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Location Head Office

244, Anna Salai
Chennai
IN

Telephone

+91-44-3987 4000

Contact

Stephen McMaugh
[email protected]

Intellect Quantum Central Banking Solution

 Intellect Quantum CBS is the specialist Core Banking Solution for the unique requirements of central banks. Trusted by central banks of India, Seychelles, Ethiopia and now in Europe, the solution deploys a formidable array of advanced technology frameworks including Extreme Account Posting (XAP), Run Time Re Use (RTRU), and Look Ahead Processing (LAP) technologies.

 

Our View

Central Banks need modern solutions to support efficient, transparent and timely operations

The powers of central banks extend to managing financial resilience, macro-economic stability, global capital markets and international co-operation. As such they need modern IT platforms and solutions to support efficient, transparent and timely operations.

Today, Central Banks’ focus has changed after the 2008 Lehman crisis:

  • Manifold causes.  Proximate cause – US Sub Prime Crisis
  • Global macroeconomic imbalance
  • Flaws in risk management
  • Liquidity risk – not included while prescribing capital requirement in Basel II
  • Regulatory and supervisory challenges – unable to cope
  • Credit rating agencies – Inherent conflict of interest

Monetary policy implementation with prudent risk management

Recent episodes of market stress, along with other ongoing changes in financial markets and the broader financial system have prompted central banks to re-examine their collateral policies for their monetary policy implementation with prudent risk management. This results in need for a more sophisticated and integrated Collateral Management and Liquidity Settlement Systems with high level of automation and advanced features to contain the risks.

Our Offering

Single Unified Platform for Central Bank Transformation

Intellect Quantum Central Banking Solution (QCBS) has been developed with the support of four far-sighted central banks and former central bankers and industry experts in our advisory board to meet complex national and global challenges. 

The solution is delivered and proven for the complexity of modern central bank operations. It has won two prestigious global awards – Technology Provider of the Year award from Central Banking Forum and the Asian Banker Award for Best Central Bank Implementation in Asia.

The only integrated banking platform under single application umbrella with modular structure. Intellect QCBS caters to comprehensive needs. The solution has proven best practices adopted by Large, Medium and Small central banks across Asia, Africa and Europe.

The solution has comprehensive features to support the following key pillars

 

  • Enterprise general ledger (EGL) , budget, FA (QEGL)
  • Common banking services (QCORE)
  • Currency in circulation & bullion management (QCICM)
  • Collateral management, liquidity providing transactions  (QCLMS)
  • Public debt management & depository (QPDMS, QCSD)
  • Government services (QTSA)
  • Treasury, IMF, Bullion and Reserve management (QRTM)
  • RTGS (QNPS

 

 

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