Intellect Design Arena has announced the opening of its AI-led innovation centre in GIFT City, an epicentre of Global Finance and IT in India.
The establishment of this centre marks a significant milestone in the realm of financial technology, showcasing Intellect’s commitment to pushing the boundaries of innovation.
The raison d’être for this avant-garde facility stems from Intellect’s dedication to spearheading the development of next-generation, decision-grade AI technology.
The AI-led innovation centre in GIFT City is poised to become the crucible for the eMACH.ai architecture, a pioneering technology designed to revolutionize the operations of global financial firms. This strategic initiative is expected to catalyse a new era of innovation in the FinTech sector, reinforcing Intellect’s position at the forefront of the industry.
Intellect Design Arena is renowned for its pioneering role in transforming the global financial landscape.
The company’s expertise in creating cutting-edge financial technology solutions has set new standards for innovation and excellence. With a portfolio that spans across banking and insurance sectors, Intellect has consistently demonstrated its ability to anticipate market needs and deliver state-of-the-art solutions that redefine industry benchmarks.
The new AI innovation centre sprawls over an impressive 8000 sq. ft. area in GIFT City and is set to house over 120 highly skilled FinTech Engineers. These engineers will be instrumental in developing and implementing Intellect’s groundbreaking eMACH.ai suite of technologies.
Their collective expertise will ensure that GIFT City evolves into a nexus for the advancement of decision-grade AI technology, thereby augmenting the centre’s global stature as a hub for technological innovation.
The centre is not just a testament to Intellect’s technological prowess but also a symbol of global connectivity. By linking FinTech research engineers with 8 global hub cities, including New York, London, Frankfurt, Toronto, Singapore, Melbourne, Chennai, and Mumbai, the centre is set to amplify the global impact of the eMACH.ai suite of technologies.
This interconnected network underscores Intellect’s commitment to fostering collaboration and innovation on a global scale.
At the inauguration, Arun Jain, Chairman and Managing Director of Intellect Design Arena Limited, expressed his enthusiasm, “Intellect is proud to be part of this unprecedented ecosystem for crucial economic activities with its state-of-the-art financial and technology solutions and is in sync with the vision of the Government to create a world-class finance and IT Zone for India.
“It will provide services at a global scale way beyond the boundaries of India to the entire world. Intellect’s facility will benefit not only banks and Insurance institutions, but its AI-led technologies will also cater to Global Business Service centres, International Exchanges, Global Brokerage firms, Private Equity firms, Capital Markets and many other parts of the global financial ecosystem.”
He further highlighted the strategic significance of the move, “This strategic move positions Intellect at the forefront of the global financial technology landscape. Our presence in GIFT City signifies not only a physical expansion but a deeper dedication to advancing the future of finance through AI-led technology powered by our signature eMACH.ai architecture.”
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