Foreword

Intellect recently hosted a transformative residential programme, Transforming Enterprises with eMACH.ai, in Chennai. This two-day workshop brought together top bankers from India and South Asia to explore the future of banking through Growth Accelerators. These accelerators empower banks to attract new customers, streamline operations, and elevate the banking experience in an era of ever-rising customer expectations and rapid technological advancements.

The programme commenced with an inspiring welcome by Ramanan SV, CEO of Intellect for India and South Asia. The keynote address was delivered by Yashraj Erande, Global Head of Fintech and India Head – Financial Institution at BCG, who delved into the critical role of technology in enhancing profitability for banks. Yashraj emphasised the importance of AI-ready data, adopting a Platform Operating Model, and building bridges across technology, global markets, and compliance to achieve sustainable success.

Arun Jain, Chairman and Managing Director of Intellect, led an engaging Design Dialogue on “New Digital in Transforming Enterprises.” Highlighting the essential areas of Complexity Reduction, Composability, and Contextuality, Arun explained how eMACH.ai, iTurmeric and Purple Fabric can drive digital transformation for banks.

Day one featured insightful discussions, including Core Banking and Open Finance Platforms led by Vivek Patil, Advisory Partner at PwC India and Lending Transformation by Rajdeep Saha, FS Advisory, PwC India. The day also included an exploration of the 8012 FinTech Design Center, where participants witnessed cutting-edge banking solutions in action.

On the second day, the focus shifted to the transformative power of Purple Fabric, an AI-powered Enterprise Connected Intelligence Suite. This solution enhances hyper-personalisation, risk management, and customer satisfaction, enabling banks to redefine customer engagement. Vijay Mani, Partner at Deloitte, provided expert insights on leveraging technology for successful wealth management, showcasing how eMACH.ai Wealth simplifies complexities and drives profitability.

Participants had the opportunity to engage in hands-on sessions, experiencing firsthand how Purple Fabric and iTurmeric enable banks to accelerate product innovation and achieve operational excellence.

The programme concluded with an inspiring message on reshaping customer engagement and driving innovation to build the banks of tomorrow. By harnessing the power of eMACH.ai and its suite of advanced tools, participants left with actionable insights to transform their enterprises for a digital-first future.