Vol - 10 | October, 2022
Foreword
Live Your Dream with Intellect
At Intellect, ‘Live Your Dream’ is not just an inspired vision statement but a way of life.
We believe in leveraging the power of achieving dreams – our dreams and the dreams of our trusted customers. We believe in building the most creative and impactful institution with the soul of humanity and mind of a Design Thinker.
Understanding the needs of our customers, empowering them with our exponential technologies, has been our approach to go beyond the expected and connect with them, accelerating their digital journeys and making their dreams come true. Our ground breaking solutions enable financial institutions to enable their dreams through digital transformation.
The constancy of our purpose and dream continues to fire our spirits and our pursuits – of bringing a significant positive impact in the lives of our Customers, of inspiring and challenging our Associates to build and demonstrate expertise and excellence of delivering calibrated, predictable, profitable growth to our shareholders and of contributing to the holistic and sustainable development of society and communities around us – not merely in monetary terms but by investing our time and collective efforts.
We will continue to ‘live our dream’ every day as we progress in our journey.
Warm Regards,
Arun Jain
Cover Story
Intellect hosted the first-of-its-kind one day customer workshop that explored new arrays using the principles of Design Thinking bringing together perspectives of Business, Operations and Technology functions of a bank, while keeping the customer at the center of everything we do, making it a joyous collaborative experience. Throughout the event our customers interacted with guests from the FinTech ecosystem, explored the Design Center and discussed opportunities in Cloud adoption by accelerating digital transformation.
Our Chairman and Managing Director, Mr. Arun Jain held a session on the strategic potential of Design Thinking for any organisation. This was followed by an engrossing panel discussion with industry leaders on Cloud migration strategy that touched upon key points of application modernisation helping customers to scale up and experiment.
We also had immersive learning sessions by Intellect’s thought leaders Krishna Rajaraman, Chief Technology Officer, Mohana Murali, Chief Architect – iTurmeric, Deepak Dastrala, Chief Technology Officer (India), iSEEC and Raman Jatkar, Product Management – IntellectAI on The Art Of The Possible using Composable and Contextual technology and how it helps accelerate digital transformations.
Catch a few glimpses from the event below.
Product Launches, Enhancements & Partnerships
We strive to design the best-of-class products, which are contextual and help our customers succeed. Here is what is new at Intellect!
Intellect is at Sibos 2022
Intellect is excited to unveil the ‘Consumerisation of Commercial Banking’ at Sibos 2022 with our nextgen open finance, composable and contextual architecture.
Meet us at Booth E96, between the 10th-13th October, 2022 at RAI Amsterdam.
Read More
Intellect launches Magic Invoice, the world’s first ‘No Touch’ invoice processing solution powered by CDR graph technology
Our solution, powered by AI, NLP & ML is contextual and continuously learns, adapts and integrates well with existing technology ecosystems to automate end-to-end invoice processing seamlessly.
Intellect and Coherent partner to accelerate digital transformation
A strategic partnership designed to help accelerate underwriting transformation for commercial carriers, brokers, and MGAs quickly and efficiently with absolute ease.
Intellect GCB and VMware India announce strategic partnership
iGCB partners with VMware’s Tanzu cloud services to drive cost efficiencies, ensure faster go-lives and provide an enhanced banking experience to their customers.
Recent Successes & Implementation
Every new customer and every new implementation is a milestone in our success journey. Here is a round-up on all the new customers who have embraced us and also the implementations that we have completed for our existing customers!
Award
iGTB Intellect rated #1 and “Best...
Read More
Success Story
Intellect Global Consumer Banking sets new...
Announcement
Record breaking 96% NPS for the...
Success Story
Cathay United Bank chooses iKredit360, a...
Success Story
Intellect revenue registers 33% YoY growth...
Success Story
Mineral Development Bank accelerates its growth...
Success Story
Bank of Mauritius chooses Intellect Quantum...
Resources: Webinars, Whitepapers & Blogs
Explore our resources to see proof of the value we add to our customers’ operations and growth journeys.
Article
Intellect SEEC CEO Banesh Prabhu on FinTech...
Video
Panel discussion - Embracing FinTech and Digital...
Video
Automation Adoption in Insurance
Webinar
Commercial Lines Profitability: Transform Underwriter experiences to...
Blog
Automating Submission intake in commercial underwriting
Interview
Core Banking in the Cloud
Whitepaper
Banking Trends and Way Forward - An...
Case Study
iGTB Transactions Limits Management - Breaches. Eliminated.
Events
iGTB at GTR East Africa 2022 Nairobi
Webinar
Bank and Coporate Liquidity Management The Yin...
Events
iColumbus.ai at GTR Asia 2022 Singapore
Industry Watch
Stay up to date with what is happening in the world of FinTech, with the latest research and articles.
Banking for all generations
Conversations about ‘The Great Wealth Transfer’ have been making headlines over the past few years. A recent article in the ABA Banking Journal highlighted that more than 10,000 baby boomers are turning 65 every day. Over the next 20 to 30 years an estimated $68 trillion of wealth will transfer to their Millennial and Gen Z offspring who represent a huge part of the market today.
How financial services are following in the footsteps of Amazon with digital identity
Even before the pandemic hit, sectors like retail, gaming or e-healthcare moved quickly to embrace the speed, convenience and experience of digital services – led by technology pioneers like Amazon or Google.
Embedded Finance: How banks can go beyond BaaS
Embedded finance, the seamless integration of financial services adopted by non-financial companies, has been making waves in the payments industry for years. One form of it, BaaS (Banking-as-a-Service), has received particular attention for its innovation in the sector that reaps benefits in banking’s competitive market.