (Business Development Manager - iRTM) and Indranil Dasgupta (Business Head – OneLRM). Indranil’s address on ‘Corporate Banking - Where Cash is No longer the King and Liquidity is the New Capital’, was very well received by the audience. He spoke on the challenges faced by the banks in the emerging RegTech space, the impact of Basel III guidelines on the Transaction Banking space, the need to build a better Capital Charges framework, the necessity to improve product & customer analytics and trends in the corporate banking space at the back of liquidity risk LCR and NSFR guidelines. He explained how liquidity is the new capital and how an efficient Risk based Analytics framework can help banks better ‘Manage and Monitor’ risks.
Gerry Cross (Director of Policy and Risk - Central Bank of Ireland) gave an interesting address on the framework for liquidity supervision in EU and how it helps financial institutions to adapt to various market situations and steer clear of financial turbulence situations. Many interesting insights also emerged from various panel discussions which took place at the conference:
- Funds Transfer Pricing (FTP), which is the best tool which treasuries can use to incentivize their front-line businesses, is often overtly complex and over-engineered.
- There is a market need for an intraday liquidity solution that can significantly enhance the quality of underlying data; and provide banks with the confidence they require to effectively meet BCBS 248 regulatory requirements.
Abhijeet Kulkarni (Liquidity Risk SME, Group Treasury – Standard Chartered Bank), Ian Shepard (Head of Liquidity Risk – Santander) and Koral Araskin (Institutional Cash, Liquidity Management - Deutsche Bank) were some of the prominent attendees who visited iRTM’s stall at the conference to discuss various business / technological challenges faced by them and review the showcased solutions. Networking at the event helped iRTM representatives to gauge the major areas of concern for banks, while developing adequate intraday liquidity risk frameworks like data collection, pillar 2 control, monitoring through limits, intraday liquidity stress testing, building contingency funding plans etc. In a nutshell, the conference acted as a good platform to showcase OneLRM’s capabilities to a diverse range of professionals from Investment Banks, Retail Banks, Financial Consultancies, Rating Agencies and Regulatory Bodies in the Euro region. iRTM’s participation at the conference was promoted on various social media platforms.
Investment Solutions Forum 2016
01 September, 2016 | Hong Kong
Intellect participated as the Gold Sponsor at the Investment Solutions Forum held on 1st September at Renaissance Harbour View Hotel, Hong Kong. The event was attended by 270+ senior individuals from the top international and local Private Banks, Retail Banks, Multi-Family Offices and IFAs, as well as relationship managers and investment advisers from the industry.
Chetan Pandya, Senior Vice President, Head of FT Grid Solutions, was one of the key speakers at the event. In his presentation titled “What IF an Uber Wealth was born?”, Chetan elaborated that Digital as an opportunity beckons everyone and is gaining steadfast momentum. However, understanding customer centricity requires deep engagement from Wealth Management firms to transform their Relationship Mangers to Trusted Advisors. He also participated in the panel discussion titled “Expanding the role of alternatives in portfolios".
Team Intellect was represented by Atul Mishra, Mukund Kongettira and Chetan Pandya.
8th Annual Banktech Asia Jakarta Series
23-24 August, 2016 | Jakarta
Intellect Global Consumer Banking participated as a Gold Sponsor at the 8th Annual BankTech Asia: Jakarta Series on the 23-24 Aug 2016. The event focused on booming of digital banking, improving service delivery by using innovative technologies, weighing on modern day customers trends, and also exploring opportunities in fast paced technology advancement. This exclusive conference was carefully designed to realise Indonesia’s banking demands in integrating technology in retail banking business.
The speaker sessions and panel discussions focused on the state of the Indonesian Banking sector and the road ahead. 'Digital' and 'Reaching the Unbanked' were the main themes that emerged from the sessions and panel discussions during the two day event.
Bijoy Narayan, Service Delivery Director APAC - Digital Core, was one of the key speakers at the event. In his presentation titled "The Rise of the Digital Challenger", Bijoy talked about how small and mid-sized banks can win market share from large banks by becoming Digital Challengers. Both the topic and content connected beautifully with the pain points of the audience. In fact, our speaker scored the highest speaker rating at the event (4.39 out of 5) for content and presentation.
Reid Warren, Sales Director led the show and was actively involved in reaching out to speakers and contacts from Bank Mandiri, Bank of Indonesia and Union Bank of Philippines. The stall was ably represented by Muna Fitria, Erwin Suhud and Susan Tan from Sales, Jaisimharajan from core banking and Vinod Nair from Marketing.
OneMARKETS Launch Event
27 July, 2016 | Trident Hotel, Mumbai
Intellect OneMARKETS was successfully launched at the OneMARKETS launch event, organized by iRTM, which took place at Hotel Trident in Mumbai on 27th July 2016. The event saw 47 representatives from reputed institutions in the financial services space including industry experts, decision makers, leading analyst and consulting firms and senior technologists from across a diverse set of institutions like banks, asset management companies, securities services firms, and fund managers, among others.
Rakesh Sinha – Head, SAARC Markets, Intellect, kickstarted the conference with his address, followed by Arun Jain – Chairman & Managing Director, Intellect, who spoke on the occasion emphasising on the importance of emerging markets, especially for products like Portfolio Management. He added that financial services companies should invest in multiple product lines to mitigate the risk of failure. His insightful address was followed by a panel discussion on the topic of ‘Emerging Trends in Securities Trading & Asset Services’, hosted by Subasish Bhattacharyya - Product Head, OneMARKETS. The panel comprised of V Ramesh (Managing Director and CEO – MFU India), Mrugank Paranjape (MD and CEO – MCX) and Asim Parashar (Executive Director – PwC), and pursued an explorative discussion out of which some interesting observations emerged:
- Technology penetration will improve but it cannot completely eliminate human touch
- Technology should be designed to revolutionize the existing financial services landscape, not disrupt it
- Many market participants have limited information about commodities trading and its benefits
- Big Data has not yet been utilized effectively in trading
- Technology Standardization is very essential to facilitate compliance within a complex regulatory environment
Kedarnath Udiyavar – President & Business Head, OneMARKETS, delivered a presentation on the capabilities of OneMARKETS to the attendees. He threw light on a variety of technology challenges faced by buy-side firms, like increasing variety of asset classes, geographic diversification of asset classes, emergence of more value-added services, and integration issues, among others. He highlighted the evolution of buy-side firms - from focusing on a few specific market segments and asset classes to focusing on providing services to an entire spectrum of institutional, retail and HNI customers. He went into detail on the solution capabilities of Intellect OneMARKETS, emphasizing on how it enables firms in the Securities Services and Asset Management space to overcome various technology, business and regulatory challenges.
The major highlight of the event was the customer speak section, which featured Kannan Subbiah from MF Utilities India Pvt. Ltd. and Nagesh Srivastava from ICICI Bank. Both of them spoke highly of the Fund Distribution and Custody implementations by iRTM in their respective institutions. Venkatesh Srinivasan – CEO, iRTM delivered the vote of thanks drawing the event to a close.
The OneMARKETS launch saw a 360-degree coverage across Linked-In, Twitter and Facebook, where an encouraging amount of engagement was recorded. The event provided a good opportunity to assess the needs of firms in the Asset Management & Securities Services space and showcase the capabilities of various solution offerings which come under the OneMARKETS umbrella to the audience. In a press conference held earlier during the day, Intellect received wide and positive coverage on this newest and most sophisticated product for securities services and assets management companies.
Malaysian Wealth Management Forum 2016
12 July, 2016 | Kuala Lumpur
Intellect (iGCB) was the Gold Sponsor at the Malaysian Wealth Management Forum 2016, held on 12th July at Kuala Lumpur, Malaysia.
Raj Ganesarajah, Country Head - Intellect Malaysia, participated as a key speaker and panelist. In his presentation, "What if an Uber Wealth was Born", he talked about possible disruptions in the Wealth Management space and the need to empower Wealth Managers for effective conversations with clients. Raj also participated in a panel discussion titled "Driving Malaysia’s Islamic wealth management industry forward" which opened to a packed audience.
The speaker sessions and panel discussions focused on the state of Malaysian wealth management market, the opportunities and challenges and what it would take to move ahead. The target audience included Private banks, Retail banks, Individual financial Advisors, Insurance companies and Local Asset Managers.
Raj Ganesarajah, Praful Attavar and Florence Chan represented Intellect at the event.
3rd West African Annual International Retail Banking Convention
30 June, 2016 | Nigeria
Intellect Global Consumer Banking (iGCB) was the Associate Sponsor at Asian Banker's 3rd West African Annual International Retail Banking Convention held on the 30 June at Eko Hotel, Victoria Island, Lagos, Nigeria. West Africa’s retail banking industry is growing at a rapid pace, with competition becoming more prevalent in the retail banking and SME space which was once largely under served.
The event brought together advisory panels from all over the world who shared their insights with the leading decision makers in the region. The highly interactive panel sessions was designed on topics like latest trends and developments in the Retail Banking industry, Core Banking - the big bang approach or a hybrid of old and new becoming Digital - Direct Banking through channels and innovative branch models, Disruptions and Industry Game Changers - How to stay ahead of the game. The eminent panelists were from prestigious banks and financial institutions.
Intellect team was represented by Vishal Singh, Abhishek Atreja, Dimple G & Naga Kaushik demonstrating the world's largest full-spectrum consumer banking products spanning Digital Core, Lending, Wealth & Digital Face.
TOAP Annual Convention 2016
27-28 June, 2016 | Makati City
Intellect Design Arena Philippines, Inc. participated as one of the Gold Sponsors in the Trust Officers of the Philippines (TOAP) Annual Summit held on 27-28 June, 2016, at the Grand Ballroom of New World Hotel, Makati. This year’s theme was “Trust: Reinvented Post.Like.Follow.Share.Tweet”
During this two day program, a slew of topics were discussed including the Philippine Trust Industry 2020 Plans and Expectations, the growing Philippine Wealth, Creating the Value Proposition for Multi Product, Multi Brand Enterprise, Roadmap to success, Size or Niche, Marketing in the Age of Social Media, Waze your way to Client relationship, Robo Advisory, Digital Roadmap and Innovation to Transformation. Our CEO Mr. Jaideep Billa, who was the speaker at the conference, spoke on Commoditising Investments, Economic and Market Update, Implementing a Digital Platform for Wealth Management, The Trust Risk Management Framework and The Cost of Compliance (or Non Compliance). Nestor A. Espenilla, Deputy Governor of Bangko Sentral ng Pilipinas, did the keynote speech.
The team was represented by Jaideep Billa, Nagaraj Prasadh, Karuna Bohini, Kelvin Loh, Chris Padilla, Michelle Cruz, Rommel Aceron and Isabel del Castillo.
Digital Wealth - Asia 2016
16 June, 2016 | Singapore
The 'Digital Wealth – Asia 2016' event hosted by Hubbis on 16th June at Hotel Westin, Singapore was a full house event attended by 350+ senior banking professionals, corporate, analysts and media from the Asia Pacific region. The conference focused on opportunities and technology priorities for Wealth & Asset Management firms in the region.
Intellect was a Gold Sponsor at the event and showcased Intellect Wealth Management Suite. Jaideep Billa, Chief Executive Officer & Chief Digital Officer, iGCB was one of the key speakers. In his presentation titled "What if an Uber Wealth was Born" he spoke about how 'Digital' has become a big enabler in reaching out to otherwise inaccessible markets. He also presented his view on how the future of wealth management could be transformative or disruptive depending on the level of preparedness of both wealth managers and Independent Financial Advisors.
Nagaraj Prasadh, Country Head, Thailand, led a panel discussion on “Technology - its role in the future of Wealth Management”. The discussion clearly brought out the need for wealth managers to invest in the right solutions for the future or be left out and allow the competition to win at your cost.
Some of the other speakers and panel participants were Stefan Arn, CIO and Head – UBS Wealth Management, Sandipan Ray, Chief Technology Officer APAC – Deutsche Bank Wealth Management, Neal Cross, Managing Director and Chief Innovation Officer – DBS Bank, Andrew Koh, Deputy Chief Manager – China Construction Bank, Evy Theunis, Head of Wealth – DBS, Eddy Tai, Global Head of Operations and Technology – Bank of Singapore, Dirk P Sibiet, Country Technology Officer, Singapore – ABN AMRO Bank and Urs Lichtenberger, Director – Credit Suisse.
CII BANKing Tech Summit
16 June, 2016 | Mumbai
The Confederation of Indian Industry (CII) hosted the tenth CII Banking Technology Summit this year at Taj Mahal Palace, Mumbai, on 16th June. This banking technology summit has been providing a common platform for bankers and technology providers to discuss trends and issues in technology that impact the banking industry. The summit is attended by leaders in banking and technology, domain experts, decision makers, consultants, regulators and BFSI service providers.
Since its eighth edition, Arun Jain – Chairman & Managing Director, Intellect, has been chairman of the summit. This year, Intellect participated as the Platinum Sponsor of the event which was themed on ‘FinTech: Redefining Banking for Customers’.
The third plenary session of the day-long event saw Arun chairing the session on ‘Synergies across risk and regulatory landscape’ where he shared his insights on key elements that introduce risk on one hand and how technology has enabled risk mitigation and governance on the other. Iterating how every new business model brings about new dimensions in risk, he cited some real examples that carry risk into the picture: peer-to-peer networks, unsupervised self-service models, mobile wallets and e-commerce where KYC is co-owned by the customer, payment gateways and cloud networks where infrastructure is co-owned, and complex data among others. He also touched upon technological developments that help in resisting risk, such as big data, artificial intelligence, machine learning for fraud detection, and integrated liquidity management among others.
One of the key features of the summit was the round table on the topic ‘Embracing FT disruption in banking’ where the role of financial technology and the breakthroughs it has enabled were discussed at length alongside the disruptions in the market today and the ways in which technology can possibly enable them.
Asian Banking Forum 2016
15-16 June, 2016 | Singapore
The Asian Banking Forum 2016 was held on 15th & 16th June at Singapore. The event brought together 90+ senior banking professionals from retail banks across South East Asia with diverse interests across digital channels, mobile banking and analytics.
Intellect Global Consumer Banking (iGCB) was proud to be the Gold Sponsor at this event and show cased its complete end to end Digital Lending suite and Digital Core solutions.
Vishal Pant, Client Success Director, Lending, APAC was one of the prominent speakers at the event. He presented ‘Levers Driving Lending in a Digital World'. He called the key levers of lending as P.R.O.S. (Personalization, Reach, Optimization of Risks and Security) and how they can be transformed with the help of digital solutions.
The event was graced by thought provoking speakers like Stephanie Myers, Vice President- Digital Channels, HSBC Singapore, Dr. Paing Thet Lwin, Head of Digital Banking CB Bank, Myanmar, Malik khan Kotadia, Senior Vice President- Global Digital Engagement - Citi Bank, Singapore, Zheng Yongsheng, Assistant General Manager, Bank of China in Singapore, Singapore and Natividad Alejo, Executive Vice President and Head, Retail Segments, Bank of the Philippine Islands, Philippines.
Intellect team was represented by Vivek Gautam, Vishal Pant, Bijoy Narayan, Indranil Chaudhary, Atul Mishra, Tarun Tolani and Kamini.
One of the key features of the summit was the round table on the topic ‘Embracing FT disruption in banking’ where the role of financial technology and the breakthroughs it has enabled were discussed at length alongside the disruptions in the market today and the ways in which technology can possibly enable them.
RISK EMEA 2016
24-25 May, 2016 | London
iRTM participated as an exhibit sponsor at Risk EMEA 2016 that took place in London, United Kingdom on 24 and 25 May, 2016. Risk EMEA 2016, sponsored by Center for Financial Professionals, is EMEA's premier Risk & Regulation Summit.
