Introducing Six Imperatives of BankTech Wave 5 and Launch of eMACH.ai by Arun Jain, CMD of Intellect

Wave 5 of Banking Technology has emerged as a game-changer in the industry, bringing six essential imperatives collectively known as the ABCDEF of the Banking Ecosystem Design, centered around Design Thinking principles.

The six imperatives are Architecture, Base of eMACH.ai, Composable, Data, Embedded AI and Intelligence, and Flexible and Extensible. Cloud technology can assist banks operating on legacy platforms to transition more seamlessly to a marketplace model. Banks typically operate a combination of old and new systems, both on-premise and in the cloud. What if all the imperatives of BankTech Wave 5 come integrated into one platform that will enable banks and financial institutions to curate their own unique “My Signature Solution”. The answer comes in the form of eMACH.ai, the world’s largest open finance platform.

Watch Arun Jain, Chairman and Managing Director of Intellect, explains the imperatives in detail at BankTech Wave 5 and launching eMACH.ai (the world's largest open finance platform). Intellect's thought leadership forum. The BankTech Wave 5 was powered by AWS, in association with CNBC TV 18.

Log on to https://emach.ai/ to learn more about eMACH.ai.

---------------------------------------------
About Intellect Design Arena Limited

Intellect Design Arena Ltd. has the world’s largest cloud-native, API-led microservices-based multi-product platform for Global leaders in Banking, Insurance, and Capital Markets. With over three decades of deep domain expertise, Intellect is the brand that progressive financial institutions rely on for digital transformation initiatives. It offers a full spectrum of banking and insurance technology products through its three lines of businesses – Intellect Global Consumer Banking (iGCB), Intellect Global Transaction Banking (iGTB), and Intellect AI.

Intellect pioneered Design Thinking to create cutting-edge products and solutions for banking and insurance, with design being the company’s key differentiator in enabling digital transformation. FinTech 8012, the world’s first design center for financial technology, reflects Intellect’s commitment to continuous and impactful innovation, addressing the growing need for digital transformation. Intellect serves over 270 customers across 57 countries and with a diverse workforce of solution architects, and domain and technology experts in major global financial hubs around the world. For further information on the organisation and its solutions, please visit https://www.intellectdesign.com

------------------------------------------------
Follow us on:
Twitter: http://bit.ly/INTtwitter
LinkedIn: http://bit.ly/INTlinkedin
Facebook: http://bit.ly/INTfacebook
Instagram: https://bit.ly/IDAnstagram

------------------------------------------------ #eMACH.ai, #IntellectBankTechWave5, #IntellectCNBCTV18, #openfinanceplatform, #BankingFinancialServices, #MySignatureSolution, #comprehensivePlatform, #composablePlatform, #contextualplatform, #MACHReadyArchitecture, #Marketplace