intellect® · 3/20/2020  · intercompany loans and virtual accounts, as well as...

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Inteliect/SEC/2019-20 1. National Stock Exchange of India Ltd., Exchange Plaza, 5th Floor, Plot No. C11, G Block, Bandra Kurla Complex, Bandra (El, Mumbai - 400 051. 2. BSE Ltd. 1st Floor, New Trade Ring, Rotunda Building, PJ Towers, Dalal Street, Fort, Mumbai - 400 001. Dear Sirs, intellect® Design for Digital 20'" March, 2020 SCrip Code: INTElLECT Scrip Code: 538835 Sub: Media Release - Intellect announces a large deal win with Middle East's Second-Largest Financial Institution. iGTB, the world's first complete Global Transaction Banking Platform from the house of Intellect Design Arena Limited, today announced that Middle East's second-largest bank has expanded its relationship with iGTB to enhance the bank's liquidity management capabilities. The Liquidity Management Solution from iGTB empowers corporate treasurers with pooling, sweeping, intercompany loans and virtual accounts, as well as policy-driven automated investment sweeps, cash flow forecasting and real-time funds checking. The system delivers sophisticated automation and comprehensive analysis for more informed decision within corporate treasury departments. iGTB is the market leader in corporate liqUidity management and partners banks worldwide. Please find enclosed herewith a copy of proposed Media Release dated March 20, 2020 titled as "Middle East's Second-Largest Financial Institution chooses iGTB's integrated Liquiditv Management Solution to power digital transformation". Kindly take the above information on record. Yours truly, for Intellect Design Arena Limited. VVNaresh Company Secretary and Compliance Officer Intellect DesIgn Arena Limited -------- Registered Office: 244 Anna Salai. Chennai - 600 006, India I Ph: +91-44-6615 5100 I Fax: +91-44-6615 5123 Corporate Headquarters: SiPCOT IT Park Siruseri, Chennai - 600 130, India I Ph: +91-44-6700 8000 I Fax: +91-44-6700 8874 E-mail: [email protected] I www.inteliectdesign.com New York London Dubai Singapore Sydney Toronto Tokyo Mumbai Delhi Chenoai aN No.l72900TN2011 PlCQ80183

Transcript of intellect® · 3/20/2020  · intercompany loans and virtual accounts, as well as...

Page 1: intellect® · 3/20/2020  · intercompany loans and virtual accounts, as well as policy-drivenautomated investment sweeps, cash flow forecasting and real-time funds checking. The

Inteliect/SEC/2019-20

1. National Stock Exchange of India Ltd.,

Exchange Plaza, 5th Floor, Plot No. C11, G Block, Bandra Kurla Complex,

Bandra (El, Mumbai - 400 051.

2. BSE Ltd.

1st Floor, New Trade Ring, Rotunda Building, PJ Towers,

Dalal Street, Fort, Mumbai - 400 001.

Dear Sirs,

intellect®• • Design for Digital

20'" March, 2020

SCrip Code:

INTElLECT

Scrip Code:

538835

Sub: Media Release - Intellect announces a large deal win with Middle East's Second-Largest Financial

Institution.

iGTB, the world's first complete Global Transaction Banking Platform from the house of Intellect Design

Arena Limited, today announced that Middle East's second-largest bank has expanded its relationship

with iGTB to enhance the bank's liquidity management capabilities.

The Liquidity Management Solution from iGTB empowers corporate treasurers with pooling, sweeping,

intercompany loans and virtual accounts, as well as policy-driven automated investment sweeps, cash

flow forecasting and real-time funds checking. The system delivers sophisticated automation and

comprehensive analysis for more informed decision within corporate treasury departments. iGTB is the

market leader in corporate liqUidity management and partners banks worldwide.

Please find enclosed herewith a copy of proposed Media Release dated March 20, 2020 titled as

"Middle East's Second-Largest Financial Institution chooses iGTB's integrated Liquiditv Management

Solution to power digital transformation".

Kindly take the above information on record.

Yours truly,for Intellect Design Arena Limited.

