Myanmar’s Ayeyarwady Farmers Development Bank Public Company Limited selects Intellect’s eMACH.ai Core Banking

Intellect Design Arena Ltd., a global leader in AI-First, enterprise-grade financial technology, along with ACE Data Systems, today announced its strategic partnership with Ayeyarwady Farmers Development Bank Public Company Limited (A bank PCL), one of Myanmar’s leading commercial banks.

Under the partnership, A bank PCL will modernise its banking capabilities by implementing Intellect’s eMACH.ai Core Banking, delivering a highly agile, scalable, and resilient technology foundation. The bank also leverages Intellect’s PF Credit and AI First Lending solutions to strengthen its credit processes for loan origination and servicing significantly. PF Credit is built on Purple Fabric – an enterprise-grade Open Business Impact AI platform that delivers secure, decision-grade intelligence by leveraging Enterprise Knowledge Garden, Enterprise Digital Experts, LLM Optimisation Hub and Enterprise Governance. ACE Data Systems will be the local implementation and support partner, ensuring a strong regional presence and execution in collaboration with Intellect.

Key benefits for A bank PCL through this strategic partnership include:

• Faster go-to-market with comprehensive offerings across core banking, lending, trade finance, and treasury, all built on microservices and API based architecture
• High extensibility and control through parameter-driven configuration and a low-code API platform, enabling faster launch of new banking products.
• Improved business visibility with ‘look-ahead processing’ and ‘Turbo-EOD algorithm’, resulting in faster End-of-Day, End-of-Month and End-of-Year reports
• Better Compliance through Myanmar-ready payment rails, local integrations and readily available regulatory reports
• AI-powered efficiency with PF Credit digital experts across loan origination, credit sanction and loan servicing, resulting in 10X faster loan origination and up to 70% improvement in Net Promoter Score

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U Zaw Lin Htut, Executive Chairman, A bank PCL, said, “At A bank PCL, our digital journey is driven by a singular focus: delivering unparalleled value to our customers. This strategic partnership with Intellect and ACE marks a pivotal moment in our evolution. By integrating world-class, AI-driven core banking and lending platforms, we are not just upgrading our technology—we are fundamentally transforming how we serve our community. This robust, future-ready infrastructure empowers us to launch smarter products faster, streamlining loan approvals, and elevating the entire digital banking experience. True to our promise of ‘Standing With You,’ we are building a resilient financial ecosystem to help our customers and businesses thrive in Myanmar’s dynamic economy.”

Rajesh Saxena, Chief Executive Officer, Intellect Consumer Banking, said, “Banks today are not just modernising technology, they are redefining how financial services are delivered. A bank PCL’s transformation reflects a strong strategic intent to build a future-ready banking platform that can scale with Myanmar’s economic ambitions. Together with ACE Data Systems, our trusted regional partner, we are proud to support A bank PCL’s transformation by delivering eMACH.ai Core Banking and PF Credit (Our AI enterprise Lending Suite), enabling the bank to move towards a truly composable, intelligent digital banking and lending foundation that delivers real business impact and positions A bank PCL for long-term, sustainable growth.”

Zaw Moe Thant, Chief Executive Officer, ACE Data Systems, said, “We are honored to partner with A bank PCL in this strategic transformation journey. By combining Intellect’s globally recognized eMACH.ai platform with our deep local expertise and proven implementation capabilities, we are committed to delivering a secure, scalable, and future-ready core banking solution. Together, we aim to enable seamless digital innovation and support A bank PCL’s vision for sustainable growth in Myanmar’s evolving financial landscape.”

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