In March 2014, Phillips Consulting, in keeping with the long-standing strategy of establishing global alliances, partnered with Intellect Design Arena, a digital transformation expert and a global leader in banking, insurance and other financial services.
Intellect Financial Technology employs a holistic view of banking where it observes patterns, unearths blind spots and connects the dots. It is guided by powerful platforms and high performance practices. The organization has developed deep competencies in providing solutions across its full spectrum of offerings that include Testing, Infrastructure Management, Business Efficiency, Business Transformation, Data & Analytics, Mobility & Channels, and Risk & Compliance. Today, Intellect high performance FT solutions run in over 250 financial institutions around the world. The company has the scale and intellectual capital to tackle programs of any size to meet client’s need.
About Intellect Design Arena Ltd:
Intellect Design Arena Ltd, a specialist in applying true digital technologies, is the world’s first full spectrum Banking and Insurance technology products company, across Global Consumer Banking (iGCB), Central Banking, Global Transaction Banking (iGTB), Risk, Treasury and Markets (iRTM), and Insurance (Intellect SEEC). With over 25 years of deep domain expertise, Intellect is the brand that progressive financial institutions rely on for digital transformation initiatives.
Intellect pioneered Design Thinking for cutting edge products and solutions for Banking and Insurance, with design being the company’s key differentiator in enabling digital transformation. FT8012, the world’s first design centre for Financial Technology, reflects Intellect’s commitment to continuous and impactful innovation to address the growing need for digital transformation. Intellect generates annual revenues of more than USD 124 million, serving more than 200 customers through offices in 40+ countries and with a diverse workforce of more than 4,000 solution architects, domain and technology experts in major global financial hubs around the world. For further information on the organization and its solutions, please visit www.intellectdesign.com
Our partnership with Intellect Design Arena aligns with our mission to help push Africa to the forefront of the global economy by devising strategies, designing innovative systems and developing people towards improving system efficiency and excellence.
Our offerings are
Intellect Global Transaction Banking with Supply Chain Finance
Intellect GTB Platform enables the transformation of banks from mere transactional banks to treasury banks. This platform places the corporate at the center of the product philosophy and provides banks with a highly flexible and parameterized work bench to create offerings that best address the particular market or even an individual customer. The GTB platform provides various avenues for the corporate to optimize its cash positions, in turn, helping it reduce the interest burden or maximize the return on idle burden. It also enables a bank address a wide spectrum of the business world from Small Medium Enterprises (SME) to large corporate organizations over a single unified platform.
One Treasury Platform
The solution enables Treasurers go beyond execution to making insightful decisions. Early visibility of risk concentrations and related data is critical for management in today’s heavily regulated financial environment and also paramount in evolving the risk mitigation techniques to alleviate internal crisis. One Treasury Platform Solution should accelerate a bank towards the provision of a Quantitative Risk Management Framework (QRMF) that regulators require.
One Treasury Platform is a solution that provides proactive supply of the risk sensitivity to business drivers and allows C-Level Management to maximize advantages in arbitrage opportunities, and also enables Risk Managers to monitor, manage and control their global exposure.
Intellect Retail Banking eXchange
Customers are increasingly relying on their bank to proactively uncover their financial needs and deliver the appropriate solutions in a quick and efficient manner. It is vital for banks to engage these new age customers through easy, seamless channel experience to simplify the day-to-day banking experience and become the principal banker of the customer.
Intellect Retail Banking eXchange (RBX) is an internet, mobile and digital branch solution which meets the current and future requirements of the banking world. Intellect RBX helps the banks achieve their digital banking vision with enhanced user experience and consistency across channels. Built on the game-changing Canvas Technology, the Omni Channel Solution offers a unique App Based User Experience that introduces simplicity and speed to online banking experience.
Intellect Digital Branch
Intellect Digital Branch is a product built on the Canvas Technology framework. It provides a rich set of sales, service and teller app that caters to the demands of modern banks. The apps are designed to allow banks make targeted offerings to potential customers, perform quicker customer acquisition and efficient customer servicing through the holistic 360 degree customer view.
Intellect Collect a flexible, automated IT solution, compliant with applicable regulations, makes debt collection a lot easier. Intellect®Collect, our Receivables Management Solution, helps banks manage complex debt scenarios with appropriate collection strategies. It covers both collections and recovery, with a customer-centric follow-up, dialler interface, versatile configurability and quick implementation of strategies.
It helps your credit management system sense potential Non Performing Assets (NPAs) early enough and has the ability to build effective segmentation strategies. We are sure you would appreciate the importance of having clear strategies for collections. The debt management solution encompasses business strategy design and operation strategy design for organization revenue protection and maximization.
Intellect Corporate Business Exchange
Intellect Core Banking Application
Intellect Loan Origination
Intellect Basel 3 etc.