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Chennai, India, February 20, 2015:

Financial technology provider Intellect Design Arena has named Andrew England as Director of its UK subsidiary and head of strategy of its global transaction banking division (iGTB).

England leaves his position as external senior advisor of transaction banking for McKinsey, and brings to his new role years of experience in running global transaction banking, having held managerial positions with global banks, including Lloyds Banking Group, Unicredit Group, and Deutsche Bank.

“We are very excited to have Andrew on board,” says Manish Maakan, CEO of iGTB, Intellect Design Arena. “His strong domain experience and contacts bring immense value at a time when Intellect is expanding as a global powerhouse that addresses the needs of banks globally.”

England is expected to give the keynote speech at iGTB Middle East Client Advisory event in Dubai on February 25.
India-based Intellect Design Arena, a Polaris Group company, provides financial technology for banking, insurance, and other financial services, of which iGTB is the platform dedicated to Global Transaction Banking.

About Intellect Design Arena Ltd.

Intellect Design Arena Ltd, a Polaris Group company, is the world’s first full-spectrum banking products company with rich Intellectual Property developed over 25 years of deep banking domain experience, and the FT 8012 Design Centre, the world’s first design centre for financial technologies. Intellect’s products are built on the iDigital Platform with a range of products across :

  • Global Consumer Banking (iGCB) : Core Banking; Loan Servicing; Debt Management; Loan Origination; Collateral & Limit Management; Wealth; Financial Advisor; Cards; Omnichannel; Payments
  • Risk & Treasury Management (iRTM) : One Treasury; Basel III with Zf Risk Visualisation; Brokerage; Mutual Fund Exchange; Custody
  • Global Transaction Banking (iGTB) : Corporate Banking Exchange; Customer Onboarding; Payments Services Hub; Receivables Management; Cash Management; Liquidity Management; Funds Control; Trade Finance; Supply Chain Finance; Treasury
  • Insurance (intellectSEEC) : Distribution(Agent Workspace; Service & Distribution Exchange; Customer Distribution Exchange); Underwriting (Underwriting Workstation); Claims (Claims; Life Claims in the Cloud); Business Apps (Needs Analysis; Quote; e-App; Product Configurator); Business Component Software ( Business Component)

The Intellect iDigital Platform and suite of specialist products addresses the needs of financial institutions in varying stages of technology adoption and intelligent integration of legacy systems. And enables progressive digital transformation of banks for ever greater operational efficiencies, while being relevant and available across all forms of engagement: whether mobile, tablets or laptops. At the heart of this digital transformation that Intellect enables are the Operations Hubs for banking processes, and the Apps Vault for customer engagement and experience.

Intellect generates annual revenues of over Rs.550 Crore from product installations in 30 countries across 200 customers. The company’s performance is driven by over 3,000 Intellect solution architects, domain and technology experts, with a presence in major global financial hubs around the world. For further information on the organization and its solutions, please visit www.intellectdesign.com

 
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