search-close-icon
iDC-02

Intellect Digital Core

Cloud-native. API-first. Microservices-ready.

Product Overview

Intellect Digital Core (IDC) is a microservices-based, API-first and cloud-ready product suite. This fully integrated digital banking solution is ranked #1 in the world for future-proof architecture and comprehensive functionality.

We have broken the one-shoe-fits-all paradigm and brought a level of flexibility to how banks like you would prefer to drive your digital transformation in a Progile (Progressive + Agile) manner, leveraging our revolutionary iTurmeric integration capabilities.

IDC can therefore enable any of the following possibilities – a complete core refresh, a solution refresh, a channel refresh or even a middleware-led digital refresh, all in a progile manner.

We understand that the LIBOR transition is a cross-functional initiative for financial institutions. In consultation with ex-bankers, risk managers, tech specialists, regulators and partners, Intellect brings to you a comprehensive set of services for the LIBOR transition. Intellect LIBOR Transition facilitates fast and secure means of migrating to RFRs (Risk-Free Rates), through the four pillars of: RFR CalcService: RFR calculator provides financial impact assessment of migrating from LIBOR to RFR, and reforms the rates and disseminates to relevant product processors Intelligent Data Extraction (IDX) assists in identification of LIBOR contract-related details and fall back clauses Technology Impact assessment & Changes to core product processors Low-coding interface framework to manage data exchange needs with enterprise data marts and core products, seamlessly

Why Intellect Digital Core?

Holistic digital strategy for driving transformation agendas. Understanding the current complexities and the evolving landscape, we thought ahead of the curve, and passionately built a reimagined digital modernisation strategy across 8 powerful levers Including technology, data and customer experience to give you best approach for your successful digital transformation.

With the evolving banking landscape and the pressures of rising to the digital challenge, investing in the right technology is indeed a very critical decision for banks. There is a plethora of factors, from digital capability, to functionality, to the economics, that drives this decision. Being the right sized partner and successfully modernising retail banks across the globe, Intellect Digital Core, IDC 20 brings together a formidable solution that is digital, contextual and cloud ready.

Product Highlights

Accurate-determination

Single Integrated Platform

IDC brings front-to-back capabilities across retail banking with product designer, dynamic segmentation, pricing configurator, cross-sell and upsell tools. Banks enjoy comprehensive and ready-to-roll-out functionality, including CASA, WASA, deposits, digital customer self-onboarding, wallets, cards, best-of-breed lending, seamless branch banking, world class treasuryand an extremely efficient trade engine.

Reduction-in-Cycle

Cloud-Native, Future-Proof Architecture

IDC is built on a past-compatible, future-proof architecture, capable of digital twinning and designed for agility. The API-first, container-based microservices architecture is cloud-native and optimised for continuous delivery. It boasts benchmarked performance and is elevated by a revolutionary integration layer.

Robust-Technical-Architecture

Innovate on the Move

Advanced SDKs and DIY toolkits power quick, iterative innovation for our global clients. These tools include enhanced risk monitoring, DIY report designer, advanced API orchestration to tap into not just internal systems but also a large app marketplace, a DIY screen designers, and a customisable online real-time GL with instant financial reports.

Webinar

A Host of Value-Added Modules

Innovative products like goal-based savings, virtual cards, PFM propositions, gamification, intricate loyalty programs and much more are now possible with IDC. The high degree of parameterisation and customisation that IDC inherently offers allows our clients to design highly specialised product offerings for the customer.

company-analysis

Deep Partner Ecosystem

IDC boasts a rich partner network to leverage a large innovation pool. Our API-first architecture enables ‘Embrace and Extend’. Fewer interfaces mean fewer points of failure and lower implementation costs.

Product Features

IDC is the most comprehensive, consummate core banking product suite today, catering to retail,corporate and SME banking segments. Whether the strategy is channel-led, product-led or even segment-led (think challenger), IDC 20 is the ideal suite of contextual banking products.Financial institutions can pick and choose any of the below solutions they would like to modernise, depending on their scale & appetite for digital. Alternately, banks can also choose to horizontally modernise across customer onboarding, customer servicing, customer engagement and back-office operations. We Call this ‘Your Digital, Your Way’.