~VVNaresh ~Company Secretary and Compliance Officer

Intellect DesIgn Arena Limited --------Registered Office: 244 Anna Salai. Chennai - 600 006, India I Ph: +91-44-6615 5100 I Fax: +91-44-6615 5123Corporate Headquarters: SiPCOT IT Park Siruseri, Chennai - 600 130, India I Ph: +91-44-6700 8000 I Fax: +91-44-6700 8874E-mail: [email protected] I www.inteliectdesign.com

New York • London • Dubai • Singapore • Sydney • Toronto • Tokyo • Mumbai • Delhi • Chenoai aN No.l72900TN2011 PlCQ80183

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Middle East’s Second-Largest Financial Institution Liquidity Management

Empowering UAE’s largest Banknew capabilities in the area

Dubai, 20th March, 2020: iGTB, the world’s first complete Global Transaction Banking Platform from the house of Intellect Design Arena Limited, bank has expanded its relationship withcapabilities.

The Liquidity Management Solution from sweeping, intercompany loans and virtual accountssweeps, cash flow forecasting automation and comprehensive analysis departments. iGTB is the market leader in corporate liquidity management and worldwide. Its applications for transaction banking sportself-service, front-end that delivers aand retain corporate clients.

“We are delighted toMiddle East,underlines our market leadership in the Middle East, with iGTB being the preferred go

much the world’s best corporate banksCEO, iGTBenhancements to the the bank’s

enabling it to prepare for future growth and

iGTB’s proven Liquidity Management are also users of iGTB’s Digital Transaction Banking suiteIT estates and the strength of iGTB in the are benefitting from this worldMNC sweeping structure flows and is present in more thregional tax compliance options to ensure a smooth operation

Largest Financial Institution chooses iGTB’s integrated Liquidity Management Solution to power digital transformation

Bank to differentiate their client offerings through significanew capabilities in the area of liquidity management

the world’s first complete Global Transaction Banking Platform from Design Arena Limited, today announced that Middle East’

has expanded its relationship with iGTB to enhance the bank’s liquidity management

Management Solution from iGTB empowers corporate treasurers withsweeping, intercompany loans and virtual accounts, as well as policy-driven automated

and real-time funds checking. The system delivers sophisticated automation and comprehensive analysis for more informed decision within corporate treasury

market leader in corporate liquidity management and Its applications for transaction banking sport a world-class comprehensive

end that delivers a faster, simpler and seamless experience

We are delighted to extend our partnership with second-largest bank, and this significant expansion in liquidity management capabilitiesour market leadership in the Middle East, with iGTB being the

preferred go-to partner for transaction banks. The deal win the world’s best corporate banks, bank on iGTB,” said

CEO, iGTB. He further added, “The implementation of the latest enhancements to the bank’s liquidity management capabilities will boost the bank’s product innovation and allow for operational excell

prepare for future growth and expansion.”

anagement Solution is already used by several other UAE banksusers of iGTB’s Digital Transaction Banking suite, illustrating the attraction of consolidating

IT estates and the strength of iGTB in the Middle-East. More than 30 other global banking groups om this world-leading solution which handles 23% of the world’s cross

MNC sweeping structure flows and is present in more than 70 countries with regulatory and liance options to ensure a smooth operation and strong corporate governance

iGTB’s integrated to power digital transformation

to differentiate their client offerings through significant

the world’s first complete Global Transaction Banking Platform from Middle East’s second-largest

quidity management

treasurers with pooling, driven automated investment

. The system delivers sophisticated within corporate treasury

market leader in corporate liquidity management and partners banks comprehensive digital,

to help banks gain

largest bank in the expansion in liquidity management capabilities

our market leadership in the Middle East, with iGTB being the The deal win reinforce show

said Manish Maakan, The implementation of the latest

ank’s liquidity management capabilities will boost product innovation and allow for operational excellence,

other UAE banks, which , illustrating the attraction of consolidating

East. More than 30 other global banking groups handles 23% of the world’s cross-border

an 70 countries with regulatory and and strong corporate governance.

