eMACH.ai is the broadest, most comprehensive, composable, contextual and most innovative open finance platform to compose the banks and financial institutions own unique “My Signature Solution”
Chennai, 13th March 2023: Intellect Design Arena, a multi-product FinTech company launched eMACH.ai, a revolutionary cloud-native and future-ready open finance platform with embedded artificial intelligence, powered by AWS. With 285 pre-built microservices available on the cloud, and access to 1,214 APIs and 200 events, eMACH.ai enables financial institutions to design the future of banks and FIs.
Arun Jain, Chairman and Managing Director of Intellect launched the open finance platform eMACH.ai
This AI-powered platform will simplify banks’ complex technical environment and accelerate them from service-oriented architecture to the marketplace powered with cloud technology.
Arun Jain, Chairman & Managing Director, Intellect Design Arena says “With the launch of eMACH.ai, we have visualised the future of banking to be ecosystem led. To achieve this ecosystem end state, we have identified the 6 imperatives, ABCDEF of Banking Ecosystem Design – Architecture simplicity, Base eMACH.ai (Microservices, API, Cloud and Headless), Composable, Data, with Embedded AI and the Flexible & extensible – all of this centred firmly in the principles of Design Thinking. eMACH.ai offers the most comprehensive set of microservices for the full spectrum needs of banks and financial institutions, and APIs, enabling businesses to transition seamlessly from the customer-centric digital transformation to the cloud-based marketplaces, keeping banks ahead of the curve.”
eMACH.ai is a versatile platform that banks can use to harness the power of AI and optimise operations, based on the following five principles:
Intellect has four marketplaces that could immediately be used by banks and financial institutions by leveraging the power of eMACH.ai:
About Intellect Design Arena Limited
Intellect Design Arena Ltd. has the world’s largest cloud-native, API-led microservices-based multi-product FinTech platform for Global leaders in Banking, Insurance, and Capital Markets. It offers a full spectrum of banking and insurance technology products through its three lines of business – Global Consumer Banking, Global Transaction Banking, and Intellect AI. With over 30 years of deep domain expertise, Intellect is the brand that progressive financial institutions rely on for digital transformation initiatives.
Intellect pioneered Design Thinking to create cutting-edge products and solutions for banking and insurance, with design being the company’s key differentiator in enabling digital transformation. FinTech 8012, the world’s first design center for financial technology, reflects Intellect’s commitment to continuous and impactful innovation, addressing the growing need for digital transformation. Intellect serves over 270 customers through offices in 57 countries and with a diverse workforce of solution architects, and domain and technology experts in major global financial hubs around the world. For further information on the organization and its solutions, please visit https://www.intellectdesign.com/
|For Media related info, please contact:
Intellect Design Arena Ltd
Mob: +91 89396 19676
|For Intellect Investor related info, please contact:
Intellect Design Arena Limited
Mob: +91 89397 82837