Transaction banking specialist Intellect Global Transaction Banking (iGTB) has launched its Digital Transaction Banking on a cloud platform.
A key tenet of this redesigned cash management platform is to embrace simplicity in digital banking transformation, for banks to stay relevant to their customers and investors by adopting latest cloud technology without high CAPEX investments and to bust the myth of endless technology projects that must span into years.
This platform is powered by comprehensive product coverage across cash management, payments, account services, self-onboarding, liquidity & virtual accounts and is offered across three easy-to-consume bundles – the CashNow plan, the CashXtra plan and the CashPower plan.
Each bundle tailored specifically for banks at various stages of their transaction banking digital maturity, with an innovative pay-as-you-grow pricing model.
The bundles are specially curated with iGTB’s thorough repertoire of user journeys and domain packs built up from its large client base, designed to accelerate sales cycles for banks, increase stickiness across their client segments and impact the customer experience with a fully digital 360 offering.
“CIOs and CTOs that run the bank IT, can reap value from cloud platforms by completely re-thinking digital technology transformation. The time to commercialise is reduced 4-6 fold, so that banks can go live in weeks rather than months with iGTB’s proprietary rapid implementation methodology iZoom, backed by pre-configured, industry-proven domain expertise and core-banking pre-integrations built into the software.
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“Banks can future-proof their investments with a progressive modernization upgrade roadmap thanks to iGTB’s cloud-ready enterprise cash management platform, which has the best-of-breed technology capabilities built-in with microservices and Open Banking APIs,” said Manish Maakan, CEO, iGTB.
According to iGTB, its fully managed, cloud-ready Digital Transaction Banking Platform will help de-risk banks’ IT operations with up to 40% reduction in IT total cost of operations (TCO).
Pre-configured domain packs for the GCC and North African markets will speed up the bank’s go-to-market product launch aided by the operationally-ready suite of 135-plus Open Banking APIs to help roll out consumer-friendly innovative features. Corporates and SMEs can be rapidly onboarded, saving up to 70 per cent in onboarding costs, bringing in operational efficiency, and driving down acquisition costs.
All this backed by pay-as-you-grow ready-plans that can help banks go-live in as fast as 10 weeks, leveraging our global cloud infrastructure from Microsoft Azure.
