Intellect Design Arena Ltd.

BSE: 538835 | NSE: INTELLECT
Small Cap | IT - Software
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Intellect Design Arena’s arm appraised at Maturity Level 5 on CMMI

Date: 26-09-2022

Intellect Design Arena’s retail and central banking arm -- Intellect Global Consumer Banking (iGCB) has been appraised at Maturity Level 5 on the CMMI (Capability Maturity Model Integration) V2.0 for capabilities in both development and services. The appraisal was performed by SterlingQ. CMMI is a proven, outcome-based performance model and the globally accepted standard for improving capability, optimizing business performance and aligning operations to business goals.

iGCB has been constantly striving to improve standards, processes and procedures to develop better products faster and at a lower cost. CMMI ML5 is the highest appraisal rating that can be achieved, and is reserved for organizations that demonstrate true process optimization. The rating indicates that iGCB is performing at an “optimizing” level and is continually improving its processes based on a quantitative understanding of its business objectives and performance needs.

Intellect Design Arena, a global leader when it comes to applying true digital technology, is the world’s first financial tech company that covers the entire spectrum of banking and insurance needs with its wide suite of products.