Intellect Design Arena Ltd.

Intellect Design Arena has successfully rolled-out Intellect Quantum Central Banking Solution at the Central Bank of Lesotho. The key highlight was an accelerated implementation with zero errors during migration despite complex integration with multiple external interfaces.

Central Bank of Lesotho chose Intellect because the Quantum Central banking solution is designed for Central banks, unlike other systems that use force-fitted versions of commercial core banking solutions. Strong references, an impeccable implementation record and deep expertise in central banking helped Intellect partner with Lesotho in its transformation journey.

The fully integrated Intellect Quantum Central Banking Solution includes treasury management, trade finance, currency management, foreign currency trading and liquidity support. It is equipped with a configurable System Integration Layer that seamlessly interfaces with the ERP and seven external systems. The solution is designed with a real time Enterprise General Ledger with unique Active Balance sheet and ‘data drill down to the nth level’ or drill down to the last accounting entry. This critical feature provides Central Bank of Lesotho with unmatched audit and controls capabilities.

Intellect Design Arena is a global leader in Financial Technology for Banking, Insurance and other Financial Services. It offers a digital platform that enables products across four distinct lines of businesses namely global consumer banking (iGCB), risk and treasury management (iRTM), global transaction banking (iGTB), central banking and insurance (Intellect SEEC).