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WELCOME TO
THE GRAND LAUNCH OF INTELLECT DIGITAL CORE 17.1

DIGITAL 360. REAL TIME. CONTEXT AWARE
30th October, 2017

journey journey

IDC 17.1

DIGITAL. REAL TIME. CONTEXT AWARE

journey journey

YOUR PRIMARY BANK ASPIRATIONS

ARE ONLY AS STRONG AS YOUR CORE

INTELLECT DIGITAL CORE

Intellect Digital Core is designed by bankers and helps banks to accelerate their Digital Banking and channel transformation journey. Intellect Digital Core comes with a Digital 360 proposition with inbuilt design for both Digital Outside and Digital Inside. Digital Outside ensures True Omni channel and consistency of customer experience at all touch points while Digital Inside drives operational excellence.

Banks are challenged by serious complexity. Multiple generations of technology, rampant product innovation, rapidly changing regulatory environment, tightening compliance norms and escalating technology costs are giving bankers sleepless nights. Add to this the challenges and opportunities brought by a digital economy and the conflicting priorities of business, technology and operations.

Based on our two decade long experience of dealing with banks, both large and small, we have identified the top pain points of banks in 5 specific areas - Business, Operations, Technology, Implementation and Support. These critical elements need to be dialogued before embarking on any transformation agenda.

Do these pains resonate with you?

BUSINESS

  • New product launches take
    too much time
  • Customer churn due to inability
    to offer targeted
    products & services
  • Low energy operational
    branches as against high
    energy active seller oriented
    branches

OPERATIONS

  • Inability to meet business
    requirements due to inflexible
    work flows
  • Lack of centralized view of
    risk leading to inaccurate,
    inconsistent reporting
  • High cost of operations; huge
    efforts for manual recon &
    recon of multiple systems

TECHNOLOGY

  • Rigid technology and
    accelerated obsolescence
  • Disparate product engines &
    channels; high cost of
    maintenance & support
  • High bandwidth and huge
    hardware sizing

IMPLEMENTATION

  • Uncertain and delayed
    go-Lives due to high
    customization
  • Systems working in silos;
    huge integration and
    interface issues
  • Data inaccuracy due to
    extraction and migration from
    multiple sources

SUPPORT

  • Vendor lock and exploitation
  • Slow turnaround on issue
    fixes
  • Lack of training resulting in
    slow adoption of product

A truly digital bank needs a truly digital core. Most technology vendors in the market are crippling the growth and agility of banks with monolithic or very often siloed systems. This has resulted in increased IT costs which are denting the profitability of banks. This is exactly the paradigm we took head-on. We put design thinking at the forefront of product design and invested in creating the Digital 360 backbone for our banking products. This encompasses Digital Outside & Digital Inside. Our Digital 360 Strategy aims to address challenges in the 6 key areas detailed below.

EXPERIENCE

  • Frictionless onboarding
  • Elevated experience across
    all access and touch points
  • Intuitive Apps to empower
    customers with more DIY
    tasks

BUSINESS
AGILITY

  • Digital Bank in a box
  • Launch new products -
    persona based banking
  • Product bundling and
    relationship based pricing

LEAN
OPERATIONS

  • Orchestrate processes
    &workflows and straight
    through processing
  • Ensure banking talent serves
    the customer rather than
    back office
  • Reduced EOD / EOM

REAL TIME

  • Real time balance sheets
  • Central risk monitoring and
    mitigation
  • Actionable insights from a
    single source of truth

IMPLEMENTATION
CERTAINTY

  • Pre-configured model bank
  • Data migration accuracy
  • Leverage service oriented
    architecture for smooth
    integration and standardization

TOTAL
COST OF
OWNERSHIP

  • Reduce cost to income ratio,
    technology cost per customer
    and cost of regulatory
    compliance
  • Frugal technology
    infrastructure

Our high impact Digital 360 approach aims at driving benefits from a Business as well as Technology perspective. The primary objective is to help banks see a significant improvement in their sales to service ratio while reducing the total cost of operations. Our next generation Digital Core Banking system has been designed in Intellect Research Labs around our globally acclaimed 9T framework.