Market-ready

Core Operations

  • Customer Onboarding
  • Term/Recurring Deposit
  • Remittance
  • Teller Management
  • Payments
  • Current/Savings Account
Platform-Economy

Lending

  • Origination
  • Lending – Unsecured
  • Mortgage & Commercial
  • Leasing
  • Securitisation
  • Syndication
  • Commercial Lending
  • Debt Management
  • Collateral & Limits Management
  • Dealer Financing
Future-proof

Cards

  • Origination
  • Card Issuance
  • Merchant Acquisition
  • Loyalty Management
  • Fraud Early Warning
  • System
  • Customer Service
  • Securitisation
  • Receivables Management
Ease

Payments

  • Clearingpayment systems
  • Digital payment systems
  • Cross-border Payments
  • Wallet
  • Cards-Travel/ Pre-paid/Gift
Market-ready

Wealth

  • Customer Acquisition
  • Financial Planning
  • Transaction Management
  • Leveraged Investment
  • Portfolio Management
  • Revenue Management
  • Reporting
  • Relationship Management
  • Risk & Compliance
  • Management
Low-latency

Trade Finance

  • Letters of Credit
  • Bills
  • Collection
  • Guarantees
  • Trade Loans
  • Reimbursements
  • Supply Chain Financing
  • Factoring/Forfaiting
Treasury

Treasury

  • Front/mid/back office
  • Branch Position Integration
  • Resource Mobilisation
  • Fund Management
  • Limits & Control Framework
  • Risk Management
  • Stress Testing
  • Portfolio Management

Technology Architecture

A post-pandemic market demands technology that not just equips you to deal with today’s customer demands, but also enables extreme agility and scalability. The cloud-native, API-first, microservices-ready architecture of IDC 20 is the ideal technology stack for your digital aspirations. It brings together a formidable solution that is digital, contextual and future-proof.

Awards and Accolades

Market Acceptance in Leadership Quadrant

Gartner

LEADING DIGITAL BANKING PARTNER

Intellect Design – CBX featured among Leading Digital Banking Platforms Vendors in Gartner Report – Market Guide for Digital Banking Platforms against all Core banking vendors

Aite

Ranked #1 For APIs

Top Rating on all six measures:

Development, Wholesale banking, Sandbox, Connectivity, Management and Analytics

FORRESTER

Rated Strong Performer

The Forrester WaveTM: Digital Banking Engagement Platform

FORRESTER

Intellect Design has been recognized as a Global Player & Global Pursuer for Combined Deals & New Named Deals in Global Banking Platform Deals Survey 2019

CEB

Leading Global Vendor Online Banking Solutions Technology Analysis

CELENT

Intellect CBX Digital on boarding won the Xcelent award in the “Breadth of Functionality“ in the leadership category

CELENT

Intellect Design has been recognized as a Global Player & Global Pursuer for Combined Deals & New Named Deals in Global Banking Platform Deals Survey 2019

CELENT

Intellect Digital Core (IDC) adjudged WINNER @ “Breadth of Functionality“ category for APAC, EMEA AND LATAM Region for 2019.

IBS intelligence

Ranked #1

  • Retail Banking Systems – Intellect Digital Core
  • Payment Systems – Intellect Payments

IBS intelligence

Ranked #2

  • Lending Systems – Intellect Digital Lending

IBS intelligence

Ranked #3

  • Digital Banking & Channels – Intellect Digital Banking Experience Platform

IBS intelligence

Ranked #4

  • Investment Fund Management System – Intellect OneMarkets

Ovum

Challenger in Decision Matrix for European Market With top scores in Scalability, Technology design architecture and roadmap & Product Depth sections

THE ASIAN BANKER

CDB bags ‘Best Social Media Initiative of the year’ at the Asian Banking & Finance Awards 2019

IDC

3 Real results awards

  • Future ready Payments implementation
  • Digital Transformation Leader at IDFC
  • Customer Experience at NBK

To know more about Retail Banking Products and Solutions

Learn more