Latest news with #Intellect
Associated Press
3 days ago
- Business
- Associated Press
Intellect launches PF Cloud, World's First Open Business Impact AI Platform, Purple Fabric on Cloud at GIFT City
Built on PF Cloud at GIFT City, Purple Fabric enables enterprises to shift from AI experimentation to measurable business impact 'With this launch, we are not offering another AI tool, we are laying the foundation for enterprise transformation'— Arun Jain, Chairman and Managing Director of Intellect GIFT CITY, INDIA, June 26, 2025 / / -- Intellect Design Arena Ltd, a global leader in first-principle-based enterprise-grade financial technology, today announced the launch of PF Cloud, the world's first Open Business Impact AI Platform, Purple Fabric on PF Cloud at GIFT City, India's flagship International Financial Services Centre (IFSC). Anchored in GIFT City's globally competitive, regulation-compliant ecosystem of fintechs, global banks, regulators, and infrastructure providers, this strategic launch marks a significant step in advancing India's vision of becoming a Global AI Services Hub. Intellect's Open Business Impact AI Platform on PF Cloud is a culmination of over a decade of research and 20 million engineering hours, designed to help enterprises move from experimentation to enterprise-grade, accountable AI adoption. Arun Jain, Chairman and Managing Director of Intellect and Chief Architect of Purple Fabric, said, 'With this launch, we are not offering another AI tool, we are laying the foundation for enterprise transformation. Purple Fabric, the Open Business Impact AI Platform on PF Cloud at GIFT City is purpose-built for delivering business impact. It empowers institutions to build intelligence into the very fabric of their operations while staying compliant, secure, and scalable.' Reimagining AI for the Enterprise Purple Fabric redefines the way enterprises engage with Artificial Intelligence. While many organisations are trapped in the 'pilot paradox', testing horizontal tools without measurable outcomes, Purple Fabric delivers a fundamentally new approach. It moves away from generic AI assistance to enterprise-wide, agentic AI systems, powered by design thinking and anchored in contextual business knowledge. Built using the principles of First Principles Thinking, Design Thinking, and System Thinking, Purple Fabric enables organisations to construct an enterprise-grade AI operating layer with embedded governance, traceability, and performance optimisation. It allows institutions to shift from siloed experimentation to connected intelligence, unlocking both scale and speed. Hosted within GIFT City's IFSC, PF Cloud is a sovereign, cloud-native infrastructure designed for secure and compliant AI innovation. It offers a robust foundation for institutions seeking to operate across borders while ensuring adherence to local data and governance mandates. It provides a data-localised, compliance-aligned environment suited for regulated industries, with granular, role-based governance that enables auditability, traceability, and control. Its architecture supports secure, multi-tenant deployments through workspace-level isolation and is built to scale for high-performance enterprise delivery across jurisdictions. This launch positions PF Cloud as a catalyst for enterprise AI adoption within the trusted policy and regulatory framework of GIFT City. Built on Four Powerful Technology Stacks Purple Fabric is architected as a composable AI platform, unifying knowledge, AI agents, model orchestration, and enterprise governance into a single, deployable foundation. It is built on four integrated technology stacks: - Enterprise Knowledge Garden (PF EKG): Serves as the enterprise's curated memory, bringing together structured data, unstructured content, and tacit institutional knowledge. It creates the contextual backbone for all AI responses, enabling reasoning, decision support, and consistent enterprise-wide understanding. - Enterprise Digital Experts (PF EDE): Designed to work alongside human teams. These experts bring over 95% accuracy and are tailored for functional roles across customer engagement, operations, compliance, and more, enabling rapid deployment of AI use cases without the cost or risk of building from scratch. - Enterprise Governance (PF GOVERN): Establishes a robust, federated governance layer across all AI activities. It provides built-in controls for explainability, entitlement, traceability, and compliance. With role-based access, audit trails, and policy enforcement, enterprises can confidently scale AI with assurance of regulatory alignment and operational integrity. - LLM Model Optimisation Hub (PF MOH): PF MOH intelligently orchestrates the use of large language models, selecting the right model for the right task based on parameters like accuracy, latency, and cost. It enables enterprises to balance performance and efficiency while retaining full control over model behaviour, mitigating risks and optimising AI investments. Rather than just offering point solutions, Purple Fabric serves as a strategic AI foundation for institutions, enabling them to build differentiated capabilities in customer engagement, operations, product innovation, compliance, and enterprise decision-making. By launching Open Business Impact AI on PF Cloud at GIFT City, Intellect underscores its commitment to building open, secure, and scalable AI infrastructure for India and the world. The platform has been engineered to support India's aspiration of digital self-reliance, while being fully interoperable with global standards of governance and performance. 'AI must be outcome-led and organisation-owned,' added Arun Jain. 'With PF Cloud, we are offering institutions the tools to architect their own intelligence, reduce complexity, and drive transformative outcomes – at scale and with confidence.' About Intellect Design Arena Limited Intellect Design Arena Ltd is a global leader in enterprise-grade financial technology, delivering composable and intelligent solutions to financial institutions in 57 countries. With three decades of domain expertise, we offer full spectrum banking and insurance products across Wholesale and Consumer Banking, Central Banking, Wealth, Capital Markets, Insurance, Treasury, ESG, and Digital Technology for Commerce. Intellect applies First Principles and Design Thinking to elementalise financial services into Events, Microservices, and APIs, enabling faster, modular transformation. At the core are three platforms: the world's most comprehensive open finance platform; Purple Fabric, the world's first Open Business Impact AI platform; and iTurmeric, a composable integration and configuration platform, empowering institutions to modernise with agility, intelligence, and control. Intellect is a pioneer in applying Design Thinking and our 8012 FinTech Design Center, the world's first Design Center dedicated to Design Thinking Principles, underscores our commitment to continuous and impactful innovation, addressing the ever-growing need for digital transformation. We proudly serve over 500+ customers worldwide, supported by a diverse workforce of solution architects and domain and technology experts in major global financial hubs. For more information about Intellect, visit For Media related info, please contact: Nachu Nagappan Intellect Design Arena Ltd Mob: +91 89396 19676 Email: [email protected] Nachu Nagappan Intellect Design Arena Limited +91 89396 19676 email us here Visit us on social media: LinkedIn Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Business Upturn
