Polaris Soft bags European order

By agencies   |   Tuesday, 05 July 2005, 19:30 IST
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CHENNAI: Polaris Intellect Treasury solution has been chosen by one of EuropeÂ’s biggest financial services company for its risk treasury business. According to the release, this multi-location implementation deal was won amongst competition from the current incumbent and OPICS from Misys. Polaris' solution offering is built around the Intellect Suite and the SmartBuild approach. The products used are Intellect Money Markets, supplemented by Intellect Armor, Intellect Integrator and Intellect Reports. Arun Jain, CEO, Polaris Software Lab, said, this deal is a major milestone in the lifecycle of Polaris' product strategy. Winning such a deal proves that the SmartBuild strategy around the Intellect suite is providing a promising proposition to Tier 1 players, globally.