IntellectEU, an innovator in digital finance and emerging technologies, is now an Amazon Web Services (AWS) services delivery partner.
IntellectEU will “support migration of Swift infrastructure to AWS cloud and provide integration and deployment of API channels, along with ISO 20022 advisory services.”
Sigrid Wiley, ISO20022 Global Lead at IntellectEU, said:
“By working with AWS and IntellectEU, customers can capitalize on their ISO 20022 adoption, to benefit from the processing and exploitation of rich, structured data, while at the same time optimizing their Swift infrastructure costs.”
The payments industry migration “towards a richer data standard, based on ISO 20022, will allow banks to move closer to instant payments, enabling them to offer an improved customer experience to both consumers and corporations.”
As well as being a requirement, the arrival of ISO 20022 is “an opportunity to transform and modernize banking processes by moving them to the cloud.”
Standing in the way of this is the need for financial institutions “to implement substantive changes to their core processes and supporting systems.”
As an AWS services delivery partner, IntellectEU is uniquely positioned “to assist with payment and infrastructure modernization, and migration programs.”
IntellectEU aims “to engage with the wider payments community during Swift Connect Africa in order to gain clarity on the specific needs of the market.”
As noted in the update, IntellectEU is “a global technology company and a leader in digital finance and emerging technologies.”
As a Swift services partner for 17 years, the company has “cemented unparalleled expertise in payments innovation and financial integration by delivering hundreds of Swift client projects.”
These have ranged “from onboarding and implementation to reliable and secured integration of connectivity gateways and back office applications.”
IntellectEU aims “to provide all its co-workers and clients with a unique, international, and stimulating environment for world-changing career opportunities and projects in Digital Finance, ESG, and Emerging Technologies.”
IntellectEU claims that it “co-creates cutting-edge technology solutions and helps its clients to navigate complex domains using its deep business and technical expertise.”