IntellectAI, the Insurtech business unit of Intellect Design Arena offering AI and data-powered underwriting solutions, and InsureMO, a leading global insurance infrastructure platform, announced that Incarnation Specialty, signed on as the latest MGA client for IntellectAI's underwriting workbench, eMACH.ai Xponent, with the InsureMO policy admin system. As an Managing General Agency (MGA) with specialised inland and ocean marine insurance offerings, Incarnation selected two insurtech companies because they were looking to rapidly mobilise and launch an end-to-end underwriting and policy admin solution to ingest, underwrite, rate, quote and bind submissions, and issue and manage policy lifecycles. eMACH.ai Xponent is a highly configurable, feature-rich AI-powered, end-to-end workbench for account-centric underwriting built on Purple Fabric platform enhanced by eMACH.ai framework. Purple Fabric is an advanced enterprise AI platform that uses a low-code, self-service approach to enable enterprises to quickly build and implement AI solutions. This strategy reduces costs and time investment while fostering creativity.Powered by Capital Market - Live

Intellect Design Arena has allotted 1,64,744 equity shares under ESOP on 18 November 2024. With this allotment, the paid up equity share capital has increased to Rs. 692,089,220/- divided into 138,417,844 equity shares of Rs. 5/- each.Powered by Capital Market - Live

Net profit of Intellect Design Arena declined 25.03% to Rs 52.81 crore in the quarter ended September 2024 as against Rs 70.44 crore during the previous quarter ended September 2023. Sales declined 9.84% to Rs 558.13 crore in the quarter ended September 2024 as against Rs 619.05 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales558.13619.05 -10 OPM %14.5119.12 - PBDT108.56130.26 -17 PBT69.7796.52 -28 NP52.8170.44 -25 Powered by Capital Market - Live

Intellect Global Transaction Banking (iGTB), the transaction banking business unit from Intellect Design Arena is proud to announce its partnership with National Bank of Fujairah (NBF), an award-winning UAE-based full-service corporate bank, to enhance its digital capabilities. This deal marks the first Microsoft Azure-managed service for Intellect'fs eMACH.ai Cloud for Wholesale Banking in the Middle East. NBF currently serves corporates and SMEs through its network in the UAE, providing financial services to optimise commercial opportunities and achieve sustainable growth for their clients. With the eMACH.ai Digital Transaction Banking solution, NBF can offer their clients a suite of comprehensive solutions backed by: '' Innovative decision-making and enhanced digital capabilities: For improved information visibility and innovation, ensuring quick decision-making and a seamless user experience for corporate and SME clients. '' Cloud-powered excellence: iGTB, with Microsoft Azure, will provide a fully managed cloud service, freeing NBF to focus on business development and clientPowered by Capital Market - Live

Intellect Design Arena will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live

Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena, announced the global launch of eMACH.ai Cloud for Wholesale Banking. This first principle based pioneering platform is designed to empower wholesale banks with a comprehensive suite of integrated services, tailored to meet the complex needs of corporate clients across diverse industries, while enabling banks to modernise and scale their operations efficiently. Wholesale banks, faced with evolving client demands, competitive pressures and regulatory challenges, require agile and future-ready solutions. eMACH.ai Cloud for Wholesale Banking responds to these demands by offering a unified end-to-end platform going beyond traditional banking, covering full spectrum of services across cash management, trade finance, corporate lending, deposits, cards, treasury, brokerage, and foreign exchange, eliminating the need for multiple systems. The platform is built to assist wholesale banks unlock new revenue opportunities, streamline operations and accelerate time-to-market for new products. It is an all-encompassing solution that ensures banks can maintain their competitive edge while meeting regulatory compliance and addressing Environmental, Social, and Governance (ESG) goals. Powered by Capital Market - Live

