Software Suite

July 04, 2011 (LBO) – Sri Lanka’s Citizens Development Business Finance has selected a banking technology platform developed by Polaris Software and MillenniumIT, a statement said. The IntellectTM product suite supports a wide spectrum of banking operations such as general ledger and deposits, along with specialized modules like pawning, debentures, and audit trail.

“This well developed application software will enable CDB to increase its efficiency, performance, security and transparency of its day -to- day operations allowing its customers to enjoy a higher level of service,” the statement said.

IntellectTM will support future growth plans of CDB in terms of business scaling, product depth and meeting ever evolving customer expectations,” said Mahesh Nanayakkara, chief executive of CDB.