Polaris Financial Technology, a leader in products, solutions and services that enable unprecedented operational productivity for the global Financial Services industry has moved up four positions to rank 34 on the FinTech 100 for 2013. This annual international listing ranks top vertical technology service providers who derive more than one third of their revenue from the Banking Industry as named by American Banker, Bank Technology News and IDC Financial Insights.
Polaris launched the world's first financial technology design centre, FT 8012, to engineer solutions that drive unprecedented value by uniquely connecting business, technology and operations in the design process. Polaris' introduction of Design Thinking as a key differentiator in developing solutions for the transformative agendas of CIOs of banks and financial institutions worldwide, has established the company as a thought leader with game changing solutions, emerging from a collaborative design process.
The company's deep domain expertise coupled with design capabilities saw the launch of three path breaking solutions at a recent annual banking and financial conference: iGTB - The world's first complete Global Transaction Banking Platform; Payments Hub - A real-time payments solution that minimizes operational risk and improves the Straight Through Processing rate to over 90%; and the revolutionary Canvas Technology - An Omni-Channel solution that enables role-based efficiencies for Financial Institutions. This follows, the growing international foot print of Polaris' Intellect, a pure play Service Oriented Architecture (SOA) based application suite that spans Retail Banking, Corporate Banking, Treasury and Liquidity Management, Core Banking, Capital Markets, Asset & Wealth Management and Insurance.