IntellectAI wins big at Real Innovation Technology Awards 2024

IntellectAI, the Wealthtech and Insurtech arm of global fintech leader Intellect Design Arena, announces its win in the "Best Use of New Technologies" category at the Real Innovation Technology Awards 2024 for its exceptional implementation of advanced technologies at one of the UK's largest wealth managers.

This accolade recognises IntellectAI's pioneering efforts in revolutionising the wealth industry through the use of cutting-edge DevSecOps and AI technologies. The company's innovative solutions have significantly enhanced operational efficiency, bolstered cybersecurity, and improved customer experience, setting a new benchmark for digital transformation in the wealth management industry.

IntellectAI has achieved remarkable results, including:

- Reducing release cycle time by more than half, ensuring faster and more reliable service delivery.

- Saving approximately 18,000 man-hours annually through efficient resource management.

- Strengthening cybersecurity by detecting and mitigating security threats early.

- Improving client satisfaction through rapid updates and hyper-personalised customer experience.

IntellectAI upheld the quality of its implementation through meticulous planning, strategic communication, rigorous testing, continuous evaluation, and comprehensive training. This approach ensured the technical success of the project, cost efficiency, and alignment with strategic objectives.

"We are thrilled to receive this award," said Banesh Prabhu, CEO of IntellectAI. "Our innovative use of DevSecOps and AI technologies has not only set new standards in operational efficiency and client service quality but also demonstrated the transformative potential of technology in driving sustainable business growth. This recognition is a testament to our team's dedication and our commitment to leading the digital transformation in the financial services industry."

Shares of Intellect Design Arena Limited was last trading in BSE at Rs. 1043.35 as compared to the previous close of Rs. 1018.85. The total number of shares traded during the day was 14215 in over 1629 trades.

The stock hit an intraday high of Rs. 1055.25 and intraday low of 1019.00. The net turnover during the day was Rs. 14756486.00.

Source : Equity Bulls

Keywords

IntellectDesignArena INE306R01017 IntellectAI Award RealInnovationTechnologyAwards2024