Intellect Global Transaction Banking (iGTB) has launched its eMACH.ai Cloud platform for wholesale banking to enhance operations and streamline costs.
The new platform is designed to provide wholesale banks with a comprehensive portfolio of integrated services, enabling them to modernise and scale their operations while meeting the complex needs of corporate clients across a range of industries.
iGTB is the transaction banking division of Intellect Design Arena.
eMACH.ai Cloud aims to meet various challenges of changing client demands, competitive pressures and regulatory constraints by offering a unified end-to-end platform that goes beyond conventional banking.
The platform provides services covering areas such as cash management, trade finance, corporate lending, treasury, brokerage, deposits, cards, and foreign exchange, eliminating the need for banks to manage multiple systems.
In addition, the platform will help wholesale banks explore new revenue streams, optimise their operations, and speed up the time-to-market for new products.
As a comprehensive solution, it is expected to ensure that banks remain competitive while complying with regulatory requirements and achieving environmental, social, and governance (ESG) objectives.
eMACH.ai Cloud integrates all wholesale banking services into a single, unified system, reducing inefficiencies associated with managing multiple platforms. The platform is scalable and customised to meet the specific needs of various sectors, including real estate, logistics, e-commerce, manufacturing, and healthcare.
By adopting eMACH.ai Cloud, wholesale banks can reduce operational costs through improved automation and process integration. The platform minimises the need for manual interventions and legacy system management.
In addition, the platform offers opportunities for revenue growth by facilitating cross-selling and bundling of services.
As a cloud-native solution, eMACH.ai Cloud supports continuous modernisation, allowing banks to scale and evolve their operations as market conditions change.
iGTB CEO Manish Maakan said: “By delivering a unified, integrated solution, we are enabling banks to not only enhance operational efficiency and reduce costs but also to tap into new revenue streams and accelerate their growth ambitions.
“In today’s dynamic market, wholesale banks need agility, and eMACH.ai Cloud gives them the tools to deliver exceptional value to their clients while driving innovation in their business models.”