A session titled ‘The intersection between compliance risk management and blockchain' delivered by Sophia Bantanidis - EMEA Head of Regulatory & Market Strategy, Citi Bank provided an overview on how Block Chain Technology can be put to use to reduce friction, improve speed, improve transparency and improve security for various use cases in banking. There was an interesting panel discussion on Macro Economic Drivers which featured Graeme Wolvaardt - Europe Arab Bank and Brandon Davies - Obillex Limited, Former Barclays. They shared their views on various types of macroeconomic models and the complexities involved in developing them.
iRTM was represented at the event by Chetan Kamat - Head of European Sales and Business Development, iRTM and Timothy Donnelly - Business Development Manager, iRTM. Timothy Donnelly addressed on the topic ‘Building Liquidity Risk Solutions beyond Regulatory Reporting'. He shared his insights on Real-time HQLA Generation and introduced iRTM’s OneLRM solution offering to the audience. He provided an overview of the design principles which need to be followed while building liquidity risk frameworks and as to how Stressed HQLA and LCR Framework can be used to integrate liquidity risk into stress testing. He also emphasized on the need for a holistic approach to manage liquidity risk.
iRTM displayed an exhibit stall at the conference where OneLRM solution was showcased to visitors. Sahil Ghuman - Capital Markets Business Development, Genpact UK; Tim Emrys-Roberts - Head of Financial Risk, Atom Bank and Otto Huber - Global Head of Liquidity Risk, Credit Suisse were some of the prominent attendees who visited Intellect's stall and had meaningful discussions with iRTM representatives. Networking at the conference provided a lot of insights about EMEA-specific risk and regulatory landscape like how many Portuguese/ Greek/ Spanish banks still lag in NSFR/LCR compliance, difficulties faced by Malta-based banks in adhering to LCR guidelines and the importance of incorporating Internal Stress Metrics (ISM).
The summit brought together over 150 CROs, Heads of Departments and Senior Risk Professionals within FRTB, Risk & Regulation, Liquidity Risk and Capital Management domains. It featured decision makers, professionals and leading experts in the risk management space from top financial institutions all over the globe. In a nutshell, Risk EMEA 2016 provided a good platform to advertise iRTM’s OneLRM solution to a diverse line up of CROs from a wide range of leading financial institutions across the EMEA region.
Rural Bankers’ Association of the Philippines
23-24 May, 2016 | Cebu City, Philippines
Intellect Global Consumer Banking (iGCB) participated as a minor sponsor at the 63rd Annual National Convention and General Membership Meeting on the 23rd and 24th May, 2016 at Cebu City, Philippines. The symposium, held by the Rural Banks Association of Philippines, had the theme as “Rural Banks: Making a Difference in Financial Inclusion”. The focus was on industry’s commitment in taking the lead for providing effective access to a wide range of financial products and services. It also emphasised the role of rural banks in empowering their clients to contribute to a sustainable economic growth.
At the symposium, Intellect showcased the Intellect Digital Core whilst reiterating that ‘Digital’ is not just for large banks but also for rural banks. The symposium proved to be a good platform for Intellect to be presented to the Rural Bank community in Philippines, and provided a good opportunity to speak to the delegates on iGCB’s product offering in the digital space.
Various topics like State and Opportunities of Rural Banks in Financial Inclusion, Agricultural Guarantee Fund Pool Program, BSP Monitoring and Evaluation System, Financial Consumer Protection, Anti-money Laundering and Fraud Risk management were discussed during the 2-day-long programme.
The Intellect team was represented by Antonio Almazar, Rommel Aceron, Isabel del Castillo and Rojo Fernandez.
3rd Annual Banking Tech Levant
23-24 May, 2016 | Jordan
Intellect participated as a Network & Panel Sponsor at the 3rd Annual Banking Tech Levant Conference, which took place on 23rd and 24th May 2016 in Jordan. The event brought together leading information technology , security, risk and e-channels experts together, to discuss the future of banking in the region.
With the progress of digital channels, emergence of alternative payment methods and increase of customer demands, Levant Banking is quickly changing its face and shape to adapt to new realities, realizing that IT innovation is no longer a question but a necessity. The recent launch of the eFAWATEER.com portal indicates the intentions of the Central Bank of Jordan to digitize banking and simulate e-channel adoption among customers. As the e-commerce market continues to grow year-on-year, the need for fraud solutions and technology upgrade is adding more pressure on the banks. Banking transformation projects are popping up across the Levant region more frequently as governments are urged to keep up with the latest technology.
Intellect showcased its market proven iRTM products – Treasury, Risk, Liquidity and Digital channels that will drive next generation banking. Ratnadeep Mukherjee and Tamer Fouda from the IMEA sales team, along with Philip Bethell and Preeti Mishra of iRTM, collaborated for the successful show. Philip Bethell (Business Development & Consulting, Middle East – iRTM) delivered in his insights on the market during the panel discussion 'Outlining 2016 technology investment and budget forecast. He shared the podium with other seasoned bankers such as Basel Araj – Head of Risk (Arab Jordan Bank), Rami Maayah – CIO (NBAD Jordan) and Roba Naji - Head of EPMO (Cairo Amman Bank).
Banking Vietnam 2016
18-19 May, 2016 | Hanoi
Banking Vietnam, the largest and the most influential annual technology and banking conference in Vietnam was held in Hanoi on 18th and 19th May. The event brought together senior leadership bankers, technology professionals and financial experts across the Asia-Pacific region. This year, Intellect was the Conference Sponsor and showcased Intellect Digital Core and Intellect Digital Lending Suite at the event.
Bijoy Narayanan - Service Delivery Director, Digital Core, APAC was one of the prominent speakers at the event. Given the digital revolution sweeping the continent, Bijoy presented ‘Digital Bank in a Box - The Big Equaliser’ which was very well received. Following his impressive and insightful presentation, the iGCB stall turned galactic with big market players visiting and engaging in discussions. The event saw a mix of Digital offerings displayed for the APAC market, with many other banking technology players participating as exhibitors alongside Intellect.
With the recent wins in Vietnam, Intellect has positioned itself as a strong and reliable solution-driven partner with a deep understanding of the Vietnam banking market.
Hoang Minh Te - CIO, VBSP, visited the Intellect stall and appreciated iGCB’s offerings - Digital Core and Digital Lending. The Deputy Governor of State Bank of Vietnam (SBV) also paid a visit to the stall and thanked the team for their presentation and active participation. Intellect was represented by Paramdeep Singh, Jaisimharajan, Vishal Pant, Indranil Chaudhury, Thanhson Nguyen, Yen Nguyen and Kamini Ravindran
iRTM dazzles audience @ 3rd Annual Treasury Summit
17-19 May, 2016 | London, UK
The Annual Treasury Summit is a recurring annual conference organized by Allan Lloyds group, which provides treasurers and financial experts an opportunity to discuss, comment and evaluate various treasury functions and brainstorm ideas on the modern day treasury market. iRTM participated as the main sponsor at the 3rd Annual Treasury Summit - Financial and Capital Markets conference, which took place on 18th and 19th of May 2016 at London Marriott Hotel Kensington, located in London, UK. The conference featured decision makers, professionals and leading experts in the treasury management space from top financial institutions like Barclays, BNP Paribas Securities, Commerzbank AG, Credit Suisse, Duetsche Bank, ING Wholesale Banking, Rabobank, UniCredit and many more. iRTM had an exhibit stall at the conference where OneTREASURY and OneLRM solutions were showcased to visitors.
A session titled 'Liquidity Coverage Ratio: New Normal for Bank Resilience' delivered by Fitz Drummond (VP – Group Treasury, Deutsche Bank) focussed on the challenges faced by banks in the area of aggregation and summarization of risk data for LCR / NSFR calculations. Edouard Berthet (Head of Treasury, Forex & MM Operations – BNP Paribas Securities Services) shared his insights on the topic of 'Intraday Liquidity: Stress Scenario and Reporting'. He spoke about the typology for intraday time-specific payments and advanced models which sit between SWIFT and payment systems, with the aim of managing / coordinating settlement flows and their associated timings.
iRTM was represented at the event by Chetan Kamat (Head of European Sales and Business Development – iRTM) and Timothy Donnelly (Business Development Manager - iRTM). Chetan Kamat presented, on 'Analytics in Treasury Management'. He spoke about various regulations which are designed to monitor Liquidity risk and their impact on a bank's profitability and Funding strategies. He shared his insights on the challenges faced by banks while keeping track of liabilities and finding appropriate run-off treatments for these liabilities. In this context, he introduced OneLRM's Liability Modelling capability to the audience. Intellect also sponsored a panel discussion on the topic of 'Brexit and European Regulations' at the conference, which featured Amaya Mazaira from Banco Santander UK, Chris Allen from Barclays and Edouard Berthet from BNP Paribas Securities Services.
Rene Brunner (Head of Money Market Trading – ERSTE Group), Gert Sonck (Associate – Working Capital Solutions, ING Belgium) and Vladimir Ravinger (Director – POSTOVA BANKA) were two of the attendees who visited Intellect's stall, discussed with iRTM experts and expressed interest in iRTM's solutions. Treasurers at the conference who networked with iRTM experts, shared some of their major concerns with respect to the European Treasury landscape like having to deal with low/negative interest rates, market contractions, increased capital charges being imposed on banks due to Basel III regulations etc. In a nutshell, the conference provided iRTM with a unique opportunity to interact with leading decision makers in the European treasury space and understand their business and technological needs. iRTM's participation at the conference was promoted on all three social media platforms – Facebook, LinkedIn and Twitter.
Asian Wealth Management Forum 2016
12 May, 2016 | Singapore
Intellect participated as a gold sponsor at the 7th Annual Asian Wealth Management Forum 2016, which was held at Pan Pacific Hotel, Singapore on 12th May.
Jaideep Billa - President & CEO, iGCB addressed the gathering at the forum and shared his thought-provoking insights on how the traditional approach in the Wealth Management space is being threatened by dis-intermediated and micronized one, where Wealth Management will evolve to Returns Management and Relationship Management will progress to assisted advisory. He concluded on a note that players in the Wealth Management should strive to build and maintain customer’s trust as the prime agenda in this new era of digitalisation and gain a greater control over client’s portfolio and better clients’ insights, using the technology efficiently and intelligently.
This was followed by two panel discussions – ‘Where are the best investment opportunities for YOUR clients today?’ and ‘Digital smokescreen’ - that generated significant participant interest at the conference which featured top-level representatives from major banks such as Bank of Singapore, DBS Bank, Cazenove Capital Management, Aviva Investors, Schulze Global Investments, Baring Asset Management and among others.
The conference served as a good platform for iGCB to successfully deliver the Wealth Management positioning and product messaging across the board, network with potential clients in the APAC region and understand their business and technological needs. It also provided valuable insights on the various market trends in the regional Wealth Management space.
iGCB displayed an exhibit stall and showcased its Wealth Management offering at the event, which featured many reputed CEOs, senior representatives and leadership teams from leading international and local Private banks, Retail banks, IFAs and Wealth Management majors. The stall was visited by representatives from financial institutions such as Aetna Global Benefits, Citi, EFG Bank AG, Golden Equator Capital, MayBank, Numerix Singapore Pte Ltd, Phillip Securities Pte Ltd, Swaen Capital Pte Ltd., Swiss Asia Financial Services Pte Ltd, Westpac, CTBC Bank Co Ltd., Deutsche Bank, HSBC, Standard Chartered Private Bank, Goldman Sachs and others.
Led by Jaideep Billa, team Intellect was represented at the event by Atul, Tarun Nagaraj, Anand, Anshul and Florence. Overall, the depth and breadth of Intellect Wealth Management product capability was very well received among the delegates.
iRTM Wows crowd at Fund Forum Asia 2016
18-21 April, 2016 | Hong Kong
Since its launch in 2007, Fund Forum Asia has consistently been rated as the No.1 Learning and Networking event which caters to the Invest Management community in the APAC region comprising of various Asset Management firms, Fund Management firms, Wealth Management firms, Portfolio Management Services and Investment Advisory firms. This year iRTM participated as an exhibit sponsor at the Fund Forum Asia 2016 conference which took place at JW Marriott Hotel, in Hong Kong from 18th to 21st April 2016.
Top Executives from top financial institutions like Standard Chartered, BNP Paribas Securities Services, Investec Asset Management, Credit Suisse, RBC Investor & Treasury Services, JPMorgan Asset Management & Kotak Mahindra (UK) Ltd (Singapore Branch) along with representatives from leading consultancy firms like Ernst & Young (E&Y) actively participated in the conference and shared their valuable industry and business insights. A session titled 'Solving the Fintech Conundrum' by Keith Hale from Multifonds and another titled 'Robos, Robotics and Blockchain' by Jeroen Buwalda from Ernst & Young, were well received by the audience and provided many interesting industry insights. According to Jeroen Buwalda, APAC is poised to become the #1 Wealth Management market by 2018. He discussed in detail on the topics of 'The inexorable rise of Roboadvisors' and 'The disruptive technologies which are transforming the Wealth Management Industry', as a part of his presentation session.
Mono Ganguli (Executive Director – Commonwealth Bank), Terrence Annamunthodo (Managing Director – Perperuum Asset Management), Philippe El Asmar (Founding Partner – Amareos), Bojan Miljkovic (Managing Director – Gresham Investment Management Llc.), Elliot Shadforth (Partner – Financial Services), Arthur Hayes (CEO – Bitcoin Mercantile Exchange), Angela Yip (Head of Sales, HK – BNP Paribas Securities Services), Frank Wheeler (Global Head of Distribution – Matthews International Capital Management), Will Hamilton (CEO – Hamilton Wealth Management), Mario Rivero (Director – Flexfunds), Ayaz Ahmed (Director APAC – Funds Partnership), Ali Sheik (Head of NTHFS APAC – Northern Trust) and Marie Anne Kong (Partner – PwC) were some of the key attendees who visited Intellect's stall. They networked with iRTM solution experts and enquired into the capabilities of Intellect OneMARKETS solution from iRTM.
Intellect was represented at this event by Preeti Mishra (Vice President, Marketing – iRTM) and Subhasish Bhattacharyya (Senior Vice President & Business Head - Asset Services Products – iRTM) from iRTM and Atul Mishra (Country Head – Singapore and Hong Kong) from the Sales Team. The conference provided a unique opportunity to gain valuable insights about the APAC Asset Management space. Two important trends which were highlighted in various sessions were – The rising importance of transition management from the viewpoint of custodial institutions and the emergence of South East Asia as a fully integrated cross border market in near-future. In a nutshell, the conference provided a unique formula for combining tangible intellectual takeaways with fantastic networking opportunities, making it a very compelling and exciting experience for iRTM representatives.
Empowering Millennials of the Middle East
12 April, 2016 | Oberoi Hotel, Dubai
Did you know that the UAE ranks fifth in terms of active accounts on the top social networks globally? Did you know that in a region with a population of
9.58 million, over 75% are active mobile internet users? This shouldn't be surprising considering the fact that in a decade from now, millennials will constitute over 75% of the global workforce, according to Dr. Henrik Bresman of INSEAD Business School, Abu Dhabi.
But why are all these stats so important? It is important for organisations to understand that these millennials come with high expectations and individualised approach to work and if this demand is not met, they do have options to go else where. A tough call? Not necessarily if organisations are willing to think a little differently – a little more 'socially'.
