Intellect Design Arena Ltd.

Intellect Design Arena has successfully rolled-out its complete end-to-end Digital Core Banking solution at Utkarsh Small Finance Bank. The idea was to leverage its expertise and create a customer centric bank to provide financial and non-financial support to the under privileged segments of society and Impart self-employment skills to its members.

With an aggressive plan to rapidly on-board customers, Utkarsh was looking for a robust solution that could scale up on demand and help achieve its vision of to be the trusted financial service provider for over 10 million customers by 2021. One of the key requirements was to have a Joint Liability Group (JIG) solution which would enable the Bank to provide group loans to service its microfinance business.

Intellect provided Utkarsh with a completely hosted Digital Core Banking solution that includes Loans, Deposits, Internet Banking, Mobile Banking, Digital Branch and Tablet Banking while also designing & developing the critical JLG solution in-house.

Intellect Design Arena is a digital technology product solutions provider to the Banking and Insurance industry, across Global Consumer Banking (iGCB), Central Banking, Global Transaction Banking (iGTB), Risk, Treasury & Markets (iRTM) and Insurance (Intellect SEEC).