
Polaris Software Lab UK
Polaris Software Lab was a prominent global information technology services and consulting company, primarily focused on the financial services industry. Headquartered in Chennai, India, the company provided a comprehensive suite of services including application development and maintenance, enterprise architecture, business process management, and infrastructure management. It was particularly recognized for its specialized software products and solutions for core banking, payments, capital markets, and wealth management, such as the Intellect Suite. In 2013, Polaris Software Lab was acquired by Virtusa Corporation. Its operations and brand were gradually integrated into Virtusa, initially operating as VirtusaPolaris, and eventually becoming fully part of Virtusa. The 'UK' in the name refers to its subsidiary or operational presence in the United Kingdom, serving its European client base.
About Us
- Founded in 1993 by Arun Jain, Polaris Software Lab quickly established itself as a significant player in the financial technology sector. - Over two decades, Polaris built a strong reputation for deep domain expertise, delivering innovative and tailored IT solutions through specialized product development and bespoke services to leading global financial institutions. - Its acquisition by Virtusa in 2013 marked a new chapter, combining its financial services prowess with Virtusa's broader digital transformation capabilities.
Vision
A specific vision statement for the pre-acquisition entity is not widely documented. However, Polaris Software Lab's inherent vision was to be a leading global strategic partner for financial services firms, recognized for its specialized intellectual property, technological innovation, and ability to deliver high-impact business outcomes that addressed the complex challenges of the financial industry.
Mission
While a precise, public mission statement for Polaris Software Lab pre-acquisition is not readily available, its operational mission was centered on empowering financial institutions worldwide. This involved leveraging cutting-edge technology and deep industry knowledge to deliver transformative solutions that enhanced efficiency, mitigated risk, and fostered competitive advantage for its clients in the banking, financial services, and insurance sectors.
Culture
- Polaris Software Lab cultivated a culture that emphasized domain expertise, client-centricity, and innovation, particularly within the demanding financial technology space. - It fostered an environment of continuous learning and professional development, encouraging employees to deepen their financial industry knowledge alongside their technical skills. - The company promoted a global delivery model, encouraging collaboration across its various international offices and a commitment to delivering value and building long-term, trust-based relationships with its clients.
Specialties & Industries
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