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