The Intellect edge

Vol - 10 | October, 2022

Foreword

Live Your Dream with Intellect

At Intellect, ‘Live Your Dream’ is not just an inspired vision statement but a way of life.

Arun Jain

We believe in leveraging the power of achieving dreams – our dreams and the dreams of our trusted customers. We believe in building the most creative and impactful institution with the soul of humanity and mind of a Design Thinker.

Understanding the needs of our customers, empowering them with our exponential technologies, has been our approach to go beyond the expected and connect with them, accelerating their digital journeys and making their dreams come true. Our ground breaking solutions enable financial institutions to enable their dreams through digital transformation.

The constancy of our purpose and dream continues to fire our spirits and our pursuits – of bringing a significant positive impact in the lives of our Customers, of inspiring and challenging our Associates to build and demonstrate expertise and excellence of delivering calibrated, predictable, profitable growth to our shareholders and of contributing to the holistic and sustainable development of society and communities around us – not merely in monetary terms but by investing our time and collective efforts.

We will continue to ‘live our dream’ every day as we progress in our journey.

Warm Regards,

Arun Jain

Cover Story

Intellect hosted the first-of-its-kind one day customer workshop that explored new arrays using the principles of Design Thinking bringing together perspectives of Business, Operations and Technology functions of a bank, while keeping the customer at the center of everything we do, making it a joyous collaborative experience. Throughout the event our customers interacted with guests from the FinTech ecosystem, explored the Design Center and discussed opportunities in Cloud adoption by accelerating digital transformation.

Our Chairman and Managing Director, Mr. Arun Jain held a session on the strategic potential of Design Thinking for any organisation. This was followed by an engrossing panel discussion with industry leaders on Cloud migration strategy that touched upon key points of application modernisation helping customers to scale up and experiment.

We also had immersive learning sessions by Intellect’s thought leaders Krishna Rajaraman, Chief Technology Officer, Mohana Murali, Chief Architect – iTurmeric, Deepak Dastrala, Chief Technology Officer (India), iSEEC and Raman Jatkar, Product Management – IntellectAI on The Art Of The Possible using Composable and Contextual technology and how it helps accelerate digital transformations.

Catch a few glimpses from the event below.

Event

Product Launches, Enhancements & Partnerships

We strive to design the best-of-class products, which are contextual and help our customers succeed. Here is what is new at Intellect!

Intellect is at Sibos 2022

Intellect is excited to unveil the ‘Consumerisation of Commercial Banking’ at Sibos 2022 with our nextgen open finance, composable and contextual architecture.

Meet us at Booth E96, between the 10th-13th October, 2022 at RAI Amsterdam.


Intellect launches Magic Invoice, the world’s first ‘No Touch’ invoice processing solution powered by CDR graph technology

Our solution, powered by AI, NLP & ML is contextual and continuously learns, adapts and integrates well with existing technology ecosystems to automate end-to-end invoice processing seamlessly.


Intellect and Coherent partner to accelerate digital transformation

A strategic partnership designed to help accelerate underwriting transformation for commercial carriers, brokers, and MGAs quickly and efficiently with absolute ease.


Intellect GCB and VMware India announce strategic partnership

iGCB partners with VMware’s Tanzu cloud services to drive cost efficiencies, ensure faster go-lives and provide an enhanced banking experience to their customers.


Recent Successes & Implementation

Every new customer and every new implementation is a milestone in our success journey. Here is a round-up on all the new customers who have embraced us and also the implementations that we have completed for our existing customers!

Resources: Webinars, Whitepapers & Blogs

Explore our resources to see proof of the value we add to our customers’ operations and growth journeys.

Industry Watch

Stay up to date with what is happening in the world of FinTech, with the latest research and articles.

Banking for all generations

Conversations about ‘The Great Wealth Transfer’ have been making headlines over the past few years. A recent article in the ABA Banking Journal highlighted that more than 10,000 baby boomers are turning 65 every day. Over the next 20 to 30 years an estimated $68 trillion of wealth will transfer to their Millennial and Gen Z offspring who represent a huge part of the market today.

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How financial services are following in the footsteps of Amazon with digital identity

Even before the pandemic hit, sectors like retail, gaming or e-healthcare moved quickly to embrace the speed, convenience and experience of digital services – led by technology pioneers like Amazon or Google.

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Embedded Finance: How banks can go beyond BaaS

Embedded finance, the seamless integration of financial services adopted by non-financial companies, has been making waves in the payments industry for years. One form of it, BaaS (Banking-as-a-Service), has received particular attention for its innovation in the sector that reaps benefits in banking’s competitive market.

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