Association of Mutual Funds in India (AMFI) has entrusted Polaris Financial Technology to develop MF Utility, a Centralized Mutual Fund distribution platform. This platform will improve retail penetration through geographic reach and enhance customer convenience and operations & service efficiency, while enabling significant reductions in cost for the Mutual Funds industry.
The company was awarded the project because of deep domain knowledge and experience in developing and maintaining a high performance OLTP platform for the Chicago Mercantile Exchange, as well as solutions for the RBI and NABARD.
Polaris is a full-spectrum Financial Technology major, using technology as an enabler to drive unprecedented operational productivity in Retail, Corporate and Investment Banking. Polaris services over 200 banks across the world, including 9 of the top 10 banks, with a comprehensive suite of products, services and consulting offerings.
