Intellect Design Arena, is a Polaris Group company, a global leader in Financial Technology for Banking, Insurance and other Financial Services. A uniquely focused Products business, Intellect addresses the needs of financial institutions in varying stages of technology adoption. Intellect embodies rich Intellectual Property and robust platforms & products across Global Consumer Banking (iGCB), Central Banking, Risk & Treasury Management (iRTM), Global Transaction Banking (iGTB) and Insurance (Intellect SEEC). With over a decade of continuous and significant research and development investment, the Intellect suite is the largest in the industry. iGTB - The world's first complete Global Transaction Banking Platform. It enables the customer to seize the tremendous global transaction banking opportunity, conservatively estimated at $509bn by 2021. The formidable third generation iGTB with built-in omnichannel Corporate Banking Exchange powers the customer's way to Principal Banker position. Delivering the financial technology the customer has always needed to leverage expertise and on-field innovation without constraints. iGCB - The most advanced Consumer Banking Platform built on current technologies. Seamless omnichannel banking with lifecycle assurance optimises first time cost of ownership and technology running costs. Peerless productivity, at 70% lower post implementation costs! The crown jewel is Intellect Quantum CBS, the specialist Core Banking Solution for the unique requirements of central banks. Trusted by the central banks of India, Seychelles, Ethiopia and now in Europe, the solution deploys a formidable array of advanced technology frameworks. Running active balance sheets for nations on real-time enterprise GLs, the solution enables a single source of truth, and has a proven track record for the fastest and most cost efficient implementation. iRTM - Shifting gears from managing risk to leveraging risk for business advantage, banks turn to iRTM. The largest Treasury operations in the world run on Intellect. The Intellect Basel III LRM Solution with Zf Visualisation across 64 dimensions of risk, addresses the most arduous LRM challenges, enabling 360 swivel views and transaction-level drill downs. Intellect SEEC - One of the world's leading providers of insurance software with an extensive portfolio covering distribution, underwriting and claims. Intellect SEEC offers the right mix for Life and Non-Life Insurers to focus on their strategic imperatives while reducing time-to-market of technology initiatives by up to 60%. Intellect SEEC builds its innovative, low-cost solutions on a firm belief that while the underlying business and technology of insurance are complex, their application should not be. Intellect powers complexity reductionT in banking and insurance and the key is design thinking. Seamlessly joining the dots between Business, Technology and Operations, it unleashes unprecedented value. 8012 FT Design Center is the nerve centre for digital transformation, where better customer experience and operational excellence are delivered through Digital IN and Digital OUT technologies.
A spirit of resurgence. The soul of a start up. Nurtured by Polaris Banyan. The Polaris Group has a deep understanding of the lifecycle of money and the role of technology as a value creator. The Group has over 25 years experience in providing Banking, Financial Services & Insurance (BFSI) technology solutions. Our high performance financial technology (FT) solutions are running in over 250 financial institutions around the world. With a 96.5% repeat business metric, Polaris is resolutely customer centric. In a significant milestone in the Polaris journey, the recent demerger of the Products business was a decisive step towards unlocking enterprise value and growth opportunities for its two distinct business areas (Services and Products), which have attained critical mass. The Services Business will operate under the name of Polaris Consulting & Services Ltd. The Products Business will operate under the name of Intellect Design Arena Ltd. Polaris Banyan is the promoter of both independent businesses.
2014
- The Company equity shares are listed on the exchange and admitted to dealings on BSE in the list of group securities.
2015
-Intellect SEEC announces exclusive partnership with OutsideIQ for Insurance Risk Analytics and Discovery
-Intellect wins 'Technology Provider of the Year' Award at Central Banking Awards 2015
-Intellect wins two XCelent Awards for Advanced Technology and Breadth of Functionality
-Intellect SEEC launches the most advanced underwriting software for Commercial Insurance
- Intellect's "remarkable technology" wins big at Central Banking awards
-Intellect wins three awards at the Asian Banker Awards
2016
-Intellect won 13th consecutive award for its ESN prod UnMail
-Intellect Design Arena ties up with Halk Bank
-Intellect Design Arena to launch an app for advisors
-Intellect launches OneMARKETS a comprehensive product for Securities Trading and Asset Services
-iGTB launch Digital Transaction Banking available as SaaS
-Intellect iGTB awarded Fintech Finance Digital Transaction Banking Gold award
2017
- The company issued rights shares of Rs. 5 in the ratio of 5:22 at a premium of Rs. 81 per share.
- Intellect Design unveils end-to-end Digital Core Banking solution
-Intellect Design Arena Limited has informed that titled "Intellect Risk Analyst Bags the Prestigious SMA Innovation in Action Award".
