Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. India
  4. Bombay Stock Exchange
  5. Intellect Design Arena Limited
  6. News
  7. Summary
    538835   INE306R01017

INTELLECT DESIGN ARENA LIMITED

(538835)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Intellect Design Arena Limited Enters into Strategic Partnership with Resurs Bank to Enable Its Vision of Becoming the Nordic Region's First Cloud-Based Banking Platform That Meets the Needs of Tomorrow's Customers

09/17/2021 | 07:15am EDT

Intellect Design Arena Ltd. announced that it has entered a strategic partnership with Resurs Bank. Resurs Bank is investing in a new, entirely cloud-based banking platform that creates the prerequisites to provide customers and partners with services, interfaces and products. Intellect will be implementing its microservices-based, API-first and cloud-ready digital banking solution Intellect Digital Core (IDC) and iKredit360, which is a composable, cloud-native technology platform that has been exclusively designed for European financial institutions. By investing in a new, entirely cloud-based platform, Resurs will be able to meet the growing demand from customers and partners for user-friendly and scalable solutions and services in an entirely new way. Intelligent technology and an API-driven cloud-based system will create the preconditions for customers and partners to be able to access personally adapted self-service applications in real time, providing Resurs with the opportunity to further optimise its processes and create even more efficient and scalable operations. Resurs is strengthening its position as an innovative company in payment and financing solutions in the Nordic market. The development work of integrating the cloud-based banking platform is set to begin now and is planned to be completed in the next three to four years. The contract was signed in Helsingborg, Sweden on 16th September 2021.


ę S&P Capital IQ 2021
All news about INTELLECT DESIGN ARENA LIMITED
09/27Intellect Design Arena Limited Announces the Launch of Capital Cube 21, an Integrated C..
CI
09/20INTELLECT DESIGN ARENA LIMITED(BSE : 538835) added to S&P Global BMI Index
CI
09/17Intellect Design Arena Limited Enters into Strategic Partnership with Resurs Bank to En..
CI
09/17INTELLECT DESIGN ARENA : Bags Multiple-Year Digital Transformation Deal from Nordic Bank
MT
09/16Intellect Bags A Large Multiple-Year Digital Transformation Destiny Deal from Resurs Ba..
CI
09/16RESURS : Bank invests in the Nordic region's first cloud-based banking platform that meets..
AQ
08/30Intellect Design Arena Limited Appoints Kannan Ramasamy as the Global Head Partnerships..
CI
08/26INTELLECT DESIGN ARENA : Wins Digital Banking Transformation Deal with Asia Pacific-based ..
MT
08/24INTELLECT DESIGN ARENA : Consolidated Profit Surges in Fiscal Q1
MT
07/28Intellect Design Arena to Seek Mergers and Acquisitions
CI
More news
Financials
Sales 2022 17 195 M 229 M 229 M
Net income 2022 3 128 M 41,7 M 41,7 M
Net cash 2022 4 386 M 58,5 M 58,5 M
P/E ratio 2022 31,1x
Yield 2022 -
Capitalization 94 766 M 1 264 M 1 263 M
EV / Sales 2022 5,26x
EV / Sales 2023 4,40x
Nbr of Employees 4 260
Free-Float 51,8%
Chart INTELLECT DESIGN ARENA LIMITED
Duration : Period :
Intellect Design Arena Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INTELLECT DESIGN ARENA LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 4
Last Close Price 706,55 INR
Average target price 837,50 INR
Spread / Average Target 18,5%
EPS Revisions
Managers and Directors
Arun Jain Chairman & Managing Director
Saranu Venkateswarlu Chief Financial Officer
V. V. Naresh Secretary, Compliance Officer & Vice President
Arun Shekar Aran Independent Non-Executive Director
Vijaya Sampath Independent Director
Sector and Competitors
1st jan.Capi. (M$)
INTELLECT DESIGN ARENA LIMITED124.48%1 264
INTUIT INC.43.16%150 790
ADYEN N.V.39.03%93 752
FIDELITY NATIONAL INFORMATION SERVICES, INC.-11.78%77 088
WORLDLINE-13.35%22 301
STONECO LTD.-55.54%11 526