On 12th April 2016 at a special event in Dubai at the Oberoi Hotel, Intellect showcased to regional enterprises how this can be done through UnMail. The unique two-and-a-half hour event compassed of multiple interactive sessions that took a deep look at social media at the workplace and whether they were disruptive or beneficial. These sessions included presentations by Mr. Shashi Mohan (EVP, Business Head – UnMail, CTO & CIO, Intellect Design Arena Ltd) and Mr. Mohamed Emad El-Din Hussien (Executive, IBM Collaboration Solutions, Software Group). The features and capabilities of UnMail, the 'functional' ESN, were demonstrated in detail to the audience. This was followed by networking and dinner.
The event was attended by mid and senior level personnel from a variety of regional and international organisations spanning a wide gamut of industries such as BFSI, FMCG, IT & ITES, Manufacturing, Healthcare, Real Estate & Infrastructure, Hospitality and Government departments.
Liquidity Management, ALM and FTP
28-29 March, 2016 | Dubai, UAE
iRTM participated as a silver sponsor at a premier GFMI liquidity event, the Liquidity Management, ALM and FTP conference, which took place in Dubai, UAE on 28thand 29thof March 2016. Intellect was represented at this event by Preeti Mishra (Vice President – Marketing, iRTM), Philip Bethell (Business Development & Consulting, Middle East – iRTM) and Indranil Dasgupta (Business Head – OneLRM, iRTM) from the iRTM team and Sairus Bapooji (Country Head – UAE, Qatar & Oman) & Reena Sheth (Business Development – UAE) from the Sales Team. iRTM representatives showcased One Treasury and One LRM solutions to a diverse range of Treasury and Risk Management professionals from the MENA region.
Representatives from banks like Al Hilal Bank, Al Ahli Bank of Kuwait, Emirates NBD, RakBank, Dubai Financial Services Authority, Saudi Arabian Monetary Agency (SAMA), Ajman Bank, National Bank of Fujirah, Qatar National Bank (QNB), Burgan Bank and National Bank of Abu Dhabi visited Intellect's stall to discuss about their business requirements and understand more about iRTM's offerings. Salient guests like Naif Alghaith (Director of Monetary Policy & Financial Stability – SAMA) and Juraj Beno (Head of Strategic Financial Planning – Burgan Bank) had detailed discussions with iRTM solution experts.
Philip Bethell delivered a speech on the topic of 'Liquidity Risk Management – When Cash is no longer a King'. He talked about Quantitative Risk Management (QRM) Frameworks and the various liquidity issues faced by banks in the Middle East region.He stressed on how these liquidity issues impact liquidity positions and the need for banks to build up buffers of High Quality Liquid Assets (HQLAs) to help themselves in their journey to achieve compliance with Basel III norms. He mentioned that Central Banks in this region were withdrawing cash from the system, due to various factors like reduction in oil prices and political conflict. Keeping this in mind, developing appropriate Basel III facility controls will enable banks to improve visibility at a granular level, boost returns and improve their strategic decision making capabilities.
While discussing about, what a QRM framework should comprise of, he contextually explained the capabilities of One LRM solution in the areas of ALM/FTP, Balance Sheet Management, 360-degree risk visualization, Funding Optimization, Risk Data Aggregation and Regulatory Reporting. He laid specific stress on how One LRM's Funding Brain module can be used by risk managers to manage non receipts gaps & liquidity troughs, make economical replacement decisions and formulate hedge strategies. Apart from this, Indranil Dasgupta represented Intellect in a panel discussion on the topic of 'Stress Testing & Best Practices'. Both the panel discussion and Philip Bethell's presentation were well received by the audience.
This conference provided insights about the regulatory ask and the macro-economic challenges faced by banks in the MENA region. It enabled Intellect to connect with a few banks and generate meaningful business discussions immediately. It acted as a good platform to brand One LRM in the GCC Middle East Markets. One of the major attractions of Intellect's stall at the conference, was that visitors had a chance to win an apple watch – Mr.Naif Alghaith was the lucky visitor who bagged the watch.
22-23 March, 2016 | Dubai, UAE
The Future Started Yesterday and we are already late!
John Legend’s famous saying “The future started yesterday and we are already late” made an insightful end to MEFTECH 2016, the largest and most prestigious event that convenes the entire Fintech community that took place at Abu Dhabi National Exhibition Center on 22nd and 23rd March. Intellect was the Silver Sponsor for the event and was represented by Phil Cantor – CMO, Digital Council Chair and Ashish Batheja – VP, Products. They presented on the theme ‘Experience Digital 360’, and spoke elaborately on "Banking by design: the art of the possible for the bank's digital face";showcasing Intellect’s flagship product Digital Face, the true omni-channel apps-based customer engagement platform.
A new-look conference with a mix of keynotes, case studies and live demos – all delivered live on the exhibition floor, the conference also had eminent speakers like Brett King – CEO, Moven, David Malligan – CEO, Matchi.Biz amongst others. The event was successful in bringing across new ideas, new inspiration and game-changing solutions. Brett King’s statement “Signature’s will die by 2020. So will paper” left a strong impression on social media.
Design Thinking + Social = The way forward for progressive organisations
18 March, 2016 | ITC Grand Chola, Chennai
Convergence, as the name of this signature event suggests, provides a unifying platform where multiple ideas are presented. The fourth UnMail Convergence event was hosted in Chennai on 18thMarch 2016 at ITC Grand Chola, Chennai.
The magic of this particular edition of the signature Convergence series was brought about by Mr. Arun Jain (Chairman & Managing Director, Intellect Design Arena Ltd) when he presented the keynote address at the event. Arun shared his perspectives on how 'Design Thinking in Action' positively impacts business. He explained how psychological barriers in communication and collaboration are created due to people's limited perceptions. He further elucidated how Design Thinking is a key differentiator in all walks of life today – be it business, education, or even life.
Mr. Shashi Mohan (EVP, Business Head – UnMail, CTO & CIO) provided a perspective into what Enterprise Social Networks can actually do. He explained the features of this unique functional ESN solution and, as the audience consisted of many esteemed academicians, elucidated the benefits that it brings to the various stakeholders of academic institutions - students, parents and teachers. Shashi explained that the concept of Social is an enabler to any industry and is not limited to the IT industry alone.
The guest speaker of the event was Mr. Rishab Sharma (IBM Collaboration Solutions, India - South Asia). He brought out before the audience the silent transformation that is happening across all organisations in the country and outside due to the influence of 'Social'. The workforce is increasingly being populated by Millennials and Digital Natives. Their expectations and ambitions are reflected in what they do and how they do it. It is time that organisations wake up from their traditional way and redefine boundaries of new ways to work.
After this stage was set, UnMail was engagingly demonstrated to the interested audience by Mr. Ashley Cerejo (AVP - Presales, UnMail). Ashley dove deep into the concept and the technology and helped the audience understand how this platform can deliver more than what it promises to their organisations.
The highlight of the event was the galaxy of senior management personnel from across major organisations in the city that cut across multiple industry verticals - healthcare, automobile, IT, finance, academia, heavy engineering, energy, KPO, and the media.
11thAnnual Liquidity Management
15-16 March, 2016 | Millennium Broadway Hotel, New York City, US
iRTM participated as a drinks sponsor at 11thAnnual Liquidity Management, which is a premier Marcus Evans conference which took place on 15thand 16thMarch 2016, at the Millennium Broadway Hotel in New York City, US. iRTM showcased its One LRM offering at this event, which was attended by top-level treasury and risk management executives, from the US geo. The discussions in this conference were centered around the following topics: Liquidity Optimization, Establishment of Proper Liquidity buffers and Plans to develop a more resilient and compliant Banking System.
Intellect was represented at this conference by Gita Seshadri (Vice President & Solution Architect – iRTM), Indranil Dasgupta (Senior Vice President & Business Head – Liquidity Risk Management, iRTM) and Craig Kravetz (Vice President, Sales and Marketing - iRTM). Esteemed guests like Rosanna Pezzo (Treasurer - Intesa SanPaolo), Christopher Jones (Asset Liability Manager - Silicon Valley Bank), Denise Sutton (SVP - New York Community Bank) and Olga Cooperman (CIO, Financial Resource Management - Deutsche Bank) visited Intellect's stall, interacted with iRTM experts and expressed interest in delving deeper into One LRM's capabilities in the areas of Intraday Liquidity Management, Asset Liability Management, Risk Visualization and Liquidity Stress Testing.
NSFR implementation guidelines, were a major topic of discussion amongst the event attendees. Everyone was interested to know, why the US Fed has still not issued NSFR guidance, inspite of having a 2018 implementation deadline. Indranil Dasgupta and Gita Seshadri presented on the topic of 'How to build Stressed LCR over Trading & Banking Books'. This presentation had a very succinct and crisp message and was very well recieved by the audience, who kept the session interactive by raising a lot of relevant questions. Indranil and Gita opened the discussion by highlighting the requirements of banks in the area of Stressed Liquidity Coverage Testing.
Both speakers shared their insights on Intellect's Balance Sheet based approach towards liquidity risk stress testing. They stated that integration of Behavioural modeling into Extreme Market Scenario Based Modeling feeding into Liquidity stress testing is increasingly being enquired by risk managers. They also mentioned as to how banks can better approach Funds Transfer Pricing using Intellect's balance sheet based approach.
The conference enabled iRTM representatives to understand the business requirements and pain areas of a good number of new propects from Tier 1 banks, various banks on 50bbaum threshold and local branches of foreign banks with a requirement to follow the US regulatory regime. It also served as a good platform to promote One LRM product in the US market after its recent launch in October 2015.
Middle East Securities Forum 2016
15-16 March, 2016 | Hilton Doha, Doha, Qatar
Intellect Risk and Treasury (iRTM) participated as an associate sponsor at the Middle East Securities Forum 2016, which was held at Hilton Doha Hotel, in Doha, Qatar on 15th& 16thMarch 2016. iRTM's Fund Custody offering was showcased at this event, which featured many reputed regulators, brokers, custodians, investment managers, and sovereign wealth fund managers from the Middle-East region. iRTM had an exhibit stall at the conference, which was visited by representatives from financial institutions like HSBC Qatar, Riyad Capital, Qatar National Bank (QNB) , Qatar Stock Exchange, Bnp Paribas and Societe Generale Securities Services.
Esteemed guests like Faycal Belyazid (Senior Middle East & Asia Sales Executive - NASDAQ OMX), Caroline Kurdy (Senior Account Manager - National Bank of Abu Dhabi), Matthew Yoxall (Regional Head of Sales and Business Development - HSBC Bank Middle East Ltd.), Tariq Daggouz (Senior Manager Custody & Funds Admin - QNB) and Kaml Wahidi (AGM - QNB), visited the iRTM stall and witnessed the capabilities of iRTM's Fund Custody Solution. Two panel discussions, which generated significant participant interest at the conference were - 'Market Infrastructure And Latest Clearing & Settlement Initiatives – What’s New?' and 'Account Structures And Asset Protection – What Does The Client Need And When Will The Market Move To The Next Level?', which featured top-level representatives from banks like Citi, Standard Chartered, National Bank of Abu Dhabi, HSBC, BNP Paribas Securities Services and State Street.
One of the major highlights of the event was that Mohammad Aburoub, who is the Head-Securities Services at Bank of Jordan and well known in the industry, an esteemed client of iRTM, presented on iRTM's behalf on the topic 'Digitizing Custody Business - Improving Custodial Efficiency by End-To-End connectivity and STP'. He started his speech highlighting some important trends in the post-trade services space, which have transformed the Asset Servicing industry - Initially, the scope of the Custody function was restricted to non-strategic, low-margin traditional safekeeping activities, but over a period of time it evolved to incorporate more value added services like Fund Accounting, Collateral Management, Securities Lending etc.
Mr. Aburoub spoke about, how the traditional models in the Custody space are being threatened by the entry of smaller, niche players and stressed as to why Custodial institutions should look to standardize data models, change operating models and facilitate low cost services to remain competitive in the marketplace. He specifically emphasized on how iRTM's Fund Custody Solution, enabled Bank of Jordan to digitize its Custodial Services business and achieve a Global Custodian award in the category of 'Best Use of Technology', in the Middle East region, for the year 2015. He concluded by stating that players in the Asset Servicing industry can overcome the obstacles in their path, by using technology efficiently and intelligently.
Intellect was represented at this conference by Preeti Mishra (Vice President - Marketing, iRTM), Subhasish Bhattacharyya (Senior Vice President & Business Head - Asset Services Products, iRTM) and Kalpak Mhatre (Senior Vice President & Delivery Head - Asset Services Products, iRTM) from the iRTM team and Manish Kathuria (AVP & Country Head - Qatar) from the Sales Team. The conference served as a wonderful platform for iRTM representatives to network with potential clients in the Middle East geo and understand their business and technological needs. It also provided good insights about various market trends in the regional Asset Management space.
GAMA International’s LAMP 2016 Annual Conference
13-16 March, 2016 | Las Vegas
The LAMP Conference, GAMA's annual Leadership and Management Programme, is the financial services industry's premier annual meeting for field leaders in insurance and financial services. The conference covered the areas of marketing, culture, diversity, insurance, investment and financial services organizations around the globe with Intellect SEEC being the Titanium-level resource partner of the event that was held at Caesar’s Palace in Las Vegas from 13-16 March, 2016.
At LAMP, iSEEC seized the opportunity and grabbed the premium spot by exclusively previewing the brand new app – Intellect Lead Closer. Intellect Lead Closer, the latest D2C app, is the first and only insurance-specific CRM in the industry. It ensures that advisors increase customer conversions by improving the quality of their leads. The app helps the user setup a sales plan to efficiently close leads while they stay on top of their day-to-day activities.
12thAnnual Private Banking Asia 2016
02-03 March, 2016 | Singapore
Intellect Global Consumer Banking was the Associate Sponsors at the 12thAnnual Private Banking Asia 2016, held on the 2nd & 3rd March 2016 at Singapore.
Private Banking Asia is targeted at family offices, HNWIs and private banks. The event aims to cover important perennial topics as well as drawing on new and emerging drivers and influencing factors shaping the dynamics of Asian private wealth. Some of the key speakers this year were Eng Huat Kong, CEO, EFG Bank Singapore; Rebekah Chuan, Head of Discretionary Portfolio Management DBS Private Bank; Urs Lichtenberger, Credit Suisse, Credit Suisse Private Bank amongst many others.
Intellect Wealth and Intellect FABX (Financial Advisors Business Exchange) were showcased during the two day event where delegates got a chance to speak to our product experts and had an opportunity to see a demo of our product as well. We were able to raise the level of awareness of Intellect within the banking community at the event.
TOAP Annual Convention 2016
26-28 February, 2016 | Philippines
The Annual Industry Convention and 5thTOAP Summit, these two annual events have been consolidated into one seamless & focused agenda to optimize the benefits to its members and friends of the industry. The combined TOAP Convention and Summit theme was “TRUST: REINVENTED Post*Like*Follow*Share*Tweet*”. The two events tackled the industry disruptions from the perspective of digital, regulatory, competition, compliance, business, risk management and systems.
Both events are undertakings of the industry association to help further develop the Trust and asset management market as well as to provide a venue for practitioners to network. The event held at Sheridan Beach Resort & Spa at Sabang Beach, Puerto Princesa City, Palawan gathered a total of 160 delegates from the Trust Industry and its primary regulator, the Bangko Sentral ng Pilipinas.
The TOAP summit brings together delegates from the Trust Industry as well as other industries such as: mutual funds and life insurance companies, government agencies and regulators. Intellect team was represented by Mukund Kongettira, Chris Padilla, Rommel Aceron, Isabel del Castillo and Michelle Angelique Cruz of Sales.
