
Intellect Design Arena Ltd. has secured three new mandates for its eMACH.ai Custody platform from Non-Banking Financial Services (NBFCs), the company said in a regulatory filing on July 13, 2026.
The contracts relate to custody and asset servicing operations. The company did not disclose the names of the clients, deal size, or execution timeline.
The company said NBFCs are gradually moving beyond their traditional businesses such as brokerage, wealth management, and capital markets.
Many are now adding custody and asset servicing to their offerings, creating demand for technology platforms that can support these functions while connecting with existing operational systems. The latest orders come from this segment.
eMACH.ai Custody is part of Intellect Design Arena's Wealth and Capital Markets business. The platform is built on a cloud-native, API-first architecture and supports the complete custody process, including client onboarding, trade processing, clearing and settlement, corporate actions, fee management, fund accounting and regulatory reporting.
The company said institutions using the platform can also manage transfer agency, investor servicing and post-trade operations through the same technology stack.
It includes workflow automation, compliance controls and real-time processing, reducing the need for multiple standalone systems across different functions.
Ramanan SV, Chief Executive Officer for India and South Asia at Intellect Design Arena, said custody has become an area of focus for financial institutions looking to widen their Wealth and Capital Markets businesses.
He said the company's platform has been designed to support institutions that intend to add related investment servicing functions over time rather than deploy separate technology platforms for each activity.
Intellect Design Arena has been operating in financial technology for more than three decades. The company said it serves over 500 customers across 62 countries, with products spanning wholesale banking, consumer banking, treasury, insurance, wealth management and capital markets.
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As of July 13, 2026, 3:30 pm, Intellect Design Arena Ltd share price was trading at ₹776.55, up 2.35% from the previous closing price.
The three NBFC mandates expand Intellect Design Arena's customer base in the custody technology segment. The company has not disclosed the value of the deals, and no analyst views were available on the announcement.
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Published on: Jul 13, 2026, 4:20 PM IST

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