Intellect Design Arena introduces iTurmeric FinCloud on IBM public cloud

Intellect Design is part of the IBM public cloud ecosystem, a new initiative to support global system integrators and independent software vendors to help clients modernise and transform mission-critical workloads on the IBM public cloud.

Agencies
Arun Jain, Chairman and Managing Director of Intellect Design Arena
CHENNAI: "We are still dialoguing to see how many people will come to the office... maybe 15-20% (of the workforce)," Arun Jain, Chairman and Managing Director of Intellect Design Arena said on Thursday as the company introduced its iTumeric FinCloud a cloud-ready, API-first, microservices-based platform available on IBM public cloud.

He said that the company would rather focus on a 'distance culture and not a cabin culture' post-Covid. However, till the time the vaccine comes out, Jain said it would not be possible to take any major call. However, he said the company is happy with the Work From Home (WFH) process.

"It (Work From Home) is better for product companies than service companies because we are not day-to-day working with the client as much as services companies do. For us it is very good. We are finding a lot more collaboration across units and we are enjoying the entire experience of video-conferencing where 200 people join on a single call for training and learning," he said.


Further, he said Intellect Design Arena is among the first financial services ISVs onboarding their offerings to the financial services-ready public cloud, once available, to provide its industry solutions to leading financial institutions around the world.

"Most of the banks across the world are still saddled with legacy platforms which are hampering them from participating in the experience economy. iTurmeric FinCloud will give these banks a very novel and unique way of progressively modernising, using Turmeric tools without the risk of rip and replacement. Today iTurmeric FinCloud already has retail banking, lending, origination, and Corporate banking API and Turmeric API manager to create new relevant user journeys on the fly," he said.

Intellect Design is part of the IBM public cloud ecosystem, a new initiative to support global system integrators and independent software vendors to help clients modernise and transform mission-critical workloads on the IBM public cloud.
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“IBM is committed to helping clients overcome the challenges of the financial services industry, including the need for continuous compliance, security and resiliency. By bringing Intellect’s iTurmeric FinCloud platform to the financial services-ready public cloud, we’re helping drive innovation throughout the industry,” Shanker Ramamurthy, GM Strategy & Market Development: Global Industries, Platforms & Blockchain, IBM said.
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