Chennai September 29, 2016: Intellect iGTB, India-headquartered leaders in global transaction banking solutions, is now offering its flagship integrated cash and trade solution, Digital Transaction Banking (iDTB), as a SaaS ( software as a service) offering.
DTB comprises account services, reporting, collections and receivables, liquidity, trade finance, supply chain finance and treasury products, all seamlessly integrated. The solution, which has over 70 installations, has a track record of increasing customer numbers by 32% year-on-year in one bank, and doubling customer base in just 9 months.
Many banks are utilising the service in dozens of countries. Now, the cloud avatar allows banks to simply switch on and go.
Says iGTB CEO Manish Maakan: “Banks need, and are rightly demanding, the ability to offer new and enhanced services in a simpler manner. By accessing our proven existing solution via the cloud, any banks – particularly those whose concerns are more locally focused – can gain benefits that deliver significant value, all in a remarkably short space of time.”