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Intellect launches eMACH.ai WealthForce.AI in the Middle East region

Posted On: 2024-09-18 13:49:29 (Time Zone: IST)


IntellectAI, the AI-focused business unit of Intellect DesignArena, announced the launch of its cutting-edge wealth platform, WealthForce.AI, for the Middle East market. Composed on eMACH.ai, this transformative platform is designed to empower Relationship Managers(RMs) by leveraging Artificial Intelligence (AI) and advanced data analytics to achieve hyper-personalisation and hyper-automation, ultimately delivering unparalleled customer experiences.

WealthForce.AI is built on eMACH.ai standards-Event-driven, Microservices-enabled, API-led, Cloud- native, and Headless-making it a truly scalable and future-ready solution. By embedding AI at its core, the platform automates routine tasks and enhances decision-making, allowing RMs to deliver hyper- personalised, data-driven advice resonating with each customer's unique financial goals. The solution also integrates Generative AI tools, which take RM-client conversations to the next level by providing intelligent, context-rich insights during advisory interactions.

Intellect's award-winning WealthForce.AI platform is designed to streamline wealth management by minimising manual touchpoints and offering a contextualised, omnichannel customer experience at every stage. With features like personalised recommendations, real-time portfolio alerts, financial dashboards, and comprehensive reports, the platform enables both RMs and end customers to make smarter, more informed decisions.

Banesh Prabhu, CEO of IntellectAI, said, "We are thrilled to bring WealthForce.AI to the Middle Eastern market. Our solution is designed to empower Relationship Managers, helping them evolve into trusted advisors while also enhancing the wealth management experience for end customers. With its advanced AI capabilities, WealthForce.AI is poised to transform wealth management across the region, enabling institutions to deliver hyper-personalised, data-driven advisory services at scale."

He continued, "At IntellectAI, our DNA is centred around data and artificial intelligence. WealthForce.AI, powered by the eMACH.ai architecture, brings embedded AI capabilities to every stage of the wealth management journey, enabling institutions to boost revenue, reduce costs, and make the RMs' roles more productive. The personalised and contextualised AI tools ensure operational efficiency while enhancing the end customer's experience."

Shares of Intellect Design Arena Limited was last trading in BSE at Rs. 990.85 as compared to the previous close of Rs. 994.60. The total number of shares traded during the day was 7936 in over 771 trades.

The stock hit an intraday high of Rs. 997.45 and intraday low of 981.15. The net turnover during the day was Rs. 7859198.00.


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