JKB Financial Services Ltd.

As on : 05-Jun-2025

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05-Jun-2025 15:00

Intellect Design bags major deal for its digital engagement platform from large South African Bank

eMACH.ai DEP will be deployed as a single instance in South Africa, seamlessly serving the bank's entities across 6 countries on cloud and 3 on-premise to satisfy local data residency requirements. This comprehensive platform will cater to both corporate and retail customers, providing a unified and enhanced customer experience.

Rajesh Saxena, CEO, Intellect Consumer Banking, said: 'The engagement with the bank is a testament to the robust capabilities of our eMACH.ai Digital Engagement Platform.

Intellect has successfully provided a highly personalised experience to global banks with multi-country implementations. We are confident that yet again, DEP will significantly enhance the bank's digital initiatives, empowering them to deliver exceptional value to their customers across multiple regions.'

Intellect Design Arena has a comprehensive portfolio of products across global consumer banking, central banking, risk & treasury management, global transaction banking, and insurance and is engaged in the business of software development.

The company reported an 85.45% year-on-year (YoY) jump in consolidated net profit to Rs 135.32 crore in Q4 FY25, supported by an 18.69% increase in total income to Rs 748.55 crore.

The scrip shed 0.79% to currently trade at Rs 1184.80 on the BSE.

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