A Tier 1 Canadian Bank Selects eMACH.ai Core Banking to Power Global Deposit Growth Strategy

Intellect eMACH.ai Core Banking has been chosen by a Tier 1 Canadian bank to support its U.S. market entry and global deposit growth strategy. This change to the bank’s core banking system gives it speed, flexibility, and a customer experience that is tailored to each region, including North America, Europe, and Asia.

With eMACH.ai Core Banking, Intellect will empower the bank to accelerate its global expansion strategy, deliver contextual customer experiences, and achieve transformational outcomes with speed and agility.

The deal spans the bank’s Corporate and Investment Banking business and will subsequently extend to Europe and Asia. This milestone not only reinforces Intellect’s position in the North American market but also deepens its longstanding partnership with one of Canada’s largest financial institutions.

The win comes after a competitive evaluation process, involving leading global players. The engagement is rooted in Intellect’s unique approach that combines First Principles Thinking and Design Thinking.

Accelerating Global Expansion with a Composable Core

Built on a cloud-native, microservices-based, and API-first architecture, eMACH.ai Core Banking will empower the bank to:

– Launch tailored offerings faster across new markets
– Enhance customer experiences through AI-led personalisation
– Roll out innovations with speed through rapid configuration
– Streamline operations with 24/7 availability and real-time processing
– Reduce total cost of ownership through seamless integration

Manish Maakan, CEO of Intellect Wholesale Banking, said, “This win is a defining moment for us. It represents the coming together of one of the world’s most forward-looking banks and Intellect’s most advanced core banking platform. Our entry into the U.S. core banking market reinforces the trust placed in eMACH.ai, our technology, our teams, and our ability to deliver at scale. What makes this engagement especially meaningful is the shared vision: a bold, composable approach to banking that breaks free from legacy constraints.”

“This is not just a technology replacement exercise, but a strategic move to reimagine how the bank grows deposits, scales globally, and serves clients in the digital age. We are honoured to be their partner of choice and deeply committed to making this a global success story. This also signals a broader shift – the rising relevance of deep-tech players from the East who are bringing agility, innovation, and execution certainty to the world’s most respected banks,” he added.

With the rollout of Intellect eMACH.ai Core Banking, the bank reimagines deposit growth and digital expansion—enabled by agile, composable architecture.