Central Banking as we know it is constantly being redefined by a myriad of intensifying centrifugal forces – both local and global. Their role is more vital than ever as the responsibility of being the nation’s financial custodians becomes imperative in today’s fast-paced and rapidly evolving economic landscape.
Challenges and Opportunity
From a day-to-day functioning standpoint, Central Banks need clear objectives, flexible choice of instruments, timely intervention, and liquid and stable markets to achieve their monetary management and macroeconomic objectives.
All this calls for state-of-the-art IT infrastructure that provides smooth operations, zero downtimes and covers the following:
- Accurate and timely financial institution balances, collateral, credit, liquidity and performance tracking through a 360 dashboard view
- Flexibility to adapt to new policies and instruments
- Balance the risk through a well-diversified and controlled collateral portfolio spread across multiple countries
- Provide transparency and accountability for central bank operations, banking clients, financial infrastructure and governments
- Have an integrated view of position and settlement operations with payment systems, CSDs and ICSDs, and foreign central bank correspondents
- On demand and periodic financial statements and reports
- Automated and manual interventions to anticipate and resolve exceptions scenarios
- Integrated risk visualisation and analytics
The Intellect promise
Intellect Quantum – the world’s first and only core banking solution that is designed for Central banks – is designed to uncomplicate Central Banking. Our award-winning core banking platform delivers speed, agility, real-time monitoring, and extreme risk mitigation, all at never before ROIs. The solution enables central banks to launch curated products that are contextual to the nation’s economy; the powerful functionality helps generate balance sheets in real-time, Zero Recon & EOD in minutes, among other game-changing benefits.
Engineered for excellence, the solution has been benchmarked to support over 100 million transactions on a peak day. Intellect Quantum powers the central banking in countries that constitute 24% of the Global Population and generate up to 6% of the Global GDP.
Powered by eMACH.ai Architecture
Intellect Quantum’s superior functionality is built on the bedrock of next-gen tech – our revolutionary API-first, cloud-native, microservices architecture empowers central banks with real-time informed decision-making & risk Management. Unprecedented security, Unmatched modularity, and smart analytics will power central banking to the next frontier of high performance.
Product Highlights
Time to Market
Rapid policy implementation with 2,000+ configurable attributes
Time to Diagnose
Zero recon and online real-time balance sheet with GL to transaction navigation
Time to Monitor
Real-time one click dashboards with a 360-degree view and risk analytics
Time to Consolidate
National level balance consolidation & treasury single account (TSA) for knowing the Govt. account balances
Time to Collaborate
Online portal with workflow management
Time to Service
Auction management and depository with complete life cycle support for securities up to redemption
Time to Circulate Money
Currency lifecycle management with automated asset balancing with real-time monitoring at the country level
Time to Pledge/Release
Real-time collateral and liquidity management with support for complex monetary policies and intraday liquidity
Time to Process
24×7 Reliable and secure operation with 99.99% uptime and EOD time <15 minutes
Time to Adopt
Implementation certainty with agile delivery model and leveraging best-practices from multiple central banks
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