Polaris launches new banking platform

T. E. Raja Simhan Updated - September 16, 2013 at 03:48 PM.

Polaris Financial Technology Ltd has launched iGTB, a global transaction banking platform, at Sibos, Dubai, a global event for the financial industry.

Corporate customers can have all their transaction needs integrated through a consolidated portal for the corporate user, leveraging the exchange, says a company press release.

The iGTB is a platform to seize the global transaction banking opportunity, which is estimated by the Boston Consulting Group at $509 billion by 2021 at 10.4 per cent growth rate. Polaris’s GTB division already supplies top banks across the world with transaction banking solutions, says the release.

raja.simhan@thehindu.co.in

Published on September 16, 2013 10:15