Intellect Design Arena wins the prestigious AI for Financial Services Award at the UK's National AI Awards 2025

Intellect Design Arena Ltd. today announces that it has won the AI Award for Financial Services at this year's National AI Awards held on 16th October 2025 in the United Kingdom.

The recognition celebrates Intellect's pioneering work in deploying enterprise-grade digital experts through its Purple Fabric platform, transforming complaints handling for a leading UK wealth management firm. The system leverages multiple specialised Digital Experts covering data ingestion, data gathering, investigation, and reporting, working together in synergy, to deliver faster, explainable, and compliant resolutions. The deployment is fully aligned with the Financial Conduct Authority's (FCA) Consumer Duty regulations in the UK. The solution has enabled case handlers to process complaints up to 10x faster, achieving over 80% SLA compliance and dramatically improving customer experience, thus demonstrating measurable business impact for financial institutions.

The National AI Awards were established to recognise excellence across the rapidly growing field of artificial intelligence. This year's ceremony was hosted by Zoe Kleinmann, Technology Editor at the BBC. Opening remarks from invited guests framed the evening as a showcase of the UK's global leadership in AI and a reminder of the unseen work that goes into building safe, ethical and transformative systems.

Expressing his views on the win, Banesh Prabhu, CEO of IntellectAI said, "Winning a globally recognised National AI Award for Financial Services is a profound honour. This achievement reaffirms Intellect's capabilities to build explainable, compliant, and human-centric AI experts that set new global standards for the future of financial technology and work. Our Purple Fabric platform, the world's first Open Business Impact AI platform, exemplifies how multi-agent systems act as digital experts to augment human operation with a digital workforce."

Fergus Bruce, CEO of The National AI Awards, praised the winners of this year's event and said: "This has been our most ambitious year yet, with nominees showing the full spectrum of how AI is reshaping industries. The winners in the business category embody leadership that combines innovation, responsibility and measurable impact. They are setting a standard for how AI can deliver commercial success while driving wider progress, and their achievements will inspire others to follow. Congratulations on raising the benchmark for the industry."

Shares of Intellect Design Arena Limited was last trading in BSE at Rs. 1096.70 as compared to the previous close of Rs. 1089.15. The total number of shares traded during the day was 6523 in over 522 trades.

The stock hit an intraday high of Rs. 1100.95 and intraday low of 1086.35. The net turnover during the day was Rs. 7143842.00.

Source : Equity Bulls

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