Successful financial technology solutions design requires Products AND Services prowess.
Transformative solutions demand holistic FT capability. Polaris has proven Run The Business – Change The Business credentials, being an active partner in some of the world’s most significant transformation initiatives.

Global relevance through financial institution lifecycle progression.
Using the measure of how early they adopted technology, financial institutions can broadly be classified into three groups – World 1, 2 and 3. Polaris is uniquely equipped to serve the needs of customers across all 3 groups as they grapple with new product roll out, multiple lines of business, global expansion and regulatory demands. The early adopters have the expensive and high risk challenge of dealing with multiple generations of legacy systems, while newcomers must learn to adopt newer and therefore less proven technologies while integrating seamlessly with the growing digital eco system.

Strong FT Services driven by a solutions mindset.
Polaris is strongly differentiated with a focus on Global Transaction Banking, Treasury, Capital Markets and Insurance.

World’s largest Corporate Banking Portal
80 Country Mega Trade Platform
Integrated Commercial Risk Management Platform for over $60bn in commercial risk exposure for over 200,000 customers fragmented over 100+ systems worldwide
QFX Solution on high volume, high availability, STP engine for $10 trillion FX settlement/day

Industry analysts rate Polaris Services Business highly on capabilities in terms of scale, scope, technology/domain investment, delivery footprint, buyer satisfaction and resultant market success in the context of a given outsourcing function.

Going forward, the Services Business will focus on four strategic areas: Digital Enterprise; Payments; Risk & Compliance; Data & Analytics. Early response to the High Performance Outsourcing (HPO) model has been very positive. Customers recognise deep competency backed with a radically different engagement model which guarantees agreed performance outcomes.

Intellect drives customer choice across iGCB, RTM, GTB and Insurance
The Intellect brand represents the Products business which covers four distinct lines of business (Global Consumer Banking, Risk & Treasury Management, Global Transaction Banking, and Insurance), each comprising specialised products, integrated solutions and platforms.

Powerful FT Products deliver the most integrated enterprise solution suite, receiving critical acclaim from analysts and customers.

The fastest central core banking implementation in the world
The largest Treasury Operations in Europe
Smart Modernisation with 15 – 20% optimisation assurance
Liquidity Solutions that enable customers to become Principal Banks to their corporate customers

Our continued investments in transformative technology design are industry game-changers.
Design for Digital Transformation enables financial institutions to move from exciting but disjointed piecemeal change initiatives to seamless full landscape digital transformation, with staged transitioning based on customer lifecycle maturity. Polaris is uniquely able to leverage process, technology and business model expertise to enable Digital 360 with powerful Digital IN and Digital OUT technologies. Helping customers navigate through the four classical stages of digital transformation, Polaris uses the proprietary COPARIS framework to focus on seven critical dimensions required to work in harmony for impactful design, and the SEPIA and DECAF models for sustainable change management.

Hub Technology: extreme operational efficiency with highest STP. Digital IN
Canvas Technology: single instance omni-channel digital transformation. Digital OUT
CBX Technology: maximum role-based efficiency with business processes abstracted to apps
MPX Technology: knowledge shelving & wiring and aligned with enterprise strategy
Octopus Technology: collaborative open kitchen workspace for multiple stakeholder groups

8012 FT Design Center! The world’s first financial technology design center.
Spread over a stimulating 30,000 sq. ft. canvas on the IT Highway, Chennai, India, the 8012 FT Design Center is where Business, Technology and Operations connect on the same page. Allowing for holistic challenge-solution exploration.

Design is the key differentiator for financial institutions. At the 8012 FT Design Center customer teams unravel complexity, spot white spaces, and connect dots while engaged in comprehensive enterprise platform demonstrations and introductions to new transformative technologies.

Experience the theory and practice of design for successful transformation:

Design modernisation initiatives engineered for progressive and painless deployment.
Design complete front or back office operations that deliver assured start point 15% reduction in operations costs.
Design offerings centred around the customer as against business lines, dramatically improving user experience and response rates.
Design Centres of Excellence connecting and unlocking value in Business, Technology and Operations, around Analytics, Testing and AMS.
Design business and risk diagnostics with holistic integration and visualisation that factors in legacy eco system realities.

