Intellect Registers 24% YoY Revenue Growth for FY 2017-18

Intellect Design Arena Ltd, a specialist in applying true Digital Technologies and a global leader in Financial Technology across Banking and Insurance, announced its fourth quarter and annual results for FY 2017-18.

  • FY 2017-18 Revenue has grown by 24% YoY when compared to same period last year
  • Q4 FY 18 Revenue grew by 27.7% as compared to the same quarter last year

Digital led wins

  • Intellect was awarded 50 Digital led wins including 12 large Digital Transformation deal wins in FY18
  • Q4 FY 18 recorded 11 Digital led wins including 4 large digital transformation deal wins
  • Major win in Asia region with higher license revenue for iGTB
  • iGTB emerged as a partner of choice and acquired a new customer in US to implement a comprehensive Digital Liquidity Management platform
  • Breakthrough deal win in Europe for Intellect Digital Core (IDC 17.1) Offering
  • A Green field Bank in Africa chose Integrated Trade, Core, Treasury and CBX (front-end digital interface) from Intellect
  • Intellect went live in 13 Financial Institutions across the world during this quarter

Please click the link below to read the complete press release.