Prashant is a distinguished technology leader with over 30 years of experience in product engineering, enterprise architecture, and global banking platforms. As CTO of Intellect, he brings deep expertise in driving large-scale technology transformation, engineering excellence, and innovation-led growth across the financial services ecosystem.

Prior to his elevation as CTO, Prashant served as the CTO for Intellect Wholesale Banking, where he played a pivotal role in shaping the organisation’s technology strategy and engineering capabilities. He is currently leading Intellect’s transition toward an industrialised, AI-native engineering paradigm, reimagining software delivery through a high-velocity model where AI accelerates execution while human expertise drives decision-making and governance.

Prashant has been instrumental in the evolution of the eMACH.ai framework, Intellect’s flagship open finance platform. His leadership philosophy is anchored in delivering “speed with certainty,” with a strong emphasis on building secure, resilient, and scalable enterprise solutions for some of the world’s most demanding financial institutions. Before joining Intellect, Prashant held senior leadership positions at Capgemini, including roles as Chief Architect and Account CTO, where he led large global architecture and engineering teams. His professional journey also includes key engineering and leadership roles at Principal Global Services, AT&T, and Deutsche Software.

As CTO, Prashant will continue to strengthen Intellect’s technology vision, accelerate innovation, and build long-term value for the global financial ecosystem, further positioning the organisation at the forefront of next-generation banking technology.

VI. Accelerating Growth with eMACH.ai & Purple Fabric

eMACH.ai, the First Principles Thinking based Most Comprehensive, Composable and Intelligent Open Finance Platform, and Purple Fabric, the World’s First Open Business Impact AI Platform, enable financial institutions to embrace Enterprise Connected Intelligence, secured 59 new deal wins and delivered 91 digital transformations globally.

In Q4 FY26, Intellect has been chosen by 15 customers worldwide. Strategic platform adoption highlights include:

Americas

• A leading US-based wholesale distributor of specialty insurance products and services chose Purple Fabric Magic Submission  to enable end-to-end underwriting workflows with improved risk insights and decision consistency
• Carte Financial Group, a leading independent mutual fund dealer and National Managing General Agency in Canada, chose the Purple Fabric GRC Platform – embedding decision-grade, explainable intelligence for regulatory, onboarding and governance workflows
• A fast-growing apparel retail chain in Chile has extended its long-standing implementation of ai Cards, continuing to manage the full card lifecycle with real-time processing and deliver personalised, secure, and scalable card experiences
• 38 Credit Unions in Canada selected Intellect to power their next-generation digital banking platform ai DEP. This transformation will accelerate banking adoption and improve retention through a unified experience across mobile and online channels.

Europe

• A British universal bank headquartered in the UK chose ai Payments as part of its core demand deposit account (DDA) transformation enabling resilient, high-performance payment orchestration
• One of the largest banks in the Kingdom of Saudi Arabia, part of a leading European financial holding group, selected ai Liquidity Management to achieve real-time visibility and centralised control across enterprise liquidity, enabling proactive cash positioning and optimisation.

Middle East

• A UAE-based full-service corporate bank chose ai DTB to enhance corporate client servicing through streamlined transaction workflows and improved operational efficiency
• A publicly listed Islamic bank headquartered in Kuwait chose ai DTB to streamline payments, collections, and liquidity workflows, enabling faster and more integrated corporate banking services
• One of the largest private commercial banks in Iraq, through its strategic technology partner, chose ai DTB to modernise transaction banking infrastructure and enable seamless integration across corporate systems
• A Qatar-based bank headquartered in Doha chose ai DEP to deliver unified, personalised digital journeys across onboarding, servicing, and engagement
• A digital-first bank in Saudi Arabia chose ai DEP to deliver seamless, customer-centric journeys through a headless architecture with a React Native-driven mobile experience

India

• A global banking major serving more than 40 million customers chose ai Wealth to deliver a unified, multi-tenant wealth platform across domestic and GIFT City operations, enhancing client engagement and advisory capabilities
• A payments bank in India, driving financial inclusion for over 14 million customers, chose ai Treasury to strengthen liquidity management and enable real-time, enterprise-wide visibility across cash positions

APAC

• A leading full-service universal bank in the Philippines chose ai Brokerage to unify trading, risk, and settlement, enabling scalable, compliant, and high-performance securities operations
• One of the pioneers in the Malaysian asset management industry chose ai Registrar and Transfer Agency (RNTA) to manage the full fund lifecycle, including investor onboarding, transactions, reconciliation, and regulatory reporting