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Polaris company profile - About Polaris Financial Technology Limited

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Founded in 1993, Polaris FT is a leading Financial Technology company headquartered in Chennai. With its comprehensive portfolio of products, smart legacy modernization services and consulting, Polaris offers state-of-the-art solutions for Core Banking, Corporate Banking, Wealth & Asset Management and Insurance. Polaris is the chosen outsourcing partner for 9 of the top 10 global banks and 7 of the 10 top global insurance companies. Polaris believes that value creation in an outsourcing relationship grows as customer relationships mature with time. Relationship, expertise, technology, Intellectual Property and Global Reach are the routes that enable the company to come closer to its customers worldwide.

History


2010
Acquired Indigo TX, a SaaS Company that provides GO TX brokerage platform
Launched Intellect Privacy Internet Banking Security Card, an online and internet banking security card
Launched Intellect GUB M 180, the most comprehensive enterprise banking solution

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

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

2007
"Corporate Banking" new Center in Mumbai
Launch of PACE Lab in Sydney
The Banker’s 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

2006
World’s First Super Specialty Center forInvestment Banking, The Capital, Hyderabad
Near Shore Centre in Belfast
Entry into Latin America
Recognized as Global Leader in the Specialty Application Development by Cybermedia

2005
Launch of next generations Intellect Banking Platforms
Incorporation of Subsidiary in Canada

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

2003
Historic merger with OrbiTech (Citigroup Subsidiary)
Birth of Intellect
Birth of Optimus
"The Banker Technology" Award

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

2001
Wholly owned Subsidiary in Ireland
Commenced operations in Japan
Gurgaon Campus inaugurated
World’s First CMMi level 5 company
NASSCOM Felicitates Polaris FT
Rated as 'Fastest growing company in India' by Computers Today and Business World

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

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"

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

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"

1996
Operations set up in USA
Ullas Trust formed

1995
Quality Processes aligned to SEI- CMM Level 3
Konark Trust formed

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

1993
Polaris Financial Technology Limited Incorporated



CORPORATE SOCIAL RESPONSIBILITY (CSR)

In Polaris, Corporate Social Responsibility (CSR) or Corporate Citizenship is not just an involvement in charitable or philanthropic activities due to business responsibility but our organization's conscious decision to support our social, economic and ethical responsibilities. CSR practice is embedded in our organisation culture and is part of our way to give back to the society where we live and owe our growth to.

Ullas Trust
Ullas Trust (Polaris’ CSR initiative) was started in 1997 by the Polaris employees, with an aim to integrate Polaris with a larger community and enable them to enjoy the bliss of working with young minds in the country.
The primary motive of Ullas is to recognize academic excellence in students from the economically challenged sections of our society and encourage the “Can do” spirit towards chasing their dreams and aspirations. Very early in its evolution, Ullas decided to focus its energies on students during the most vulnerable stage in their journey – adolescence! This would translate into students from Class (Grade) 9th to 12th.

Sampada
It is this objective that Laser Soft Info systems, a group Company of Polaris, launched the initiative called 'Sampada' - involving PWD (People with Disability) or Differently Abled People (DAP) as we prefer to call them, into our company's mainstream. Today, as an organization, we have Differently Abled People as associates (we refer to our 'employees' as associates) recruited and performing across different levels in the organization.


Company Website: http://polarisft.com/




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