-Intellect SEEC honored as Gold and Bronze Winner in 9th Annual 2017 Golden Bridge Awards.
-ntellect Design Arena Ltd, a digital technology product solutions provider has said that Intellect Global Transaction Banking (iGTB) and the Roosevelt Group have successfully completed the 2017 Oxford School of Transaction Banking “Last year’s school was well received by attendees drawn from across the financial services sector, achieving a magnificent Net Promoter score of 73%.
2018
The company has informed that the Authorised Share Capital of the company has been increased
from Rs.75 crores to RS.87.40 crores through the Scheme of Amalgamation between Indigo TX
Software Private Limited and Laser Soft Infosystems Limited with Intellect Design Arena
Limited.The effective date of the merger is 31 st July,2018 and the Office of the Registrar of
Companies,Tamii Nadu,Chennai has updated the Authorised Share Capital in the Master data
from RS.75 crores to Rs.87.40 crores vide Clauses 11.2 and 11.3 of the Scheme of
Amalgamation.
2019
-- 2019 the Year of Awards for Intellect GTB (iGTB) Clients: Exclusive Sponsor of the Eighth Annual Transaction Banking Awards Ceremony".
-Intellect Design Arena, a global leader in financial technology for banking, insurance, and other financial services said in a filing to Bombay Stock Exchange that a prestigious engagement with the Bank of Mongolia, the Central Bank of Mongolia. In partnership with IT Zone LLC of Mongolia, Intellect will implement its award-winning Quantum Central Banking Solution. The solution is well poised to accelerate the Bank of Mongolia's digital transformation initiatives under the Payment System Modernization project funded by Asian Development Bank (ADB).
-Intellect Design Arena Ltd, a specialist in applying true Digital Technologies and a global leader in Financial Technology across Banking and Insurance, said that it has been positioned as a leader in the IDC MarketScape: Worldwide End-toEnd Corporate Banking Solution Providers 2019 Vendor Assessment (doc # EMEA44888719, March 2019).
2020
ntellect Design Arena Limited has informed the Exchange regarding a press release dated December 23, 2020, titled "Media Release - Intellect Wealth with MAS APIX platform announced winners for Most Innovative API/Open Banking Project at the IBSI Global Fintech Innovation Awards 2020.".
-Intellect Design Arena has won the IDC Real Results Award 2020 in the "Efficiency and Agility" category for its Digital Wealth Transformation Solution at CIMB Thai Bank.
Aligning with the Bank's aspiration to be a purely digital bank, Intellect's digital wealth solution for CIMB Thai empowered Bank's Relationship Managers (RMs) to deliver on-the-go advisory with a completely de-desked solution (only tablets).
Please find enclosed herewith a copy of proposed Media Release dated 16th October, 2020 titled as "Intellect Wealth Announced Winner in the 2020 IDC FinTech Rankings Real Results Award for Digital Wealth Transformation at CIMB Thai Bank".
2021
-Intellect Digital Core powered Cater Allen wins the IBSi NeoChallenger Bank Award.
-Intellect Design Arena Limited has informed that "Intellect Global Transaction Banking (iGTB) achieves SWIFT Certified 2021 status for its market-leading intelligent Trade Finance product".
-Intellect Design Arena Ltd, a cloud-native, future-ready multi-product FinTech company for the world's leading financial and insurance clients, said that China Banking Corporation (China Bank), one of the largest universal banks in the Philippines, has gone live with its Digital Trust and Wealth Management solution using Intellect's WealthQube suite.
China Bank now joins the ranks of the very few financial institutions in Asia Pacific with 100% digitised Trust and Wealth Management operations. With Intellect's WealthQube suite, China Bank has acquired the unparalleled ability to service customers in real time, including providing them with their financial statements in real time.
2022
-Intellect Global Consumer Banking Sets New Benchmark in Quality - Awarded Prestigious CMMI V2.0 Maturity Level 5 Certification.
-Intellect wins big at the IBS Annual Sales League Table 2022 with Six #1 Global Leadership Positions.
2023
-Intellect launched iGTB Copilot: AI-powered Commercial & Corporate Banking Suite.
-"iGCB and Co-operative Bank of Kenya jointly win The Asian Banker Global Middle East and AfricaAwards 2023 for Best Omni-Channel Technology Implementation".
-Intellect Launches eMACH.ai - The World's Largest Open Finance based Core Banking Platform on Cloud with pre-integrated Marketplace for UK and Europe
-Intellect Announces collaboration with Amazon Web Services".
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