MEDIA RELEASE PR36160
Polaris Software Launches Intellect GUB CBX at Sibos
CHENNAI, India, September 16 / PRNewswire-AsiaNet / -
- ...Three of the World's Largest Global Transaction Banks Showcase
Solutions Powered by Intellect CBX
Polaris Software Lab Limited (POLS.BO), a leading Financial Technology
Company today launched Intellect GUB 10.0, the most comprehensive corporate
banking solution at Sibos 2009. Intellect GUB 10.0 offers functionality and
technology architecture to create Customer Business eXchange (CBX) that can
significantly enhance banking experience of corporate customers.
Intellect Global Universal Banking (GUB) 10.0 is a unique
banking platform that offers most comprehensive products across the wholesale
banking spectrum from trade finance, cash management, treasury, commercial
lending, commercial cards, securities services and payments with built-in
shared business services such as collateral management, limit monitoring,
payment governance, analytics layer and a powerful unified portal. The
solution harnesses the power of SOA to modernize bank's technology platform
and enables bank to rapidly launch new products for its emerging lines of
business.
Customer Business eXchange enables transaction services and
information exchange for all or a 'mix and match' combination of Intellect
GUB 10.0 functionality that is uniquely required by corporate banks. Banks
can utilize CBX for corporate customers and provide them with a single entry
into the complete suite or mix of corporate products and services such as
Liquidity management, Treasury, Trade, Custody and Payments.
Intellect GUB 10.0 and CBX are being showcased to the leading
corporate bankers from around the world participating in Sibos 2009, the
world's premier financial services event being hosted in Hong Kong.
Launching Intellect GUB 10.0, Mr. Arun Jain, Chairman & CEO,
Polaris Software Lab Ltd., said, "Corporate Banking community is looking at
innovative and collaborative ways to create new growth models. The
comprehensive and agile technology architecture of Intellect GUB 10.0 enables
banks to create CBX that offers the ability to transact across departmental
solutions thereby improving sales & operational productivity and customer
retention. With its unique proposition of constructing tailor made solutions,
I am delighted to find CBX getting phenomenal acceptance at Sibos."
Commenting on the launch, Mr. Kartik Kaushik, President -
Global Sales and Account Management, said, "Intellect GUB offers unmatched
interoperability and the ease of bringing together comprehensive and
functionally rich components in the form of CBX. We have been able to deliver
customized and innovative corporate banking solutions with fastest time to
market using our approach of CBX. At Sibos, three of the world's largest
global transaction banks are showcasing solutions powered by Intellect CBX."
About Polaris Software Lab
Polaris Software Lab (POLS.BO) is a leading Financial
Technology company, with its comprehensive portfolio of products, services
and consulting. Polaris has a talent strength of over 9,000 solution
architects, domain and technology experts. The company owns the largest set
of Intellectual Properties in the form of a comprehensive product suite,
Intellect Global Universal Banking (GUB) 10.0. IntellectTM is the first pure
play SOA based application suite for Retail, Corporate and Investment
banking.
Polaris is headquartered in Chennai and has offices in all
global financial hubs including Tokyo, Sydney, Hong Kong, Singapore, India,
Dubai, Bahrain, Riyadh, London, Belfast, Zurich, Frankfurt, Toronto, New
York, Chicago, Fremont, Pittsburgh and Chile. For more information, please
For more information, please contact:
Shailesh Dhawla
Polaris Software Lab
Tel: +91-99620-23124
Email: shailesh.d@polaris.co.in
Source: Polaris Software Lab Limited
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