Intellect Design Arena Ltd.

BSE: 538835 | NSE: INTELLECT
Small Cap | IT - Software
922.30
8.15 (0.89%)
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Intellect Design Arena shines on launching ‘CBX-O’ end-to-end loan origination platform

Date: 19-02-2020

Intellect Design Arena is currently trading at Rs. 143.80, up by 5.85 points or 4.24% from its previous closing of Rs. 137.95 on the BSE.

The scrip opened at Rs. 138.80 and has touched a high and low of Rs. 144.60 and Rs. 137.20 respectively. So far 41807 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 292.00 on 15-Jul-2019 and a 52 week low of Rs. 133.00 on 17-Feb-2020.

Last one week high and low of the scrip stood at Rs. 154.75 and Rs. 133.00 respectively. The current market cap of the company is Rs. 1904.23 crore.

The promoters holding in the company stood at 31.40%, while Institutions and Non-Institutions held 25.80% and 42.80% respectively.

Intellect Design Arena has launched Contextual Banking eXperience-Origination (CBX-O) a cloud based, end-to-end loan origination product to re-imagine the loan origination. This platform will allow financial institutions to automate processes, streamline operations, save operational costs and provide a superior customer experience.

CBX-O is a cloud-based end-to-end loan origination platform designed to deliver intelligent credit decisions. The platform is powered by AI & ML for data aggregation and credit risk analysis that gives real-time contextual insights, while driving greater productivity across the entire credit ecosystem.

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).