GTB Middle East Advisory Event
24 February, 2016 | Dubai
The Middle East Global Transaction Banking Advisory event hosted by iGTB held on 24TH February at Hotel Park Hyatt, Dubai was a resounding success bringing together an elite group of 35 senior banking professionals, corporates, analysts and media to confer key trends shaping the transaction banking industry. The topical theme of the conference “The increasing importance of Transaction Banking in a changing and more demanding world” witnessed invigorating discussions and participants were asked to take part in “instant surveys” using voting machines.
Key findings from the surveys were:
- Last year, 62% of attendees felt confident that ME banks would increase their transaction banking market share by over 25% – now 69% believe it will increase by under 25% or not at all
- 61% of bankers believe the take-up of smart devices for corporate banking in the region will mirror that of retail banking – up from 35% in 2015
- Almost two thirds see customers’ bargaining power as the key driver of industry competition – even more than in 2015
- Opinions on the impact of Brexit on the region are almost evenly mixed, with 29% positive, 38% expecting negative consequences and 33% assuming no change.
Guest speakers - Gabriel Osho, CFO, National Paints shared his views from a corporation's perspective, Tim Fox, Head of Research & Chief Economist, Global Markets & Treasury, Emirates NBD delivered the Keynote Address - Insights on the current market situation and Hani Al Maskati, Editorial Director & Publisher, Cash & Trade Magazine, Managing Partner, Cash Management Matters, hosted the plenary session on Instant survey results, analysis and insights.
Anand Pande, Product Council Head, Supply Chain and Trade Finance, iGTB led a session on How to get value from the entire supply chain ecosystem and Andrew England, Director and Head of Strategy, iGTB, led a session on Extracting higher performance from Transaction Banking.
Phil Cantor, CMO, Digital Council Chair, iGTB conducted the Innovation Lab wherein banks shared their experiences of success and innovation with iGTB. This was a wonderful session with NBAD, Arab Bank and other banks standing up in front of customers and prospects and saying how they are creating value in partnership with ourselves.
Output from the round table sessions on Digital, Supply chain & trade, Liquidity, Payments and Cash management provided insights into the challenges, innovations and industry best practices in the Middle East region. Manish Maakan, CEO, iGTB delivered the closing remarks.
At the event, the Oxford iGTB School of Transaction Banking was announced. This will take place in Oxford (Rhodes House and the Ashmolean) and in London (the Oxford and Cambridge Private Members Club) from 13-15 July, 2016.
Intellect Thought Leadership Series
18 February, 2016 | Shangri La Hotel, Manila
Intellect’s Global Transaction banking division conducted a thought leadership event on 'Extracting Higher Performance from Transaction Banking' in Manila at Hotel Shangri La, Makati on 18 February. The theme of the event was 'What is the next thing in Global Transaction Banking? How should banks gear up to meet this challenge?'
The event saw participation of over 30 senior transaction bankers from Philippines. Mr. Kelvin Loh (Country Head - Philippines, Intellect Design Arena Ltd) delivered the welcome address. Mr. Andrew England (Director & Head Strategy, iGTB, Intellect Design Arena Ltd) shared his insights on the trends and challenges that this industry faces. Andrew, a former senior advisor for Transaction Banking at the McKinsey Group, has been instrumental in successfully transforming the global transaction banking business for many global banks. His presentation on 'Extracting Higher Performance from Transaction Banking' focused on five areas - liquidity & balance sheet management, portfolio analysis, delivery excellence, design as a differentiator and competency - provided deep insight on this ever shrinking profit margins scenario.
The presentation was followed by a brain storming session by Mr. Anand Pande (Head - Product Council for Trade & Supply Chain, iGTB, Intellect Design Arena Ltd) to discuss the current trends and challenges in global transaction banking. Bankers who attended the event shared their inputs, concerns and future aspirations.
The event concluded with a thank you note from Mr. Reid Warren, Head APAC, followed by cocktails and dinner.
28 January, 2016 | Ritz Carlton, Bengaluru
On 28thJanuary, UnMail hosted a Convergence event at the Ritz Carlton in Bangalore. Just as its immediate predecessor in Mumbai, this event too was attended by senior management personnel from IT and HR, across organisations from various industries - IT, Engineering, Aeronautics, Electronics, and Banking & Finance. Due to the impactful and well accepted address at Mumbai, Mr. Bharath Kalyanram (CEO, Turquoise Lake Advisory) was again invited to deliver the keynote address at Bengaluru on the topic 'Social Media in the workplace - Disruption or Congruence?'. Mr. Shashi Mohan (EVP, Business Head UnMail, CTO & CIO) unraveled the UnMail case study to the captive audience and shared the unique business benefits derived.
Following the engaging presentations discussion, the features of UnMail was demonstrated to the captive audience. The event closed with cocktails and dinner.
20 January, 2016 | ITC Grand Central, Mumbai
Enterprises, large and small, are increasingly taking note of the influence of 'Social' on the lives of their workforce. This also impacts the outlook and expectations of employees who want to do more and be recognised for their efforts. Thus, it is imperative for today's enterprises to leverage 'social technologies' in harnessing the complete potential of its employees and making them true assets.
This was the key message that was shared with the over 40 participants that included CXOs, senior management and functional heads of organisations from across industries, such as as banking & finance, IT, Petroleum, Engineering & infrastructure and FMCG, during the second UnMail Convergence on 20thJanuary 2016 at ITC Grand Central, Mumbai.
The event was split into three interactive sessions followed by networking cocktails and dinner. The key note speaker was Mr. Bharath Kalyanram (CEO, Turquoise Lake Advisory) who spoke on the topic 'Social Media in the workplace - Disruption or Congruence?'. During his engaging session, he explained to the audience the perceptible change in society and the impact of 'Social' - especially in today's 'millennial' and 'Digital native' employees who constitute over 60% of the workforce. Mr. Kalyanram also shared the impact of 'Social' from an organisation's perspective. He said that knowledge and technology is all pervasive and that by leveraging 'social' concepts, organisations' cumulative knowledge can be better harnessed. On the other hand, the permeance of social media has diluted the borders of an enterprise, creating alternative enterprises or 'exterprise'.
This was followed by a presentation by Mr. Shashi Mohan (EVP, Business Head UnMail, CTO & CIO) who unravelled UnMail to the captive audience. He walked through its various features and capabilities. What enthused the participants was the real benefits that the users of this social solution have accrued. Not just qualitative advantages, but quantitative outcomes. He elucidated to the audience the real benefits, such as enhanced team performance, reduction in effort, lower on-boarding time of new joinees, peer recognition, greater collaboration and so on, that a robust Enterprise Social Network solution brings to an organisation.
Ashley Cerejo (Asst. Vice President - Presales) provided a peek into UnMail by demonstrating it and thus helped further elucidating how this unique ESN product is indeed an enterprise force multiplier. The sessions ended with deep questions on the concept and the product.
The event was well received by the participants. The CTO & VP of a large research organisation, who is in charge of local business services in India and the Middle East stated, "ESN is indeed a force multiplier as was amply demonstrated during this interesting event. Social as a concept has not been understood by many, including me. This event was an eye opener." He was not alone in his accolades. The chief manager of HR of a leading Indian private bank also reflected him, "On-boarding is a time and resource consuming exercise, but one that is of vital importance to any organisation. It is instrumental in portraying the organisation in the right light to new entrants. Attrition, on the other hand is a real problem that can affect the business. It is very interesting to note through the case study that ESN solutions, such as UnMail, can actually help in overcoming these issues."
While the event provided an opportunity for the multifarious audience to understand UnMail, it also enabled Intellect and the UnMail team to gauge the requirements of the various industries and thus fine tune the product to meet their unique needs.
Vietnam Retail Banking Forum 2015
17-18 November, 2015 | Ho Chi Minh City
Intellect Global Consumer Banking (iGCB) participated as the Gala Dinner Sponsor at the Vietnam Outstanding Banking Awards 2015 during the Vietnam Retail Banking Forum 2015 co-organised by Vietnam Bank Association and IDG Vietnam on 17thand 18thNovember, 2015 at Ho Chi Minh City, Vietnam.
To support retail banks in Vietnam to take new steps toward engaging technologies, Vietnam Retail Banking 2015 featured the theme 'Next-Generation Retail Banking: Customer-centric and Tech-Savvy'. The theme for iGCB was True Omnichannel and Intellect Digital Core.
The forum witnessed professional bankers and technology corporations across regions and the world to identify growth opportunities in the retail banking space. Reid Warren – EVP, Sales, Asia-Pacific, one of the keynote speakers at the CIO Alumni Workshop during the forum spoke on the Digital 360 experience for banks. Other keynote speakers were top executives from the region. Apart from the conference, the exposition area also showcased newest technologies and products within the retail banking industry.
Intellect hosted a marketing stall where Digital Core banking was showcased. Visitors at the stall included key executives amongst others from regional banks and around the globe. The delegates spent considerable amount of time to understand Intellect's digital initiatives and transformation story and expressed their interests.
10thAnnual SME Banking 2015
05-06 November, 2015 | Vienna
Intellect Global Consumer Banking (iGCB) participated in the 10thAnnual SME Banking Forum at Vienna, Austria, on the 5thand 6thNovember, 2015. The forum focused on exploring the current state of the SME banking landscape, opportunities of big data and analytics and explored to create a sustainable and profitable SME proposition.
iGCB showcased its award-winning Intellect Lending at the forum. Team iGCB was represented by Jean-Pierre Arens and Ravi Swaminathan.
The event turned out to be a great platform for iGCB to showcase their capabilities in the Lending product segment.
Global Transaction Banking India Convergence 2015
27 October, 2015 | Mumbai
The Global Transaction Banking India Convergence hosted by Intellect was held in Mumbai at Hotel Trident, BKC on 27thOctober. This event was specially designed for all senior transaction bankers to meet, network and set directions for the transaction banking industry and banking space. The event had representations from all the leading banks in India.
K Srinivasan - Head, IMEA Region addressed the gathering with a warm welcome note. Andrew England - Director & Head Strategy - iGTB, was the keynote speaker of the event and a strong proponent of transaction banking, highlighted the critical areas of focus and trends in transaction banking. He addressed questions from bankers on customer centricity, digital and payments.
'Changing Payments Landscape in India' was the compelling panel discussion for the evening. Vijay Chugh - Senior Payments Advisor, World Bank group was the Moderator for the panel discussion. The panelists were eminent transaction bankers, Amareesh Gulati - Head Transaction Banking & Payments, Ratnakar Bank; Ramesh Ganeshan - EVP & Head Transaction Banking, IndusInd Bank and Abhijit Kamalapurkar - Head Transaction, Commercial & Wholesale Banking, IDFC. Pitchai M - Head, Transaction Banking, IMEA represented Intellect at the panel. The panel discussion was quite evocative with real-life examples in the payments space and constantly evolving payments services in India.
The Future of Banking & Financial Services
21 October, 2015 | Jakarta
Intellect Global Consumer Banking (iGCB) participated as stall sponsors at 'The Future of Banking & Financial Services' held in Jakarta, Indonesia on 21st October.
In its third year, FST Media's 3rd Annual Technology and Innovation – the Future of Banking & Financial Services witnessed some of the industry's elite executives to drive dynamic conversations around the global and industry changes affecting the way banks are using technology and innovating processes to achieve the next era of business focusing on customer-centricity and reaching the unbanked and under-banked.
During the event, iGCB focused on the 'Digital 360' theme and showcased the award-winning Intellect Digital Core and Intellect Lending solutions. Some of the key speakers at the event were Phil Gray – Director of 'The Garage', Westpac, Australia; Rico Frans – Senior Executive Vice President of Transaction Banking, Bank Mandiri; and Donny Prasetya – Executive Vice President, Head of e-Channel & Digital Business, Commonwealth Bank Indonesia.
2nd Annual Liquidity and Funding Risk Management
05-07 October, 2015 | Millennium Hotel, New York
Intellect launched its One LRM solution at the 2nd Annual Liquidity and Funding Conference, which was held at Millennium Hotel, New York. One of the major focus areas of the conference was Intraday Liquidity Management.
One LRM was launched at this conference and One LRM brochure was a big hit with the attendees. An important insight gained from the conference was that, banks in the modern day regulatory landscape are heavily inundated with Stress testing, back testing and reverse testing in order to meet the regulatory deadlines and to avoid large fines.
Eric Schatten, who is the Capital Market Policy Analyst at FDIC, conducted the session Overview of the LCR: Understanding different requirements and timelines. He was of the opinion that LCR will play a significant role in creating stable funding structures in the long run.
Intellect conducted the Best practices in intraday bank liquidity risk management session, which highlighted the capabilities of Intellect's One LRM solution. Reza Asgari – Global Relationship partner, Intellect introduced and launched the One LRM solution to the audience. The Funding Brain and Intraday Payments functionality were well received by the audience, who participated enthusiastically throughout the session.
Catherine Banneux, who is a Senior Market Manager at SWIFT, shared her thoughts on A pragmatic approach towards the implementation of BCBS 248 Bullets. IRTM experts also participated in the panel discussion on Intraday Liquidity Management which highlighted the challenges/obstacles faced by banks in the areas of data aggregation, data standardization and data quality.
At the conference iRTM was represented by Venkatesh Srinivasan (CEO, iRTM), Reza Asgari, Gita Seshadri (Solutions Architect, iRTM) and Craig Kravetz (Vice President - Sales and Marketing, iRTM). The conference was attended by about 60 members from banks, brokerage firms, custodial institutions, regulatory organizations and vendors.
9thAnnual Collateral Management Forum 2015
01-02 October, 2015 | Amsterdam
Intellect Global Consumer Banking (iGCB) was privileged to participate as the Bronze Sponsor at the prestigious 9thAnnual Collateral Management Forum held on 1st and 2nd October, at Movenpick Hotel, Amsterdam, Netherlands. The Annual Collateral Management Forum is one of the world's leading collateral events providing the most relevant insight onto topics that are currently moving the industry.
iGCB showcased its Intellect Collateral & Limits Management Solution and Quantum Collateral Management Solution aimed at commercial banks and central banks, respectively.
The event provided iGCB a good opportunity to make themselves better known in the Collateral Management sphere, and position alongside other players in the global market. At the event, Intellect was represented by Jean Pierre Arens – Head, Sales, iGTB and Ravi Swaminathan – Head, Presales, iGCB.
KAMFA 5thAnnual Convention
26 September, 2015 | Bangalore
The Karnataka Association of Mutual Fund Advisors (KAMFA) organised annual convention was where all the stakeholders of the Mutual Fund industry in Karnataka come under one roof.
Intellect Global Consumer Banking (iGCB) was part of this year's convention and showcased our revolutionary wealth management platform, Intellect FABX, a state of the art workstation solution that empowers advisors by making available all the information needed for effective Customer interaction, Relationship building, Performance monitoring, Analytics and Decision making at one place.
The convention was attended by CXO's of various AMC's like ICICI, Axis Bank and Reliance, AMFI Chairman, representatives from NSE, RTAs, IFA, and Financial Planners from in and around Karnataka state.
The delegates showed interest in integrated and comprehensive solution for wealth management institutions/advisors supporting business and operations in the areas of customer relationship management, financial need analysis, portfolio management and iPad version of FABX.
Team Intellect was represented by Nayan Parmar and Ajinkya Lokare.
Eurofinance: International Conference on Cash and Treasury Management
23-25 September, 2015 | Copenhagen
iGTB was the Bronze Sponsor at the most keenly anticipated Treasury event of the year – Eurofinance: International Cash and Treasury Management. The conference was held at Copenhagen, Denmark from 23 to 25 September. At the event, iGTB promoted and showcased its innovative concept the 'MindCloud' – a collaborative platform to capture the thoughts of senior transaction bankers via straw polls on trending topics and issues that the financial industry is seeking answers.
