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.
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
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.
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.
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.
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.
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’.
Core Operations
- Customer Onboarding
- Term/Recurring Deposit
- Remittance
- Teller Management
- Payments
- Current/Savings Account
Lending
- Origination
- Lending – Unsecured
- Mortgage & Commercial
- Leasing
- Securitisation
- Syndication
- Commercial Lending
- Debt Management
- Collateral & Limits Management
- Dealer Financing
Cards
- Origination
- Card Issuance
- Merchant Acquisition
- Loyalty Management
- Fraud Early Warning
- System
- Customer Service
- Securitisation
- Receivables Management
Payments
- Clearingpayment systems
- Digital payment systems
- Cross-border Payments
- Wallet
- Cards-Travel/ Pre-paid/Gift
Wealth
- Customer Acquisition
- Financial Planning
- Transaction Management
- Leveraged Investment
- Portfolio Management
- Revenue Management
- Reporting
- Relationship Management
- Risk & Compliance
- Management
Trade Finance
- Letters of Credit
- Bills
- Collection
- Guarantees
- Trade Loans
- Reimbursements
- Supply Chain Financing
- Factoring/Forfaiting
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
