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.
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2010
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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
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2009
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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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2008
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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
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2007
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"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
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2006
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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
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2005
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Launch
of next generations Intellect Banking Platforms
Incorporation of Subsidiary in Canada
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2004
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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
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2003
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Historic
merger with OrbiTech (Citigroup Subsidiary)
Birth of Intellect
Birth of Optimus
"The Banker Technology" Award
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2002
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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
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2001
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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
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2000
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"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
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1999
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Crossed
1000 Associates milestone
Initial Public Offering, over-subscribed by 21 times
First ATM Development Lab, First Secure Lab
Awarded "Best International Business Excellence"
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1998
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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
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1997
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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"
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1996
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Operations
set up in USA
Ullas Trust formed
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1995
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Quality
Processes aligned to SEI- CMM Level 3
Konark Trust formed
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1994
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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
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1993
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Polaris
Financial Technology Limited Incorporated
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CORPORATE SOCIAL RESPONSIBILITY (CSR)
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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.
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Company
Website: http://polarisft.com/
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Last Updated Date: June 19, 2012
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