Intellect Design Arena Ltd, a global leader in financial technology, has secured a significant agreement with a Tier 1 Canadian multinational bank to drive its global deposit growth strategy. This deal marks the first deployment of Intellect’s eMACH.ai Core Banking platform in the U.S. The platform will enable the bank to accelerate its global expansion, enhance customer experiences, and achieve transformational outcomes with speed and flexibility.
Initially focused on the bank’s Corporate and Investment Banking operations, the partnership will later extend to Europe and Asia. This milestone strengthens Intellect’s presence in North America and deepens its long-standing relationship with one of Canada’s largest financial institutions.
The eMACH.ai Core Banking platform is designed to support the bank’s global growth strategy by offering a cloud-native, microservices-based, and API-first architecture. This will allow the bank to launch market-specific offerings quickly, enhance customer experiences through AI-driven personalization, and innovate with agility. Additionally, the platform will streamline operations with real-time processing and 24/7 availability, while reducing the total cost of ownership through seamless integration.
Manish Maakan, CEO of Intellect Wholesale Banking, commented, “This partnership marks a pivotal moment for us. It brings together one of the most forward-thinking banks with our most advanced core banking platform. Our entry into the U.S. core banking market highlights the confidence in our technology and teams, and the shared vision of transforming banking through a composable, flexible approach. This engagement is not just about replacing technology—it’s about reimagining the bank’s global growth and deposit strategies in the digital age. We are excited to be their trusted partner and look forward to this being a global success story.”
Intellect Design Arena Ltd is a leading provider of enterprise-level financial technology solutions, serving financial institutions in over 61 countries. With over three decades of domain expertise, Intellect’s product suite includes solutions for Wholesale Banking, Consumer Banking, Capital Markets, Insurance, Treasury, and more.
By applying First Principles Thinking and Design Thinking, Intellect has transformed the financial services landscape, offering modular and intelligent platforms like eMACH.ai, Purple Fabric, and iTurmeric. These platforms enable faster, more adaptable transformations for financial institutions, delivering measurable outcomes. With over 500 global clients and a dedicated team of domain and technology experts, Intellect continues to pioneer innovation in financial technology.
