Intellect, LTIMindtree partner to enhance financial services in MEA and APAC

Enterprise financial technology provider Intellect Design Arena has partnered with IT services firm LTIMindtree to enhance financial services across the Middle East, Africa (MEA), and Asia-Pacific (APAC) regions. The collaboration will leverage Intellect’s eMACH.ai and iTurmeric platforms alongside LTIMindtree’s expertise in digital transformation to offer innovative solutions tailored to the financial sector.

By integrating Intellect’s enterprise-grade financial technology with LTIMindtree’s experience in delivering complex transformation projects, the initiative seeks to optimise banking operations, lending, payments, and wealth management services.

This alliance will enable banks and financial institutions to deploy improved digital infrastructure, streamline processes, and enhance customer experiences. Intellect’s eMACH.ai platform, designed for open finance, and the low-code integration suite iTurmeric will work in conjunction with LTIMindtree’s capabilities in design, development, and system integration to support core banking and financial services.

As per the company, with a focus on seamless integration and quicker deployment, financial institutions will be able to roll out digital solutions more efficiently, reducing time-to-market while improving service delivery. Additionally, ongoing technical support and skill development initiatives will ensure long-term success for stakeholders.

Kannan Ramasamy, Chief Partner Officer at Intellect Design Arena, said that the partnership reflects a shared vision for reshaping financial services with agility and intelligence. He emphasised that the use of eMACH.ai would not only help institutions keep pace with digital advancements but also position them as industry leaders.

Ram Khizamboor, Chief Delivery Officer at LTIMindtree, said that by integrating Intellect’s technology with LTIMindtree’s services, financial institutions would gain access to scalable solutions that enhance efficiency and customer engagement.

In an another development. LTIMindtree has strengthened its partnership with Arenco Group, a diversified business conglomerate operating in real estate, hospitality, car rentals, furniture manufacturing, interior design, and other investments.

As part of this engagement, LTIMindtree will upgrade Arenco Group’s JD Edwards 9.1 system to the latest version and migrate the application to Oracle Cloud Infrastructure. This modernisation aims to enhance agility, reduce costs, improve performance, ensure regulatory compliance, and introduce new capabilities to drive business growth and innovation.