The world is changing…!!! let’s embrace the change is the current motto.
With the world going digital in every possible way in almost every industrial sector out there, a Chennai based fin-tech company, Intellect Design Arena is doing so too. The Intellect Design Arena helps the customers of the fin-tech company in making their banking, financial, and insurance processes into digital ones. The company is determined into taking its service to a whole new digital level.
The fin-tech, Intellect Design Arena with its tremendous expertise are helping their customers understand the working and importance of digitalization in global consumer banking, central banking, risk treasury, insurance, and global transactions and helping them move towards it and adapt it better.
The Intellect Design Arena gets in more than USD169 million being a global leader in providing banking and insurance services. It serves more than 240 customers from the BFSI (banking, financial services, and insurance) sectors in about 40 countries with sophisticated technology through machine learning providing quality services across the world.
For customers to automize their business the company recently announced the cloud-native platforms solely based on API first architecture iTumeric. The results of the customers must be provided rapidly…!! intellect design arena must analyze and process a vast amount of data to help in the process of finding out and removing of risks, errors and plays a major role in decision making. For getting the insights flawless they rely on a little time consuming and costly analytics.
Initially, when they started this for the analysis infrastructure to be built, the company had to undergo longer period on the orientation process for about 5 months as the process would include contacting of vendors, getting proper quotations, contract negotiations etc. But in recent days the company realized that time is way too precious and thus speeded up their market-ready products in a shorter period.
Considering many elements like the cost, efficiency, and time the company decided to opt for the Amazon SageMaker. SageMaker is a fully managed service specially made for all the data analytics professionals and developers for making analyzing larger chunks of data more trustworthy and reducing the cost up to 80%. The company does all the heavy work helping developers to build high-quality machine learning models. The SageMaker helps in making the processes standard and helps in getting the production done at a faster and efficient way.
Along with the SageMaker, the company also took up SageMaker Ground Truth again a solution that was designed by AWS to make the training datasets highly accurate for the machine learning models. Thus, creating a platform where digitization could be done effectively and efficiently for the customers.
