Polaris - Intellect suite; Intellect Core, OrbiOne: BankWare; BankNow
Overview:
Headquartered in India, Polaris has operations in the United States, United Kingdom, Germany, Switzerland, Ireland, Singapore, Australia, UAE, Japan and Hong Kong.
Polaris provides global and contemporary financial solutions by partnering with other industry leading technology partners like Compaq, IBM, BEA, Sun Microsystems, Sybase, BaaN, Sherwood International, Siebel eBusiness, Deloitte Consulting, iPlanet, Oracle Corporation and Top Tier software.
Intellect Suite is the global version of Polaris' successful OrbiOne suite of banking products. For 18 months, dedicated teams of technology and domain experts at Polaris worked on transforming the OrbiOne framework to a holistic suite, further enhancing its features and positioning it for global customers (released 2004).
Product/s: Intellect Suite, Retail Banking, Wholesale Banking
Core Banking Platform - Retail 
Core Banking Platform (CBP) provides basic banking functionality for transactionary (cash) and deposit accounts. It handles opening of accounts, transacting and providing service to existing customers, managing the bank's risks, keeping the books of the bank and reporting to various regulatory bodies.
Core Banking Platform is meant for Corporate Banks, Retail Banks and Private Banks. It is easily deployable, and has a scalable architecture using modern technology.
Core Banking Platform supports several types of transactionary and deposit accounts:
Transactionary accounts
Current Accounts
Savings Accounts
Overdraft Accounts
Employee's Reimbursement Accounts for corporations
Demat Accounts
Deposit Accounts
Unitized Deposits
Fixed Deposits (Certificate of Deposits)
Un-Fixed Deposits (Overdraft facility against a Fixed Deposit)
Recurring Deposits
Core Banking Platform also provides the framework for opening other accounts such as Margin Lending Account, Brokerage Account, Mutual Fund Account, Loan Account etc.
Optionally, the overdraft account can be linked to a securities administration module, to offer Margin Lending functionality to customers. In addition, Core Banking Platform is seamlessly connected to Loans Management Platform, to offer loans and leasing functionality to corporate and retail customers.
Core Banking Platform provides a comprehensive set of transactions and services, depending upon the nature of the account. These services are offered to customers through multiple delivery channels: Internet, Wireless, Branches, Call Centers and ATMs. All Back-Office functions are also supported.
Clients:
(IBS 2007 primarily universal banking | Intellect Core | Total Customers: 11 / New Signings in Yr: 4)
(IBS 2007 lending | Intellect Lending | Total Customers: 13 / New Signings in Yr: 3)
(IBS 2006 / Intellect Wealth Total Customers 6 / Live Sites 6 / Intellect Lending Total Customers 10 / Live Sites 10 )
(IBS 2005 / Intellect Suite Total Customers 11 / Live Sites 10)
(IBS 2004 / Intellect Suite Total Customers 7 / Live Sites 8)
(IBS 2003 / OrbiOne Core Total Customers 8 / Live Sites 8)
ABN AMRO Bank
Allianz
American International Group - AIG
Australia's First Bank
Citigroup
Commerzbank
Commercial Bank of Kuwait
Deutsche Leasing
Reuters
Saudi American Bank
Shinsei Bank
Westpac Bank
UBS
Contact:
Polaris Software Lab Ltd.,
Polaris House,
244 Anna salai,
Chennai - 600 006
Phone: + 91-44-2852 4154 Extn: 5331
Fax: + 91-44-28523280
Website URL: www.polaris.co.in
eMail: info@polaris.co.in
