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Intellect goes live with eMACH.ai Cloud for wholesale banking globally

By Gloria Mathias

October 11, 2024

  • Banking India
  • Banking News
  • Banking technology
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Intellect Global Transaction Banking (iGTB) of Intellect Design Arena has announced the global launch of eMACH.ai Cloud for Wholesale Banking.

This platform is designed to empower wholesale banks with a comprehensive suite of integrated services tailored to meet the complex needs of corporate clients across diverse industries while enabling them to modernise and scale their operations efficiently.

Wholesale banks, faced with evolving client demands, competitive pressures, and regulatory challenges, require agile and future-ready solutions. eMACH.ai Cloud for Wholesale Banking responds to these demands by offering a unified end-to-end platform that goes beyond traditional banking. It covers the full spectrum of services across cash management, trade finance, corporate lending, deposits, cards, treasury, brokerage, and foreign exchange, eliminating the need for multiple systems.

The platform is built to assist wholesale banks in unlocking new revenue opportunities, streamlining operations, and accelerating time-to-market for new products. It is an all-encompassing solution that ensures banks can maintain their competitive edge while meeting regulatory compliance and addressing Environmental, Social, and Governance (ESG) goals.

Manish Maakan, CEO of iGTB, shared, “We are thrilled to introduce eMACH.ai Cloud for Wholesale Banking, a breakthrough platform that redefines the way wholesale banks operate. By delivering a unified, integrated solution, we are enabling banks to not only enhance operational efficiency and reduce costs but also to tap into new revenue streams and accelerate their growth ambitions. In today’s dynamic market, wholesale banks need agility, and eMACH.ai Cloud gives them the tools to deliver exceptional value to their clients while driving innovation in their business models.”

Maakan added, “Our platform equips wholesale banks with everything they need to thrive in a complex financial ecosystem, from managing liquidity and meeting evolving compliance demands to achieving ESG targets and enabling sustainable finance. With eMACH.ai Cloud, banks can confidently embrace the future, secure in the knowledge that they have the most advanced technology at their disposal.”

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