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Polaris Soft wins European co order for risk treasury

Our Bureau

Chennai , July 4

POLARIS' Intellect Treasury solution has been chosen by one of the world's leading financial services company for its risk treasury business in Europe.

This multi-location implementation deal was won amongst competition from the current incumbent and OPICS from Misys, says a Polaris press release.

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.

Mr Arun Jain, CEO, Polaris Software Lab, in a release 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.

Polaris did not divulge the customer's name and the value of the deal.

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