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Scrips, which has significant changes during the market hours.

 
Intellect Design unveils global SaaS platform for credit unions and mutuals
21-Jul-26 08:20Hrs IST

Intellect's credit union solution suite is architected for member-centric, community-rooted institutions focused on sustainable growth rather than external shareholder pressure. Built on the eMACH.ai architecture'comprising events, microservices, APIs, cloud, headless, and AI'the suite allows institutions to modernise at their own pace without the disruption of big-bang migrations. The Credit Union Solution Suite embeds Intellect's domain knowledge of serving more than 90 credit unions.

It is available as a fully managed SaaS offering, providing even small institutions with the same enterprise-grade capabilities as large global entities.

Rajesh Saxena, CEO, Intellect Consumer Banking, said, Intellect has been committed to delivering value to Canadian credit unions and mutuals, delivering to 90+ credit unions in just one year. At Intellect, we recognise that these institutions require more than just conventional banking software; they need a partner that understands the member-centric model from the ground up, delivering trust and community impact.

With the launch of our AI-first, composable SaaS suite specifically for this ecosystem, we are furthering our commitment to the credit unions and mutuals globally. By combining our deep domain expertise with the agility of eMACH.ai, we are fully prepared to help these institutions modernise at their own pace, ensuring they remain the primary, trusted financial partner for their members for generations to come. Our readiness is defined by our commitment to their unique, purpose-driven mission.'

Intellect Design Arena has a comprehensive portfolio of products across global consumer banking, central banking, risk & treasury management, global transaction banking, and insurance and is engaged in the business of software development.

The company's consolidated net profit declined 11.15% to Rs 120.22 crore despite a 16.68% jump in revenue from operations to Rs 847.01 crore in Q4 FY26 over Q4 FY25.

The scrip declined 1.18% to settle at Rs 751.45 on Monday, 20 July 2026.

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