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Polaris Financial Technology Ltd

14 March 2012:

Polaris Financial Technology Ltd. (POLS.BO), a leading global Financial Technology company, was recognized as the FY12 Oracle PartnerNetwork (OPN) Specialized India ISV of the Year, in the Oracle Fusion Middleware segment at Oracle’s annual Executive Partner Forum 2012.  

As part of the Oracle Excellence Awards, the OPN Specialized India Awards recognize Specialized partners in Oracle PartnerNetwork who have demonstrated excellence in solution innovation and a track record in delivering outstanding customer value. This award has recognized the growth and influence of Polaris in various areas of Oracle technology, backed by the expertise gained in different Oracle Fusion  Middleware products such as Oracle WebLogic Server, Oracle Golden Gate, Oracle Tuxedo, Oracle SOA Suite and Oracle Coherence.

Speaking on the occasion,  K Srinivasan, EVP & Head, Global Alliances, Polaris Financial Technology Ltd., said, “We are pleased to receive the OPN Specialized India’s ISV of the Year Award in the Oracle Fusion Middleware segment. This award is a testimony to our strong relationship with Oracle, and we look forward to building on our success by consistently delivering the highest quality of service to customers in the Financial Technology space.”  

Chintamani Thorat, Director – Channels, Oracle Fusion Middleware, Oracle India, said, “Congratulations to Polaris Financial Technology Ltd.. Polaris has demonstrated tangible success with Oracle's complete, open and integrated products and solutions. Bringing innovation and excellence, they have delivered to our customers winning, proven solutions that solve their most critical business challenges.  We thank the company for their commitment and wish them greater success in the year ahead.”

Polaris, with its state-of-the-art solutions for Core Banking, Corporate Banking, Wealth & Asset Management and Insurance, partners with 9 of the top 10 global banks and 7 of the top 10 global insurance companies. Polaris is organized into 15 Business Solution Centers (BSCs) across the country, each housing expertise in one specialized domain area. Polaris has Regional Payment Hub deployment supporting 45+ countries, Global Trade Processing platform across 60 countries and a Corporate Banking Portal across 120+ countries that processes $3 trillion worth transactions per day.

About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle’s products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and  business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through  Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more, visit http://www.oracle.com/partners.

About Polaris Financial Technology Ltd.
Polaris Financial Technology Ltd. (formerly known as Polaris Software Lab Ltd.) (POLS.BO) is a leading Financial Technology company, with its comprehensive portfolio of products, services and consulting. Polaris has a talent strength of over 12,000 solution architects, domain and technology experts. The company owns the largest set of Intellectual Properties in the form of a comprehensive product suite, Intellect GUB M180. Intellect is the first pure play SOA based application suite for Retail, Corporate, Investment banking and Insurance.  Polaris is headquartered in Chennai and has offices in all global financial hubs including Bangalore, Belfast, Chennai, Chicago, Dubai, Dublin, Frankfurt, Hong Kong, Ho Chi Minh City, Hyderabad, Illinois, Kuala Lumpur, London, Madrid,  Manama, Melbourne, Mississuaga, Mumbai, Neuchatel, New Delhi, New Jersey, Paris, Pittsburgh, Pune, Riyadh, Santiago, San Francisco, Seoul, Shanghai, Singapore, St. Germain En Laye, Sydney, Thane, Tokyo, Toronto, Utrecht, Victoria and Wicklow. For more information, please visit http://www.polarisFT.com/

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