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journey journey

Designed for Complexity Reduction

Digital. Real Time Risk Management. Role Aware

journey journey

Intellect's Quantum Central Banking Solution
Wins Payments Provider of the Year
Central Banking Awards

journey journey

Intellect Quantum. Designed Exclusively for Central Banks.

journey journey

Real Time General Ledger. Real Time Liquidity. Real Time Risk Management.

True Real Time Advantage Delivered.

INTELLECT QUANTUM CENTRAL BANKING SOLUTION

Intellect Quantum is designed specifically for Central Banks, unlike other vendors who try to force-fit their commercial core banking products. Aimed at reducing complexity, the underlying technology design drives four things - Real time informed decision making & Risk Management, Unmatched configurability for speed and ease of change, tightly integrated analytics and non-compromising security.

Intellect empowers Central Banks to take a Quantum leap in their progressive transformation journey through a formidable range of instruments including Currency Management, Public Debt & Depository Management, Enterprise General Ledger & Collateral Management.

Our award-winning Quantum Central Banking Solution has successfully modernized many Central Banks across the world including Reserve Bank of India, Central Bank of Sweden (Sveriges Riksbank), National Bank of Ethiopia, Central Bank of Lesotho and Central Bank of Seychelles.

In a fast paced economy impacted by local and global events, Central Banks are under tremendous pressure to keep the financial health of their country under control. Based on our engagements with Central Banks across the globe, we have identified the top pain points of Central Banks in 5 specific areas – Business, Operations, Technology, Implementation and Support.

Which of these pain points resonate with you?

BUSINESS

  • New policy implementation takes too much time
  • Cumbersome process of drawing fragmented data across disparate systems
  • Duplication of efforts across multiple systems

OPERATIONS

  • Inability to meet business requirements due to inflexible business rules
  • Lack of centralized view of risk leading to inaccurate, inconsistent reporting
  • High cost of operations; Huge efforts for reconciliation

TECHNOLOGY

  • Rigid technology and accelerated obsolescence
  • Multiple Product Engines & Channels; High cost of maintenance & support
  • High bandwidth and huge hardware sizing

IMPLEMENTATION

  • Uncertain & delayed go-lives due to heavy customization
  • Systems working in silos causing integration and interface issues
  • Data inaccuracy due to extraction and migration from multiple sources

SUPPORT

  • Lack of central bank specific roadmap
  • Vendors unable to align with SLAs for mission critical support
  • Implementation of new policies need heavy customization

Intellect Quantum is designed around the "anything can change anytime" principle. Speed and ease of change, therefore, becomes a critical factor for the functioning of Central Banks. Our goal is equip Central Banks with the ability to implement policy changes almost immediately. We achieve this systematically by improving response times at multiple levels using our globally appreciated 10T framework.

1

Rapid Policy Implementation

2

Zero Recon and Online Real-Time Balance Sheet

3

Real-Time One Click Dashboards and Risk Analytics

4

National Level Balance Consolidation & Treasury Single Account (TSA)

5

State-of-The-Art Online Portal

6

Auction Management And Depository

7

Currency Life Cycle Management

8

Real-Time Collateral And Liquidity Management

9

24X7 - Reliable And Secured Operation

10

Implementation Certainity

As a Banker to the Government, a Banker to Banks, a Government Debt Manager, a Currency Manager & the overall Supervisor & Regulator of the country, Central Banks have to deal with high levels of complexity. Intellect's Quantum Landscape provides a comprehensive platform for Central Banks with a flexible choice of instruments. The solution empowers Central Banks with faster decisioning and timely intervention with the help of 360 degree dash board views, On-demand financial statements & reports and Real Time Risk monitoring.

Customer Management & Online Portal

10

  1. Grouping & Baskets
  2. Controls & Validations
  3. Blacklist & AML
  4. Comprehensive data set
  5. Online Portal for govt./FIs

Accounts

20

  1. Products for Banks and
    Government
  2. Comprehensive limits and
    interest rate types

Currency and Vault Management

30

  1. Currency lifecycle Management
  2. Vault/Chest Management
  3. Monitoring & Tracking

Depository & Public Debt Management

40

  1. Auction Management
  2. Underwriting
  3. Simulation & Allotment
  4. DVP-1, 2 & 3 based Settlement
  5. Comprehensive Security Services

Collateral
Management

50

  1. Advanced Collateral Pool
  2. Comprehensive Eligibility Factors, Haircuts, and Concentration limits
  3. Revaluation and Margin Call
  4. Intraday Liquidity

Government
Services

60

  1. Treasury Single Account
  2. Surplus/Deficit Management
  3. Payments/Receipts
  4. Agency Transactions
  5. Tax Collection
  6. Settlement/Reporting

