iGTB apporte de nouvelles solutions à la Société Générale

Référence mondiale, la solution contextuelle de gestion des liquidités LMS (Liquidity Management Solution) d’iGTB permettra à la Société Générale et à ses clients entreprises de bénéficier d’un moyen d’optimiser leurs liquidités, tout en libérant les excédents de trésorerie bloqués, en réduisant les risques et en atténuant les effets des taux d’intérêt négatifs.

Londres, le 3 mai 2021 : Intellect Global Transaction Banking (iGTB), division d’Intellect Design Arena Limited spécialisée dans les transactions bancaires et classée n°1 mondial par IBS Intelligence dans le domaine du Transaction Banking, vient d’annoncer qu’elle soutiendrait la Société Générale, principal acteur de l’économie depuis plus de 150 ans desservant quotidiennement 29 millions de clients et employeur de 138 000 personnes dans 62 pays, dans sa mise en œuvre de la solution de gestion des liquidités n°1 dans le monde.

Même si 2020 a été une année de grande résilience, elle a mis en évidence le besoin urgent pour les banques de fournir à leurs clients entreprises des mécanismes de gestion de trésorerie et des liquidités d’entreprise beaucoup plus sophistiqués, basés sur l’automatisation et la digitalisation. De nouvelles capacités sont nécessaires pour relever les défis combinés que constituent les taux d’intérêt négatifs, les restrictions sur la centralisation de trésorerie multi-devises et transfrontalière, les attentes croissantes en matière de libre-service et pour faire bénéficier les trésoriers d’entreprise de l’efficacité interfonctionnelle. En même temps, les institutions financières ont soigneusement consolidé leurs bilans et dynamisé les efficiences opérationnelles, afin d’être suffisamment fortes pour faire face à un environnement économique incertain.

Dans ce contexte, la Société Générale a choisi Intellect iGTB pour son système LMS (Liquidity Management System), référence mondiale des systèmes de gestion des liquidités.

Le système LMS d’iGTB et sa suite de produits de gestion des liquidités, ont été conçus sur la prémisse selon laquelle chaque euro de liquidité de l’entreprise finira éventuellement par constituer un euro de responsabilité bancaire. Référence de sa catégorie du système LMS, la centralisation en temps réel est complétée par un éventail d’outils. Ils permettent au trésorier de l’entreprise d’assurer la gestion 100 % automatisée des liquidités sur de multiples comptes, entités, devises, régions et établissements bancaires. Pour étayer la relation symbiotique entre le trésorier d’entreprise et la banque, la suite Liquidity Management de gestion des liquidités d’iGTB est dotée de fonctions pour améliorer les métriques du bilan de la banque et, simultanément, fournir la valeur qui convient aux liquidités et dépôts de l’entreprise

En adéquation avec sa stratégie centrée client et d’accroissement de l’efficience opérationnelle, la Société Générale est particulièrement favorable à cette coopération avec iGTB, grand habitué de l’accompagnement des grandes banques mondiales. Société Générale est convaincue qu’ils sauront, ensemble, faire bénéficier ses clients entreprises des meilleures solutions disponible.

Manish Mais qu’en dit Manish Maakan, PDG d’iGTB « Ce contrat montre une fois de plus à quel point iGTB, en partenariat avec des banques de référence comme la Société Générale, est le leader du marché dans le domaine de la gestion des liquidités. En choisissant iGTB pour accompagner la Banque dans son parcours de transformation digitale et ses plans de croissance, Société Générale montre sa volonté d’améliorer le niveau de satisfaction de ses clients tout en préparant l’avenir. Avec ce nouveau partenariat de gestion des liquidités, quatre des six plus grandes banques d’Europe sont désormais clients d’iGTB. Il renforce notre position de partenaire de choix des plus grandes institutions financières mondiales et confirme notre statut de leader mondial de la gestion des liquidités et des transactions bancaires. »

La solution de gestion des liquidités d’iGTB est une plateforme de gestion des liquidités 100 % disponible dans le cloud. Elle se compose notamment de fonctionnalités de base prêtes à l’emploi telles que le balayage de trésorerie, la centralisation notionnelle, les prêts interentreprises, les balayages d’investissement, le traitement de valeur liquidative de fonds, le suivi des liquidités en temps réel et les toutes dernières trouvailles en matière d’expérience utilisateur client. LMS est le leader du secteur pour les banques qui proposent des produits de liquidité aux clients entreprises. Balayant chaque année plus de 4 trillions USD en espèces, attribuant des intérêts sur 35 trillions USD de soldes de cash pooling notionnel et autorisé par plus de 40 institutions financières à l’échelle mondiale, LMS s’acquitte d’une expérience client supérieure, sophistiquée, multi-comptes, multi-entités, multi-devises, multi-régions, multi-comptes de dépôt à vue et multi-banques. Présent dans 57 pays, LMS a prouvé sa capacité de respecter différentes exigences réglementaires, fiscales et juridiques à l’international.

