i-exceed and Mutual Trust Bank Win IBS Intelligence Award for Rapid Digital Onboarding Rollout
By Effie Foxtrot · 3 January 2022

i-exceed and Mutual Trust Bank have been recognized for their rapid deployment of a digital onboarding solution in Bangladesh, completing a remote implementation in under six weeks. For fintech leaders, this project demonstrates how agile low-code platforms can bypass traditional integration hurdles to deliver immediate improvements in customer acquisition speed across both retail and corporate segments.
What was announced
i-exceed received the award for the most agile and adaptable project in the Most Innovative Digital Onboarding Rollout category at the 3rd edition of the IBS Intelligence Global FinTech Innovation Awards 2021. The recognition centers on the implementation of the Appzillon onboarding solution for Mutual Trust Bank (MTB) in Bangladesh.
The project was notable for its execution speed and delivery model; the entire rollout was completed from start to finish in less than six weeks. Crucially, the implementation was handled entirely remotely, a necessity driven by the global pandemic situation at the time. This remote coordination between the two teams allowed for a solution roll-out in what was described as record time, marking one of i-exceed's first fully remote implementation projects.
The technology aims to solve the friction inherent in traditional banking entry points. For MTB, the solution has transformed the onboarding timeline for new corporate customers from several weeks down to a few days. On the retail side, the impact is even more pronounced, reducing the process from several days to just a few minutes. i-exceed currently provides these digital onboarding capabilities to over 110 banks globally, positioning its Appzillon suite as a primary tool for institutions looking to scale their customer base through digital-first experiences.
"We congratulate i-exceed for winning this prestigious award. It is i-exceed team’s hard work and passion, which has made it possible. We are proud of i-exceed’s service towards our company, and we look forward to continuous engagement with the team. This is just the beginning and we are sure we will work together on multiple digital initiatives."
Nazmul Ahsan, Assistant Vice President at MTB
The companies involved
i-exceed Technology Solutions is a fintech provider specializing in digital transformation through its flagship Appzillon platform. The company focuses on helping financial institutions accelerate their digital journeys by providing a suite of pre-built solutions and a low-code development environment. With a global footprint that includes partnerships with more than 110 banks, i-exceed has established itself as a significant player in the digital banking space, particularly in emerging markets where rapid deployment is a competitive necessity.
Mutual Trust Bank (MTB) is a private commercial bank based in Bangladesh. The institution operates across retail, corporate, and SME banking sectors, positioning itself as a modern financial service provider in a rapidly digitizing economy. By adopting third-party digital onboarding solutions, MTB is addressing the specific challenges of the Bangladeshi market, where the demand for accessible, remote financial services has surged. The bank's collaboration with i-exceed highlights a broader trend of regional banks leveraging international fintech expertise to modernize legacy infrastructure without the long lead times associated with in-house development.
What FF News has reported before
FF News has tracked i-exceed’s expanding global footprint and its focus on high-growth regions. The company recently signaled its intent to capture a larger share of the Western market, as detailed in i-exceed Targets 50% Growth with Strategic Entry into Latin American Banking Market. Security has also been a priority for the firm, as seen in the partnership between Protectt.ai and i-exceed Partner to Secure Low-Code Digital Banking Apps.
Furthermore, i-exceed has been active in the Middle East, where United Arab Bank Launches End-to-End Digital Corporate Banking Suite with i-exceed. The company also maintains a strong presence in South Asia, recently serving as a i-exceed Joins IFIF 2026 as Principal Partner to Drive India’s AI-Native Banking Future.
What this means
This award highlights a shift in the banking sector's priorities: speed of deployment is now as critical as the technology itself. The six-week turnaround for Mutual Trust Bank puts significant pressure on traditional core banking providers whose implementation cycles often stretch into years. As remote, digital-first onboarding becomes the baseline expectation for customers in emerging markets, banks that cannot modernize their front-end experiences rapidly risk losing market share to more agile competitors. The success of this remote implementation also raises questions about the future of the "on-site" consultancy model, suggesting that the fintech sector has permanently moved toward a decentralized delivery framework.
Companies in this story: Mutual Trust Bank, I-EXCEED TECHNOLOGY SOLUTIONS
People in this story: Robin Amlot, Sagar Kirpekar, Nazmul Ahsan