01-01-1970 12:00 AM | Source: Accord Fintech
Intellect Design Arena shines as its IntellectAI launches iESG
News By Tags | #6921 #3619 #409 #572

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Intellect Design Arena is currently trading at Rs. 507.70, up by 6.75 points or 1.35% from its previous closing of Rs. 500.95 on the BSE.

The scrip opened at Rs. 501.25 and has touched a high and low of Rs. 512.00 and Rs. 501.15 respectively. So far 8917 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 986.00 on 07-Apr-2022 and a 52 week low of Rs. 492.70 on 11-Oct-2022.

Last one week high and low of the scrip stood at Rs. 519.15 and Rs. 500.00 respectively. The current market cap of the company is Rs. 6881.10 crore.

The promoters holding in the company stood at 30.76%, while Institutions and Non-Institutions held 27.10% and 42.14% respectively.

IntellectAI, a Suite of Artificial Intelligence products from Intellect Design Arena, has launched iESG, the latest addition to its line of AI powered solutions for institutional investors, asset managers, corporate banks, and insurance carriers. Intellect, the global fintech leader, continues to be at the forefront of transformation in insurance and financial services –by creating a solution designed to meet the demand for companies to manage their Environment Social Governance (ESG) risks. Intellect continues to push these historic industries ahead with solutions using innovative technologies to meet the changing demands, while also understanding that sustainability has become a priority for many companies.

iESG brings together the benefits of all market-wide data sources and real-time media coverage into a single, composable and contextual ESG data catalogue, with supporting raw data, assessment tools and dashboards for financial companies to integrate into their own business. There are several scenarios, including assessing product/client suitability and pricing, ESG exposures across investment portfolios, informing ESG investment policy and providing reporting to regulators and auditors, which are driving the need for an accurate, sustainable solution that can be used to help financial institutions provide ESG insights for client portfolios. Intellect’s decades of experience serving clients across the financial services spectrum provides an appreciation for the real-world challenges faced by industry at a strategic and operational level.

Intellect Design Arena, a global leader when it comes to applying true digital technology, is the world’s first financial tech company that covers the entire spectrum of banking and insurance needs with its wide suite of products.