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Home About us History
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History
1993
Polaris Software Lab Ltd Incorporated
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
1995
Quality Processes aligned to SEI- CMM Level 3
  Konark Trust formed
1996
Operations set up in USA
  Ullas Trust formed
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"
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
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" Award
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
2001
Wholly owned Subsidiary in Ireland
. Commenced operations in Japan
  Gurgaon Campus inaugurated
  World’s First CMMi level 5 company
  NASSCOM Felicitates Polaris Software
  Rated as 'Fastest growing company in India' by Computers Today and Business World
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
2003 Historic merger with OrbiTech (Citigroup Subsidiary)
  Birth of Intellect
  Birth of Optimus
  "The Banker Technology" Award
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
2005 Launch of next generations Intellect Banking Platforms
  Incorporation of Subsidiary in Canada
2006 World’s First Super Specialty Center for Investment Banking, The Capital, Hyderabad
  Near Shore Centre in Belfast
  Entry into Latin America
  Recognized as Global Leader in the Specialty Application Development by Cybermedia
2007 "Corporate Banking" New Center in Mumbai
  Launch of PACE Lab in Sydney
  The Banker’s Award for 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
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
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
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