Intellect Design Arena recognised as a finalist of the 2024 Microsoft Financial Services Award Partner of the Year

Intellect Design Arena Ltd, a cloud-native, API-led microservices-based, multi-product FinTech company for the world's leading financial and insurance institutions, today announced it has been named a finalist of the Financial Services Award 2024 Microsoft Partner of the Year Award. The company was honoured among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.

Kannan Ramasamy, Chief Partner Officer, Intellect Design Arena Limited said, "We are proud to be named finalists in the Financial Services category, underscoring our commitment to innovation and excellence in the fintech industry. This recognition showcases the transformative impact of our First Principles Thinking-based Enterprise Connected Intelligence Platform, eMACH.ai. It is a testament to the exceptionalism of our team whose visionary leadership and creativity propel our achievements. Every innovation, driven by our core values, design thinking, advanced technology, and customer-centric approach, reflects our relentless pursuit of excellence and our goal to make a substantial impact in the financial sector."

The Microsoft Partner of the Year Awards recognise Microsoft partners that have developed and delivered outstanding Microsoft Cloud applications, services, devices, and AI innovation during the past year. Awards were classified into various categories, with honorees chosen from more than 4,700 nominations from more than 100 countries. Intellect was recognised for providing outstanding solutions and services in the Financial Services Award.

The catalyst for Intellect's success is its eMACH.ai platform, the most comprehensive, composable, and intelligent open finance solution in the market. Featuring an extensive suite of 329 microservices, 535 events, and over 1757 APIs, eMACH.ai equips financial institutions to build future-ready solutions, giving them a competitive edge on the global stage. Intellect's strategy prioritises customer-centric development, focusing on creating significant business impacts rather than just technology optimisation.

"Congratulations to the winners and finalists of the 2024 Microsoft Partner of the Year Awards!" said Nicole Dezen, Chief Partner Officer and Corporate Vice President at Microsoft. "The momentum generated by numerous AI & Copilot announcements this year fueled innovation from our partners, enabling groundbreaking services and solutions to customers. I am inspired by the capability and creativity in our partner ecosystem and this year's winners beautifully demonstrate the best of what's possible with AI and the Microsoft Cloud."

The 2024 Microsoft Partner of the Year Awards are announced ahead of MCAPS Start 2024 Microsoft Partner of the Year Awards press release guidelines for Partners, our digital event on July 10th and 11th.

Shares of Intellect Design Arena Limited was last trading in BSE at Rs. 1069.35 as compared to the previous close of Rs. 1024.95. The total number of shares traded during the day was 19073 in over 1738 trades.

The stock hit an intraday high of Rs. 1074.85 and intraday low of 1016.05. The net turnover during the day was Rs. 20199049.00.

Source : Equity Bulls

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IntellectDesignArena INE306R01017 Finalist