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About Polaris Software Lab Ltd

Polaris Software Lab Ltd, a public listed company found in the year 1993 is the world's most sophisticated insurance and banking Software Company. Polaris offers state of the art comprehensive solutions for core banking, wealth and asset management, insurance and corporate banking. The company is rated among the top 8 Information Technology service providers in the global banking scenario. The headquarters of the Polaris are located at Chennai; India the company has more than 10,000 experts in various fields to cater to their global client requirements.

Brief History
More than 25 years ago, Polaris began its journey by partnering with Citibank for creating India's first Automated Teller Machine (ATM). The company was recognized for creating the first banking solution on distributed architecture by Smithsonian Institute in the year 1993. Polaris gained two very important experiences while working for Citibank. The first was creation of critical solutions with pioneering functionality which could be implemented and replicated anywhere in the world. Second was the creation of a successful outsourcing model that enabled the company to exceed the outstanding global standards.

Company Facts

Polaris has BS7799 certification Polaris ranked 9th in NASCOMM's top 20 exporters list for 2004-2005 Polaris has in excess of 10,500 associates Polaris has 23 international offices and 4 global near shore development centers Polaris has 7 business solution centers focusing in micro verticals Polaris is world's 1st CMMi (Capability Maturity Model Integrated) Level 5 Certified Company Polaris has over 20 years of experience in banking, financial services and insurance

Field of Expertise
Polaris has expertise in a range wide of sectors consisting of wealth management, retail banking, investment banking, and process consulting enterprise solutions, pace testing, insurance and corporate banking. Other areas of expertise include expertise that helps the company to reach their goals quickly and efficiently and help build more experts in the society.

Corporate Social Responsibility


As a part of the company's social responsibility initiative, the company set up Ullas Trust in the year 1997. One of the primary tasks of this trust is to nurture dreams and encourage a sprit of belief that things can happen among economically backward adult students. Under this trust each Polarite counsels a disadvantaged student by acting as his/her role-model and financing 40% of a scholarship while Polaris donates the rest.

Overseas Oprerations
Polaris has overseas operations in:

Canada United States of America United Kingdom Germany France Chile Hong Kong Netherlands Spain and Korea Switzerland Ireland Singapore Australia Saudi Arabia Bahrain UAE Japan

Products and Services


Outsourcing Retail Banking Corporate Banking Capital Markets and Asset Management Insurance Products Intellect Universal Banking Intellect Consumer Finance Intellect Wealth Management Intellect Cards Intellect Portals Intellect Cash & Liquidity Intellect Risk & Treasury Intellect Front Office Services Enterprise Solutions Technology CoE Testing CoE Performance Engineering Domain Led Infrastructure Led