New Launch10 Oct 2024, 05:07 pm
Intellect Design Arena Launches eMACH.ai Cloud for Wholesale Banking, Unlocking New Revenue Opportunities and Streamlining Operations
AI Summary
Intellect Design Arena Ltd, through its transaction banking division Intellect Global Transaction Banking (iGTB), has globally launched eMACH.ai Cloud for Wholesale Banking. This first principle based platform aims to empower wholesale banks with a comprehensive suite of integrated services, tailored to meet the complex needs of corporate clients across diverse industries. The platform is designed to assist wholesale banks in unlocking new revenue opportunities, streamlining operations, and accelerating time-to-market for new products, all while maintaining regulatory compliance and addressing Environmental, Social, and Governance (ESG) goals.
Key Highlights
- Unified end-to-end platform covering full spectrum of services across cash management, trade finance, corporate lending, deposits, cards, treasury, brokerage, and foreign exchange.
- Elimination of multiple systems leading to operational efficiency and cost optimization.
- Tailored solutions for diverse sectors such as real estate, logistics, e-commerce, manufacturing, and healthcare.
- Support for continuous modernization, easy upgrades, and integration of ESG and Sustainable Finance features.
- Potential for significant lowering of operational costs through improved automation and process integration.