Advertisment

HP joins hands with Polaris

author-image
CIOL Bureau
Updated On
New Update

NEW DELHI:HP India, a provider in IT services today announced that it has entered into agreement with Polaris Software Lab Limited , a provider in financial services, to jointly market and deliver a range of solutions covering software, services and system integration for businesses in India.

Advertisment

The two companies would explore new opportunities for strengthening and expanding offerings for customers in the Financial Services Industries (FSI) and software testing segments, said a press release.

The offerings will leverage products and solutions from both companies to enable customers to accelerate growth, mitigate risk, increase flexibility and lower costs. They would leverage the capability of the Polaris Intellect range of products to enable rapid changes to banking applications and automated core banking processes, with highly flexible and available HP infrastructure.

“Customers will benefit from the combined power of HP’s broad portfolio of enterprise technology offerings and Polaris’ rich expertise in the banking and financial services industries through our agreement," said Neelam Dhawan, managing director, HP India.

Advertisment

She added that together, HP and Polaris are both focused on enabling financial services organizations utilize IT as a strategic asset for better business outcomes.

As part of the agreement, HP would leverage Polaris’ suite of solutions comprising of Global Universal Banking (GUB) Intellect 10.0 and Insurance Intellect SEEC to customers while Polaris would leverage HP systems comprising of HP Integrity servers, HP BladeSystem servers and HP StorageWorks to deliver high performance and availability, the release added.

The alliance would also leverage HP’s Application Lifecycle Management (ALM) software portfolio and Polaris’s testing Capabilities. This would ensure applications function, perform, and are secure enough to meet the needs of the business.

“We are pleased to collaborate with HP who is a leader in the FSI and ALM space across the country,” said Arun Jain, chairman and managing director, Polaris.

He further said that their complementary expertise will result in considerable benefits for customers. This agreement is a milestone in collaboration and marks only the beginning of further endeavors.

tech-news