Intellect Wealth has been selected as a technology vendor by Bank BRI, one of the largest and most prestigious banks in Indonesia while competing against the leading market players of the global fintech space.

The global award-winning, digital wealth solution is a full-stack, relationship-centric, API driven BIAN compliant solution with STP spanning from the front, mid to back-office functionalities and it comes with a promise of Advantage 20-20 i.e. 20% increase in RM productivity and 20% reduction in the business operating cost. These will help propel Bank BRI to meet their objectives of becoming the Bank of Choice by 2022.

The solution takes care of end to end digital wealth lifecycle, digital customer onboarding, investment plan journey, portfolio aggregation, 360-degree portfolio view, performance monitoring, digital order initiation and order routing to the existing product processors of the bank. It’ll enable the bank with a complete one-stop solution for the wealth business and will create significant value by empowering the RMs with the tools to provide virtual advisory and advisory on the go. In addition to this, it’ll also enhance customer experience with DIY functionalities while lowering the cost of compliance & operations thereby making the process more robust and efficient.

This win is a testament to the product’s advanced capabilities. Intellect Wealth looks forward to working alongside Bank BRI to disrupt the private banking and wealth management landscape by delivering outstanding value through digital transformation as we have done with our several other clients in the APAC region.