Senior transaction banking leader brings immense experience to the world’s first complete global transaction banking platform
Chennai (India), February 18, 2015: Intellect Design Arena Limited (a Polaris Group company), announced today that Andrew England, External Senior Advisor of Transaction Banking for McKinsey joins Intellect as Director of its subsidiary Intellect Design Arena Limited, UK and Head of Strategy of its transaction banking division, iGTB.
Mr. England brings a host of experience running transaction banking in leading global banks. He has held the positions of Managing Director and Head of Transaction Banking at Lloyds Banking Group, Head of CEE Global Transaction Banking at Unicredit Group and Head of Cash & Trade Product at Deutsche Bank, where he was also an Executive Committee member for Global Transaction Banking. These roles followed on from a successful career of various leadership positions at Citi and Lloyds.
Manish Maakan, CEO, iGTB, Intellect Design Arena, says, “We are very excited to have Andrew on board. His strong domain experience and contacts bring immense value at a time when Intellect is expanding as a global powerhouse that addresses the needs of banks globally. With his significant international & domestic banking experience developing businesses, products and clients in Global Transaction Banking, Andrew is well known as a forthright evangelist for digital transformation in transaction banking business. His refreshing insights arising from 30 years at the sharp end of this rapidly expanding market have already given iGTB greater penetration.”
Andrew England, Director and Head of Strategy, iGTB says, “iGTB’s tremendous offerings, phenomenal creativity and bold investment in transaction banking is unparalleled. I am delighted to be joining this new, strong team of dedicated professionals spanning FinTech suppliers, senior bankers and corporate treasurers, as we deliver the next generation of transaction banking software.”
About Intellect Design Arena Ltd.
Intellect Design Arena Ltd, a Polaris Group company, is the world’s first full-spectrum banking products company with rich Intellectual Property developed over 25 years of deep banking domain experience, and the FT 8012 Design Centre, the world’s first design centre for financial technologies. Intellect’s products are built on the iDigital Platform with a range of products across:
- Global Consumer Banking (iGCB) : Core Banking; Loan Servicing; Debt Management; Loan Origination; Collateral & Limit Management; Wealth; Financial Advisor; Cards; Omnichannel; Payments
- Risk & Treasury Management (iRTM) : One Treasury; Basel III with Zf Risk Visualisation; Brokerage; Mutual Fund Exchange; Custody
- Global Transaction Banking (iGTB) : Corporate Banking Exchange; Customer Onboarding; Payments Services Hub; Receivables Management; Cash Management; Liquidity Management; Funds Control; Trade Finance; Supply Chain Finance; Treasury
- Insurance (intellectSEEC) : Distribution(Agent Workspace; Service & Distribution Exchange; Customer Distribution Exchange); Underwriting (Underwriting Workstation); Claims (Claims; Life Claims in the Cloud); Business Apps (Needs Analysis; Quote; e-App; Product Configurator); Business Component Software ( Business Component)
The Intellect iDigital Platform and suite of specialist products addresses the needs of financial institutions in varying stages of technology adoption and intelligent integration of legacy systems. And enables progressive digital transformation of banks for ever greater operational efficiencies, while being relevant and available across all forms of engagement: whether mobile, tablets or laptops. At the heart of this digital transformation that Intellect enables are the Operations Hubs for banking processes, and the Apps Vault for customer engagement and experience.
Intellect generates annual revenues of over Rs.550 Crore from product installations in 30 countries across 200 customers. The company’s performance is driven by over 3,000 Intellect solution architects, domain and technology experts, with a presence in major global financial hubs around the world. For further information on the organization and its solutions, please visit http://www.intellectdesign.com/