Intellect Design Arena announced on February 20, 2026, the launch of Academic TeamSpace, a secure collaborative AI environment built on its Purple Fabric Open Business Impact AI platform. This initiative aims to enable colleges and universities to operationalise AI for learning, research and institutional innovation, marking a significant step in bringing enterprise-grade AI to the education sector.

Strategic Partnerships with Leading Educational Institutions

As part of this initiative, Intellect Design Arena signed Memorandums of Understanding with six leading institutes across India and the UAE. The partner institutions include:

These MoUs are intended to establish Academic TeamSpace hubs that will serve as shared AI innovation environments for academic institutions, promoting multi-departmental co-creation and creating an ecosystem for governed AI experimentation and applied learning.

Academic TeamSpace Platform Capabilities

Academic TeamSpace extends Intellect's Purple Fabric "Enterprise AI on Tap" model into the education sector, enabling institutions to access enterprise-grade AI through a subscription model while ensuring governance, academic integrity and responsible usage. The platform addresses the dual challenge faced by educational institutions: growing interest in AI-led learning and research coupled with reliance on fragmented tools and ungoverned experimentation that cannot scale institution-wide.

Powered by Purple Fabric, Academic TeamSpace provides domain-trained AI agents along with the ability for institutions to design and configure custom agents aligned to academic, research and administrative needs. This enables campuses to move beyond theoretical AI education towards practical, measurable outcomes.

Key Features and Benefits

The Academic TeamSpace platform facilitates institutions to achieve multiple objectives:

• Replace fragmented AI tools with a governed, shared AI innovation environment
• Provide students with hands-on exposure to enterprise-grade AI platforms
• Enable faculty-led AI research and applied problem-solving
• Deploy AI agents for academic administration and student support
• Build cross-campus collaboration across participating colleges
• Foster responsible AI adoption aligned with governance and ethics
• Create industry-aligned AI capability within academic ecosystems

By combining Purple Fabric's enterprise AI architecture with design-led innovation thinking, Academic TeamSpace is positioned as a living innovation lab where institutions can apply judgment-centric AI thinking to real-world challenges. The platform is supported by the Purple Fabric Academy for hands-on skills development in agentic AI and enterprise execution, and the Purple Fabric Community for peer learning, collaboration and expert interaction.

Leadership Vision and Strategic Direction

Arun Jain, Chairman and Managing Director of Intellect Design Arena and Chief Architect of Purple Fabric, emphasised the strategic importance of this initiative: "India's AI future will be shaped not only by enterprises but by campuses that produce AI-ready talent. Academic TeamSpace is designed to give institutions access to the same governed, enterprise-grade AI architecture used in production environments. When students learn AI in a controlled, responsible ecosystem, they become industry-ready graduates."

Dr. Anbu Rathinavel, Chief Design Officer at Intellect Design Arena, who has been instrumental in shaping these MoUs, highlighted the integration of Design Thinking: "Education must move beyond teaching AI as a subject and instead enable students to experience AI as a system of thinking, designing and solving real problems. Academic TeamSpace brings together Design Thinking and Enterprise AI in a governed environment where learning becomes experiential."

Aligned with India's national vision for responsible AI adoption, Academic TeamSpace will serve as a model for educational institutions to safely integrate AI into learning, research and innovation while maintaining governance and ethical frameworks.

Intellect Design Arena , a global leader in enterprise-grade financial technology, has announced that Arab National Bank (ANB), a leading Saudi Arabian corporate bank, has successfully implemented its eMACH.ai Digital Transaction Banking solution. This strategic partnership marks a significant advancement in Saudi Arabia's wholesale banking digital transformation, directly supporting the Kingdom's Vision 2030 objectives.

Strategic Digital Transformation Initiative

The implementation represents a pivotal milestone in delivering next-generation wholesale banking solutions specifically tailored for the dynamic Saudi market. ANB's adoption of the eMACH.ai platform demonstrates the bank's commitment to driving digital innovation in Saudi Arabia's wholesale banking sector through strategic investments in future-ready technologies and customer-centric digital solutions.

Industry-Specific Solutions for Saudi Market

The eMACH.ai platform delivers tailored wholesale banking solutions aligned with the Kingdom's strategic industries, empowering organizations to drive operational excellence, financial control, and digital agility across multiple sectors:

Key Industry Applications:

• Oil & Gas: Near real-time cash position visibility across subsidiaries, banks, and currencies with automated disbursals for vendors, employees, and FX settlements
• Government Sector: Enhanced fiscal transparency and efficiency through real-time cash visibility and automated payment workflows across ministries and public sector entities
• Resources (Energy & Utilities): Centralized financial visibility and automated high-volume payments for large-scale, capital-intensive operations
• Real Estate & Construction: Centralized financial cockpit for cash flow monitoring by project, department, or entity with milestone-based payments
• Telecom: Complex receivables and payables control with real-time, high-volume cross-border and domestic payment processing
• FMCG: Real-time dashboards, automated transaction reporting, and multi-channel payment capabilities
• Trading & Logistics: FX loss mitigation through online FX rate negotiation and automated cross-border payment solutions

Platform Capabilities and Features

The implementation introduces several key differentiating capabilities that position ANB competitively in the Saudi banking market:

Leadership Perspectives

Aiedh M. Al-Zahrani, Chief Operating Officer at Arab National Bank, emphasized the transformational impact: "This transformation marks a new era of operational agility and efficiency at ANB. By digitising our core transaction banking services through Intellect's eMACH.ai platform, we are strengthening our ability to serve clients with faster turnaround times, reduced complexity, and smarter workflows."

Omar Alageel, Chief Digital Officer at Arab National Bank, highlighted the strategic significance: "Digital transformation is central to ANB's strategy of delivering intelligent and differentiated banking experiences. This partnership with Intellect is more than a technology upgrade. It's a foundational shift towards a digital-first future."

Manish Maakan, CEO - Wholesale Banking at Intellect Design Arena Ltd., noted the regional impact: "ANB's strategic investment in eMACH.ai marks a pivotal step in advancing Saudi Arabia's digital banking capabilities. This milestone cements Intellect's leadership in the GCC region with 40+ customers and showcases our commitment to delivering purpose-built technology that aligns with industry priorities and Vision 2030."

About Intellect Design Arena Limited

Intellect Design Arena Ltd is a global leader in AI-First, enterprise-grade financial technology, delivering composable, intelligent platforms across Wholesale Banking, Consumer Banking, Central Banking, Wealth, Capital Markets, Treasury, Insurance and Digital Technology for Commerce. The company serves over 500+ customers across 61 countries, supported by a global workforce of domain, solution and technology experts.