Intellect Design Arena Ltd.

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HDFC Bank of Sri Lanka selects Intellect’s CBS to transform its core banking operations

Date: 12-05-2015

Intellect’s Digital Core (Core Banking Solution) has been chosen by HDFC Bank of Sri Lanka, (51%) government owned Licenses specialized bank in Sri Lanka, to transform its core banking operations in the region. The solution, packaged with an integrated set of products from the Digital-ready Intellect suite of products, will drive Operational, Technological, Implementation and Support excellence at a very low Total Cost Ownership (TCO) for the bank.

This is Intellect’s fifth CBS deal in Sri Lanka and the second deal in the public sector, making Intellect a leading partner of choice for CBS installations in the region. Intellect Digital Core, based on powerful technology suite, coupled with superior software design, can help banks become the principal bank of every customer by redefining customer experience.

Intellect’s flagship CBS is a functionally rich solution customized for HDFC Bank in Sri Lanka replacing the bank’s existing legacy system transforming the entire gamut of banking operations.

Intellect Design Arena is a Polaris Group company, a global leader in Financial Technology for Banking, Insurance and other Financial Services. 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).