What this translates to is that whether it is progressive pricing models, innovative product bundles, a 360 degree customer view, zero reconciliation or a significantly lower TCO, the bank can have it all. In essence, 9T framework translates to your bank becoming the primary bank of your customers.

1

DIGITAL BRANCH

2

RAPID PRODUCT
INNOVATION

3

360º CUSTOMER VIEW

4

ZERO RECON | ONLINE GL

5

INTEGRATED
LENDING SUITE

6

ALWAYS ON

7

LOWER TCO

8

IMPLEMENTATION
CERTAINTY

9

DATA MIGRATION

Intellect Digital Core offers the best of breed solutions on a single platform. We encourage banks to opt for progressive modernization as opposed to the traditional ‘Big Bang approach’ which is highly capital intensive and risky in the current scenario. Banks can pick and choose any of the below solutions they would like to modernize, depending on their market and competitive requirements. Alternately, banks can also choose to horizontally modernize across customer onboarding, customer servicing, customer engagement and back office operations. With Intellect Digital Core, you now have the propulsion engine to drive your digital ambitions, be it a Market Leader or Digital Challenger Bank.

Core Operations

10

  1. Customer Onboarding
  2. Term/Recurring Deposit
  3. Remittance
  4. Teller Management
  5. Payments
  6. Current/Savings Account

Lending

20

  1. Origination
  2. Lending - Unsecured,
    Mortgage & Commercial
  3. Leasing
  4. Securitization
  5. Syndication
  6. Commercial Lending
  7. Debt Management
  8. Collateral & Limits Management
  9. Dealer Financing

Cards

30

  1. Origination
  2. Card Issuance
  3. Merchant Acquisition
  4. Loyalty Management
  5. Fraud Early Warning
    System
  6. Customer Service
  7. Securitization
  8. Receivables Management

Payments

40

  1. Clearing Payment systems
  2. Digital payment systems
  3. Cross Border Payments
  4. Wallet
  5. Cards-Travel/ Pre-paid/Gift

Wealth

50

  1. Customer Acquisition
  2. Financial Planning
  3. Transaction Management
  4. Leveraged Investment
  5. Portfolio Management
  6. Revenue Management
  7. Reporting
  8. Relationship Management
  9. Risk & Compliance
    Management

Trade Finance

60

  1. Letters of Credit
  2. Bills
  3. Collection
  4. Guarantees
  5. Trade Loans
  6. Reimbursements
  7. Supply Chain Financing
  8. Factoring/Forfaiting

Treasury

70

  1. Front/mid/back office
  2. Branch Position Integration
  3. Resource Mobilization
  4. Fund Management
  5. Limits & Control Framework
  6. Risk Management
  7. Stress Testing
  8. Portfolio Management

At Intellect, we believe in reducing complexity. In that true belief, the Intellect platform simplifies banking with finer, configurable controls for empowering businesses to directly manage product portfolio & service bundling and enabling financial controls with real-time financial positions & alerts on various risk parameters. It ensures error-free operations through extensive validations, integrated job schedulers & dashboards and bots for robotic process automation. All this is made possible through 4 out-of-the-box workbenches that are finely integrated with the platform.

1

SAME EXPERIENCE AT
ALL TOUCH POINTS
MOVING FROM MASS
BANK TO ‘MY BANK’

CUSTOMISATION
WORKBENCH

2

SEAMLESS ORCHESTRATION
RADICAL SIMPLIFICATION
OF PRODUCTS, PROCESSES
AND OPERATIONS

PROCESS
ORCHESTRATION
WORKBENCH

3

KEEPING IT ALL TOGETHER
NIMBLE, AGILE & TIGHTLY
INTEGRATED

INTEGRATION
WORKBENCH

4

INVULNERABLE SECURITY
CENTRALIZED VIEW &
CONTROL OF RISK

SECURITY
WORKBENCH

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NEED GUIDANCE ON YOUR DIGITAL TRANSFORMATION JOURNEY? FIND HOW TO REDUCE
COMPLEXITY AND BECOME TRULY DIGITAL USING OUR 9T FRAMEWORK.
GET IN TOUCH WITH US NOW!

