Intellect Design Arena Ltd , a global leader in enterprise-grade financial technology, has achieved a significant milestone in the banking innovation sector. The company's eMACH.ai Transaction Limits Management (TLM) solution has been awarded the Gold medal for Best Innovation in Operational Efficiency at the prestigious Datos Insights Impact Awards in Commercial Banking & Payments.

Revolutionizing Payment Processing

The award-winning TLM solution addresses one of the most pressing challenges faced by global banks today: delivering high-value and instant payments across complex, multi-level corporate structures. Built on Intellect's enterprise-grade, composable eMACH.ai platform, the TLM solution offers:

• Cloud-native, real-time decisioning engine
• Automation of pay/no-pay process across complex corporate hierarchies
• Processing capacity of 1.5 million payments daily at 200 transactions per second
• Operations across 22 countries in North America, UK, and Europe
• Up to 99.9% straight-through processing while reducing manual referrals

Expanding Capabilities

Intellect is actively expanding TLM's capabilities into:

• Trade Finance
• Supply Chain Finance
• Capital Markets

Additionally, Intellect is enhancing AI/ML features for intelligent automation and developing a Stand-in Shadow Balance module. This module aims to reduce decision-making latency and maintain operational continuity during core system outages.

Industry Recognition

Manish Maakan, CEO of Intellect Wholesale Banking, highlighted the significance of this achievement: "Banks today face an impossible triangle: increase payment speed, reduce operational costs, and maintain strict risk controls. Our Transaction Limits Management platform solves this by offering real-time, intelligent decisioning that achieves up to 99.9% straight-through processing while almost eliminating manual referrals."

Erika Baumann, Director of Commercial Banking & Payments Practice at Datos Insights, commended the solution: "Intellect's eMACH.ai TLM solution represents a meaningful step forward in operational efficiency for wholesale banking. Its cloud-native architecture and API capabilities address some persistent industry challenges."

Company Profile

Intellect Design Arena Ltd has established itself as a formidable player in the financial technology sector:

This award reaffirms Intellect Design Arena's commitment to delivering cutting-edge technology that positions financial institutions for sustainable growth in an increasingly complex and fast-paced digital landscape.

NCBA, a leading Kenyan bank, has made a significant leap in corporate banking services by launching Connect Plus, an enhanced transaction banking platform powered by Intellect Design Arena 's eMACH.ai Digital Transaction Banking technology. This upgrade marks NCBA as the first bank in East Africa to deploy Intellect's cloud-based banking solution, setting a new standard for digital banking in the region.

Enhanced Features and Capabilities

Connect Plus introduces several improvements to NCBA's corporate banking services:

• Faster transaction processing
• Expanded payment options
• Enhanced reporting tools
• Advanced cash liquidity management
• Seamless integrations with other financial services platforms

These enhancements are designed to provide a more streamlined, secure, and user-friendly digital banking experience for NCBA's corporate clients.

Strategic Importance

James Gossip, Managing Director of NCBA Kenya Bank, emphasized the strategic importance of this upgrade:

"NCBA's digitally enabled transaction banking suite is a major move towards becoming a dominant bank in Kenya that serves Corporates and SMEs with a full array of products for all their local and international transaction banking needs, at a competitive price and to support the Government's Kenya Digital Economy initiative based on Kenya Vision 2030."

Global Technology Partnership

The implementation of Intellect's eMACH.ai technology at NCBA is part of a broader trend in global banking. Manish Maakan, CEO of Intellect Wholesale Banking, noted:

"Today, as more than 70% of the world's top banks #winwitheMACH.ai, we aim to continually help our clients to not only exceed customer expectations but also empower them to adopt an innovative position in the corporate banking space."

This marks Intellect's third major digital transformation in Kenya, bringing their client count in the Sub-Saharan region to 23.

Comprehensive Digital Transformation

The new platform offers a range of services including:

• Account Services
• Payments
• Collections
• Liquidity Management
• Trade Finance
• Host-to-Host services

These services are delivered through a composable, cloud-native platform powered by microservices and open banking APIs, ensuring a future-proof banking transformation.

NCBA's Market Position

NCBA stands out as one of Kenya's leading banks by asset size, with an extensive network of 100 branches and banking agencies throughout Kenya. The bank's commitment to innovation and digital transformation reinforces its position as a leading digital bank in the African region.

As the financial landscape in Africa continues to evolve rapidly, NCBA's adoption of advanced digital banking solutions positions it at the forefront of this transformation, ready to meet the changing needs of its corporate and SME clients across the region.