London (UK), July 21, 2020: Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Chennai-headquartered Intellect Design Arena , has been ranked #1 in the world for Wholesale Banking – Transaction Banking by the highly respected, independent analyst IBS Intelligence, in their IBS Annual Sales League Table 2020.
IBS Intelligence is the definitive source of independent news, analysis & research relating to global financial technology markets .
iGTB, the world’s first complete Global Transaction Banking arm of Intellect, has been ranked #1 as the best-selling wholesale banking – transaction banking system and joins the leadership club, validating its revolutionary #ContextualBanking innovation and a rich suite of transaction banking products. With 23% of the world’s MNC cross-border sweeps and over 50% of IMEA corporate collections going through iGTB systems, already proven capable of processing over one million domestic/international payments per hour in live use, this ranking underlines why so many of the world’s best corporate banks, bank on iGTB.
Says Manish Maakan, CEO, Intellect Global Transaction Banking (iGTB), Intellect Design Arena: “This recognition from the IBS is an important validation of our #1 commitment and strategy to deliver the best-in-class and the best-selling wholesale banking – transaction banking system. This tribute also validates our microservices-based, API-first and cloud-ready architecture.”  
More info on iGTB here