Intellect Design Arena Launches eMACH.ai Cloud For Canadian Financial Institutions

Intellect Design Arena has unveiled the Canada eMACH.ai Cloud tailored for Banks and Credit Unions, featuring a comprehensive suite of products encompassing Digital engagement, Liquidity, Virtual Accounts and Core Banking, including Payments and deposits, all embedded with AI capabilities. This suite empowers financial institutions to customise digital experiences, ensuring they surpass customer expectations and drive growth. Notably, all products are Canada-ready and operational with Canadian clients.

This offering facilitates deposit growth, ensures regulatory and industry compliance, and enhances operational efficiency for institutions. Designed for connected ecosystems, Canada's eMACH.ai Cloud is future-oriented and open banking-enabled, enabling Banks & Credit Unions to collaborate with fintechs and swiftly launch innovative products across Corporate, SME and Retail segments, thereby boosting revenue and attracting new customers.

Arun Jain, Chairman and Managing Director of Intellect Design Arena, expressed enthusiasm about the launch, highlighting eMACH.ai as a groundbreaking suite rooted in first principles thinking, simplifying technology in banking, credit unions and insurance sectors. With a vast offering of 329 microservices, 535 events and over 1757 APIs, eMACH.ai serves as the most comprehensive Open Finance Platform, prioritising customer centric solutions over traditional product centric approaches.

Introducing the Canada eMACH.ai Cloud demonstrates Intellect's commitment to leveraging its three decades of domain expertise in technology and design thinking to serve banks, Credit Unions, and the insurance sectors. Additionally, the eMACH.ai Experience Zones enable banks & Credit Unions to gain first hand insights into Intellect's solutions from their clients' perspective, fostering a deeper understanding of customer needs and preferences.