Four interactive surveys were conducted based on the concept and topics suggested by the bankers and treasurers. A choice of options was provided to the respondents for each survey question. The responses to each topic/survey were captured as a whitepaper and were shared with relevant stakeholders post the event. A snapshot of the survey is as below:
What are the top improvements the banks can do for their corporate clients?
Most of the respondents expressed their opinions to be 'Faster Payments' – a feature that they expect from their banks. Andrew Wastell – Head of Sales, Lloyds Bank added his outlook that though corporate clients expect faster payments, they expect them to be more 'Simple and Secure'. Also Rajesh Mehta – Head of EMEA, Citibank suggested that 'Cash application – Receivables management' was expected by the corporates and this could become the second most voted answer.
What features do corporates want with 'Faster Payments'?
Majority of the corporate treasurers voted that though faster payments are important, they expect the system to provide real-time dashboards with rich information about payments. They were more concerned with the analytics that the system could provide rather than speed of payments. The mobile applications of faster payments seem to have least interest due to security concerns.
What are the expected features of a high performance treasurer?
Of the four options, 'Liquidity Optimization' was chosen as the most desired feature with maximum votes followed by 'Forecasting Efficiency'.
What is the most preferred characteristic of a sustainable Treasurer – Position / Cash Management?
Treasurers and senior bankers rated 'Agility' as the most preferred characteristic of a sustainable treasury system and 'Reliability' was rated as the second most preferred feature. Therefore, Treasurers are expecting a system that is agile that provides reliable data while performing their position / cash management roles.
5thAnnual Middle East Banking Innovation Summit
14-15 September, 2015 | Dubai
iGCB, the Consumer Banking business of Intellect, was proud to be the Gold sponsor at the 5thAnnual Middle East Banking Innovation Summit (MEBIS) held in Dubai on 14 & 15 September, 2015. The prime agenda of this summit was to know about the latest trends in banking innovation, discuss about global best practices and network with key industry influencers and decision makers. This aids in the restructure of traditional banking systems using Cutting-Edge Technology.
Intellect's theme for the event was 'Digital 360: Transforming into a True Omni-Channel Powerhouse'. Paramdeep Singh – Partner & Business Head, Core & Lending Products, Intellect Design Arena Ltd., was one of the keynote speakers at the summit. He spoke on the omni-channel experience like bank's digital quotient, becoming a Digital 360 Bank in 150 days, delighting customers with consistent experience across channels and experiencing Digital Outside & Digital Inside.
The event hosted over 400 senior professionals including CEOs, CIOs, CTOs, etc., and over 30+ industry expert speakers from banks, financial institutions and regulatory authorities across the Middle East and Gulf Cooperation Council (GCC) region.
At the summit, Intellect was represented by Paramdeep Singh, Ravi Swaminathan and Sivakumar M from the product team; and Atanu Ganguli, Sairus Bapooji and Avinash G from the Sales team.
Intellect Custody & Treasury Convergence
07 September, 2015 | Egypt
The Intellect Custody & Treasury Convergence was jointly hosted with Summit Technology Solutions (STS) at Hotel Cairo Marriott, Egypt on 7thSeptember. This is our international signature event series that are held across financial hubs well attended by CXOs and senior management of leading banks and financial institutions.
The event commenced with a welcome address by Eng. Magda El-Sabee - Chairperson of Summit Technology Solutions that was soon followed by an introduction of the Intellect Product Suite by Atanu Ganguli - Head, Sales, IMEA. Mohamed Farag - Head of Global Transaction Services, Commercial International Bank was the keynote speaker at the event. Farag endorsed Intellect's Custody Solution in Arabic creating an urge among the other banks that were present at the event.
Philip Bethel - Head of Marketing, iRTM and Kalpak Mhatre - Business Head, iRTM spieled on the Integrated Treasury & Custody Solution with respective value exposition for a brief spot demos. Over 40 Bankers from more than 15 banks from Egypt took part in the event making it a huge success.
Indian Wealth Management Forum 2015
27 August, 2015 | Mumbai
The Indian Wealth Management Forum 2015 brought together the leaders from across different firms and segments within the industry – to discuss and debate what can be done in the domestic industry to ensure organisations can make the most of the opportunity that the growth in wealth represents. The forum was held in Sofitel Hotel, BKC, Mumbai on 27thAugust. iGCB, one of the Gold sponsors at the event, showcased iFABX at the forum.
The agenda for the event included speakers from senior management, product gatekeepers, business heads, asset managers and other key practitioners – from the leading Private Banks, Retail Banks, Independent Financial Advisor (IFAs), NBFCs, Insurance companies and other relevant organisations. Visiting delegates at the forum were CIOs and CXOs of Mutual Funds, IFA, Wealth Managers, Financial Planners and representatives from financial institutions and banks.
The major highlight of the event was presentation from Chetan Pandya - Business Head, FT Grid, iGCB on “Wealth Managers and Technology: Expanding Cadence”. Chetan emphasised on the opportunities for the Wealth Managers to strengthen their investment process, scale up their business and improve client engagement through a technology-driven approach. Integrated and a comprehensive solution for wealth management institutions / advisors supporting business and operations in the areas of customer relationship management, financial need analysis, portfolio management and iPad version of FABX were few of the products that the delegates expressed interest in knowing more.
Around 300 senior industry practitioners discussed and debated the trends, issues, product features and benefits, present and future requirements, opportunities and challenges for the industry which would help to streamline business processes and operations along with many who have shown interest in having demo of our product.
Team iGCB was led by Jaideep Billa - CEO along with the FT Grid and Wealth Management team comprising of Chetan Pandya, Pankaj Kumar, Nayan Parmar, Mukund Kongettira and Ajinkya Lokare.
Intellect launches UnMail to the Market
11 August, 2015 | 8012 FT Design Center, Mumbai
Intellect believes in pushing the boundaries of technological imagination. When the world of banking and financial services was thinking of linear menu-driven navigation, Intellect was thinking of Apps. When the world is now thinking of going digital - slowly but surely, Intellect is ready with its complete set of Digital 360 solutions! In a connected market place, it is not surprising that Intellect is now entering another new area - the world of Enterprise Social Networks (ESN).
On 11thAugust at the 8012 FT Design Center (Mumbai), Intellect launched UnMail - its Enterprise Social Network product - to the market. The event is a first for two reasons - Firstly, it was the official launch of UnMail and secondly this is the first ever 'event' at the new 8012 FT Design Center in Mumbai.
The event was graced by senior officers from banks and financial institutions across business and technology domains.
The day started with a welcome address by K Srinivasan (Business Head - IMEA). He addressed the audience and set the tone for the day in his unique inimitable style. This was followed by a very interactive walk through of the FT8012 floor by Padmini Sharathkumar (Chief Marketing Officer). Govind Saxena (Partner & EVP, Business Head - Digital Banking Technologies) also shared his inputs on technology and the role of Design Thinking.
After the walk through, the product was unveiled by Shashi Mohan (Executive Vice President, CTO & CIO) through an audio-visual show. Shashi also addressed the audience and gave his insights on the digital shift and social transformation happening in the market place and how ESN is gaining traction in nurturing collaboration, fostering innovation and engaging a highly connected workforce within enterprises bringing about tangible business benefits and increasing operational efficiencies.
Ashley Cerejo, Senior Consultant - UnMail, showcased the product through an interactive demo. The event came to an end with a network lunch.
During the afternoon, journalists from DataQuest, CIO India and The Economic Times interviewed and interacted with Shashi Mohan. To know more on UnMail, visit www.unmail.co.in
CIO Agenda Forum 2015
20-21 July, 2015 | Colombo
'CIOs are perfectly positioned to drive business forward through 2015' was the key takeaway from 'The CIO Agenda 2015' - a highly exclusive and influential, signature series, business leadership conference held on 20thand 21st July at Cinnamon Grand, Colombo. Banks' CIO Forum of Sri Lanka launched this inaugural international CIO conference under the theme "The Digital Flip". Intellect was the Gold Sponsor for this event that had over 250 CEOs, CIOs, CMOs & CFOs.
Govind Saxena - Head Partner & EVP, Head - iDigital Banking Technologies presented his views on "Digital Disruption - How banks successfully differentiate their brand by providing a unique customer experience?". And Rajesh Kuppuswamy - Chief Design Officer, CTO & Head of FT8012 Design Center deliberated on "How to make Digital Work for you? Your digital Checklist".
Three highly interactive customised track sessions dedicated to CIOs, CMOs and CFOs, complemented the larger sessions through exposure to real thought leadership and innovation in specific areas of digital business transformation relevant to their respective fields of specialisation, making them indispensable strategic partners in the growth and success of their businesses in the new digital world.
The COFP Indian 2015 Convention
13 June, 2015 | JW Marriott Hotel, Bengaluru
The Council of Financial Planners (COFP) India in collaboration with Financial Planning Association (FPA) organised the first FPA Asia India Program in India. The event was held at JW Marriott Hotel, UB City, Bengaluru on 13thJune. The main objective of the event was to provide a platform for Independent Financial Advisors (IFA), Wealth Managers, Financial Planners and representatives from medium and small financial institutions to engage in rich conversations and learn from fellow planners across the globe.
iGCB was proud to participate as the Platinum Sponsor at this years' COFP Indian 2015 Convention.
Chetan Pandya - Business Head, FT Grid, iGCB was one of the keynote speaker at the event. Chetan also spoke about the "Process of prosperity, Technology as an Enabler". The highlight of the convention was the focus on the current innovation and trends in retail financial services, enabling technological systems to evolve banks from product to customer-focused entities, aligning customer experiences across distribution channels and empowering banks to differentiate through channel innovation. Delegates showed interest in Integrated and a comprehensive solution for the Wealth management institutions/advisors supporting business and operations in areas like customer relationship management, Financial need analysis, Portfolio management and iPad version of FABX amongst others.
iGCB showcased its revolutionary product, Intellect FABX, at the convention. The team had healthy discussions with the delegates and others on the product features and its benefits addressing their present and future requirements, with many expressing interest to see a full demonstration of the product. Intellect was represented by the pre-sales team headed by Chetan Pandya and team members Pankaj Kumar, Vinod Boppa and Ajinkya Lokare.
Middle-East and Africa International Banking Convention
27 May, 2015 | Ritz Carlton DIFC, UAE
The Asian Banker Middle-East and Africa International Banking Convention is an ongoing and annual series of conversations amongst senior bankers in the Middle-East and Africa on changes to the global and regional retail banking industry - from competitive market conditions to the shifting regulatory landscape and advancements in technology - and how banks are meeting these challenges. The annual convention was held on 27thMay at Ritz Carlton DIFC, UAE. This year, the dialogue was focused on key issues and challenges that Middle-Eastern and African banking industries - a marketplace that is increasingly complex, heavily dependent on IT and tightly regulated - are facing today, to manage rising costs while sustaining profit.
The prestigious Asian Banker Technology Implementation Awards recognises annual achievement and best practice in the implementation of technology in banking operations. Scrutinising the joint role of banks and their IT partners in the development and implementation of game-changing technology projects, the fiercely-competitive awards were judged by a panel of leading practitioners, independent advisors and an international panel of industry experts.
At the event, iGCB showcased its revolutionary Digital Core and True omni-channel solutions that encompass Branch Banking, Mobile Banking, Online Banking and Analytics. Paramdeep Singh – EVP & Business Head, Core Banking, Lending & Channels was one of the key speaker at the event and threw light on Intellect's Digital Core Banking.
iGCB's Intellect Digital Core offers advanced, next-generation, customer-centric architecture that enables banks to offer their customers the benefits of a true Digital 360 customer experience, with 'Digital Outside' (Customer Experience) as well as 'Digital Inside' (Operational Efficiency Enabler) capabilities at all touch points. It also facilitates bank's transformation in an omni-channel world.
Over 50 financial institutions from countries across the Middle-East and Africa were evaluated as part of the Technology Implementation Awards 2015. The banks and their vendor partners were honoured at a glittering event that recognised their efforts in using the best technology to run their institutions and bring superior products and services to their customers.
Our Wins and Accolades
- Best Single Country Core Banking Implementation in the Middle-East for its implementation at National Bank of Abu Dhabi. iGCB replaced the bank's existing infrastructure with a Core Banking System
- Best Single Country Core Banking Implementation in Africa for implementation at Consolidated Bank of Kenya Limited (CBKL)
- Best Multi-Channel Implementation in the Middle East for Ahli Bank QSC
Thailand Wealth Management Forum
21 May, 2015 | Bangkok
Intellect was the Gold Sponsor at the Hubbis Thailand Wealth Management Forum 2015 held at Conrad Hotel, Bangkok on 21st May. Hubbis is a leading content-driven learning, research and consulting firm focused on Wealth Management in the Asia-Pacific region. Hubbis conducts conferences, thought leadership forums attended by leading wealth practitioners, subject matter experts and banks in the region.
Vinay Kumar – Head, Intellect Wealth & Private Banking Solutions delivered the keynote address on 'Effective Conversations, Informed Decisions - How Technology is transforming the advisory business'. He also shared his ideas on how technology can enable effective client engagement and the importance of contextualisation and personalisation that adds value in a Wealth Management business.
Nagaraj Prasadh – Country Head, Thailand was one of the key panelists for discussion on 'Preparing for the Digital Revolution' in which emerging, cross-channel technologies and role of social media in Wealth management were discussed.
Team iGCB showcased and presented the FABX and iFABX solutions to the elite fraternity. Sarawadee Krepanith and Potchanaporn Sorapong from the Thailand sales team also represented Intellect at the event.
12-13 May, 2015 | Amsterdam
iGTB participated in the EBA Day 2015, the European conference dedicated for Payments, sponsoring the innovative 'MindCloud' for the second consecutive year. The event was held on 12thand 13thMay at Amsterdam. This being a Payments event, iGTB went with the theme "The Payments are Real (Time), Not just the engine but the whole process".
The response for 'MindCloud' was overwhelming with four surveys happening on key topics on Payments. With questions ranging from Faster Payments in Europe to crypto-currencies, the surveys proved extremely conducive in deliberating and analysing the trending topics in the industry and engaging some of the world's leading bankers in expressing their opinions. A white paper was created to capture the results of the surveys.
Finextra - the event organisers conducted two video interviews with Jan Gonnissen - Senior Payments Consultant, iGTB who shared his expertise on 'Faster Payments' and Jean-Pierre Arens - Senior Vice President, Business Development, iGTB who spoke on the future of Crypto Currency, Faster Payments and the results of the surveys.
Other members from the senior leadership - Mark Wilson, Phil Cantor, Jan Gonnissen, Jeanpierre Arens, Timothy Donnelly and Marylee Muir represented Intellect at the event.
Please visit www.igtb.com for the videos and the whitepaper.
3rd Annual Technology & Innovation – The Future of Banking & Financial Services
07 May, 2015 | Malaysia
Intellect Design Arena took part as a Silver sponsor during the 3rd Annual Technology & Innovation – the Future of Banking & Financial Services at Kuala Lumpur on May 7th2015. Over 200+ delegates attended the event that was organised by FST Media, a leading financial technology content and media agency in the Asia-Pacific region.
Paramdeep Singh – Executive Vice President & Business Head – Core Banking, Lending & Channels & Raj Ganesarajah – Country Head, Malaysia showcased a presentation on 'A Digital 360 Approach – Transforming into an Omni-channel Powerhouse' covering the aspects of customer delight, experience and how to transform a bank into Digital 360 bank in under 150 days. Padmani Koteeswaran from Team iGCB demonstrated the Intellect® Omni-channel solution during the event.
Leading bankers and industry experts were impressed with the Canvas Technology and Intellect's approach to Omni-channel. In particular, senior executives from various other banks have expressed further interest in Intellect's offerings.
