Polaris Software, a provider of financial technology services, has launched Intellect GUB 10.0. Reportedly, it offers functionality and technology architecture to create Customer Business eXchange (CBX) to improve banking experience of corporate customers.
According to the Polaris, Intellect Global Universal Banking (GUB) 10.0 is a banking platform that offers products across the wholesale banking spectrum from trade finance, cash management, treasury, commercial lending, commercial cards, securities services and payments with built-in shared business services such as collateral management, limit monitoring, payment governance, analytics layer and a unified portal. Additionally, the solution support the service-oriented architecture (SOA) to modernize bank’s technology platform and enables bank to launch new products for its emerging lines of business.
The Polaris has added that CBX enables transaction services and information exchange for all or a ‘mix and match’ combination of Intellect GUB 10.0 functionality that is required by corporate banks. It has further added that banks can utilize CBX for corporate customers and provide them with a single entry into the complete suite or mix of corporate products and services such as liquidity management, treasury, trade, custody and payments.
Arun Jain, chairman & CEO, Polaris Software, said: “The comprehensive and agile technology architecture of Intellect GUB 10.0 enables banks to create CBX that offers the ability to transact across departmental solutions thereby improving sales & operational productivity and customer retention.”
