Polaris company profile - About Polaris Financial Technology Limited

Founded in 1993, Polaris FT is a leading Financial Technology company headquartered in Chennai. With its comprehensive portfolio of products, smart legacy modernization services and consulting, Polaris offers state-of-the-art solutions for Core Banking, Corporate Banking, Wealth & Asset Management and Insurance. Polaris is the chosen outsourcing partner for 9 of the top 10 global banks and 7 of the 10 top global insurance companies. Polaris believes that value creation in an outsourcing relationship grows as customer relationships mature with time. Relationship, expertise, technology, Intellectual Property and Global Reach are the routes that enable the company to come closer to its customers worldwide.

History

2010 Acquired Indigo TX, a SaaS Company that provides GO TX brokerage platform Launched Intellect Privacy Internet Banking Security Card, an online and internet banking security card Launched Intellect GUB M 180, the most comprehensive enterprise banking solution 2009 Lays the foundation stone for its Centre of Excellence for Insurance in Chennai, India Marks its entry in emerging markets of Chile, Vietnam and Egypt Launches Global Universal Banking Intellect 10.0 2008 Opened new Branch office in Seoul, Korea Acquires SEEC Inc, the worldwide SOA based Insurance solution provider Polaris' 'Ullas Trust' wins the the Best CSR Practice Awards presented by BSE-NASSCOM-Times Foundation 2007 "Corporate Banking" new Center in Mumbai Launch of PACE Lab in Sydney The Banker’s Intellect Treasury Entering New Markets like Southern Europe & Nordic 2nd Year in a row - Global Leader in the Specialty Application Development Near-shore Testing Center at Canada 2006 World’s First Super Specialty Center forInvestment Banking, The Capital, Hyderabad Near Shore Centre in Belfast Entry into Latin America Recognized as Global Leader in the Specialty Application Development by Cybermedia 2005 Launch of next generations Intellect Banking Platforms Incorporation of Subsidiary in Canada 2004 Crossed 5000 associates mark BS 7799 Certified Super-Specialty center for Financial Risk Management at Mumbai Launch of Intellect Suite of Products for Banking Solutions Inaugurated "Intellect Court" at Navalur Ranked 9th by NASSCOM Top 20 Exporters Mother Teresa Corporate Citizen Award 2003 Historic merger with OrbiTech (Citigroup Subsidiary) Birth of Intellect Birth of Optimus "The Banker Technology" Award 2002 Opened Business Continuity Centre in Singapore 2nd Time Ranked amongst Top 200 Best Small Companies in the World Ranked among Top 25 Best Employers in the country Launch of Adrenalin Ranked among Top 10 IT Wealth Creators - Business Today 2001 Wholly owned Subsidiary in Ireland Commenced operations in Japan Gurgaon Campus inaugurated World’s First CMMi level 5 company NASSCOM Felicitates Polaris FT Rated as 'Fastest growing company in India' by Computers Today and Business World 2000 "Foundation" - a State-of-the-Art Development center inaugurated Wholly owned subsidiaries in Germany, Switzerland and Australia Ranked among "Fab Five" companies in India by Intelligent Investor Rated amongst Forbes World’s Best Small Companies 1999 Crossed 1000 Associates milestone Initial Public Offering, over-subscribed by 21 times First ATM Development Lab, First Secure Lab Awarded "Best International Business Excellence" 1998 First large Offshore Contract CDC started Wholly owned Subsidiary in UK Quality Processes Aligned to SEI- CMM Level 4 Quality Processes ISO -9001 certified Birth of Polaris Retail Infotech Limited 1997 First Overseas development Centre commissioned for CITI Bank Wholly owned subsidiary found in Singapore and USA Polestar Trust started Initiated our Navalur Facility Polaris awarded "Most Innovative Company" 1996 Operations set up in USA Ullas Trust formed 1995 Quality Processes aligned to SEI- CMM Level 3 Konark Trust formed 1994 End to End Retail banking solution for Citi Bank India To become 100 Crore Company by Year 2000 To be leader in chosen field of expertise To contribute 1% of the profit to Community by ourselves 1993 Polaris Financial Technology Limited Incorporated

CORPORATE SOCIAL RESPONSIBILITY (CSR)

In Polaris, Corporate Social Responsibility (CSR) or Corporate Citizenship is not just an involvement in charitable or philanthropic activities due to business responsibility but our organization's conscious decision to support our social, economic and ethical responsibilities. CSR practice is embedded in our organisation culture and is part of our way to give back to the society where we live and owe our growth to. Ullas Trust Ullas Trust (Polaris’ CSR initiative) was started in 1997 by the Polaris employees, with an aim to integrate Polaris with a larger community and enable them to enjoy the bliss of working with young minds in the country. The primary motive of Ullas is to recognize academic excellence in students from the economically challenged sections of our society and encourage the “Can do” spirit towards chasing their dreams and aspirations. Very early in its evolution, Ullas decided to focus its energies on students during the most vulnerable stage in their journey – adolescence! This would translate into students from Class (Grade) 9th to 12th. Click here to know more on Ullas Trust Sampada It is this objective that Laser Soft Info systems, a group Company of Polaris, launched the initiative called 'Sampada' - involving PWD (People with Disability) or Differently Abled People (DAP) as we prefer to call them, into our company's mainstream. Today, as an organization, we have Differently Abled People as associates (we refer to our 'employees' as associates) recruited and performing across different levels in the organization.

Company Website: http://polarisft.com/




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Last Updated Date: June 19, 2012

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