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Polaris Financial Technology is currently trading at Rs 137.55, up by 9.30 points or 7.25% from its previous closing of Rs 128.25 on the BSE.
The scrip opened at Rs 129.00 and has touched a high and low of Rs 139.35 and Rs 128.25 respectively. So far 536530 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 5 has touched a 52 week high of Rs 175.40 on 16-Mar-2012 and a 52 week low of Rs 102.80 on 23-May-2012.
Last one week high and low of the scrip stood at Rs 139.35 and Rs 118.15 respectively. The current market cap of the company is Rs 1362.74 crore.
The promoters holding in the company stood at 29.14% while Institutions and Non-Institutions held 31.55% and 39.31% respectively.
Polaris Financial Technology, a leading global financial technology company, recently presented its Intellect Customer Onboarding Hub (ICOH). ICOH is a comprehensive solution for managing the entire customer onboarding lifecycle, cross-channel account opening and 360 degree view of customers for all banking lines of business, product groups and customer segments. The solution was showcased during an event in New York, as part of Polaris' FT (Financial Technology) Innovation Services.
Intellect Customer Onboarding Hub offers banks the ability to drive operational efficiencies across the entire customer onboarding lifecycle, while ensuring regulatory compliance and providing an improved customer experience. Operational silos, lack of straight through processing, unintegrated channels and rapidly changing regulatory requirements have posed significant challenges when banks have undertaken to streamline the customer onboarding process across product lines and fragmented systems.
Built on Polaris's trademark Hub technology, it comes with flexible rule driven workflows, configurable user interfaces, dynamic data models, a built-in integration engine, efficient image & document management capabilities, secure user and role based entitlements. ICOH provides standardized processes for onboarding across all banking lines of business, coverage for all applicable regulatory compliance, seamless account opening and enhanced 360 degree customer views, along with extensive business activity monitoring and reporting capabilities
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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