iGTB Intellect deploys its CTX platform for Societe Generale

By Gloria Methri

Intellect Global Transaction Banking (iGTB), the transaction banking specialist from Intellect Design Arena Ltd, announced that its Corporate Treasury Exchange (CTX) platform powered by eMACH.ai architecture, has been successfully implemented in France by Société Générale.

CTX provides a comprehensive suite of tools for corporate treasurers to automate real-time liquidity management across multiple accounts, and currencies, held at multiple banks across geographies.

The platform fully automates the movement of cash balances to provide corporate clients with the optimal cash pooling experience.

According to Nicolas Cailly, Head of Payments, and Cash Management at Societe Generale, “Societe Generale is proud to offer iGTB’s CTX platform in France, a best-in-class cloud-native cash pooling and real-time liquidity management solution for large corporates. With liquidity management being an increasing area of focus, Société Générale offers ever more complete and innovative services, and brings further value to its clients.”

iGTB CEO, Manish Maakan said, “I take immense pride in our successful partnership with Societe Generale in the French market, and I am excited to expand our relationship further. The positive feedback and trust we have received from Société Générale and the wider banking community speak volumes about our shared commitment to technological advancement, navigation of complex digital transformations and ensuring customer satisfaction and client confidence.”

“At iGTB, our transaction banking software empowers corporate banks to achieve their business objectives of making, moving, and managing money with remarkable efficiency. With a comprehensive range of functionalities including Corporate DDA services, liquidity management, virtual accounts, BaaS, deposit management, cash forecasting, and investments, our CTX solutions prioritise the management of money, empowering banks to deliver superior commercial banking services to consumers.”