Au sujet d’iGTB
The World Best Corporate Banks Bank on iGTB

iGTB est le chef de file mondial des plateformes intégrales de transaction bancaire d’Intellect. Il aide les banques d’affaires à se préparer en vue d’une nouvelle ère de services centrés client. Proposant une vaste gamme de produits de transaction bancaire couvrant Digital Transaction Banking, les paiements, les liquidités, le commerce et la chaîne logistique, iGTB fait autorité dans le domaine des produits verticaux et intégrés permettant aux banques de réaliser leur ambition de devenir le banquier principal de leurs clients entreprises.

iGTB intègre de manière transparente les besoins transactionnels des clients entreprises, qu’elle ravit avec Contextual Banking Experience (CBX). Cette plateforme de transaction bancaire digitale en marque blanche pour la gestion de trésorerie et des transactions des entreprises tire parti du Machine Learning et de l’analyse prédictive, via des API et l’expérience utilisateur omnicanal. Pour de plus amples détails sur iGTB, visitez https://www.igtb.com/.

À propos d’Intellect Design Arena Limited

Intellect Design Arena Ltd, plateforme Fintech cloud-native, prête pour l’avenir et multiproduits au service des clients chefs de file mondiaux du secteur de la finance et des assurances, dessert l’éventail complet de sociétés de produits technologiques bancaires et d’assurance, sur l’ensemble des activités de banque de détail, de banque centrale, de transactions bancaires mondiales (iGTB), de risque, trésorerie et marchés et d’assurance. Plus de 25 ans d’expertise sectorielle approfondie faitd’Intellect la marque privilégiée par les institutions financières progressives dans le cadre de leurs initiatives de transformation digitale

Intellect se base sur le design thinking pour créer des produits et solutions à la pointe des connaissances destinés aux banques et assurances, en faisant de la conception son principal facteur de différenciation dans la réalisation de la transformation numérique. FinTech 8012, premier centre de design au monde consacré à la technologie financière, reflète l’engagement d’Intellect vis-à-vis de l’innovation continue et percutante comme moyen de traiter la nécessité croissante d’intégrer la transformation numérique. Intellect dessert plus de 240 clients dans des bureaux implantés dans 91 pays, grâce à un effectif diversifié d’architectes de solutions, d’experts de domaine et technologiques dans les grands centres financiers du monde entier. Pour en savoir plus sur l’organisation et ses solutions, visitez www.intellectdesign.com. Pour en savoir plus sur les solutions de transactions bancaires proposées par iGTB, visitez https://www.igtb.com/

Virtual Accounts 2.0 The Definitive Guide DOWNLOAD

Virtual accounts 2.0 is a true revolution. The corporate/bank relationship is being turned on its head and virtual accounts play a key role in democratizing how corporations manage cash with higher levels of maturity and sophistication. Virtual accounts give control to the corporation while at the same time providing measurable benefits to the banks.

Burgan Bank the first choice for Kuwaiti Business Community

Burgan Bank, a leading banking service provider to the Kuwaiti business community has successfully deployed superior customer-centric channel capabilities to augment and enhance its digital cash management services.

World Payments Report 2020

World Payments Report 2020
by Capgemini

iGTB is proud to be key contributor in Capgemini’s annual report which is a leading source for data, trends and insights on global and regional non-cash payments. One of the key insights that emerges from this research, is the aggression displayed by corporate treasures to increasingly embrace digital and innovative ways to tackle deep-rooted inefficiencies to ensure customer stickiness.

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This report also highlights the need for payment institutions such as banks to rapidly prioritize technology transformation in order to stay competitive especially in the field of rapid-real time treasury payments…
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This 16th edition specifically analyzes how the payments needs of corporate treasurers are evolving and aggressively shifting to instant payment, B2B virtual cards, mobile payments and B2B API-based payments…
(ref to page 31)

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“As corporate treasurers have become more digitally aware, they have started extending the collaborative scope of their liquidity management function to their wider ecosystem on partners and clients.”