8012FT Design Center is the first of several such facilities being set up around the world, providing financial institutions the design differentiation they need to drive unprecedented value.

Design. Diagnostics. D-3OTIF
High Performance Financial Technology is all about Design, Diagnotics, and Delivery. Central to the Polaris purpose is a deep understanding of the lifecycle of finance in the lives of individuals, communities and financial institutions. It takes a strongly rooted culture to sustain the Polairs commitment to drive year-on-year efficiency improvement. This leaves no room for complacency.

Customer-centric Polaris is a strongly people-oriented enterprise. The spirit of enquiry and entrepreneurship runs strongly through our veins. This makes us more agile. More able to challenge limiting beliefs. And take on the most arduous complexities in financial services, certain in our belief that through collaborative design, we can leverage financial technology to drive unprecedented value. This is consistently made possible by our deep domain expertise, and enterprise transformation process, technology and business models. Enduring customer relationships are built on a reputation for meeting and surpassing solution delivery commitments. We are financial technology specialists. Setting industry standards in design, diagnostics and delivery excellence, reflected in the longest ongoing customer engagements, and the outcomes we enable them drive.

We are in the fourth stage of our enterprise evolutionary journey.

Polaris 1.0 (1985 – 2001) was our formative period focussed on FT Sourcing. We chose a singular BFSI path and adopted Services with a strong vertical approach.

Polaris 2.0 (2002 – 2008) was a conscious period of IP Build, which we leveraged to deliver unprecedented operational productivity. The milestone Orbitech acquisition, progressive governance & customer engagement models while ramping up people-processes-infrastructure, were part of this phase.

Polaris 3.0 (2009 – 2011) saw us focus on complexity reduction in financial institutions, leveraging high performance financial technology. By now we were working with leading banks and insurance companies around the world and our Run The Business Change The Business (RTB CTB) successes were leading industry transformation initiatives.

Polaris 4.0 (2012 onwards) is a period where Design become integral to the way we work. Design was used to drive deep differentiation. The COPARIS framework attacked the seven dimensions of complexity. The BOTIS framework ensured fail-safe design, accelerating the progress of innovation to industrialisation. This has been a period of acceleration, rationalisation, and transformation.

Polaris demerges the Products business
Unlocking value in Services and Products businesses with a focus oncustomer centricity and institution building.

The de-merger of the Polaris Services and Products businesses is our commitment to their individual growth. This is alogical extension of the creation of two separate divisions announced in May 2013, headed by empowered CEOs and leadership teams.

Customers quickly realised the separation of Services and Products business would not result in any disruption, lack of continuity, or operations breaks. They appreciated the de-merger is a strong affirmation of long term enterprise commitment. It means more customer centricity, better alignment of competencies, decision making and processes, all centred around the customer, and design for greater value creation.

The carefully thought through and measured stages over the last two years from opportunity distillation through new organisation structure implementation, has ensured a smooth transition of operations over the last three quarters of significant internal change.

Sharply defined engagement models ensure single point responsibility for transformational projects. Customers will benefit from integrating Run-the-Business (RTB) and Change-the-Business (CTB) functionality with the strong RTB capabilities of Services, and the powerful Grow-the-Business products and frameworks.

The financial stability of the Polaris enterprise remains very strong. We are a debt-free company with large cash reserves. With product investments already written off and low capex needs, Polaris is in an enviable position to be able to deploy resources strategically across both businesses.

Subject to regulatory due process, the Product Company will be known as Intellect Design Arena Ltd (Intellect) and comprise of four distinct businesses: Global Consumer Banking; Risk and Treasury Management; Global Transaction Banking and Insurance. The Services Business will continue as Polaris Financial Technology Ltd (Polaris) with strong vertical and solution focus. The parent company will be Polaris Banyan Ltd.

As you read this, we are embarking on a new chapter in our enterprise journey, where the Products and Services businesses will extend their individual leadership in specialist products and solutions.