The story of Intellect Design Arena began in 2003 with the launch of the 'Intellect' suite of products. With over a decade of significant Research and development investment, the Intellect suite is the largest in the industry, across Global Transaction Banking, Global Consumer Banking, Central Banking, Risk & Treasury Management and Insurance. With over 200 installed bases, Intellect has earned for itself numerous awards and analyst accolades. This page showcases some of the major accolades the organisation has received over the years.
Intellect wins CIO100 Award for UnMail's mobile feature
UnMail's on-the-Cloud implementation went live with approximate 30% of users on-boarded in the very first month. To drive up the user adoption and increase it usage outside the office, UnMail Mobile App was deployed. With today's workforce being largely a mobile-centric user community, mobility is no more an added feature, but the core need to effective communication and collaboration. Thus, mobility becomes a 'force multiplier' that enables seamless collaboration on the go. This has reflected in the use of UnMail in the organization jumping from an initial adoption rate of 35% to 80% at the end of 6 months. As on the date of adoption of UnMail is complete at 100% - touching all 4000 employees across team, departments and geographies.
The objective of making UnMail mobile, was to extend the main collaboration features of a Cloud-based solution to a handheld device such a smart phone or iPad. Native apps were developed for Android and IOS hand-held devices (to cover most of the employees) for anytime, anywhere access to notifications from day-to-day work updates (team broadcasts, team discussions, milestones, team appreciation, etc.), organization announcements, workflow conversations and approvals, private conversations, connections and knowledge discussion circles.
In addition to this award, CIO100 also presented Intellect the Collaboration Champion Award. This award also ushered Mr. Shashi Mohan, CTO-CIO, his fourth CIO100 Award positioning him the coveted CIO100 Hall of Fame.
The awards were presented at the 11th Annual CIO100 Symposium and Awards Ceremony conducted by IDG Media India Pvt Ltd on 1st September in Pune. The Objective of this project was to extend the main collaboration features of a cloud based solution to handheld devices, such as smart phones or tablets, as today's workforce is largely a mobile-centric user community.
Arun Jain awarded Visionary of India award by NexBrands Inc.
Arun was honoured for his excellent work in the industry for making a difference in totality & striving hard to attain peak & sustaining economy to grow as a superpower status. A man with a grand vision indeed, he believes the next Silicon Valley phenomenon will come out of India, powered by an IP led $100 billion product business, in the next ten years. Arun expressed that the dual thrust of Design Thinking and Risk Taking will propel India Inc. forward on the global stage.
Polaris bags 'Best Implementation of Green IT' Award at National IT Leadership and Excellence Award ceremony
Polaris wins three Asian Banker Technology Implementation Awards
Polaris has won three very prestigious awards at the Asian Banker's Summit held in Jakarta. The annual Asian Banker Summit is Asia’s largest and most prestigious gathering of decision makers from financial services around the region and the world. The event witnessed panel discussions, conferences and presented an immense networking opportunity for participants.
Polaris received the following awards for the categories below
- ADCB (Abu Dhabi Commercial Bank) and PolarisFT wins Best Lending Platform Project Award for 2012 - Read More
- RBI (Reserve Bank of India) and PolarisFT wins Best Central Bank technology Project Award for 2012 - Read More
- Saigon Hanoi Bank and PolarisFT wins Best Cross Border Core Banking Project for 2012 - Read More
Arun Jain wins the Indo-Asean Business Initiative Award 2008
The award was presented by Dr. S Jaishankar, High Commissioner, High Commission of India in Singapore in the presence of Mr. Aloysius Arlando, Asst. Chief Executive, Singapore Tourism Promotion Board and Mr. Syed Zakir Ahmed, CMD of ZAK Trade Fairs.
In his acceptance speech, Arun dedicated the award to the global presence of the 10,000 strong Polarites who helped make this happen
Polaris Shows Success That Goes Beyond The Main Banking Platform Functionality;
Forrester in its report Global Banking Platform Deals Vendors: 2006 states that: India's Polaris FT Lab won a total of 12 new banking platform customers with its Intellect Suite in 2006. In addition, Polaris enjoyed a further 19 deals in 2006 that did not count under the rules of our survey. Half of Polaris’ 12 deals are located in Asia Pacific, while North America, Europe, and the Middle East saw two deals each. The functionality of the counted deals included lending, credit origination, and credit management. The deals that could not be counted covered functionality like pure card and cash management projects.
Polaris has joined the Global challengers list becoming part of the group of key global players. All of them have sold a comparably homogeneous banking platform product line to at least four regions of the world.
Intellect Suite, a comprehensive, modern, flexible enterprise solution comprising seven major banking application platforms across Retail, Corporate and Investment Banking. It is the first pureplay SOA based application suite for BFSI players, desinged to enable quick response to business requirements while at the same time easing the process of modernizing legacy platforms
Polaris' Intellect Treasury wins The Banker Capital Markets Projects Award
The variety of entries has demonstrated that banks worldwide are rising to the twin challenges of meeting customer demands and regulatory requirements by implementing new solutions and innovating across channels and markets.
The awards recognise these successes and identify the most likely technologies that banks should be watching carefully for the next year.
This year, Intellect Treasury from Polaris has won the The Banker Capital Markets Projects Award.
Over 24 months, Intellect Treasury replaced the more than 20 year old platform of 27 European Risk Treasury branch systems of Citi. The project was completed by October 2006, with all replacements made on time and to budget. In addition, the systems incorporated 43 enhancements, which was double the number anticipated, and the judges were impressed by the size and breadth of the project.
Intellect Treasury is an integrated front, middle and back office system that is web–enabled and manages the entire treasury process from deal capture to accounting to final settlement.
Intellect Treasury is part of Intellect Suite, a comprehensive, modern, flexible enterprise solution comprising seven major banking application platforms across Retail, Corporate and Investment Banking. It is the first pureplay SOA based application suite for BFSI players, designed to enable quick response to business requirements while at the same time easing the process of modernizing legacy platforms.