Joshua Cohen

Head of Liquidity Products, iGTB

Time Out for Treasurers

We seem to be in a distant time warp from the environment that we all experienced just a few months back. I was at the fantastic setting of the Kempinski Palm Jumeirahin Dubai in January 2020 for the 1st gathering of iGTB Oxford School of Transaction Banking alumni. There I heard the challenges and ambitions of a group of highly qualified financial professionals across a wide spectrum of industries. I was party to the comments made on constraints of banking partners – getting the operating fabric of day-to-day business right, securing fast decision making and achieving more permanency from the relationship management teams.

I also heard their high expectations of banks to provide more accessible real time account information, better analytics, and to share learnings on how to leverage newer technologies in a more relevant way so that the treasury  function could support businessbetter. We had rare use case insights of how robotic process automation and blockchain can actually improve business logistics and support core cross border trade activity. Such snippets of real life activity were rewarding in their relevancy in painting an environment that was grounded in pragmatism but also forward looking, hopeful and realistic in expectation.

How the landscape has changed today! We are in the A&E ward of hospital care –living off any spare equipment. Treasurers are reeling and going back to the fundamental basics of Treasury Management 1.0.

If ever we had to go back to valuing the soundness of the first principles of treasury management it is now. How to understand the hard way the real significance of working capital management, liquidity provisioning and the need for accurate data to assess the rhythm of collections and payments of the business: The critical importance in having those credit facilities and back stop loan agreements as well as cash in the bank to meet unexpected payment obligations.

For many SME companies growth was always the key parameter. But now locked in a major economic tsunami the panic buttons are being pressed. How to cut costs, how to delay payments, how to explore force majeure contractual conditions to by pass cash deployment. And yes how to re-engage with critical banking partners and maintain the balanced argumentation around invoking contingency support as well as claiming a rightful place in the queue for governmental support schemes.

Tomorrow’s imperatives for many have a time horizon of days. Not even the present quarter is a meaningful calendar reference point. This is a short sentence where survival relies on speed and action. We can only hope that normality returns really quickly and that support schemes are fluid, generous and easy to mobilise. Banking institutions are clearly working hard to unlock all the lifelines they can for the corporate community. Central banks are waiving critical regulatory capital ratios and ensuring liquidity floods the market.

preserving-bank-and-liquidityPreserving bank cash and liquidity levels is a top priority. We remain truly mindful of the challenges that the finance industry faces in an unprecedented point in history. If only we could turn back time…that elusive ingredient that is not unfortunately on the side of many treasurers. Our thoughts go out to our colleagues and friends across the banking and corporate worlds as they navigate this pandemic.

 

As the wise bard said – ‘Defer no time, delays have dangerous ends.’

Keeping Your Balance(s)

Implementing a virtual accounts capability brings its own challenges. Providing virtual accounts with even basic capabilities requires careful integration with some of the bank’s core systems and infrastructure. Add in capabilities, such as payments initiation or receipt and the challenge increases.

Virtual accounts enable business to control money the way they want, say iGTB’s CMO, Phil Cantor and VAM product specialist Ashok Vedartham, in this article published in the Fintech Power 50 magazine.

To learn more please fill in the below form and get your copy of the article



Real time Liquidity

Real time payment capabilities have delivered big cost savings to corporations by enabling just-in-time movement of funds to suppliers and creditors. By no longer needing to pre-fund accounts, real-time payment technology has allowed corporate treasurers to retain the time value of money right until the last moment. Banks have benefited too, for much the same reason. Except it has cost each bank multi-million dollars in implementations to deliver the capability.

The white paper highlights:

  • What Real-Time Liquidity means and who benefits from it
  • Why there are winners and losers in real-time liquidity management
  • Where RTLM will take us and when we will see the benefits
  • How much can we do today?


Please fill in the below form to get your copy of the “Real time liquidity” white paper



First Abu Dhabi Bank Wins Global Finance Award 2020

First Abu Dhabi Bank Wins Global Finance Award 2020 for ‘Best Liquidity Management Bank in the Middle East’

 

London (UK) , 1 April 2020 : iGTB, the world’s first complete Global Transaction Banking Platform from Intellect Design Arena is proud to congratulate UAE’s leading financial institution First Abu Dhabi Bank (FAB) for being recognised by Global Finance Award 2020 as the Best Liquidity Management Bank in the Middle East.