Credit/Market Operations

70

  1. Comprehensive Limits and
    Interest Rate Types
  2. Open Market Operations
  3. REPO/Reverse REPO
  4. Short Term, Long Term and
    Overnight Lending

Account Sweeps

80

  1. Notional pooling and interest calculation
  2. Flexible Rules
  3. Advanced Triggers
  4. Sweep and Reverse Sweeps

Pricing/Invoicing

90

  1. Flexible Rules
  2. Invoicing/Collection
  3. Flexible Fees Structures

Enterprise General
Ledger

100

  1. Real-time Balance Sheet
  2. Integrated Budget/FA
  3. n-Tier Structure
  4. Financial reporting tool

Treasury/Risk Management

110

  1. MM, Equities, Fixed Income
  2. Derivatives
  3. Reserves Management
  4. Limits/Risk Management
  5. ACU, IMF SDR, Risk analytics

National Payment
Systems

120

  1. Gross/Net Settlements
  2. Advanced Liquidity Management
  3. Dynamic Settlement
  4. Low/High Value Payments

Benchmarked to support over 100 million transactions a day, Intellect Quantum's robust architecture is designed for Complexity Reduction. An application server agnostic platform, the technology architecture is designed for superior scalability and uncompromising security. The state of the art, fully compliant technology architecture enables smooth operations, Zero Recon & EOD in minutes.

BUILT WITH
LATEST
TECHNOLOGY

SERVICE
ORIENTED
ARCHITECTURE

TECHNOLOGY
STACK

HIGH PERFORMANCE
ARCHITECTURE

RELIABILITY,
PERFORMANCE AND
SECURITY

  • Built with sophisticated digital
    framework with customer centric
    design
  • Fully compliant with JEE5, Java, JSF
    and AJAX
  • Event driven business processes
    with advanced notification and
    report delivery framework
  • Easy Integration with other systems
    through in-built Service Enablement
    and Service Integration Layer
  • Supports ISO20022, 15022, 8583,
    Proprietary XML, TXT, CSV, XLS over
    MQ, SOAP, RESTFul, HTTPS, SFTP,
    APIs etc.
  • Hardware, OS and Application
    server agnostic
  • Operating System supports RH
    Linux, SUN Solaris, HP-UX,
    IBM-AIX
  • Can be deployed in virtual
    infrastructures like VMWare,
    OracleVM, etc.
  • Application Server supports
    JBOSS, Websphere, Weblogic
  • Database: Oracle 11g Release 2
    or higher
  • 24x7 Operation
  • EOD under 15 minutes
  • Benchmarked to handle 105 Million
    transactions per day
  • XAP (Xtreme Account Processing)
  • RTRU (Run Time Re-Use)
  • Fully Compliant with PKI/RSA
    security framework
  • Security Review by E&Y
  • Security Certification by Deloitte

DO ANY OF THESE PAINS RESONATE WITH YOU?

In a fast paced economy impacted by local and global events, Central Banks are under tremendous pressure to keep the financial health of their country under control. Based on our engagements with Central Banks across the globe, we have identified the top pain points of Central Banks in 5 specific areas – Business, Operations, Technology, Implementation and Support.

Which of these pain points resonate with you?

BUSINESS

  • New policy implementation takes too much time
  • Cumbersome process of drawing fragmented data across disparate systems
  • Duplication of efforts across multiple systems

OPERATIONS

  • Inability to meet business requirements due to inflexible business rules
  • Lack of centralized view of risk leading to inaccurate, inconsistent reporting
  • High cost of operations; Huge efforts for reconciliation

TECHNOLOGY

  • Rigid technology and accelerated obsolescence
  • Multiple Product Engines & Channels; High cost of maintenance & support
  • High bandwidth and huge hardware sizing

IMPLEMENTATION

  • Uncertain & delayed go-lives due to heavy customization
  • Systems working in silos causing integration and interface issues
  • Data inaccuracy due to extraction and migration from multiple sources

SUPPORT

  • Lack of central bank specific roadmap
  • Vendors unable to align with SLAs for mission critical support
  • Implementation of new policies need heavy customization

Intellect Quantum is designed around the “anything can change anytime” principle. Speed and ease of change, therefore, becomes a critical factor for the functioning of Central Banks. Our goal is equip Central Banks with the ability to implement policy changes almost immediately. We achieve this systematically by improving response times at multiple levels using our globally appreciated 10T framework.

