Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

iGTB and R3 partner for next-gen blockchain-enabled financial technology platform solutions

Posted On: 2018-10-23 11:58:33 (Time Zone: IST)


Intellect Global Transaction Banking (iGTB), the transaction banking division of Intellect Design Arena Ltd, the leading B2B fintech with 21% CAGR over three years, has joined enterprise software firm R3's collaborative initiative to develop innovative applications and solutions on its Corda blockchain platform.

iGTB is exploring the development of scalable, commercially viable solutions on Corda in three mainstream areas: trade finance/supply chain finance, payments and cash management (PCM) and central banking.

Manish Maakan, CEO,iGTB said "The focus at iGTB has been to come out with uniquely-focussed global product innovations. This partnership with R3 continues that approach, by initiatingthe trade/supply chain track by exploring how Corda, combined with iGTB's banking solutions, can remove trade/supply-chain bottlenecks in corporate sales enablement, by helping companies increase their sales as well as market share in hugely competitive domestic and offshore markets."

David E. Rutter, CEO, R3 elaborated. "The Corda design, with its applicability being demonstrated across multiple industries, is the ideal platform to develop the next generation of applications for the financial services arena."

Mr.Rutter added, "As one of the few global banking software vendors with capabilities across the entire transaction banking product suite, iGTB is ideally placed to develop solutions across cash management, payments, trade and supply chain finance on Corda. We look forward to working with Intellect to build innovative solutions to support central banks in their pursuit of digitization."

Shares of Intellect Design Arena Ltd was last trading in BSE at Rs.198.8 as compared to the previous close of Rs. 202.25. The total number of shares traded during the day was 46059 in over 989 trades.

The stock hit an intraday high of Rs. 206.35 and intraday low of 196.2. The net turnover during the day was Rs. 9275613.


Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Dhani raises Rs 1,200 crores of Equity by selling a 9% stake

Snowman Logistics reports positive growth in Q2

Parsvnath Developers Ltd to get 7.90 acres land as arbitral award

Tata Tele Business Services launches 'Smart Internet' for Businesses

Relic Technologies Ltd Q2FY22 consolidated net profit at Rs. 22.29 lakhs

Thomas Cook India's Foreign Exchange Opens a new office in Margao, Goa

NBCC India Ltd secures multiple orders

B L Kashyap and Sons Limited awarded new project worth 62.15 Crores

IndusInd Bank launches EMI on debit cards to commemorate the festive season

Honeywell wins Bengaluru Safe City Project

Arfin India Ltd posts surge in Q2FY22 net profit to Rs. 2.36 crore

Ganesha Ecosphere and Applied DNA to Deploy CertainT® Platform to Secure Recycled Polyester Supply Chain

Key Operating highlights of Mastek Ltd for Q2FY22

Imagicaaworld Entertainment Ltd appoints additional director

OnMobile Global announces new Leadership Structure

Mastek Ltd reports rise in Q2FY22 consolidated PAT to Rs. 72.29 crore

Tata Steel Limited and Tata Steel Europe win key recognitions at the 12th Annual Steelie Awards

Federal Bank invites candidates to join internship program

Kotak Mahindra Bank and Mumbai Police Cyber Crime Join Hands to Spread Awareness on #SafeBanking Habits

IndiGo cautions candidates to beware of fake job offers

HFCL Limited forms two overseas subsidiaries

Sparc Systems Limited board approves name change

Jagsonpal Pharmaceuticals Ltd Board declares Interim Dividend of Rs. 4

Navin Fluorine International Limited declares interim dividend of Rs. 5 for FY22

Healthcare Triangle Partners with Google Cloud to Accelerate Cloud Transformation for Healthcare and Life Sciences Organizations

HCL Technologies and Innovaccer Partner to accelerate Digital Health Transformation

Deepak Fertilisers and Petrochemicals Corporation Limited opens QIP

Sparc Systems Limited board approves rights issue

L&T Technology Services Ltd Board declares Special Dividend of Rs. 10

CAMS launches account aggregator platform

Rallis India Limited - Q2FY22 Highlights

Sangam India Limited raises Rs. 103 crores from the Promoters and Madhuri Madhusudan Kela

Birla Precision Technologies Ltd announces resignation of Mr. Aditya

Tata Steel BSL Ltd Q2FY22 consolidated net profit at Rs. 1837.03 crores

Shish Industries Ltd Q2FY22 consolidated net profit at Rs. 48.94 lakhs

JSW Ispat Special Products Ltd Q2FY22 consolidated loss at Rs. 36.88 crore

5Paisa Capital Ltd Q2FY22 consolidated PAT at Rs. 1.39 crore

ICICI Prudential Life Insurance Company Ltd Q2FY22 consolidated PAT at Rs. 445.62 crore

NELCO Ltd Q2FY22 consolidated PAT at Rs. 3.40 crore

L&T Technology Services Ltd Q2FY22 consolidated PAT at Rs. 230 crores

Jagsonpal Pharmaceuticals Ltd Q2FY22 PAT at Rs. 7.30 crore

Navin Fluorine International Limited appoints Ms. Apurva Purohit as additional director

Sonata Software - Consolidated Q2 FY21-22 PAT at Rs. 91.2 Crores

Navin Fluorine International Limited announces resignation of CFO

Nestle India Ltd Board approves second interim dividend of Rs. 110

ICICI Securities Ltd board declares interim dividend of Rs. 11.25

Indag Rubber Ltd had updates on sale of stake in JV

HDFC Asset Management Company Ltd announces resignation of CFO

Astral Ltd to enter into Faucets & Sanitaryware business

ACC Ltd reports consolidated PAT of Rs. 450.19 crore in Q3CY21


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020