Polaris Moves up to the 34th Position among Top Global Financial

New Jersey, United States, London, United Kingdom and Chennai, Tamil Nadu,
India, Thursday, November 07, 2013 -- (Business Wire India) 
Polaris Financial Technology Limited, a leader in products, solutions and
services that enable unprecedented operational productivity for the global
Financial Services industry, announced today that it has moved up four positions
to rank 34 on the FinTech 100 for 2013. This annual international listing ranks
top vertical technology service providers who derive more than one third of
their revenue from the Banking Industry as named by American Banker, Bank
Technology News and IDC Financial Insights. 
“Our move up on the FinTech 100 ranking is recognition of Polaris' leading
presence in the global financial services market,” said Arun Jain, Founder,
Chairman & Group CEO, Polaris Financial Technology Limited. “This year's
ranking is a testament to our continued commitment towards delivering
innovative, cost efficient and high performance solutions that power the change
initiatives of leading global banks and financial enterprises. The current
FinTech ranking is a direct result of the growing footprint of our
transformative technological solutions across financial institutions worldwide,
uniquely positioning Polaris as the transformation specialist.” 
Polaris launched the world's first financial technology design centre, FT 8012,
to engineer solutions that drive unprecedented value by uniquely connecting
business, technology and operations in the design process. Polaris' introduction
of Design Thinking as a key differentiator in developing solutions for the
transformative agendas of CIOs of banks and financial institutions worldwide,
has established the company as a thought leader with game changing solutions,
emerging from a collaborative design process. 
The company's deep domain expertise coupled with design capabilities saw the
launch of three path breaking solutions at a recent annual banking and financial
conference: iGTB - The world's first complete Global Transaction Banking
Platform; Payments Hub - A real-time payments solution that minimizes
operational risk and improves the Straight Through Processing rate to over 90%;
and the revolutionary Canvas Technology - An Omni-Channel solution that enables
role-based efficiencies for Financial Institutions. This follows the growing
international foot print of Polaris' Intellect, a pure play Service Oriented
Architecture (SOA) based application suite that spans Retail Banking, Corporate
Banking, Treasury and Liquidity Management, Core Banking, Capital Markets, Asset
& Wealth Management and Insurance. Backed by relentless commitment to better
Design, Diagnostics and Delivery, Polaris is fast emerging as the ideal partner
for banks' and financial enterprise's transformation initiatives.  
For more information about the rankings, visit
http://www.idcfi.com/services/fintech100.jsp
To view the FinTech Special report, visit
http://www.americanbanker.com/fintech100/ 
About Polaris Financial Technology Ltd 
Polaris Financial Technology Limited is a global leader in Financial Technology
for Banking, Insurance and other Financial Services. With over 25 years of
expertise in building a comprehensive portfolio of products, smart legacy
modernization services and consulting, Polaris owns the largest set of
Intellectual Properties for a comprehensive product suite, Intellect® Global
Universal Banking (GUB) M180. Intellect® is the world's first pure play Service
Oriented Architecture (SOA) based application suite for Retail, Corporate,
Investment banking and Insurance. Its acclaimed products, solutions and services
enable unprecedented operational productivity for the global Financial Services
Industry by Building, Maintaining, Expanding and Extending highly complex and
Integrated Financial Technology Infrastructure. 
This makes Polaris the chosen partner for 9 of the top 10 global banks and 7 of
the top 10 global insurance companies. The company has a global presence through
its 40 relationship offices across 30 countries, 6 international development
centers and 8 fully owned Business Solution centers. Polaris has a talent
strength of over 13,000 solution architects, domain and technology experts. For
more information, please visit http://www.polarisFT.com/. 
Media contact details 
Minal Sahani,
Polaris Financial Technology Ltd.,
+91 9176626468,
minal.sahani@polarisFT.com 
G. Sunanthy Devi,
Polaris Financial Technology Ltd,
+91 8939933564,
sunanthy.g@polarisFT.com 
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-0- Nov/07/2013 12:39 GMT
 
 
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