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About iGTB:

The World’s Best Corporate Banks Bank on iGTB

iGTB is the world’s first complete Global Transaction Banking Platform from the house of Intellect help Corporate Banks prepare for a new era of customerproducts, across DTB, Payments, Liquidity, Trade and Supply Chain Supply, iGTB is an authority on vertical and integrated products that enable banks to meet theircustomers. iGTB seamlessly integrate all transaction needs of corporate customers, delighting them with Contextual Banking eXperience (CBX), a white label digital transaction banking platform to managcash and trade that leverages Machine Learning and predictive analytics, delivered through APIs and an omnichannel UX. For more information on iGTB, please visit

About Intellect Design Arena Limited

Intellect Design Arena Ltd., a global leader when it comes to applying true digital technology, is the world’s first financial tech company that covers the entire spectrum of banking and insurance needs with its wide suite of products. It does so via its four lines of business, namelTransaction Banking), Risk, Treasury and Markets and Insurance Softwareexpertise, today Intellect is a brand name that progressive financial and for digital transformation initiatives.

Intellect pioneered Design Thinking for cuttingbeing the company’s salient differentiator when enablingfirst design centre for financial technology, reflects Intellect’s commitment to continuous and impactful innovation, such that the growing need for digital transformation may be aptly addressed and answerIntellect generates annual revenues of more than USD 208through offices in 90+ countries. For further information about the company and the various solutions it offers, please visit https://www.intellectdesign.com/

For Media related info, please contact: Nachu Nagappan Intellect Design Arena Ltd Mob: +91 89396 19676 Email: [email protected]

Best Corporate Banks Bank on iGTB

is the world’s first complete Global Transaction Banking Platform from the house of Intellect help prepare for a new era of customer-centric Services. With a rich suite of transaction banking

products, across DTB, Payments, Liquidity, Trade and Supply Chain Supply, iGTB is an authority on vertical and integrated products that enable banks to meet their ambition to be the Principal Banker to their corporate customers. iGTB seamlessly integrate all transaction needs of corporate customers, delighting them with Contextual Banking eXperience (CBX), a white label digital transaction banking platform to managcash and trade that leverages Machine Learning and predictive analytics, delivered through APIs and an

For more information on iGTB, please visit https://www.igtb.com/

Arena Limited

a global leader when it comes to applying true digital technology, is the world’s first financial tech company that covers the entire spectrum of banking and insurance needs with its wide

via its four lines of business, namely, Global Consumer BankingTransaction Banking), Risk, Treasury and Markets and Insurance Software. With over 25 years of deep domain expertise, today Intellect is a brand name that progressive financial institutions look to for their digital needs, and for digital transformation initiatives.

hinking for cutting-edge banking and insurance products and solutions, with that being the company’s salient differentiator when enabling digital transformation. FinTech 8012, the world’s first design centre for financial technology, reflects Intellect’s commitment to continuous and impactful innovation, such that the growing need for digital transformation may be aptly addressed and answer

al revenues of more than USD 208 million, by serving more than 200+ countries. For further information about the company and the various solutions it

https://www.intellectdesign.com/.

For Media related info, please contact:

[email protected]

For Investor related info, please contact:Praveen Malik Intellect Design Arena Limited Mob: +91 89397 82837 Email: [email protected]

is the world’s first complete Global Transaction Banking Platform from the house of Intellect help centric Services. With a rich suite of transaction banking

products, across DTB, Payments, Liquidity, Trade and Supply Chain Supply, iGTB is an authority on vertical and ambition to be the Principal Banker to their corporate

customers. iGTB seamlessly integrate all transaction needs of corporate customers, delighting them with Contextual Banking eXperience (CBX), a white label digital transaction banking platform to manage firms’ cash and trade that leverages Machine Learning and predictive analytics, delivered through APIs and an

a global leader when it comes to applying true digital technology, is the world’s first financial tech company that covers the entire spectrum of banking and insurance needs with its wide

y, Global Consumer Banking, iGTB (Global . With over 25 years of deep domain

institutions look to for their digital needs,

edge banking and insurance products and solutions, with that digital transformation. FinTech 8012, the world’s

first design centre for financial technology, reflects Intellect’s commitment to continuous and impactful innovation, such that the growing need for digital transformation may be aptly addressed and answered.

million, by serving more than 200 customers + countries. For further information about the company and the various solutions it

For Investor related info, please contact:

[email protected]