Polaris Software Lab Limited

Infobox_Company
company_name = Polaris Software Lab Ltd.
company_type = Public (BSE|532254)

company_slogan = Live Your Dreams
foundation = 1993
location = Chennai, India
22 offices across 14 countries
key_people = Arun Jain, Chairman & Managing Director, Arup Gupta, COO,
num_employees = 11,000 (2008)
industry = IT Services, Consulting
services = Banking and financial products and solutions, business consulting, IT and value-added business process outsourcing revenue = profit $300 million/Profit 25 million
homepage = [http://www.polaris.co.in/ www.polaris.co.in]

Polaris Software Lab is top 10 Leading Software company.Fact|date=September 2008

Polaris Software Lab Limited is a India-based global banking & financial IT and management consultancy company. It is quoted on the Bombay Stock Exchange. It claims to be the first company in the world to be assessed and certified CMMi Level 5 (in 2006).Fact|date=February 2007 As of 2006, the company is active in 14 countries and has almost 11,000 employees As of 2008.

Overview

Polaris Software Lab Ltd is headquartered in Chennai. It provides solutions and services in information technology for the global financial services marketplace.

Polaris has operations in Canada, United States, United Kingdom, Germany, France, Switzerland, Ireland, Singapore, Australia, Saudi Arabia, Bahrain, UAE, Chile, Japan and Spain .

History

Polaris Software Lab Ltd. was incorporated in 1993. Polaris was one of the first vendors that Citigroup chose to partner with, when it decided to enter India. In parallel, Citigroup also started its own company called COSL (Citibank Overseas Software Ltd). COSL was later re-christened as Orbitech only to be later merged with Polaris.

Business units

Polaris is organized into 7 "Business Solution Centers" (BSCs). Each BSC houses expertise in a focused financial domain and caters to clients involved in the same area of business expertise. BSC 1,2 and 3 are based in Chennai. BSC 4 is in Hyderabad. BSC 5 & 7 are in Mumbai. BSC 6 is in Gurgaon (near Delhi).

Clients

Clients include global financial services institutions.

Rewards and Recognition

World's first CMMi (Capability Maturity Model Integrated) Level 5 Certified company.
Certified as ISO 9001, BS 7799, CMMi Level 5, SEI CMM Level 5 company.
Polaris was recognized by the Smithsonian Institute in 1993 for creating the first ever banking solution on distributed architecture.Fact|date=February 2007

Polaris has won for the second consecutive year Global Services 100 in the specialty applications development category [ [http://www.globalservicesmedia.com/sections/gs100/showArticle.jhtml?articleID=197000393 Top 10 Specialty Application Development Providers — Winner Polaris ] , Global Services 100 (2007-01-31)]

Polaris' Intellect Treasury wins the The Banker Capital Markets Projects Award 2007 [ [http://www.thebanker.com/news/fullstory.php/aid/4960/Capital_Markets_Project_Awards.html The Banker - Capital Markets Project Awards] , The Banker(2007-JUL-04)]

Group Companies

* [http://www.adrenalinet.com Adrenalin - Human Capital Management Solution]
* [http://www.polarisretail.com Polaris Retail Infotech Ltd]

Notes

External links

* [http://www.polaris.co.in Official website]