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Is intellect design arena MNC?
Intellect Design Arena Ltd., a financial software technology products company, will be focusing on two areas – industrialisation and monetisation – as part of its efforts to become an Indian multinational in fintech products, said a top official.
What does intellect design arena do?
Intellect Design Arena creates financial technologies that help banks lead businesses on the path to growth and success. Our solutions help move the banking world forward; because that’s what happens when the world knows it has financial institutions they can rely on.
Is intellect and Polaris same?
Intellect Design Arena, is a Polaris Group company, a global leader in Financial Technology for Banking, Insurance and other Financial Services.
Is intellect is product based or service based?
In 2014 Polaris Consulting Services demerged itself into two new entities: a services company, and a product company focused on software as a service (SaaS) and enterprise products for banking and insurance, which became Intellect Design Arena.
How many people are currently working at Intellect design arena?
Company Description: INTELLECT DESIGN ARENA LIMITED is located in Chennai, Tamil Nadu, India and is part of the Software Publishers Industry. INTELLECT DESIGN ARENA LIMITED has 4,260 total employees across all of its locations and generates $206.71 million in sales (USD)….
| Year | Revenue |
|---|---|
| 2019 | 200.1 |
| 2020 | 185.92 |
| 2021 | 206.71 |
Is intellect design a product company?
PUNE: Intellect Design Arena, which creates software primarily for the financial services industry, will now sell a component of its platform as a standalone product. This is expected to help cater to companies outside its core banking, financial services and insurance (BFSI) space.
What happened Polaris Software?
So, Polaris Sofware Lab was split into two companies. Intellect Design Arena was incorporated to house the products business in the banking and insurance space while the software services stayed with Polaris Software Lab which was then renamed Polaris Consulting and Services Ltd.
Who bought Polaris Software?
Virtusa Corp of US buys 53\% stake in Polaris for ₹1,173 cr Virtusa Corporation of the US will acquire 53 per cent of Polaris Consulting and Services from promoter entities led by Arun Jain and other shareholders, including Orbitech. It will pay a consideration of ₹220.73 per share, aggregating to around ₹1,173 crore.
Which is better intellect or intelligence?
Intellect is the faculty of reasoning and objective understanding. Intelligence is the ability to acquire knowledge and skills.