-19.65 (-2.13%) iGTB the transaction banking and technology specialist from Intellect Design Arena has been selected by Bangkok Bank, Thailand's market leader in corporate and small and medium-sized enterprise (SME) banking, as a technology partner to implement a comprehensive cash management platform and corporate portal.
The self-service digital portal will integrate a number of previously separate platforms, giving the bank's clients from SMEs through to multinational corporations — a consistent and consolidated view of their working capital and payments activities, irrespective of the country they operate in. The solution will also provide considerable benefits for the bank, with back-end processing of transactions, risk management and reporting all centralised and handled in one place — leading to vast improvements in STP rates.
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).