Intellect Design Arena Secures Triple Global #1 Rankings at IBS 2024

On June 26, 2024, Intellect Design Arena Ltd achieved significant recognition from the UK-based analyst firm IBS Intelligence. They’ve secured top rankings in 3 key banking categories: Retail Core Banking for 6 years running, Transaction Banking for 5 years, and Lending for 3 years. Additionally, Intellect placed second in 8 other fintech categories and maintained third place for global leadership in geographic spread for the fourth consecutive year.

IBS Intelligence’s Annual Sales League Table is a respected benchmark in the banking technology sector, tracking global supplier performance. It offers valuable insights into industry trends and competitive dynamics. Intellect attributes its success to eMACH.ai, an advanced open finance platform featuring 329 microservices, 535 events, and over 1757 APIs. This platform enables financial institutions to build innovative solutions, emphasising customer-centric strategies for impactful business outcomes.

Global #1 Retail Core Banking Leader for the Sixth Consecutive Year

For 6 consecutive years, Intellect Design Arena Ltd. has maintained its leadership as the global #1 in Retail Core Banking with eMACH.ai-powered Intellect Digital Core (IDC).

Global #1 Transaction Banking Leader for the Fifth Consecutive Year

Intellect Design Arena Ltd’s Digital Transaction Banking (DTB), powered by eMACH.ai, has maintained its global #1 position in Transaction Banking for 5 years.

Global #1 Retail Lending Technology Leader for the Third Consecutive Year

Intellect Design Arena Ltd’s iKredit360, powered by eMACH.ai, remains the global leader in Retail Lending technology for the third consecutive year.

Global #2 and #3 Rankings across 8 additional global financial technology categories

Intellect also secured #2 rankings in 7 categories, including Digital Banking Channels and InsurTech, and maintained #3 globally for geographic spread.

About IBS Intelligence

Established in 1991 and based in the UK, IBS Intelligence is a premier global firm specializing in Financial Technology research, news analysis, and advisory services. Its Sales League Table serves as a benchmark for ranking top banking technology suppliers worldwide, with research reports widely distributed through Thomson Reuters, Bloomberg, and S&P Capital IQ.

About Intellect Design Arena Ltd

Intellect Design Arena Ltd is renowned for its expansive cloud-native FinTech platform, catering to global leaders in Banking, Wealth Management, Insurance, and Capital Markets. It provides a wide range of banking and wealth technology products across four main lines of business: IntellectAI, Global Consumer Banking, Global Transaction Banking, and Digital Technology for Commerce.