Intellect Digital Technology for Commerce (iDTC), the business unit of Intellect Design Arena focusing on Procurement and Retail technologies, announced the launch of the world's most comprehensive AI-driven in-store retail technology, eMACH.ai Retail 6DX, for the Middle East market. The platform is built with a flexible architecture, enabling swift and seamless integration with third-party applications. This adaptability elevates experiences across various retail formats, including hypermarkets, supermarkets, and fashion or lifestyle stores. eMACH.ai Retail 6DX is built with 23 Events, 13 Microservices, and 55 APIs on Cloud, delivering exceptional performance and maximising returns for retailers. This advanced platform enhances customer experiences with a seamless, intuitive shopping journey driven by over a decade of deep domain expertise, refined through successful partnerships with clients across global markets. eMACH.ai Retail 6DX leverages cutting-edge artificial intelligence to revolutionise in-store operations. By utilising AI-powered predictive analytics, it empowers retailers to anticipate customer needs, optimise inventory levels, and personalise promotions with pinpoint accuracy. AI-driven insights enable businesses to detect trends in real time, streamline supply chain processes, and make data-driven decisions that enhance customer experiences. These AI capabilities allow retailers to stay competitive, delivering frictionless, personalised shopping journeys that drive loyalty and engagement. The retail landscape in the Middle East is undergoing a significant transformation, driven by rapid digital adoption, evolving consumer preferences, and a strong push toward omnichannel experiences. As the region emerges as a global hub for innovation, eMACH.ai Retail 6DX is designed to redefine the future of retail, enabling businesses to seamlessly scale, optimise operations, and leverage data-driven insights to create truly immersive and tailored customer experiences. Powered by Capital Market - Live

Intellect Design Arena has allotted 89,013 equity shares under ESOP. The paid-up share capital of the Company accordingly increases from Rs. 690,454,895/- divided into 138,090,979 equity shares of Rs. 5/- each to Rs. 690,899,960/- divided into 138,179,992 equity shares of Rs. 5/- each.Powered by Capital Market - Live

IntellectAI, the AI-focused business unit of Intellect Design Arena, announced the launch of its cutting-edge wealth platform, WealthForce.AI, for the Middle East market. Composed on eMACH.ai, this transformative platform is designed to empower Relationship Managers (RMs) by leveraging Artificial Intelligence (AI) and advanced data analytics to achieve hyper- personalisation and hyper-automation, ultimately delivering unparalleled customer experiences. WealthForce.AI is built on eMACH.ai standards'Event-driven, Microservices-enabled, API-led, Cloud- native, and Headless'making it a truly scalable and future-ready solution. By embedding AI at its core, the platform automates routine tasks and enhances decision-making, allowing RMs to deliver hyper- personalised, data-driven advice resonating with each customer's unique financial goals. The solution also integrates Generative AI tools, which take RM-client conversations to the next level by providing intelligent, context-rich insights during advisory interactions. Intellect's award-winning WealthForce.AI platform is designed to streamline wealth management by minimising manual touchpoints and offering a contextualised, omnichannel customer experience at every stage. With features like personalised recommendations, real-time portfolio alerts, financial dashboards, and comprehensive reports, the platform enables both RMs and end customers to make smarter, more informed decisions.Powered by Capital Market - Live

Intellect Design Arena announced a global strategic partnership with HCLTech. Intellect and HCLTech have joined forces to bring domain-rich, technology solutions to Financial Institutions globally. HCLTech's global reach and expertise in financial services and engineering, combined with Intellect's advanced eMACH.ai platform, aims to drive digital transformation for financial institutions. This partnership focuses on leveraging data and AI to help organisations remain competitive and capitalise on the next wave of transformation. This collaboration leverages Intellect's eMACH.ai, designed using First Principles Thinking as the most comprehensive, composable, and intelligent open finance platform, alongside its Purple Fabric, the world's first Enterprise-Grade Connected Intelligence AI platform, tailored for the banking and insurance sectors. Together, these two products aim to revolutionise the delivery of banking technology services by enhancing operational efficiency, driving digital transformation, and ensuring regulatory compliance for financial institutions globally.Powered by Capital Market - Live