FAB, a long-standing client of iGTB, received this award for demonstrating innovation through technology to offer a differentiated user experience that aligns with the needs of today’s business owners and corporate treasurers. FAB has implemented iGTB’s integrated Digital Transaction Banking solution with the front-end client interface supplied by the Contextual Banking Experience (CBX) with its modern, omnichannel UX, and the back-end by iGTB’s fully integrated state-of-the-art Liquidity Management Solution, collections, receivables, and payments products.

The award-winning Liquidity Management Solution from iGTB empowers corporate treasurers with pooling, sweeping, intercompany loans and virtual accounts, as well as policy-driven automated investment sweeps, cash flow forecasting and real-time funds checking. The system delivers sophisticated automation and comprehensive analysis for more informed decision within corporate treasury departments. iGTB is the market leader in corporate liquidity management and partners banks worldwide – indeed, 23% of worldwide cross-border MNC sweeps go through iGTB systems. Its applications for transaction banking sport a world-class comprehensive digital, self-service, front-end that delivers a faster, simpler and seamless experience to help banks gain and retain corporate clients.

Commenting on the award, Manish Maakan, CEO, iGTB, said, “iGTB congratulates FAB for this prestigious recognition from Global Finance, one of the most respected media publications. We applaud the vision of FABenhancing their value proposition to customers by investing in digital, and digitising the entire customer journey, thus improving customer convenience. We are privileged to be part of this transformational initiative.”

Global Finance relies on a multi-tiered assessment process, including input from industry analysts, corporate executives and technology experts to select the best providers of treasury and cash management services. Winners are chosen based on a range of objectives and subjective criteria, including profitability, market share and reach, customer service, competitive pricing, product innovation and service differentiation.

About Intellect Global Transaction Banking (iGTB):

The World Best Corporate Banks Bank on iGTB

iGTB, is the world’s first complete Global Transaction Banking Platform from the house of Intellect. It helps corporate banks prepare for a new era of customer-centric services. With a rich suite of transaction banking products, across DTB, Payments, Liquidity, Trade and Supply Chain, iGTB is an authority on vertical and integrated products that enable banks to meet their ambition to be the Principal Banker to their corporate customers. iGTB seamlessly integrates all the transactional needs of corporate customers, delighting them with Contextual Banking eXperience (CBX), a white label digital transaction banking platform to manage firms’ cash and trade, that leverages Machine Learning and predictive analytics, delivered through APIs and an omnichannel UX. For more information on iGTB, please visit https://www.igtb.com/

About Intellect Design Arena Limited

Intellect Design Arena Ltd., a global leader when it comes to applying true digital technology, is the world’s first financial tech company that covers the entire spectrum of banking and insurance needs with its wide suite of products. It does so via its four lines of business, namely, Global Consumer Banking, iGTB (Global Transaction Banking), (Risk, Treasury and Markets) and Insurance Software. With over 25 years of deep domain expertise, today Intellect is a brand name that progressive financial institutions look to for their digital needs, and for digital transformation initiatives.

Intellect pioneered design thinking for cutting-edge banking and insurance products and solutions, with that being the company’s salient differentiator when enabling digital transformation. FinTech 8012, the world’s first design centre for financial technology, reflects Intellect’s commitment to continuous and impactful innovation, such that the growing need for digital transformation may be aptly addressed and answered. Intellect generates annual revenues of more than USD 208 million, by serving more than 200 customers through offices in 91+ countries, with a diverse workforce of more than 4,000 solution architects, domain specialists, and technology experts in key financial hubs around the world. For further information about the company and the various solutions it offers, please visit https://www.intellectdesign.com/

Middle East’s 2nd Largest Financial Institution chooses iGTB LMS

Middle East’s Second-Largest Financial Institution chooses iGTB’s integrated Liquidity Management Solution to power digital transformation

Dubai, 20th March, 2020: iGTB, the world’s first complete Global Transaction Banking Platform from the house of Intellect Design Arena Limited, today announced that Middle East’s second-largest bank has expanded its relationship with iGTB LMS to enhance the bank’s liquidity management capabilities.

The Liquidity Management Solution from iGTB empowers corporate treasurers with pooling, sweeping, intercompany loans and virtual accounts, as well as policy-driven automated investment sweeps, cash flow forecasting and real-time funds checking. The system delivers sophisticated automation and comprehensive analysis for more informed decision within corporate treasury departments. iGTB is the market leader in corporate liquidity management and partners banks worldwide. Its applications for transaction banking sport a world-class comprehensive digital, self-service, front-end that delivers a faster, simpler and seamless experience to help banks gain and retain corporate clients.