DO THESE PAIN POINTS RESONATE WITH YOU?

Banks are challenged by serious complexity. Multiple generations of technology, rampant product innovation, rapidly changing regulatory environment, tightening compliance norms and escalating technology costs are giving bankers sleepless nights. Add to this the challenges and opportunities brought by a digital economy and the conflicting priorities of business, technology and operations.

Based on our two decade long experience of dealing with banks, both large and small, we have identified the top pain points of banks in 5 specific areas - Business, Operations, Technology, Implementation and Support. These critical elements need to be dialogued before embarking on any transformation agenda.

Do these pains resonate with you?

BUSINESS

  • New product launches take
    too much time
  • Customer churn due to inability
    to offer targeted
    products & services
  • Low energy operational
    branches as against high
    energy active seller oriented
    branches

OPERATIONS

  • Inability to meet business
    requirements due to inflexible
    work flows
  • Lack of centralized view of
    risk leading to inaccurate,
    inconsistent reporting
  • High cost of operations; huge
    efforts for manual recon &
    recon of multiple systems

TECHNOLOGY

  • Rigid technology and
    accelerated obsolescence
  • Disparate product engines &
    channels; high cost of
    maintenance & support
  • High bandwidth and huge
    hardware sizing

IMPLEMENTATION

  • Uncertain and delayed
    go-Lives due to high
    customization
  • Systems working in silos;
    huge integration and
    interface issues
  • Data inaccuracy due to
    extraction and migration from
    multiple sources

SUPPORT

  • Vendor lock and exploitation
  • Slow turnaround on issue
    fixes
  • Lack of training resulting in
    slow adoption of product

A truly digital bank needs a truly digital core. Most technology vendors in the market are crippling the growth and agility of banks with monolithic or very often siloed systems. This has resulted in increased IT costs which are denting the profitability of banks. This is exactly the paradigm we took head-on. We put design thinking at the forefront of product design and invested in creating the Digital 360 backbone for our banking products. This encompasses Digital Outside & Digital Inside. Our Digital 360 Strategy aims to address challenges in the 6 key areas detailed below.

EXPERIENCE

  • Frictionless onboarding
  • Elevated experience across
    all access and touch points
  • Intuitive Apps to empower
    customers with more DIY
    tasks

BUSINESS
AGILITY

  • Digital Bank in a box
  • Launch new products -
    persona based banking
  • Product bundling and
    relationship based pricing

LEAN
OPERATIONS

  • Orchestrate processes
    &workflows and straight
    through processing
  • Ensure banking talent serves
    the customer rather than
    back office
  • Reduced EOD / EOM

REAL TIME

  • Real time balance sheets
  • Central risk monitoring and
    mitigation
  • Actionable insights from a
    single source of truth

IMPLEMENTATION
CERTAINTY

  • Pre-configured model bank
  • Data migration accuracy
  • Leverage service oriented
    architecture for smooth
    integration and standardization

TOTAL
COST OF
OWNERSHIP

  • Reduce cost to income ratio,
    technology cost per customer
    and cost of regulatory
    compliance
  • Frugal technology
    infrastructure

Our high impact Digital 360 approach aims at driving benefits from a Business as well as Technology perspective. The primary objective is to help banks see a significant improvement in their sales to service ratio while reducing the total cost of operations. Our next generation Digital Core Banking system has been designed in Intellect Research Labs around our globally acclaimed 9T framework.

What this translates to is that whether it is progressive pricing models, innovative product bundles, a 360 degree customer view, zero reconciliation or a significantly lower TCO, the bank can have it all. In essence, 9T framework translates to your bank becoming the primary bank of your customers.

