Intellect Design Arena ties with Myanma Foreign Trade Bank for digital transformation

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Team Infinities:

Intellect Design Arena Limited, NSE Symbol:INTELLECT, BSE Script Code: 538835, a leading digital technology company specialized in banking and insurance sector, tied up to work with the Myanma Foreign Trade Bank (MFTB). Intellect will install Intellect Digital Core 19.2 version in MFTB’s Digital banking. Digital Core 19.2 is a fully integrated solution which supports bank’s existing system as well as can respond to new market demands.

MFTB expects market growth in digital banking, with the help of cutting edge technology provided by Intellect, which consist parameterizable modules for every facility in finance, trading segments like CASA, deposits, trading finance etc. Intellect will implement a strong security system in ARX. And the most important, with a big change in digital banking system the bank will generates a hassle-free integration in all segments between existing system and new implementation.

CEO of IGCB, Intellect Digital Core banking business, Rajesh Saxsena, “It is an honour for us to power MFTB’s nation-building agenda. With the comprehensive IDC suite and ‘core in 24/7 mode’, we are confident of powering measurable growth for MFTB. We are delighted to work together with ACE Data Systems as a partner in this important project. We look forward to great synergy and superior outcomes.

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