Intellect Design Arena has secured three strategic contracts to implement its eMACH.ai Custody platform for non-banking financial companies (NBFCs). These wins support the growing demand for digital asset servicing, enabling institutions to modernize operations, reduce manual interventions, and scale complex custody services using the company’s signature AI-first technology framework.
The Chennai-based fintech leader expands its presence in the NBFC sector as non-bank institutions increasingly adopt sophisticated asset servicing technology.
CHENNAI — Intellect Design Arena Ltd., a global provider of AI-first financial technology, announced today that it has secured three strategic customer wins for its eMACH.ai Custody platform. The new contracts, awarded by three different non-banking financial companies (NBFCs), highlight a growing trend among non-bank financial institutions to diversify their portfolios by entering the custody and asset servicing market.
The latest wins solidify Intellect's market leadership in providing enterprise-grade infrastructure for wealth and capital markets. As NBFCs seek to expand beyond traditional brokerage and wealth management services, the eMACH.ai platform is being utilized as the core technology backbone to support complex, institutional-grade custody operations.
Expanding the Custody Ecosystem
The eMACH.ai Custody platform is designed to unify custody operations, fund accounting, fund services, and transfer agency into a single, seamless operational framework. By leveraging this AI-first architecture, the three new NBFC clients aim to modernize their legacy operations and achieve greater scalability in a competitive financial landscape.
Intellect’s technology platform offers several critical capabilities for financial institutions, including:
Real-time Reconciliation: Automated processing across all accounts to ensure accuracy.
Zero-Touch Corporate Actions: Enhancing efficiency through automated event management.
High-Velocity Processing: The ability to match and confirm over 100,000 instructions within two hours.
Operational Agility: A 75% reduction in manual interventions, allowing for more proactive client servicing.
"As financial services continue to evolve, non-bank financial institutions are increasingly looking to expand beyond their traditional brokerage, wealth management, and capital markets businesses into custody and asset servicing," Intellect Design Arena stated in its regulatory filing to the National Stock Exchange (NSE) on July 13, 2026.
Strategic Market Momentum
This announcement follows a strong start to the 2026 fiscal year for Intellect Design Arena. In earlier reports, the company noted that its eMACH.ai platform—built on a foundation of 700 microservices and over 3,000 APIs—has become a preferred choice for global financial institutions undergoing digital transformation. Intellect’s performance in the 2026 IBS Intelligence Sales League Table reinforced this dominance, with the company securing the top spot across eight major banking technology categories globally.
The company’s recent success is attributed to its "AI-First" strategy, which integrates Purple Fabric—the world's first Open Business Impact AI platform—into its suite of banking solutions. This enables institutions to move from reactive, manual processes to proactive, automated operations.
Why It Matters
The adoption of eMACH.ai by these NBFCs is significant because it signals a broader shift in the financial services sector. As non-bank entities begin to provide services traditionally dominated by large commercial banks, they require robust, scalable technology that can handle the regulatory and operational rigors of custody business. Intellect’s platform provides this readiness, effectively lowering the barrier to entry for firms looking to enter the asset servicing space. For the industry, this trend points toward increased competition and a push for more efficient, digital-first capital markets infrastructure.
Key Facts at a Glance
New Contracts: Three strategic deals with NBFCs for eMACH.ai Custody.
Platform Capability: Integrates custody operations, fund accounting, and transfer agency into a single operational backbone.
Efficiency Gains: Designed to reduce manual interventions by up to 75%.
Global Recognition: Intellect currently holds #1 global rankings across eight major banking technology categories, per the 2026 IBS Intelligence Sales League Table.
FAQ
What is eMACH.ai Custody?
It is an enterprise-grade, AI-first platform designed to support the full lifecycle of custody and asset servicing, including settlement, income processing, and reporting.
Why are NBFCs adopting this platform?
NBFCs are expanding into custody and asset servicing to diversify their revenue streams and require institutional-grade technology to manage these complex operations efficiently.
How does AI enhance custody operations in this platform?
AI-driven connected intelligence allows institutions to move from reactive to proactive operations, identifying bottlenecks and reconciliation breaks in real-time.
Source: Intellect Design Arena Regulatory Filing (NSE), Intellect Design Arena Solutions