1

DIGITAL BRANCH

2

RAPID PRODUCT
INNOVATION

3

360º CUSTOMER VIEW

4

ZERO RECON | ONLINE GL

5

INTEGRATED
LENDING SUITE

6

ALWAYS ON

7

LOWER TCO

8

IMPLEMENTATION
CERTAINTY

9

DATA MIGRATION

Intellect Digital Core offers the best of breed solutions on a single platform. We encourage banks to opt for progressive modernization as opposed to the traditional ‘Big Bang approach’ which is highly capital intensive and risky in the current scenario. Banks can pick and choose any of the below solutions they would like to modernize, depending on their market and competitive requirements. Alternately, banks can also choose to horizontally modernize across customer onboarding, customer servicing, customer engagement and back office operations. With Intellect Digital Core, you now have the propulsion engine to drive your digital ambitions, be it a Market Leader or Digital Challenger Bank.

Core Operations

10

  1. Customer Onboarding
  2. Term/Recurring Deposit
  3. Remittance
  4. Teller Management
  5. Payments
  6. Current/Savings Account

Lending

20

  1. Origination
  2. Lending - Unsecured,
    Mortgage & Commercial
  3. Leasing
  4. Securitization
  5. Syndication
  6. Commercial Lending
  7. Debt Management
  8. Collateral & Limits Management
  9. Dealer Financing

Cards

30

  1. Origination
  2. Card Issuance
  3. Merchant Acquisition
  4. Loyalty Management
  5. Fraud Early Warning
    System
  6. Customer Service
  7. Securitization
  8. Receivables Management

Payments

40

  1. Clearing Payment systems
  2. Digital payment systems
  3. Cross Border Payments
  4. Wallet
  5. Cards-Travel/ Pre-paid/Gift

Wealth

50

  1. Customer Acquisition
  2. Financial Planning
  3. Transaction Management
  4. Leveraged Investment
  5. Portfolio Management
  6. Revenue Management
  7. Reporting
  8. Relationship Management
  9. Risk & Compliance
    Management

Trade Finance

60

  1. Letters of Credit
  2. Bills
  3. Collection
  4. Guarantees
  5. Trade Loans
  6. Reimbursements
  7. Supply Chain Financing
  8. Factoring/Forfaiting

Treasury

70

  1. Front/mid/back office
  2. Branch Position Integration
  3. Resource Mobilization
  4. Fund Management
  5. Limits & Control Framework
  6. Risk Management
  7. Stress Testing
  8. Portfolio Management

At Intellect, we believe in reducing complexity. In that true belief, the Intellect platform simplifies banking with finer, configurable controls for empowering businesses to directly manage product portfolio & service bundling and enabling financial controls with real-time financial positions & alerts on various risk parameters. It ensures error-free operations through extensive validations, integrated job schedulers & dashboards and bots for robotic process automation. All this is made possible through 4 out-of-the-box workbenches that are finely integrated with the platform.

CUSTOMISATION
WORKBENCH

1

SAME EXPERIENCE AT
ALL TOUCH POINTS
MOVING FROM MASS
BANK TO ‘MY BANK’

CUSTOMISATION
WORKBENCH

PROCESS
ORCHESTRATION
WORKBENCH

2

SEAMLESS ORCHESTRATION
RADICAL SIMPLIFICATION
OF PRODUCTS, PROCESSES
AND OPERATIONS

PROCESS
ORCHESTRATION
WORKBENCH

INTEGRATION
WORKBENCH

3

KEEPING IT ALL TOGETHER
NIMBLE, AGILE & TIGHTLY
INTEGRATED

INTEGRATION
WORKBENCH

SECURITY
WORKBENCH

4

INVULNERABLE SECURITY
CENTRALIZED VIEW &
CONTROL OF RISK

SECURITY
WORKBENCH

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Launching

IDC 17.1

on 30th October, 2017