Intellect Design Arena Ltd is making waves in global financial technology, securing a multi-year, multi-million dollar deal with a leading UK-based brokerage while propelling CJK Bank’s international expansion through its cutting-edge eMACH.ai platform.
Key Highlights:
eMACH.ai Empowers Global Banking: Intellect’s eMACH.ai platform, a codeless, cloud-native, and composable open finance solution, is now at the heart of CJK Bank’s global growth strategy. The platform enables seamless digital engagement, unified customer journeys, and rapid product innovation for retail, SME, and corporate banking, giving CJK Bank a competitive edge as it targets new markets.
Major UK Deal Secured: Intellect’s Insurtech arm, Intellect AI, inked a ₹200 crore (multi-million dollar) multi-year contract with a prominent London-based brokerage. The deal will see the deployment of Intellect’s Purple Fabric platform, Magic Submission, and Xponent solutions, streamlining the brokerage’s underwriting and policy placement processes with AI-driven automation and digital transformation.
Rapid Global Adoption: In Q3 FY25 alone, eMACH.ai scored 11 new deal wins and 16 digital transformation projects across the Americas, Europe, Africa, and the Middle East, underlining its growing influence in the banking technology sector.
Strategic Partnerships and Recognition: Intellect’s recent opening of a Global Partnership Office in Bengaluru and alliances with industry giants such as AWS and Microsoft reinforce its leadership in fintech innovation, while market analysts continue to endorse eMACH.ai as a transformative platform for the future of banking.
With these strategic moves, Intellect Design Arena is not just expanding its footprint but redefining digital banking and insurance for a new era of global finance.
Source: Intellect Design Arena, CNBC TV18, Business Standard