CII BANKing Tech Summit 2015
21 April, 2015 | Mumbai
The 9thCII BANKing Tech Summit chaired by Arun Jain, with Intellect as the primary sponsor, was held at the Vivanta by Taj President in Mumbai on 21st April. Recognising the fact that banks have managed to attain accelerated growth by adopting digital, the summit was themed 'Banks taking a Quantum Leap through Digital'.
The launch of iGCB's Retail Banking eXchange (RBX) suite, with which banks can guarantee a true Omni-channel experience to their customers, was a special moment for Team iGCB. An integrated solution that includes Digital Branch as well, RBX enriches online and mobile experience, and a higher perceived value that meets the challenge of customer acquisition and stickiness. The simplicity of apps drives more cross-sell, strategic segmentation of products, and enables contextual marketing. Fewer reconfigurations and disputes, lean operations of a 'branch on-the-move' drive high performance, productivity, and thereby, enhance profitability.
In a powerful address, Arun pointed out that the race to Digital was on and that could give Banks a quantifiable benefit - which is the key to becoming a 'Primary Bank'. He also embarked on how to acquire new customers, expand the existing customer base and increase the 'per customer' profit. In his concluding remarks, he also spoke of aligning skill, expertise/depth, market perspective and the resultant idea that stands out in the business.
The major highlight of the event was the glowing credo for eKuber, Intellect's QBS Treasury Solution in the Reserve Bank of India, from H R Khan - Deputy Governor of RBI. During his speech, Khan lauded Intellect for its 'Excellent work' in eliminating the voucher system. Banks maintain a single account through eKuber's e-receipts.
Apart from the sales team, members from the senior leadership - Govind Saxena, K Srinivasan, Biju George and Rajesh Kuppuswamy also represented Intellect at the large-scale event.
19-22 April, 2015 | New Orleans
Payments 2015 united thousands of payments system stakeholders from business end-user and financial & technology services organisations to debate and explore pressing issues and opportunities in today's scenario.The 2015 conference concluded on 22nd April, delivering more than 130 educational sessions on topics impacting the payments industry. The event featured powerful general sessions headlined by Jason Dorsey – Chief Strategy Officer, The Center for Generational Kinetics, The Gen Y Guy; Chuck Todd - NBC News Political Director and Moderator of Meet the Press; and Howard Putnam - Author and former CEO of Southwest Airlines.
The event served as a great platform to showcase iGTB's Payment Services Hub. It also helped in evaluating iGTB's position in the competitive market. The booth location was great with consistent traffic everyday. Overall, the event helped in nurturing new relationships with clients and solidify existing relationships.
Intellect Risk Convergence
06 April, 2015 | Kuala Lumpur
The iRTM team hosted their flagship event "Risk Convergence" at Saujana Resort, Kuala Lumpur, Malaysia on 6thApril where the top solution experts from Intellect interacted with the key decision makers from various banks in Malaysia to understand the iRTM technology trends and product capabilities. The event primarily focused on how the Malaysian banks will be impacted by recent changes in regulatory policies and controls and the steps they need to take to create an appropriate roadmap strategy of monitoring, control and compliance.
Over 20 attendees from top Malaysian banks such as Bank Muamalat Malaysia Berhad and EXIM Bank Malaysia Berhad, among others, graced the event. Islamic Banking guidelines and regulatory developments of both Retail and Investment markets were explored in this Convergence. Najib Shaharuddin - COO, Islamic Banking and Finance Institute of Malaysia, addressed the audience on Retail market; while Surinder Singh – Former Head of Transaction Banking, Maybank and Hong Leng Bank, spoke about the same pertaining to the Investment market.
Emerging challenges in the Malaysian Risk and Treasury industry was also reviewed by Philip Bethell – CMO, iRTM. The participants shared positive feedback on the event, referring to it as both insightful and thought-provoking. It is worthy to note that Team iRTM, through this Convergence series, has managed to understand the concerns of prospective customers and educate them on matters of Risk and Treasury, all the while enhancing the propensity of the banks to adopt iRTM products.
About the Convergence series
The Convergence is a signature series initiated and hosted by Intellect iRTM. So far, five iRTM Convergence events targeting Treasurers and Risk Managers in IMEA and APAC have been organised. These have been successful in promoting the brand Intellect and the grand suite of niche risk and treasury products that is iRTM. With key decision makers and solution experts in attendance, the Convergence series has been generating growing customer interest in these geographies, consistently.
LOMA Customer Service Conference
25-27 March, 2015 | Orlando
Intelect SEEC attended the LOMA Customer Service Conference March 25-27 in Orlando, USA. The theme for this years event was 'Service excellence in Insurance'. LOMA Customer Service Conference is an annual event that provides a robust platform for Insurance organisations to explore new strategies and technologies in play and ultimately achieve customer service excellence.
Attendees at this large-scale event were from various areas of the Insurance industry including customer service, marketing, new business and operations. Intellect SEEC's Digital Distribution Suite captured the limelight and generated quite a buzz about its effectiveness to address advisor and service personnel productivity, while also empowering the customer to self service.
The presentation 'Implementing a Client-Centric Advice Culture: From Strategy to Execution' by Laura Gainey - Senior Vice President, Service & Operations, RBC Insurance was a major highlight of the event. Laura spoke about the Innovation and Digital Strategy execution while mentioning Intellect SEEC as a key contributor to the digital map of RBC Insurance.
TOAP Annual Convention 2015
20-22 March, 2015 | Panglao Island, Philippines
Intellect was an Exhibitor at the TOAP Annual Convention 2015 held between 20-22 March in Panglao Island, Philippines. The Trust Officers Association of Philippines (TOAP) is one of the oldest professional associations in the financial community. It was founded in 1964 with the objective of uniting the Philippine trust industry, disseminating information on trusts, upgrading the professional and technical skills of members and strengthening the camaraderie among trust officers.
Intellect showcased its unique Trust Banking Solution at the event. Vinay Kumar from Intellect Wealth, Ganesh M from Intellect Mutual, Christopher Padilla, Rommel Aceron and Isabel Delcastillo from Polaris Philippines represented Intellect at the event. More than 154 delegates from 31 financial institutions attended the event.
GAMA International's LAMP 2015 Annual Conference
15-18 March, 2015 | Orlando
Intellect SEEC enjoyed the privilege of being the premier GAMA Resource Partner at the conference held in Orlando, USA from 15thto 18thMarch. LAMP is the premiere Annual Leadership & Management Conference held by General Agents and Managers Association (GAMA) - a premium international body dedicated to address the professional development needs of Insurance and Financial Services Industry. In addition to being the only insurance technology organisation permitted to showcase at the event, Intellect SEEC was also featured in the GAMA magazine for its distribution product suite.
Digital Distribution Suite - the distribution product offering from Intellect SEEC, made a strong presence at the event. It was demonstrated from an agent perspective, highlighting the capabilities of the product and presenting its benefits to agents in terms of increased sales and improved efficiency. The direct-to-consumer portion of the product was also shown to illustrate how the product is able to meet the requirements of the modern insurance customer.
Intellect SEEC was represented by Laila Beane, Blake Gabriel, Eric Applebey, Traci Perrelli and Rashmi Singh at the conference.
HYSEA Annual Summit & Awards
11-12 March, 2015 | Hyderabad
Octopus team participated in the HYSEA (Hyderabad Software Enterprises Association) Annual Summit & Awards 2015 at HICC, Hyderabad, celebrating technology, products, startups and SMEs.
Octopus was one among the five finalists in the innovative products category. The team presented to an enthusiastic audience and an eminent jury. There was a tough battle of nerves during the presentation with each time vying for the coveted award and Octopus lost by a whisker to the finalist.
Kedarnath Udiyavar – Chief Client Officer, PCSL was honoured with the "Outstanding Contribution to Industry" Award by Shri.E S L Narasimhan – Honourable Governor of Andhra Pradesh and Telangana in recognition of his services to the IT Industry in the State.
The two day event also witnessed Octopus being showcased and demonstrated to the visitors at venue. There was considerable buzz at Octopus stall with very eager participation from visitors.
Private Banking Asia 2015
10-11 March, 2015 | Singapore
Intellect Design Arena took part as the Silver Sponsor at the Private Banking Asia (PBA) 2015 event held on 10-11 March at the Sands Expo and Convention Centre, Singapore.
PBA is Asia's leading conference for private banks, family offices and independent wealth managers to discuss strategy, investment allocations, changing business models and new business opportunities in the Asian private wealth sector.
Reid Warren, Exec Vice President - Asia Pacific, led a round table on the topic 'Enhancing client engagement and experience with analytics and visualization'. The session was attended by senior Private Bankers and was well received.
Senior executives from ABN Amro, ANZ, CIMB and other banks were provided a demonstration of the Intellect Financial Advisor Business Exchange solution (iFABX). The audience evinced deep interest in the solution and expressed interested in Intellect's Wealth Management offerings.
#Private Banking Asis #iGCB
14thAnnual Liquidity Management
09–11 March, 2015 | London Marriott Hotel
The Marcus Evans 14thAnnual Liquidity Management event, held during 9–11th March 2015 at the Marriot Hotel, London, is a prime Liquidity Risk Solution event in Europe with a host of C-level Risk and Treasury Managers in attendance. Intellect Risk and Treasury Management business (iRTM) was a proud sponsor of the event.
At the event, iRTM showcased its recently rebranded BCBS Monitoring Module Tool (formerly Zf Visualisation) – a solution that extends the extensive BASEL III coverage to cover cross-management facility frameworks that this new regulatory recommendations demand.
The event was attended by over 80 attendees from all major banks across Europe, including those from Eastern Europe, a region that is increasingly adapting to this regulation. There were also many banks that attended the event for the first time.
A major highlight of the event was the big array of distinguished speakers who presented a plethora of topics ranging from BASEL III, FTP, ALM and the calculation of Weighted Risk Asset methodology. Participant banks were interested to understand how this regulatory impact will be accommodated within the reporting cover, the necessity of real-time monitoring and compliance of Intra Day Liquidity Risk. The European Banking Association brought out the need for real-time reporting – a requirement that can be more than resolved by the BCBS Monitoring Module Tool.
#Annual Liquidity Management #iRTM
NAMIC Annual Seminar
04-06 March, 2015 | Chicago
Intellect SEEC's booth was the place to be during the widely recognized National Association of Mutual Insurance Companies (NAMIC) annual seminar on 4-6 March in Chicago. With close to 300 attendees consisting of mid to senior level underwriters, managers and executives, NAMIC was also the premiere place to launch Intellect Underwriting Workstation.
Members of the Intellect SEEC sales team and product team attended NAMIC to ensure an exciting launch of our latest, innovative insurance solution. The launch was supported by robust collaterals, product demos and a promotional video to provide prospects a complete digital experience of the product.
Intellect Underwriting Workstation (UWX) is designed for smart underwriting decisions with the only Risk Analytics engine in insurance that brings together traditional and big data sources. It is designed to ensure quick policy issue and minimal underwriting leakage. With features such as risk analytics for structured and unstructured data, 360° company view and multi-product/multi-quote, dashboards, collaboration and document management, it assures smart decisions for complex underwriting quickly and accurately.
Intellect SEEC's presence and the launch of UWX at the event generated momentum that seminar attendees continued to visit the booth for more information even on the last day. NAMIC also helped generate buzz around the product and Intellect SEEC as we were a major sponsor of the event.
Our presence at NAMIC enhanced our understanding of the underwriting industry and provided significant exposure to our brand and suite of products.
Watch to find our more about UWX or Learn more about UWX.
iGTB Middle East Client Advisory Event
25 February, 2015 | Dubai
The inaugural iGTB Middle East Client Advisory Event held in Dubai on 25 February 2015 was a huge success. The conference on 'The decade of Transaction Banking: What share of this half a trillion dollar market will Middle Eastern Banks catch?' brought together an elite group of 68 industry leaders and subject matters experts. With almost all the Top ME banks attending and participating interactively, the combination of deep knowledge and wide experience contributed to the success of the event.
Chaired by Phil Cantor, CMO - iGTB, an impressive lineup of eminent speakers delivered thought-provoking sessions providing insights on the regional industry best practices in Transaction Banking. Andrew England, Senior Advisor - McKinsey Group, delivered the the Key Note address on 'Succeeding in Transaction Banking'. Harshit Jain, Head of GTS Product Management - MashreqBank, spoke on Innovation driven growth in the Transaction Banking space, Mishal Kanoo, Deputy Chairman of the Kanoo Group, discussed the impact of the oil price fall and Hani Al Maskati, Editorial Director & Publisher, Cash & Trade Magazine, hosted the Plenary Summary of ME opportunity. In addition, Henry Gorbet, Senior Payments Consultant. iGTB, presented on Payments and Channels and Philip Bethel, CMO - iRTM, went through what banks need to do to understand their risks.
The straw polls conducted between sessions connected the audience and made it an interactive and engaging conference. 62% respondents believed that the ME bank's share will increase up to 25% by 2025, while 89% of participants said the region's banking sector needed to improve its technology adoption rate. In addition, every single participant agreed that Middle East banks must further integrate their cash and trade functions, with 61% acknowledging that these functions currently remain very distinct.
With a 71% attendance ratio senior-level bankers from the Top UAE, Saudi Arabia, Jordan and Qatar banks were present and over 73% attendees confirmed via the feedback forms that they will definitely attend next year's event. Manish Maakan, CEO, iGTB, K. Srinivasan (KS), EVP, IMEA Region and Atanu Ganguli, SVP- Head of ME, Levant & Turkey led the team at the event.
#Middle East Client Advisory Event #iGTB
MMA Annual Convention 2015
20 February, 2015 | Hotel Taj Coromandel, Chennai
Intellect was the Associate sponsor at the Annual Convention of Madras Management Association held on 20thFebruary at Hotel Taj Coromandel, Chennai. The Convention titled'India 2015 - The Year of Resurgence' was attended by a host of corporate leaders and delegates. The Convention discussed on increasing the product innovation and quality in line with the emerging "Make in India" concept.
Sadhguru Jaggi Vasudev - Founder, Isha Foundation presided as the Chief Guest of the event and inaugurated the Convention followed by a keynote address by Noshir Kaka - Managing Director, McKinsey India. D Shivkumar - Chairman & CEO PepsiCo India Holdings Pvt. Ltd - also the Chief Guest during the Valedictory Session presented awards to the winners of the 18thMMA Competition for Young Managers. This was followed by a keynote address by S Gurumurthy - Columnist & Thinker.
Future of General Insurance 2014
19-20 November, 2014 | London
Intellect SEEC's products 'hit the spot' with insurers at The Future of General Insurance held on 19th–20thNovember at London. With over 300 CEOs and executive figures from regulation, government and insurance, The Future of General Insurance has become a 'must attend forum' to discuss strategic issues that will have the greatest impact on the future of insurance.
With rapid information and technology advances, insurers are expected to deliver a differentiated customer experience while ensuring profitable growth. Intellect SEEC's 'Smart Build methodology with Intellect Business Component Software' – a low risk approach to quickly deliver customer centric capabilities without the need to rip and replace enables insurers to offer such an experience to their customers. Aligned with topics of analytics and underwriting efficiency, Intellect SEEC's state-of-the-art Intellect Underwriting Workstation for commercial lines, hit the mark. Designed for smarter risk selection and loaded with features such as risk analytics for structured and unstructured data, 360° company view and multi-product/multi-quote, dashboards, collaboration and document management, it assures smart decisions for complex underwriting quickly and accurately.
