Polaris launches cloud service for banks

T. E. Raja Simhan Updated - August 02, 2011 at 03:57 PM.

(from left) Mr Pradeep Nair, Director, IBM Software; Mr Arun Jain, Chairman and Managing Director, Polaris Software Lab Ltd; Ms Karen J. Wendel, CEO, Iden Trust, and Mr Jaideep Billa, Executive Vice-President, FT Grid, at a press conference in Chennai on Tuesday. PHOTO: Bijoy Ghosh

Polaris Software Ltd has launched its FT Grid, which the company claimed was the world's largest 'cloud' offering with a capacity to cater to handle 100 million customers.

The FT Grid will enable the Chennai-based software company to offer its financial technology infrastructure and banking products on a pay-per-use (cloud) model to banks and financial institutions.

Published on August 2, 2011 07:07