16-06-2025
- Business
- Business Upturn
First Abu Dhabi Bank implements Intellect Design Arena's AI-powered debt management solution
Intellect Global Consumer Banking (iGCB), a unit of Intellect Design Arena Ltd., has announced the successful implementation of its cutting-edge Debt Management solution by First Abu Dhabi Bank (FAB), the UAE's premier global bank. This milestone is part of FAB's strategic vision to enhance operational efficiency and elevate customer experience by transitioning to a fully digital and automated credit management system. The debt management solution is part of Intellect's Lending platform, designed to revolutionize how banks manage loan recovery and collections. By integrating over ten internal subsystems within FAB, the solution ensures real-time visibility into the bank's entire credit portfolio. This digital shift marks a major leap forward in FAB's journey toward full automation of its debt collection operations within the next five years. With the adoption of Lending, FAB is streamlining its collection strategies, enhancing collaboration with recovery agencies, and significantly reducing the cost of recovery. The move not only strengthens FAB's digital infrastructure but also reinforces its long-standing commitment to customer-first banking and continuous investment in technology and human capital. This implementation builds on a trusted partnership between FAB and Intellect Design Arena that began in 2005, reflecting a shared vision to deliver innovative and efficient banking solutions across FAB's global network. As FAB continues its digital transformation, the collaboration with Intellect positions the bank at the forefront of future-ready financial services. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
05-06-2025
- Business
- Business Standard
Intellect to deploy eMACH.ai DEP for leading South African bank
Intellect Design Arena announced a significant engagement with a leading South African bank. The bank will implement Intellect's revolutionary Digital Engagement Platform (DEP) across nine countries, marking a milestone achievement in its digital transformation journey. DEP will be deployed as a single instance in South Africa, seamlessly serving the bankfs entities across 6 countries on Cloud and 3 On-Premise to satisfy local data residency requirements. This comprehensive platform will cater to both corporate and retail customers, providing a unified and enhanced customer experience. DEP powered transformation will enable the bank to provide: Seamless and personalised experience to customers across all channels, lifecycles and life stages A scalable and extensible engagement platform with the ability to adapt, or build 360 engagement Integration with digital channels, core banking systems, and third-party applications like Fintechs, Merchants, e-commerce, and entertainment partners Rapid App launches in days using the codeless platform with over 750 front-end journeys and 520 open APIs Increased digital banking customer sign-ups in minutes and faster credit origination through digital onboarding
Business Standard
05-06-2025
- Business
- Business Standard
Intellect Design bags major deal for its digital engagement platform from large South African Bank
Intellect Design Arena said that it has secured a large deal from a leading South African Bank for nine-country rollout of Digital Engagement Platform (DEP). DEP will be deployed as a single instance in South Africa, seamlessly serving the banks entities across 6 countries on cloud and 3 on-premise to satisfy local data residency requirements. This comprehensive platform will cater to both corporate and retail customers, providing a unified and enhanced customer experience. Rajesh Saxena, CEO, Intellect Consumer Banking, said: The engagement with the bank is a testament to the robust capabilities of our Digital Engagement Platform. Intellect has successfully provided a highly personalised experience to global banks with multi-country implementations. We are confident that yet again, DEP will significantly enhance the bank's digital initiatives, empowering them to deliver exceptional value to their customers across multiple regions. Intellect Design Arena has a comprehensive portfolio of products across global consumer banking, central banking, risk & treasury management, global transaction banking, and insurance and is engaged in the business of software development. The company reported an 85.45% year-on-year (YoY) jump in consolidated net profit to Rs 135.32 crore in Q4 FY25, supported by an 18.69% increase in total income to Rs 748.55 crore.
Business Upturn
05-06-2025
- Business
- Business Upturn
Intellect Design Arena to deploy eMACH.ai platform for leading South African Bank across nine countries
Intellect Design Arena Ltd. has announced a strategic engagement with a leading South African bank to implement its Digital Engagement Platform (DEP) across nine countries. The deployment will use a single-instance architecture hosted in South Africa, enabling centralized management and consistent service delivery. The platform will serve the bank's operations across six countries via cloud infrastructure and three countries through on-premise deployments to meet local data residency regulations. Designed to support both corporate and retail banking services, the DEP aims to enhance digital engagement through: Omnichannel and personalized customer experiences across life stages and banking products A scalable architecture that supports 360-degree customer engagement Seamless integration with digital channels, core banking systems, and third-party services including fintechs, e-commerce platforms, and merchant partners Rapid application development using a codeless platform that includes over 750 pre-built journeys and 520 open APIs Streamlined digital onboarding processes to enable faster customer acquisition and credit origination This deployment represents a significant move in the bank's digital transformation journey and is expected to improve operational efficiency and customer engagement across its African footprint. Rajesh Saxena, CEO, Intellect Consumer Banking, stated, 'The engagement with the bank is a testament to the robust capabilities of our Digital Engagement Platform. Intellect has successfully provided a highly personalised experience to global banks with multi-country implementations. We are confident that yet again, DEP will significantly enhance the bank's digital initiatives, empowering them to deliver exceptional value to their customers across multiple regions.' Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
