Polaris Financial inches up on launching Intellect FABX on iPad

23 Apr 2012 Evaluate

Polaris Financial Technology is currently trading at Rs. 155.45, up by 0.90 points or 0.58% from its previous closing of Rs. 154.55 on the BSE.

The scrip opened at Rs. 150.00 and has touched a high and low of Rs. 155.45 and Rs. 150.00 respectively.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 212.30 on 27-Apr-2011 and a 52 week low of Rs. 112.80 on 24-Nov-2011.

Last one week high and low of the scrip stood at Rs. 160.30 and Rs. 150.00 respectively. The current market cap of the company is Rs. 1,545.00 crore.

The promoters holding in the company stood at 29.15% while Institutions and Non-Institutions held 35.45% and 35.40% respectively.

Polaris Financial Technology, a leading global Financial Technology Company, has launched Intellect FABX (Financial Advisor Business eXchange) on the iPad, the most comprehensive financial advisor workstation available on the iPad. Intellect FABX's customer engagement solution will dramatically change the way financial advisors engage with clients in result-oriented conversations.

The unique solution empowers the advisor with a single point interface offering a comprehensive 360-degree view of the client, to manage rising core system complexities thereby increasing productivity by up to 30%.

Intellect FABX was launched during an event at the Harvard Club of New York City as part of Polaris' FT (Financial Technology) Innovation Series. The Polaris FT Innovation Series is an initiative spearheaded by the FT Research team at Polaris which aims to drive innovation across the organization and establish partnerships in academia to address critical business challenges and generate customer value.

Polaris Financial Technology is one of India’s leading institutions contributing to the knowledge economy of the global financial services marketplace. The company offers intellect suite of products namely intellect cards, intellect front office, intellect universal banking, intellect consumer finance, intellect cash and liquidity, intellect risk and treasury, intellect portals, intellect wealth management and intellect securities services.

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Company Name CMP
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