Intellect Design Arena Ltd, a Chennai-based digital technology product solution provider, has signed a multi-year deal with one of the ‘Big Four’ banks in Australia to provide a digital solution for business and retail banking. It did not reveal the bank’s name in a communication to the Bombay Stock Exchange.
Intellect will provide the bank with digital solution for its treasury, trade finance and retail remittance services for a portion of its offshore business, along with ten years of dedicated maintenance and technical support.
The deal size was not disclosed.