Intellect Design Arena wins six awards with #1 Global Leadership Positions

10 Jun 2022 , 02:16 PM

Intellect DesignArena Ltd, has registered a remarkable record-breaking achievement of six wins including Global Leader in Product Breadth in its 2022 edition by the UK-based independent analyst firm, IBS Intelligence. Intellect has retained its #1 ranking in Retail Banking for the sixth consecutive year, #1 ranking in Transaction Banking for the third consecutive year and #1 ranking in InsurTech for the second consecutive year. The company is also ranked #1 in Retail Lending in the IBSi Leadership Club.

IBSi’s Annual Sales League Table is a Widely-accepted industry benchmark for the performance of global banking technology solutions. The Sales League Table has been running for overtwo decades now and is recognised as a barometer for financial technology supplier sales performance across the banking industry.

Intellect Global Consumer Banking (iGCB), the retail banking arm of Intellect, has retained its #1 Global Leadership position in Retail Banking for the sixth year in a row in a highly competitive segment. iGCB offers an end-to-end contextual banking suite including core, lending, cards, central banking and digital channel solutions for retail and corporate banks across the globe. The award winning platform ensures a unique blend of integrated functionality and agility with its micro services-based, API-first, cloud-native architecture and powerful integration capabilities.

Intellect Global Transaction Banking (iGTB), the world’s first complete Global Transaction Banking platform, retains its #1 Global Leadership position in Transaction Banking in a highly competitive segmentforthe third consecutive year. iGTB has also retained its#l ranking as the best-selling Wholesale Banking – Transaction Banking system. iGTB spearheads the consumerization of corporate banking through composable, cloud-native platform powered by microservices and Open Banking APls.

Its Contextual Banking Experience (CBX) is a rich omni-channel suite that covers all Transaction Banking needs (Digital, Payments, Cash Management, Virtual Accounts, liqUidity, iColumbus.ai Trade and Supply Chain and more). iGTBwith its highly successful iGTBOxford School ofTransaction Banking initiative is designed to leverage best-practices, stories, challenges, learning and successes to enable banks to meet their Principal Bankerambition forcorporate customers.

At around 2:16 PM, Intellect Design Arena was trading at Rs645.55 apiece down by Rs16.9 or 2.55% on the BSE.