Chennai, India, January 2, 2023: Intellect Design Arena Ltd, a cloud-native, future-ready multi-product FinTech company for the world’s leading financial and insurance clients, went live with its front office solution, RM Office Lite, at one of India’s largest private banks. The solution was earlier deployed at two of the bank’s international booking centers; this implementation is now live at one of India’s potentially major financial centers – Gujarat International Finance Tec-City (GIFT City).
Intellect Wealth Qube®’s Front Office Solution, RM Office Lite, is a design-thinking led solution modeled around the relationship managers’ day-to-day tasks. It’s composable, BIAN compliant architecture makes the solution easily scalable and innovation-led, allowing the bank to progressively modernize functionalities and add new features with the changing market conditions and business needs. The solution promises to empower relationship managers with the necessary tools to deliver hyper-personalized service to customers.
Banesh Prabhu, CEO, IntellectAI said, “Intellect recognizes the changing dynamics in wealth management and has constantly focused on refining its solution to suit the changing customer demographics and industry needs. RM Office Lite is a tailored product that addresses this private bank’s specific needs to provide hyper care to their HNI clients in a highly digitized world. Intellect Wealth ecosystem will enable the bank to innovate widely and progressively modernize with upgrades for a complete front office suite for its relationship managers. By simply plugging in advanced AI/ML capabilities, the platform will increase efficiency through hyper automation, provide hyper personalized customer experience and enforce robust compliance.”
Intellect’s end-end digital wealth platform – Wealth Qube®, a cloud-native, API-first, obsolescence proof platform, has out-of-the-box modular front, mid and back office capabilities that enable wealth and private banking businesses to innovate and scale quickly. The efficacy of the platform has been well tested and already caters to the gambit of business needs across markets. The platform has been a partner of choice for global banks, and for some visionary banks in the Middle East and the Asia Pacific partnering in their business growth vision.