IntellectAI's WealthForce.AI secures prestigious win in the 'Innovative Use of Artificial Intelligence' Category at WealthBriefing MENA 2023

IntellectAI, the WealthTech and Insurtech business of Intellect Design Arena, has once again achieved prestigious recognition, this time at the WealthBriefing MENA Awards 2023. WealthForce.ai from IntellectAI has been declared the winner in the "Innovative Use of Artificial Intelligence" category, underscoring its commitment to revolutionising the wealth management industry in the Middle East and North Africa (MENA) region and to empower the cognitive enterprises in their transformational journey.

WealthForce.AI, the flagship wealth offering of IntellectAI, is revolutionising the MENA wealth management market with its advanced AI and data capabilities. Powered by eMACH.ai framework, the solution emphasises Event-driven, microservices-enabled, API-led, Cloud-native, and Headless architecture, embedded with cutting-edge AI technology to foster cognitive growth. The AI capabilities transition the enterprise from determinism to a probabilistic, learning, interpretative experience.

Banesh Prabhu, CEO of IntellectAI, expresses his gratitude for this distinguished award from Clearview Financial Media, remarking, "This accolade from a respected authority in the financial media sphere further cements our position as a leader in wealth management innovation. We are dedicated to enabling banks and wealth management firms in the MENA region to offer hyper-personalised and highly effective customer experiences."

"The integration of AI and data analytics at critical stages of the customer journey is pivotal in personalising customer engagements, proactively optimising portfolios, streamlining operations, enhancing client retention, and growing market presence. Our platforms are adept at embracing current trends while complying with regulatory standards, a key aspect in today's dynamic market," he added.

The WealthBriefing MENA Awards, renowned for their rigorous selection process and an esteemed panel of independent judges, recognizes excellence and innovation in the wealth management sector. IntellectAI's victory in this highly competitive category reflects its commitment to delivering state-ofthe-art AI solutions in the wealth management industry inclusive of personalised ESG analytics.

Stephen Harris, ClearView Financial Media's CEO, and publisher of Wealthbriefing, was first to extend his congratulations to all the winners "Every category winner and highly commended firm has been subjected to rigorous and independent judging process and be rightly proud of the success they have achieved this year. We have seen a marked increase in entrants and interest in all our global awards programmes and Wealthbriefing MENA is no exception. These awards are so beneficial as they give organisations and individuals the opportunity to clarify their strategic thinking, have it independently validated, be recognized internally and externally and celebrate in style with their peers.

I offer my congratulations and best wishes for the future to all winners and highly commended firms - they are all worthy recipients who join the elite list of wealth management professionals who form the global elite of Wealthbriefing MENA winners."

Shares of Intellect Design Arena Limited was last trading in BSE at Rs. 689.05 as compared to the previous close of Rs. 694.20. The total number of shares traded during the day was 8991 in over 526 trades.

The stock hit an intraday high of Rs. 700.50 and intraday low of 685.15. The net turnover during the day was Rs. 6239953.00.

Source : Equity Bulls

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IntellectDesignArena INE306R01017 IntellectAI WealthTech Insurtech WealthBriefingMENAAwards2023