Middle East's 2nd Largest Financial Institution chooses iGTB Liquidity Management Solution

“We are delighted to extend our partnership with second-largest bank in the Middle East, and this significant expansion in liquidity management capabilities underlines our market leadership in the Middle East, with iGTB being the preferred go-to partner for transaction banks. The deal win reinforces how much the world’s best corporate banks, bank on iGTB,” said Manish Maakan, CEO, iGTB. He further added, “The implementation of the latest enhancements to the bank’s liquidity management capabilities will boost the bank’s product innovation and allow for operational excellence, enabling it to prepare for future growth and expansion.”

iGTB’s proven Liquidity Management Solution is already used by several other UAE banks, which are also users of iGTB’s Digital Transaction Banking suite, illustrating the attraction of consolidating IT estates and the strength of iGTB in the Middle-East. More than 30 other global banking groups are benefitting from this world-leading solution which handles 23% of the world’s cross-border MNC sweeping structure flows and is present in more than 70 countries with regulatory and regional tax compliance options to ensure a smooth operation and strong corporate governance.

About iGTB:

The World’s Best Corporate Banks Bank on iGTB
iGTB is the world’s first complete Global Transaction Banking Platform from the house of Intellect help Corporate Banks prepare for a new era of customer-centric Services. With a rich suite of transaction banking products, across DTB, Payments, Liquidity, Trade and Supply Chain Supply, iGTB is an authority on vertical and integrated products that enable banks to meet their ambition to be the Principal Banker to their corporate customers. iGTB seamlessly integrate all transaction needs of corporate customers, delighting them with Contextual Banking eXperience (CBX), a white label digital transaction banking platform to manage firms’ cash and trade that leverages Machine Learning and predictive analytics, delivered through APIs and an omnichannel UX. For more information on iGTB, please visit https://www.igtb.com/

About Intellect Design Arena Limited

Intellect Design Arena Ltd., a global leader when it comes to applying true digital technology, is the world’s first financial tech company that covers the entire spectrum of banking and insurance needs with its wide suite of products. It does so via its four lines of business, namely, Global Consumer Banking, iGTB (Global Transaction Banking), Risk, Treasury and Markets and Insurance Software. With over 25 years of deep domain expertise, today Intellect is a brand name that progressive financial institutions look to for their digital needs, and for digital transformation initiatives.

Intellect pioneered Design Thinking for cutting-edge banking and insurance products and solutions, with that being the company’s salient differentiator when enabling digital transformation. FinTech 8012, the world’s first design centre for financial technology, reflects Intellect’s commitment to continuous and impactful innovation, such that the growing need for digital transformation may be aptly addressed and answered. Intellect generates annual revenues of more than USD 208 million, by serving more than 200 customers through offices in 90+ countries. For further information about the company and the various solutions it offers, please visit https://www.intellectdesign.com/.

For Media related info, please contact:

Nachu Nagappan
Intellect Design Arena Ltd
Mob: +91 89396 19676
Email: nachu.nagappan@intellectdesign.com

For Investor related info, please contact:

Praveen Malik
Intellect Design Arena Limited
Mob: +91 89397 82837
Email: Praveen.malik@intellectdesign.com

Habilitar el contexto empresarial en los pagos

La modernización de los pagos ha abierto un nuevo mundo de posibilidades en múltiples geografías. Se están introduciendo en varios mercados, nuevas plataformas de pagos, desarrolladas a través de sofisticadas tecnologías, con robustos entornos de seguridad.

El Informe:

– Define la necesidad de ser contextual y por qué es relevante en los procesos de pago
– Describe las principales tendencias y comportamientos que están conduciendo a la necesidad de contextualizar los pagos
– Proporciona distintas visiones sobre cómo la disponibilidad de datos y herramientas asociadas (ML, IA, etc..) están acelerando la habilidad de ser contextual con mayor rapidez
– Proporciona varios ejemplos sobre cómo los bancos pueden iniciar progresivamente el proceso de transformación para contextualizar los pagos, y posteriormente expandirse hacia una banca contextual
– Ilustra sobre el paradigma del cambio de arquitectura que podrá hacer esto posible

Por favor, cumplimente el formulario para descargar el informe “Habilitando el Contexto Empresarial en los pagos”