Key Announcement
Intellect Design Arena Limited announced three strategic customer wins for its eMACH.ai Custody platform. The engagements are with Non-Banking Financial Services (NBFC) institutions and reinforce the company's growing leadership in enabling financial services institutions to establish modern custody and asset servicing businesses.
Product Details
eMACH.ai Custody serves as a core capability within Intellect's AI-First Wealth and Capital Markets portfolio. The platform features:
- Composable, cloud-native and API-first architecture
- Integrated capabilities across custody, fund accounting, transfer agency, investor servicing and post-trade operations
- Institutional-grade automation across client onboarding, trade processing, clearing and settlement, corporate actions, fee management, fund accounting and regulatory reporting
- Intelligent workflows and seamless integration with trading, treasury, clearing and market infrastructure systems
Strategic Rationale
The wins address the trend of non-bank financial institutions expanding beyond traditional brokerage, wealth management and capital markets businesses into custody and asset servicing. The platform enables institutions to build a connected investment servicing ecosystem on a single technology foundation rather than deploying standalone custody solutions.
Management Commentary
Ramanan SV, CEO-India & South Asia, Intellect Design Arena Limited, commented: "Custody is emerging as a strategic growth opportunity for non-bank financial institutions looking to broaden their Wealth and Capital Markets offerings. As institutions enter the custody and asset servicing domain, they need more than a technology solution; they need a business foundation that enables continuous expansion."
Company Background
Intellect Design Arena Limited is a global leader in AI-First, enterprise-grade financial technology with three decades of domain expertise. The company serves over 500+ customers across 62 countries with composable, intelligent platforms across Wholesale Banking, Consumer Banking, Central Banking, Wealth, Capital Markets, Treasury, Insurance and Digital Technology for Commerce.