#General Insurance #Intellect SEEC
BAI Retail Delivery 2014
12-14 November, 2014 | Chicago
Intellect's iGCB participated in the premier retail banking event, BAI Retail Delivery, held between 12thand 14thNovember at McCormick Place, Chicago. The focus of the event this year was on key industrial issues like customer experience, data analytics, digitization, branch transformation, omni-channel banking and mobile banking.
iGCB impressed the delegates with its revolutionary 'Intellect Retail Banking Exchange (RBX)' - a true omni-channel solution that encompasses branch banking, mobile banking, online banking and analytics. The design of the product, its innovative user interface and the ability of the solution to seamlessly work on multiple platforms/devices were highly appreciated by the attendees. The iGCB team also hosted interactive discussion sessions on the latest market trends, innovations and technology initiatives related to omni-channels, digital channels, customer engagement and branch transformation.
Arun Jain (Chairman and Managing Director), Padmini Sharathkumar (Chief Marketing Officer), R Shivashankar (EVP - Marketing) and Paramdeep Singh (EVP- Core Banking) led the team at the event.
#BAI Retail #iGCB
9thAnnual European Liquidity Management Conference
05-07 November, 2014 | Vienna
Intellect's iRTM marked its presence as a sponsor at The Fleming's 9thAnnual European Liquidity Risk Management (LRM) conference held at Vienna, Austria from 5-7 November. The event witnessed participation from over 70 delegates from all of the major banks across Europe and also a large contingent from the former Eastern block and Russia. Banks and market leaders, which included European Tier-I banks, provided their insight on Basel III, FTP, ALM and the calculation of the Weighted Risk Asset methodology.
Ruth Wandhofer (Global Head of Regulatory & Market Strategy, Citi Transaction Services) was one of the key speakers at the event. She spoke on the necessity of real-time and compliance of Intra-Day Liquidity Risk.
Intellect displayed its cutting-edge Zf Risk Visualisation, a solution for all customer enterprise monitoring requirements with its 360-degree model that focuses on spotting patterns with smart visualisation, simplified decision making and single step positions transfer. The European Banking Association came off the fence and stated that real-time will move from being a 'good-to-have' to a 'must-have' by 2015. This generated interest especially from banks attending from Eastern Europe who are just in the preliminary stages of building out the complete Basel III risk environment and are interested in building the complete bottom-to-top data universe coverage for their banks in the LRM process.
#Liquidity Management #iRTM
8thAnnual Collateral Management Forum
16-17 October, 2014 | Amsterdam
Intellect's iGCB was the Bronze Sponsor of the prestigious 8thAnnual Collateral Management Forum that was held in Amsterdam (The Netherlands) on 16th-17th October. The Forum is considered as one of the world's leading events for Collateral Management. The event attracted over 150 senior representatives from Central Banks, Commercial Banks and vendors worldwide who gathered to discuss and exchange updates on new requirements that are making Collateral Management a hot spot today.
iGCB showcased its 'Intellect Quantum Collateral Management Solution' and 'Intellect Quantum Central Banking Solution' that cater to Central Banks around the world. The 'Intellect Credit Services Hub' was also displayed, which was very well received by the delegates, some of whom had deep discussions with the team to better understand the potential of the solution. The team also brought focus on Collateral and Limit Management Systems for Commercial Banks.
#Collateral Management #iGCB
Intellect @ Sibos 2014
29 September – 02nd October, 2014 | Boston
The way forward is Digital 360!
For the ninth consecutive year, our organisation attended Sibos, arguably the largest annual banking and financial conference in the world. Held in Boston this year, Sibos saw over 7,300 delegates from around the world, exposed to a massive array of exhibitors, a plethora of workshops, big issue debates and special plenary sessions.
And in a sea of financial organisations and solution providers, Intellect made an indelible splash! Driven by a strong iGTB contingent, Intellect also had representatives from iRTM and iGCB at the event.
Booth H30 was a spectacular representation of the theme: Digital Banking 360 – The Key to Being Principal Bank. This unique theme was chosen because no matter what the industry may be, clients have one expectation in common when it comes to Transaction Banking – getting a consistent customer experience from every touch point within the bank. In line with this, iGTB showcased Customer Onboarding, Payments Services Hub, Funds Control, Liquidity Management, Trade Finance, Supply Chain Finance, Receivables Management, Cash Management and Treasury.
4th Annual Middle East Banking Innovation Summit
29-30 September, 2014 | Dubai
Right at home with innovation
Referred to MEBIS, this is the largest banking technology conference in the Gulf region that attracts C-level executives, IT experts, Retail banking specialists and senior finance professionals from leading regional banks, to explore the latest trends and opportunities. Quite naturally, Intellect, a Gold Sponsor, was the cynosure of all attention.
Along with IMEA sales team, iGCB demonstrated the strength of Intellect Digital and Lending products to a large audience consisting of more than 300 delegates from top Middle East banks. The key attraction was “The world’s first App-based omni-channel banking platform” powered by Intellect’s very own Canvas Technology and Intellect Credit Services Hub, very innovative offerings from our suite of products.
An event highlight was a insightful speech by iGCB’s Hemant Jhajhria, on 'Digital Channels: A New Paradigm'. Impressed, CNN interviewed the iGCB senior executive, for a deeper understanding of Intellect's varied client base, garnered through multiple products. RBX, CBX, FABX, Digital Branch and Credit Services Hub (CSH) drew tangible interest.
KAMFA 4thAnnual Convention
27 September, 2014 | Bangalore
The Karnataka Association of Mutual Fund Advisors (KAMFA) is the largest society of Independent Financial Advisors (IFAs) in the country with a mission to spread awareness on mutual funds and to create high quality advisors. In this regard the association conducts annual conventions for IFAs and fund houses.
On 27th September 2014, KAMFA conducted its 4th Annual Convention at Hotel Chancery Pavilion, Residency Road, Bangalore. Polaris was the Silver Sponsor at the event. The convention included knowledge sessions and panel discussions by leading fund houses and attracted a participation of 400+ fund advisors.
Ankit Pawar and Yashwanth Pattabhi represented the company at the convention. They showcased the innovative solution "Intellect FABX on the Cloud" to the delegates which was very well received. The FABX solution was demoed at the Polaris booth.
26 September, 2014 | Mumbai
As a part of the Financial Technology Innovation Series, the Treasury Convergence event titled 'One Treasury - Shifting Gears from Managing Risk to Leveraging Risk' was conducted at the prestigious Taj Mahal Palace in Mumbai on 26thSeptember, 2014. The specially designed event featured leading industry experts speaking on the topic. The event was well represented by the GMs, treasury heads, IT heads & dealers from most of the well reputed banks in Mumbai.
Biju John, SVP & Sales Head, Greater India, Polaris Financial Technology delivered the welcome address and introduction followed by the key note address by Mr. Sriram Ramanarayan, Country Manager, Financial & Risk business, Thomson Reuters, South Asia. He highlighted the Evolution of Treasury where Banks have moved from only deal capturing and position keeping to a more integrated Treasury Risk Management solutions with huge emphasis on robust Risk governance framework.
The Chief Guest, Mr. Ashutosh Khajuria, President & Head Treasury, The Federal Bank provided insights on how technology should be maximized to optimise profit for any business unit in Banks. He also stressed upon the importance and need for banks to adopt strong Technology infrastructure which should help them in knowing Risk on real time basis and in turn able to proactively manage their Risk portfolio.
Venkatesh Srinivasan, Chief Executive Officer, Treasury Capital Market, Polaris Financial Technology presented "Intellect One Treasury" highlighting how Treasury functions in a bank has moved from automation, integration and APIs for easy upstream and downstream connect to the era of information on the go and informed decision making. In this context he covered the journey of Intellect Treasury 1.0 to present day solution Intellect Treasury 3.0. He brought forward the key message how iRTM (Intellect Treasury 3.0) specifically addresses the current day challenges in banks. He explained how the different modules in the iRTM solution can help to leverage risk thereby giving the banks the upper edge to compete globally. The event was concluded with vote of thanks rendered by Anand Agrawal, Assistant Vice President, Solutions Consultant for IMEA, Polaris Financial Technology. Demo stations showcased Intellect Treasury suite of products & was well attended by the guests.
International Claim Association Annual Education Conference
21-24 September, 2014 | New Orleans
Intellect SEEC claims pole position on claims processing
With over 300 attendees from the carrier community, ICA is the country's largest gathering of Life, Health and Disability claim professionals.
ICA was the perfect event to feature our revolutionary claims solution for Life, Annuity, Disability, Critical Illness and Long Term Care. Visitors to our booth were able to learn about our two options for efficient claims processing - Life Claims in the Cloud and Intellect Claims.
Representatives from Intellect SEEC had the opportunity to interact with over 60 people at the conference and share how carriers have achieved:
- 75% improvement in claims processing time
- 50% savings in claims implementation cost and time
- Fraud prevention and regulatory compliance through configurable rules and audit trails
ICA was also a marquee occasion to officially unveil the new Intellect SEEC brand which included the new website, new booth and graphics, new logo and new collateral. The location of the show in New Orleans provided a great opportunity for everyone to have fun and engage in the rich culture and atmosphere of the city.
21 September, 2014 | Dhaka
On the 21st September, 2014 iRTM hosted a Treasury Convergence event in association with the Bangladesh Foreign Dealers Association (BAFEDA) at CIRDAP, the International Conference Centre in Dhaka, Bangladesh. The theme of the event was 'One Treasury – Shifting Gears from Managing Risk to Leveraging Risk' and focused on the evolution of products across emerging markets of India and Asia Pacific. The event was attended by over 60 guests present at the event from over 46 Treasury institutions of the region, which included 16 Treasury Heads. 41 of the 56 banks in Bangladesh had representatives at the conference. The event generated extensive coverage in the local media – print and television, adding to the spread of brand recognition of the iRTM within the country and beyond.
Venkatesh Srinivasan ,CEO, Intellect Treasury & Capital Markets, shared with the audience the 25 best practices in Treasury management for today's Capital Markets and Treasury environments, also how banks in Bangladesh can leverage their solution technology to maximize profit optimization. He also highlighted the evolution of Treasury from automation, integration and the use of APIs for easy upstream and downstream connection to an era of 'information on the go', informed decision making, and a fundamental shift from managing risk to leveraging risk to provide competitive business advantage. He emphasized how iRTM (Intellect Treasury 3.0) specifically addresses the aforementioned issues, it is the worthy successor of Intellect Treasury 2.0 which was an integrated solution that aided banks by centralizing operations, providing operational efficiency through complete automation and seamless integration of treasury functions.
The specially designed event also witnessed a series of industry experts speaking at the event.
Tarique Afzal (CEO, Sonali-Polaris Financial Technology Ltd (SPFTL)) did the introduction where he spoke about unique co-creation model created by Intellect (formerly Polaris Financial Technology Ltd) and its customer Sonali bank, which led to the incorporation of SPFTL. He was followed by Eskander Miah (General Manager, Department of Foreign Exchange Inspection, Bangladesh Bank), Nurul Haque (DMD, Sonali Bank), Dr. Ahmed Al-Kabir (Chairman, Rupali Bank) speaking on the Treasury market trends and insights. The program was concluded with closing remarks from Sarath Kumar (COO, SPFTL) who spoke on Polaris and SPFTLs achievements in the local market.
Digital Core Launch
11 September, 2014 | Jakarta
Redefining Digital Banking
As part of the FT Innovation series, iGCB launched 'Digital Banking Redefined for Banks' in Indonesia. This Intellect signature series event was attended by top executives from leading retail banks.
The event was steered with an engaging presentation on Digital Banking, its trends and how the Intellect suite enables banks to become the principal banker for their customers. An interactive panel discussion was also held, covering current market trends, Branch Digital Banking transformation, Lending products with quicker go-to-market and the role of social media in Banking, among others.
The demo of the Digital Branch solution on the iPad and a sneak peek of Retail Banking eXchange (RBX) were well-received by the audience, who also showed keen interest in the Intellect Lending suite, generating engaging conversations and a quick showcase of Intellect offerings.
The event proved to be a great launch pad to showcase iGCB's latest offerings and commitment to the Indonesian market in the Digital Banking transformation journey.
CIO Insurance Summit
10 September, 2014 | Atlanta
Intellect SEEC was excited to have Mr. Pranav Pasricha, CEO Intellect SEEC, and William Frederick, Vice President - Market Development, attend the Insurance CIO Summit. The summit is a chance for CIOs and senior IT executives to meet with technology experts from the insurance industry. This exclusive summit features engaging keynote speeches, open forums, think tanks, case studies and panel discussions on the latest technology topics and trends.
Mr. Pasricha led an engaging roundtable discussion on affordable digital transformation strategies in the cloud. For insurers the questions were no longer why, but how they could use cloud as part of their digital strategy to create lifetime business value.
During this roundtable, Mr. Pasricha discussed the critical nature of simplifying claims operations at a low cost and debated several issues including minimizing risk, creating brand value and ensuring data privacy and security on the cloud. The discussion on this topic was so engaging that CDM media (host for the CIO Summit) even tweeted about it, creating more interest in Intellect SEEC and what we offer.
Aside from the well received round table discussion, we also had 12 one-on-one meetings with senior executives from the carrier community in attendance at the event to discuss how our revolutionary solutions can help address their distribution, claims and underwriting needs in a future proof manner.
#CIOCDMMedia #LifeClaimsCloud #Claims
IDC Financial Services Summit 2014
09 September, 2014 | Jakarta
IDC Financial Services Summit is a key industry event in Jakarta, Indonesia. iGTB made its mark as the 'Thought Leadership' sponsor of the event as part of positioning its product suite in the APAC region. Held on 9thSeptember, the summit, focused on 'Innovation and Operational Efficiency in Financial Institutions'. About 180 delegates from over 70 banks participated in this event. Interactions revealed that Polaris has good market visibility in the region and a lot of keen interest was noted among bankers in understanding the iGTB product offerings.
Integrated Global Transaction Banking, Omni-Channel Solution (CBX) and Trade Finance Products drew maximum attention. Chitra Balaji ,Product Head, CBX presented the concept of 'The Need for a Single Solution to Integrate Existing Multiple Channels for a Great Customer Experience', which was well-received by the audience. The iGTB team was also represented by Vira Soekardiman - Country Head Indonesia, Erwin Suhud - Business Development Manager and Manikandan P - Head of Marketing, APAC.
#Financial Services Summit #iGTB
FT Innovation Series
08 September, 2014 | Jordan
Collaboration is innovation
The FT Innovation Series event, jointly hosted by Intellect and OFFTEC, witnessed participation of over 60 BFSI players. K. Srinivasan – Head, IMEA business for Intellect, addressed the gathered audience, introducing the Intellect suite of products. Other Intellect representatives included: Phillip Bethel – Global Head, Solutions and Consulting for iRTM, who spoke on the Risk & Treasury business; Vinak K – Business Head, Wealth who spoke on Wealth Management; and Deepa Santhanam – Head, Pre-sales for Middle East, Levant and Turkey who spoke about Digital Banking.
#FT Innovation #iRTM
7thAnnual Liquidity Management
03-05 September, 2014 | Singapore
iRTM's Zf Risk Visualisation makes waves in Singapore
Polaris marked its presence as a sponsor at the 7thAnnual Liquidity Risk Management (LRM) Conference held between 3rd and 5thSeptember, 2014 in Singapore. The event, regarded as a fast becoming premier LRM event in APAC due to participation of many senior level financial services professionals, was an ideal platform to showcase iRTM's suite of products. As the right forum for the exchange of knowledge, ideas and updates on regulations that impact business, Polaris showcased it's cutting-edge Zf Risk Visualization product.
The iRTM team comprising of Phillip Bethell and James Morgan from the London office and Purtini Joshi, Tarun Tolani and Ganesh Ramanan from the Singapore office were present at the iRTM table to interact with the Global Risk Heads of several European tier 1 banks in the conference. The team established its formidable presence at the event, thanks to timely recognition of the increase in number of local regulators fast-tracking on Basel III, which in turn is driving demand for the regulation-ready solutions.
