Intellect Design Arena rises on launching WealthForce.AI for Middle East market

Intellect Design Arena is currently trading at Rs. 992.15, up by 5.75 points or 0.58% from its previous closing of Rs. 986.40 on the BSE.

The scrip opened at Rs. 988.20 and has touched a high and low of Rs. 999.00 and Rs. 975.50 respectively. So far 7639 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1198.80 on 15-Mar-2024 and a 52 week low of Rs. 620.00 on 25-Oct-2023.

Last one week high and low of the scrip stood at Rs. 1031.45 and Rs. 975.00 respectively. The current market cap of the company is Rs. 13676.53 crore.

The promoters holding in the company stood at 30.26%, while Institutions and Non-Institutions held 32.76% and 36.98% respectively.

Intellect Design Arena’s AI-focused business unit -- IntellectAI has launched its cutting-edge wealth platform, WealthForce.AI, for the Middle East market. Composed on eMACH.ai, this transformative platform is designed to empower Relationship Managers (RMs) by leveraging Artificial Intelligence (AI) and advanced data analytics to achieve hyper- personalisation and hyper-automation, ultimately delivering unparalleled customer experiences.

WealthForce.AI is built on eMACH.ai standards - Event-driven, Micro services-enabled, API-led, Cloud- native, and Headless - making it a truly scalable and future-ready solution. By embedding AI at its core, the platform automates routine tasks and enhances decision-making, allowing RMs to deliver hyper- personalised, data-driven advice resonating with each customer’s unique financial goals. The solution also integrates Generative AI tools, which take RM-client conversations to the next level by providing intelligent, context-rich insights during advisory interactions.

Intellect’s award-winning WealthForce.AI platform is designed to streamline wealth management by minimising manual touchpoints and offering a contextualised, Omni channel customer experience at every stage. With features like personalised recommendations, real-time portfolio alerts, financial dashboards, and comprehensive reports, the platform enables both RMs and end customers to make smarter, more informed decisions.

Intellect Design Arena, 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.