Chennai: Leading fintech firm Intellect Design Arena has announced that State Bank of India (SBI) has chosen Intellect Wealth Qube® – Digital Wealth Management suite for its digital wealth management transformation agenda.
The Wealth Management Business is the Bank’s top priority and its primary task is to offer the best products across categories from leading fund houses giving their customers the flexibility to invest, transact and view their portfolio through digital channels such as internet banking, mobile and remote relationship model and the Bank felt that Intellect’s Wealth Qube was the perfect fit.
State Bank of India has chosen Intellect’s digital wealth, contextual and composable platform to accelerate business expansion and improve operational efficiencies through STP. The Bank was looking for a robust modular platform across front, mid and back office powered by deep predictive analytics, AI/ML with strong in-built regulatory controls across customers, Bank and markets. The digital platform will enable the Bank to provide its customers with a DIY wealth platform and the architecture is such that it allows the Bank to deliver customer delight with the ability to keep adding new products and services quickly.