1

Rapid Policy Implementation

2

Zero Recon and Online Real-Time Balance Sheet

3

Real-Time One Click Dashboards and Risk Analytics

4

National Level Balance Consolidation & Treasury Single Account (TSA)

5

State-of-The-Art Online Portal

6

Auction Management And Depository

7

Currency Life Cycle Management

8

Real-Time Collateral And Liquidity Management

9

24X7 - Reliable And Secured Operation

10

Implementation Certainity

As a Banker to the Government, a Banker to Banks, a Government Debt Manager, a Currency Manager & the overall Supervisor & Regulator of the country, Central Banks have to deal with high levels of complexity. Intellect's Quantum Landscape provides a comprehensive platform for Central Banks with a flexible choice of instruments. The solution empowers Central Banks with faster decisioning and timely intervention with the help of 360 degree dash board views, On-demand financial statements & reports and Real Time Risk monitoring.

Customer Management & Online Portal

10

  1. Grouping & Baskets
  2. Controls & Validations
  3. Blacklist & AML
  4. Comprehensive data set
  5. Online Portal for govt./FIs

Accounts

20

  1. Products for Banks and
    Government
  2. Comprehensive limits and
    interest rate types

Currency and Vault Management

30

  1. Currency lifecycle Management
  2. Vault/Chest Management
  3. Monitoring & Tracking

Depository & Public Debt Management

40

  1. Auction Management
  2. Underwriting
  3. Simulation & Allotment
  4. DVP-1, 2 & 3 based Settlement
  5. Comprehensive Security Services

Collateral
Management

50

  1. Advanced Collateral Pool
  2. Comprehensive Eligibility Factors, Haircuts, and Concentration limits
  3. Revaluation and Margin Call
  4. Intraday Liquidity

Government
Services

60

  1. Treasury Single Account
  2. Surplus/Deficit Management
  3. Payments/Receipts
  4. Agency Transactions
  5. Tax Collection
  6. Settlement/Reporting

Credit/Market Operations

70

  1. Comprehensive Limits and
    Interest Rate Types
  2. Open Market Operations
  3. REPO/Reverse REPO
  4. Short Term, Long Term and
    Overnight Lending

Account Sweeps

80

  1. Notional pooling and interest calculation
  2. Flexible Rules
  3. Advanced Triggers
  4. Sweep and Reverse Sweeps

Pricing/Invoicing

90

  1. Flexible Rules
  2. Invoicing/Collection
  3. Flexible Fees Structures

Enterprise General
Ledger

100

  1. Real-time Balance Sheet
  2. Integrated Budget/FA
  3. n-Tier Structure
  4. Financial reporting tool

Treasury/Risk Management

110

  1. MM, Equities, Fixed Income
  2. Derivatives
  3. Reserves Management
  4. Limits/Risk Management
  5. ACU, IMF SDR, Risk analytics

National Payment
Systems

120

  1. Gross/Net Settlements
  2. Advanced Liquidity Management
  3. Dynamic Settlement
  4. Low/High Value Payments

Benchmarked to support over 100 million transactions a day, Intellect Quantum's robust architecture is designed for Complexity Reduction. An application server agnostic platform, the technology architecture is designed for superior scalability and uncompromising security. The state of the art, fully compliant technology architecture enables smooth operations, Zero Recon & EOD in minutes.

HIGH PERFORMANCE
ARCHITECTURE

BUILT WITH LATEST TECHNOLOGY

  1. Built with sophisticated digital
    framework with customer centric
    design
  2. Fully compliant with JEE5, Java, JSF
    and AJAX
  3. Event driven business processes
    with advanced notification and
    report delivery framework

SERVICE ORIENTED ARCHITECTURE

  1. Easy Integration with other systems
    through in-built Service Enablement
    and Service Integration Layer
  2. Supports ISO20022, 15022, 8583,
    Proprietary XML, TXT, CSV, XLS over
    MQ, SOAP, RESTFul, HTTPS, SFTP,
    APIs etc.

SERVICE ORIENTED ARCHITECTURE

  1. Hardware, OS and Application
    server agnostic
  2. Operating System supports RH
    Linux, SUN Solaris, HP-UX,
    IBM-AIX
  3. Can be deployed in virtual
    infrastructures like VMWare,
    OracleVM, etc.
  4. Application Server supports
    JBOSS, Websphere, Weblogic
  5. Database: Oracle 11g Release 2
    or higher

SERVICE ORIENTED ARCHITECTURE

  1. 24x7 Operation
  2. EOD under 15 minutes
  3. EOD under 15 minutes
  4. Benchmarked to handle 105 Million
    transactions per day
  5. XAP (Xtreme Account Processing)
  6. RTRU (Run Time Re-Use)
  7. Fully Compliant with PKI/RSA
    security framework
  8. Security Review by E&Y
  9. Security Certification by Deloitte
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designed specifically
for Central Banks

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