Abu Dhabi/Chennai, June 16, 2009: Polaris Software Lab Limited (POLS.BO), a leading Financial Technology Company, today announced that Al Hilal, a leading bank in UAE, has gone live on Polaris’ IntellectTM Collect system. Through this solution, Polaris will help Al Hilal realize its vision of creating financial supermarkets for its customer to experience the entire [...]

Summit Technology Solutions (STS), a Summit Holding company, announced its partnership with Polaris Software Lab Limited (POLS.BO), a leading Financial Technology company. Through partnering with Summit Technology Solutions in Egypt, Polaris has made its first major product go-live in the Egypt market. Intellect Lending, Polaris’ product for Mortgage finance has been chosen by Tamweel, Egypt’s [...]

…To invest USD 20 million in this one-of-its-kind centre
Chennai, April 14, 2009: Polaris Software Lab Limited (POLS.BO), one of the world’s largest Financial Technology companies for the Banking, Financial and Insurance sector, today laid the foundation stone for its Centre of Excellence for Insurance in SIPCOT, Chennai. The company plans to invest USD 20 million [...]

…Declares an interim dividend of 30%
Chennai, 20 January 2009: Polaris Software Lab Limited (POLS.BO), a leader in Specialty Application Development in Banking, Financial and Insurance sector, today announced the third quarter results for FY 2008-2009.
For the quarter ended 31st December 2008, revenue was Rs. 372.58 crore and Profit after Tax (PAT) was Rs. 37.17 [...]

Chennai, 16 December 2008: Polaris Software Lab Limited (POLS.BO), a global leader in specialty application development in the Banking, Financial and Insurance sectors, today announced the launch of an Insurance Concept Lab in partnership with Microsoft. Established in Polaris’ campus in Chennai, this Concept Lab is aimed at building innovative solutions for the Insurance industry [...]

Level Four, the supplier of open standards-based ATM software, today announced a new global partnership with Polaris Software Lab Limited (POLS.BO), a provider of speciality application development and testing services in the banking, financial and insurance sectors. The agreement will enable financial institutions to benefit from a complete end-to-end outsourced testing solution, combining Level Four’s [...]

…EPS guidance revised upwards to Rs. 13.5 from Rs. 12.5
Chennai, 21 October 2008: Polaris Software Lab Limited (POLS.BO), a leader in Specialty Application Development in Banking, Financial and Insurance sector, today announced the second quarter results for FY 2008-2009.
For the quarter ended 30th September 2008, consolidated revenue was Rs. 351.14 crore and Profit after Tax [...]

Chennai / USA, September 30, 2008: Polaris Software Lab Limited (POLS.BO), a global leader in specialty application development in the Banking, Financial and Insurance sectors, today announced that it has signed a definitive agreement to acquire SEEC Inc (www.seec.com), a US based Product and Component Services Company for Insurance Vertical in an all cash deal. [...]

…Intellect portal solution to offer 360 degree view to corporate banking customers
Vienna (Austria) / Chennai (India), September 17, 2008: Polaris Software Lab Limited (POLS.BO), a global leader in specialty application development in the Banking, Financial and Insurance sectors, today announced the launch of a new version of its portal solution Intellect ‘Unified Portal’ for corporate [...]

Chennai, August 05, 2008: Polaris Software Lab Limited (POLS.BO), a global leader in specialty application development in the Banking, Financial and Insurance sectors, today announced that it has signed a Professional Services Agreement (“PSA”) with AIG Global Services, Inc. (“AIGGS”), a wholly owned subsidiary of American International Group, Inc., (“AIG”). Under the terms of the [...]