Sweden's central bank invests in QCMS
For better use of collateral assets and Riksbank will gain real-time control and greater flexibility.
Polaris Financial Technology bags contract from Swedish Central Bank
IT services firm Polaris Financial Technology said it has won a deal from Sweden's central bank, Sveriges Riksbank, to implement its banking solutions.
Sveriges Riksbank selects Polaris’ Intellect Quantum Solution
Polaris Financial Technology Ltd, a leader in the global Financial Services industry, announced that Sweden’s central bank, Sveriges Riksbank, the oldest central bank in the world, has chosen to implement Polaris’ Intellect® Quantum Collateral Management System (QCMS).
There is fun and pride in taking on Goliaths
Arun Jain, Executive Chairman of Polaris Financial Technology, says he enjoys being the David that takes on many a Goliath, including IBM, in the financial technology solutions business.
Canvas' set to redesign the way you do banking
The Financial Technology Design Centre on the outskirts of Chennai has developed a new design called Configure Once and Run Anywhere, or CORA. This will not only help banks provide more services from a single window, but also facilitate the customers to enjoy similar banking services on the web and mobile using a single user identity and password.
NACH will create a fully automated process with the use of open standards
IT services and products firm Polaris Financial Technology on Wednesday announced its results for the March quarter, posting a profit of 45.4 crore, up 3.6% compared to same quarter last year. The revenue for the quarter stood at 645.5 crore, up by 16.3% compared to the same quarter last year when it posted revenue of 554.7 crore.
Eye on the future
Polaris' demerger will position it to create value in the future
Polaris Banking Solution live at Palakkad Dist Co-op Bank
Palakkad District Cooperative Bank. Ltd (PDCB) has gone live with Polaris' highly scalable Intellect Core Banking Solution (CBS). PDCB chose Polaris Financial Technology Ltd. to replace the bank's existing legacy system and to move towards a more proven cutting edge technology, the company said in a press release on Monday.
Polaris is meant for patient investors, very positive on the stock: Mehraboon Irani
In a chat with ET Now, Mehraboon Irani, Principal & Head-Private Client Group Business, Nirmal Bang Securities shares his view on PolarisBSE –0.78 % and midcap IT space.
Polaris restructuring to unleash growth at its new divisions
The company quickly scotched such rumours and said the move was aimed at unlocking the potential of the products business.
Polaris Financial Technology launches payment solution for Indian market
Polaris Financial Technology Limited's iGTB division has announced the launch of its NACH-ready India Payments solution. The solution is compliant with major payments systems in the country including National Automated Clearing House (NACH), Next-Generation Real Time Gross Settlement (NGRTGS) and National Electronic Funds Transfer System (NEFT), claims the company.