Chennai/Greater Noida, January 28, 2025 – Coforge Limited (NSE: COFORGE, BSE: 532541) has announced a strategic partnership with Intellect Design Arena Limited (NSE: INTELLECT) to drive digital transformation in the banking and financial services sector. The collaboration will leverage AI-powered solutions and low-code integration platforms to modernize financial institutions worldwide.
Key Highlights of the Partnership
- Cutting-Edge Technology Integration:
- Intellect's eMACH.ai, an open finance platform, will digitally transform financial institutions.
- iTurmeric, a low-code integration suite, will enable faster deployment of banking solutions with over 300 microservices and 500+ event-driven processes.
- Global Market Focus:
- The partnership will target banking, wealth management, lending, payments, and liquidity management.
- Expansion across APAC, North America, Europe, the UK, and the Middle East.
- AI-Driven Banking and Enhanced Customer Experience:
- Advanced data analytics and generative AI will improve banking operations and customer engagement.
- The partnership will enable faster go-to-market strategies for financial institutions.
Leadership Insights
Kannan Ramasamy, Chief Partner Officer, Intellect Design Arena, stated:"This partnership with Coforge underscores our commitment to empowering financial institutions with transformative technology. Together, we drive agility, innovation, and resilience in an evolving digital marketplace."
Gautam Samanta, President & Head of BFS, Coforge, added:
"Combining Coforge's expertise in financial services with Intellect's AI and low-code solutions will enable institutions to modernize operations, enhance customer experiences, and achieve impactful results."