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About Polaris

Founded in 1993 and publicly-listed, Polaris Software is the world's most sophisticated banking and insurance software company. Polaris is the chosen outsourcing partner for 10 of the top 15 global banks and 6 of the 10 top global insurance companies. Polaris offers state-of-the-art, comprehensive solutions for core banking, corporate banking, wealth & asset management and insurance. Over the last two decades, Polaris has implemented its solutions and services among 200 of the world's largest financial institutions. Polaris Software is also recognized by the world's top analysts (Forrester and Gartner) as global leaders in banking and insurance software.

Strong Roots

Polaris began its journey over 25 years ago when it partnered with Citibank to create India's first ATM system. In 1993, Polaris was recognized by the Smithsonian Institute for creating the FIRST Banking solution on distributed architecture.

As a result of this partnership experience with Citibank, Polaris gained two very critical experiences:

  • Creating mission-critical solutions with leading-edge functionality, built on reliable and robust technical architecture which could be successfully implemented and replicated across the globe. Today, this experience and learning has culminated in a suite of modular solution components: Intellect Global Universal Banking.
  • Creating successful outsourcing models which enables Polaris to meet and exceed global standards. This experience has been converted into a predictable and repeatable model of success and is known as the OPERA.

In 2003, Polaris acquired Citibank's banking IT arm and transformed it into the world's leading Financial Technology Corporation. Today, Polaris has been rated among the top 8 in IT services in banking globally.

From Experience to Expertise

Polaris' intimated understanding of the Money business distinguishes it from all others.

While the rest of the Indian IT industry was busy building expertise on COBOL, Java and Lotus, Polaris built expertise around Banking, Financial Services and Insurance (BFSI) specializing on industry segments such as Investment Banking, Retail Banking, Credit Cards, Corporate Banking, and Insurance.

Polaris organized itself into 7 Business Solution Centers (BSC's). Each BSC houses expertise in one domain area. For example, the Hyderabad BSC houses investment banking & wealth management expertise and is the world's first specialty center for Investment Banking.

Over $300,000,000 and 10,500 experts, 20 years later

Polaris is proud to serve the world's most prestigious banks, including Citigroup, SEB, Shinsei Bank, Mekong Housing Bank, Saigon Hanoi Bank, Al Hilal Bank, and Deutsche Leasing, to name a few. Polaris' strength lies in its people: World-class bankers, peerless information technology experts, and quality assurance gurus all work together to ensure the best possible outcomes for clients.

Nalanda University

Nalanda University is Polaris' corporate learning center and has a mandate to create and cultivate the specialized expertise of 21st century banking.

At Polaris, we call this philosophy 'The Economics of Expertise.'

  • Expertise that helps our customers serve their customers
  • Expertise that helps our customers reach their goals better and faster
  • Expertise that helps our employees live their dreams
  • Expertise that helps our shareholders derive more returns, and
  • Expertise that helps build more experts in society
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