India, Jan. 20 -- Intellect Design Arena Ltd has announced the signing of a multi-year mandate in Canada for its Purple Fabric-powered Governance, Risk & Compliance (GRC) platform with Carte Financial Group, a leading independent mutual fund dealer and national Managing General Agency. The deal marks a significant step in the adoption of AI-led regulatory operations within Canada's financial services ecosystem.
Under the engagement, Carte will deploy the Purple Fabric GRC Platform to embed decision-grade, explainable intelligence across its regulatory, onboarding and governance workflows. Built as an AI-first, business-impact platform, Purple Fabric is designed to help institutions move from reactive compliance to proactive, intelligence-l...