| 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.
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: .
- 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.
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.
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
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
- 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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