Polaris opens Risk and Treasury solution center

 BANGALORE: Banking solutions provider Polaris Software Lab Limited, today announced the launch of its super specialty center for Risk and Treasury solutions in Mumbai. This center will provide technology modernization services in treasury departments of banks and MNCs, besides offering specialized products and components for trading, operations and liquidity management.

With implementation in the top eight banks/FIs last year, Polaris's Risk & Treasury solution center will also provide pre-fabricated solutions in Risk, Treasury and Liquidity domain for accelerated deployment for sell side and buy side organizations.

The Risk and Treasury segment is the fastest growing space in Europe and America. Polaris has built a product suite called The Intellect MM product that flexibility showcased through the customized screens for traders to trade, maintain their blotter, monitor positions/risk, see real time market analytics and even run transaction simulations - all on the same screen. In line with this, Polaris has deployed 500 consultants in the Risk & Treasury Business to provide consulting and solutions.

Speaking on the occasion, Arup Gupta, president and COO, Polaris Software Lab, said, "There is a huge potential for Risk & Treasury (R&T) solutions in the global market place. With the market just beginning to look at Investment banking as an offshorable commodity, this specialized offering will gain acceptance from not just the banks but from all Corporates too, thereby expanding our customer segment."

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