Polaris Software launches world’s largest FT Grid with 100 MC capacity

02 Aug 2011 Evaluate

Polaris Software Lab, a leading global financial technology company, has launched its FT Grid, the largest cloud offering with the capacity to cater to 100 million customers. This cloud offering will enable the company to offer its financial technology infrastructure and banking products on a pay per use (Cloud) model to banks and financial institution through a ready to use platform with industry standard hardware, middleware, RDBMS and network connectivity components changing the face of banking globally.

To cater to the three major global markets for Polaris, the FT grid will be offered in three different variants. The FT Grid 7010 Core Banking would cater to lowest Cost CBS, Mobile-banking and prepaid card solutions for global banks in developing economies such as India, Bangladesh, African countries, Vietnam. Secondly, FT Grid 8010 capital Markets would cater to Wealth management, mutual Funds, Brokerage services and Risk treasury applications for maturing markets in European Union. Lastly the FR Grid 9010 Corporate Banking would be used for liquidity, payment, collections and customers on boarding for developed markets such as US, Canada and Australia.

Polaris Software Lab 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 & Liquidity, Intellect Risk & Treasury, Intellect Portals, Intellect Wealth Management and Intellect Securities Services.

Peers
Company Name CMP
TCS 3883.55
Infosys 1498.80
HCL Tech. 1543.30
Wipro 480.05
Tech Mahindra 1250.40
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