Polaris Financial Technology feature as a Leader in Magic Quadrant

Gartner, Inc. has positioned Polaris Financial Technology, a leading global Financial Technology Company, in the Leaders Quadrant of the recently released ‘Magic Quadrant for International Retail Core Banking (IRCB)’ report for its Intellect Global Universal Banking (GUB).

Polaris’ Intellect GUB, superior in technology and functionality, is a pure play Service Oriented Architecture (SOA) based application suite, comprising Core banking, Lending, Trade, Treasury and Internet banking for delivering mission-critical solutions to manage the complete lifecycle of banking operations.

As per the report, ‘The evaluation for the Magic Quadrant for International Retail Core Banking for 2012, began with 36 product candidates, and resulted in a qualified group of 19 vendors and product offerings that represent the major movers in the retail core banking system market. This final group submitted information ranging from long-term strategies to product road maps. Additionally, Gartner conducted interviews with reference banks to assist in resolving the placement of group finalists on the Magic Quadrant.’

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.