Phillip and his team created adequate awareness via a fully-equipped iRTM table demonstrating the sophisticated Zf Risk Visualization product that provides complete management of the Basel III principles and liquidity risk protocols and fulfilling the bank's reporting needs for LRM. The session concluded with a summary of iRTM's product suite providing a comprehensive platform from which the LRM framework of a bank can be monitored and controlled proactively. The ability of issuing real-time alerts and providing strategic support was also stressed upon.
#Annual LRM Conference #iRTM
Philippines International Banking Convention 2014
29 August, 2014 | Philippines
Polaris was the key sponsor for the Philippines International Banking Convention, a leading annual conference designed for bankers and financial services professionals to be abreast on the latest trends in the Philippines banking industry.
The conference was held on 29thAugust at Makati Shangri-la, Manila. More than 200 senior banking professionals, Philippine banking regulators and international speakers who provided crucial insights and valuable discussions pertaining to the Philippines financial industry participated in the event. Mr. Amando Tetangco Jr., Governor and Chairman of the Monetary Board BSP were one of the main speakers at the event.
The team showcased Solutions to redefine business by providing an end-to-end integrated customer experience across different channels at the event. Besides the conference, various interactive workshops were also conducted.
Dun & Bradstreet - Polaris Financial Technology Banking Awards 2014
27 August, 2014 | Mumbai
When every aspect of life is moving towards simplicity, why should banking be complex? We took this conundrum head on, and created the revolutionary #DigitalBranch, unveiled at the 'Dun & Bradstreet - Polaris Financial Technology Banking Awards 2014, as the title sponsor of the event.
Arun Jain will delivered the keynote address and presented the prestigious awards at an event that recognizes the growth and resilience of the Indian Banking Industry. The event saw participation of over 250 senior Indian bankers from across the banking spectrum.
To wide acclaim, we launched Digital Branch – a compendium of 28 revolutionary apps. Designed for simplicity, Digital Branch redefines branch banking. The concept was showcased with special emphasis at the booth area.
Dun & Bradstreet, in association with Polaris, released the eighth edition of 'India's Top Banks 2014', an authoritative reference guide on major banks in India. The publication highlights the important aspects of the Indian banking industry and profiles the major players in the sector.
Mr.Yashwant Sinha, Former Finance Minister was Chief Guest at the event.
Hubbis Indian Private Banking Forum 2014
21 August, 2014 | Mumbai
Polaris was the Technology Partner at the Hubbis Indian Private Banking Forum 2014 that was held on August 21st at Sofitel Luxury Hotel, Mumbai. Vinay Kumar, Head of Wealth Management Solutions delivered the key note presentation on 'How technology is transforming the advisory businesses'. Chetan Pandya, Head of FT Grid and IMEA sales team was also present at the event.
Polaris showcased its 'Intellect FABX on Cloud' offering at this event that hosted 200 senior management, advisors and industry practitioners from Wealth management and Private Banking industries. The event witnessed a series of panel discussions and presentations covering the gamut of Indian Private Banking Industry.
Hubbis Indian Private Banking forum is a leading provider of content and online training for Asia's Wealth Management, Private Banking Industry, Private Client Firms, Asset Management Companies and Alternative Investment Funds – who come together to share experiences, best practices and insights about recent and emerging developments in the industry.
Intellect Wealth Launch
12 June, 2014 | Thailand
On 12th June, Polaris launched its Wealth solution – Intellect Wealth – in Thailand in a special event held at the prestigious St. Regis Hotel, Bangkok. The event was headed by Nagaraj Prasad - Country Head, Thailand.
Over 45 bankers from 12 banks participated. The interactive sessions with chocolate gold bars (in line with the theme 'Wealth') as a give-away was well received by the bankers who participated in a lucky draw; the prizes were three iPads. This was followed by an engaging talk by Nagaraj who spoke about the Company and its vision for the Thailand Market in the Wealth space.
FT Innovation Thought Leadership Series
12 June, 2014 | New York
"Most customers don't want to be 'wowed'; they want an effortless experience," says Matthew Dixon, co-author of best-selling book The Effortless Experience. iGTB distributed a copy of this book on Customer Experience to every attendee present at the FT Thought Leadership held on 12thJune at NewYork. In addition to major banks, several corporates including Xerox Corp. and Daimler were present at the event.
The event presented an opportunity for interactive, peer discussions with top treasurers from various organizations. The session was moderated by the iGTB team. Various aspects related to corporate customers' experience in Transaction Banking including recent trends, difficulties, basic expectation of the treasury teams from banks were discussed. Participants also discussed the operational aspects of enabling an innovative customer experience and debated the multitude of routes to better customer insight including how to increase revenue and reduce cost and risk.
20-22 May, 2014 | Vietnam
Banking Vietnam, organized by State Bank of Vietnam, Vietnam Banks Association and IDG Vietnam, is the largest and most influential annual banking conference and expo in the country. Leading Commercial Banks and Technology solution providers count on this event (happening for the past fifteen years) to discuss market trends and introduce latest banking services with over 400 CIOs, CSOs, IT Directors who are key decision makers in IT Purchasing. Polaris was a key sponsor of the event that was held at Hanoi from 20th to 22nd May 2014.
Ms.Kathleen Tysoh Quah represented Polaris as the keynote speaker and elaborated on the best practices in central banking modernization. She emphasized on the imperative of rigorous project management in the delivery of modernization programs for systemically critical infrastructure at central banks. She also spoke briefly on the project management methodology developed by Polaris to ensure that central banks continue to provide essential services without interruption during modernization.
During the event, Polaris showcased its Core Banking solution. The revolutionary app-based architecture of the new Polaris Core Banking solution enthralled the audience with its features. Following the one-on-one demos with bankers, the Polaris team also emphasized on key global industry innovations and the need for banks to provide multichannel experience to its customers.
Midwest Claims Conference 2014
06-08 May, 2014 | St. Louis
Tina Chawla, William Frederick and Sanjay Mohan from the Insurance team represented the Company at the 46thMidwest Claims Conference 2014 held between 06thand 08thof May at St. Louis. The conference was focused on connecting all of the key industry players, from the employers and the consultants, to the agents and brokers. There was also a strong emphasis on advanced education, intense networking and facilitating the communication and engagement of the changing industry.
They met with several carriers and other significant members of the industry to discuss how Intellect Claims Solutions streamline the claims process and provide a seamless policy owner and beneficiary experience. Intellect Claims and the most recent cloud offering for claims to prospective clients - 'Life Claims in the Cloud' were the showcased at this event.
ACORD LOMA Forum 2014
03-06 May, 2014 | Orlando
Polaris announced the launch of Life Claims in the Cloud at the annual Association for Cooperative Operations Research and Development (ACORD) LOMA Forum on 5th May at Orlando, Florida. Life Claims in the Cloud helps life, annuity and health carriers harness the power of cloud computing to run a claims solution for as low as $10,000/month without any lead time to deploy. This innovative offering allows claims managers to focus on processing claims quickly and enhancing the customer's engagement experience instead of spending long cycles on limitations of the claims process and IT provisioning.
Key benefits of Life Claims to insurance carriers include:
- Better claims outcomes
- Simplified claims operations
- Elevated customer experienceM
- Regulatory compliance
- No up-front investment on technology
- Easy integration with backup and recovery functions
Speaking at the launch, Pranav Pasricha - CEO, Insurance said, "As carriers expand their in- force policies for disability, critical illness and annuity products, they will experience an increased claim volume and an increased expectation from their customers about their interaction. That coupled with increased regulatory pressures will require carriers to invest in new solutions. Forward looking insurers will add a higher quality customer experience to their list of outcomes. Market leaders view quality customer experience as a means to demonstrate customer centricity and differentiate based on the strength of their brand promise. The challenge for carriers is to maintain profitability while remaining competitive and relevant to the needs of the market. With Life Claims in the Cloud, they can achieve their goal to elevate customer experience with easy and effective claims processing at a fraction of the cost and without having to worry about IT issues."
2014 BAFT North America Annual Conference & Regulatory Compliance Forum
04-07 May, 2014 | California
This year's North American Annual Conference boasted a line-up of approximately 400 C-level executives and members of Senior Management from financial institutions ranging from global relationship managers to Compliance professionals. BAFT provided an excellent format and agenda with industry experts and thought leaders as the keynote speakers who discussed how they are adjusting business models to navigate various regulations, AML, compressing margin, and more.
iGTB also hosted a session titled 'The Corporate Customer's Experience of Transaction Banking', presented by Phil Cantor, Chief Market Officer and Henry Gorbet, Senior Vice President. This was an open forum available to all attendees. Participants shared their respective viewpoints, on service funds transfer and client relationship. The day concluded with the BAFT Reception and Awards Networking Party, which was open to all 400 attendees. iGTB was a major highlight as they sponsored the musical program for the evening, which featured Salsa Sol E Mar, a well-known Salsa band.
The second day witnessed a lively panel discussion titled 'Innovation in Transaction Banking' in which Phil Cantor was one of two panelists. A Regulatory Compliance Forum was conducted on the third day. It was a one-day in-depth discussion on the most trending regulatory and compliance issues affecting the industry today which was very well received. The team showcased the cartoon on Customer Centricity - a great conversation starter.
07-09 April, 2014 | Dubai
iRTM was the Gold Sponsor at the RISK 2014 Middle East conference held at The Address Hotel, Dubai Mall, United Arab Emirates between 07th-09thApril. The conference is the GCC's premier Risk Management event, drawing a large audience of finance professionals from both local and international banking institutions with roles based across all the key Risk practices: Credit, Market, Operational, Enterprise and of course Liquidity Risk. It provides banks a forum to interact with their peers and to hear from regulators in attendance on what are the key controls that will be deployed across the local markets by the authorities.
The key topic this year was Liquidity Risk Management (LRM). Discussions were also held on how new regulations and balance sheet controls would impact the Islamic world and how delegates should equip themselves to tackle new regulations and best practices to manage the emerging risk potential.
During the event, iRTM showcased its expertise in LRM through a presentation titled 'LRM - a 360-degree view' that was made by Philip Bethell (CMO, iRTM). The presentation was well received as there were many examples of how this process is being managed elsewhere around the globe. The speech was also run as a Twitter event and was made available to potential customers via Twitter.
NACHA – Payments 2014 Conference
06-09 April, 2014 | Orlando
NACHA Payments Conference plays very strongly into an area critical and central to iGTB's value proposition and message within the Payments industry. The event presented a great opportunity to be seen and heard in a forum attended by an impressive group of customers and prospects.
The conference took place from 06th-09thof April at the Orlando World Center Marriott. Over 250 invitees to the event from leading global banks were pleasantly surprised with a customized box of chocolates. Each box branded with the iGTB logo was accompanied with a raffle card, which directed them to the iGTB booth for a chance to win one of two iPad Mini devices. The winners were drawn on the second day of the event.
The back walls of the iGTB booth showcased a story - 'The History of Design' in museum format, which had people stop short just to take a look. It had an LCD screen that displayed a selection of cartoons, FT 8012 material and COPARIS videos to prick the minds of the on lookers, on 'what it takes to use Design as a differentiator'. The stall was equipped with an electronic interactive white board and an oversized LCD screen that helped to do live demos that drew a lot of attention of on-lookers and visitors.
iGTB showcased four products during the event - Payments Services Hub, Corporate Banking Exchange, Customer On boarding and Funds Control.
iGTB had a good traction through social media where most of the tweets were acknowledged and re-tweeted by NACHA. Further the iGTB stall found place in NACHA's video that the organizers created the last day.
Launch of NACH-ready Payments Services Hub for India
21 March, 2014 | Mumbai
Polaris launched its NACH-ready Payment Service Hub for India on March 21st, 2014 at Mumbai. The event evoked a good response from Indian bankers.
K. Srinivasan, EVP, IMEA Region set the stage with his opening remarks on how India has transitioned from an emerging market to a growth-oriented market space with its immense underlying potential. He also added on how National Payments Corporation of India (NPCI) has been incredibly instrumental in changing the Indian payments landscape, and how Intellect can help banks with new business models around payments to leverage this payments model.
Vipin Surelia, Head of Cheque Clearing and Automated Clearing House – NPCI was the keynote speaker for the occasion. He explained the current scenario of the Indian Payments industry and the evolving nature of Payments in the country to the audience. He also briefed them on NPCI's strategic initiative in introducing NACH, the various products within NACH and how it has evolved over the past one year since its inception. Vipin emphasized on the role that banks and partners, such as Polaris, are playing in helping NPCI realize its vision.
His presentation was followed by the formal product launch by Govind Saxena, Business Head, Transaction Banking Products, Polaris. He highlighted that Intellect NACH Payment Service Hub, a robust and cost-effective platform that is powered by DRW786 technology, will help banks transform their payments business paradigm. His points were supported with demos of the NACH Payments Service solution later in the evening.
Of particular note is the event being covered on social media. The organization's Facebook page had a dedicated banner for three days running up to the event.
Polaris at Private Banking Asia Conference 2014
18-20 March, 2014 | Singapore
In the Asian context, wealth is still growing at a fast pace, but margins are under pressure and customers have become much more demanding. On one hand there is a need to cut cost of operations, and on the other, there is a need to grab a larger wallet share of the customer. In this context events such as Private Banking Asia Conference 2014 promote the understanding of the scenario.
The iGCB team participated in the Private Banking Asia Conference 2014 held on 18th and 20th March at The Westin, Singapore. In its 10thyear, the event brought Asia's leading private banks, family offices and independent wealth managers together to discuss strategy, investment allocations, changing business models and new business opportunities in the Asian private wealth sector. Vinay K - Product Head, Polaris Wealth and Purtini Joshi - Country Manager, Singapore, represented Polaris at the event.
The first day of the conference started with a keynote address on 'The rise of Asian Middle Class - Economic outlook and investment opportunities ahead'. The second day opened with a keynote address on the 'Impact of behavioral finance on portfolio risk and investment strategies'. Panel discussions, round table sessions and debates that spanned across both the days were led by senior bankers and thought leaders. There was a consensus among the speakers that days of product pushing is over and the firms who would survive would be those who invest in advice-driven long-term money management. CIOs of Private Banks are looking to outsource their back office operations and prioritize front office differentiation. Major IT investments in the region are likely to come in front office tools, especially in those that strengthen the advisory process.
28 February, 2014 | Chennai
iRTM's signature event - Treasury Convergence was held on 28th February at the 8012 FT Design Center, Chennai. Senior representatives from various financial institutions across India especially from the banking and insurance sector, Nepal and Myanmar participated in the event.
K Srinivasan, EVP & Business Head, IMEA opened the session by setting the context. He invited the participants to introduce themselves and state their expectation. The clear expectation at the outset helped the presenters to customize their presentations.
Rajan Seshan, Platform Head - Treasury & Risk Hub made the first presentation of the event. He spoke on iRTM. This was followed by a walk through across FT 8012 and a product demo on Treasury and Risk Management. A sneak peek was provided on the Custody and Brokerage solutions.
Mr. Iswar Pradhan ,General Manager- Treasury, IDBI: My impression on the organization and its offerings has completely changed after these sessions. I was particularly amazed by the Design Thinking concept and the same translating into products.
Mr. Govind Gurung, Senior Executive Officer, Civil Bank, Nepal: I am impressed by the Design Center as I have not seen anything like this before and I am impressed to see a new dimension in creating a solution.
The event drew to a close with cocktails and networking dinner for all the guests. The participants continued to share their amazement and stated that they had a rich experience to carry back to their institutions.