WESTBOROUGH, Mass. -- (Business Wire)
VirtusaPolaris, the market-facing brand of Virtusa Corporation and
Polaris Consulting & Services, Ltd., and a leading worldwide provider of
information technology (IT) consulting and outsourcing services, today
announced that both Virtusa Corporation and Polaris Consulting &
Services have been recognized by IDC Financial Insights in the 2016
FinTech Rankings, with Virtusa Corporation ranked #52 and Polaris
Consulting & Services ranked #51. The annual IDC Financial Insights
FinTech Rankings is based on 2015 calendar year revenues attributed to
financial institutions.
The IDC Financial Insights FinTech Rankings categorize and evaluate the
top global providers of financial technology based on calendar year
revenues from financial institutions for hardware, software and/or
services. The annual IDC Financial Insights FinTech Rankings has become
an important measure of the health and direction of technology in the
industry and the emergence of innovative solutions from new players.
“Leadership in the evolving banking and financial services industry
requires a commitment to innovation and digital transformation,” said
Jitin Goyal, president - Banking & Financial Services, VirtusaPolaris &
CEO, Polaris Consulting & Services, Ltd. “We are dedicated to providing
our clients with the technologies they need to be at the forefront of
innovation, increase productivity and provide their customers with
exceptional services, while also realizing new cost efficiencies and
synergies.”
To compete successfully in this environment of digital disruption,
financial services firms need to proactively harness and execute on a
customer-centric Digital strategy that will enable them to provide omni
channel high touch service to their customers. Combining its extensive
experience of over 25 years in the banking and financial services
industry with proven innovation and execution capabilities,
VirtusaPolaris has been helping its financial services clients implement
digital technologies to transform their businesses, expand their
addressable market and increase revenues.
“Being positioned on the IDC Financial Insights FinTech Rankings
demonstrates a fintech company’s commitment to the financial services
industry and the success achieved at their financial institution
clients,” said Karen Massey, senior analyst at IDC Financial Insights.
“The IDC Financial Insights FinTech Rankings, now in its 13th
year, is the global industry standard who’s who of financial services
technology providers, and we congratulate the 2016 winners.”
On March 3, 2016, Virtusa Corporation acquired a majority interest in
Polaris Consulting & Services Limited. VirtusaPolaris, our new
market-facing brand, represents the combined strengths of Virtusa and
Polaris, including our strong software engineering heritage, deep domain
expertise and focus on applying innovation to solving critical core
business issues for clients.
To see the final rankings, please see the special report: http://www.idc.com/download/finalrankings2016.pdf.
For more information on VirtusaPolaris' solutions for banking and
financial services organizations, please visit http://www.virtusapolaris.com/industries/banking-and-financial-services/perspective/.
About VirtusaPolaris
VirtusaPolaris, the market-facing brand reflecting the combined
strengths of Virtusa Corporation and Polaris Consulting & Services, Ltd.
is a global provider of information technology (IT) consulting and
outsourcing services that accelerate business outcomes for Global 2000
companies and leading software vendors in banking and financial
services, insurance, healthcare, telecommunications, technology, media
and entertainment.
VirtusaPolaris’ solutions address the CXOs’ dual challenge of growing
revenues while improving IT cost efficiencies. VirtusaPolaris’ digital
services leverage innovative new technologies to reimagine the customer
experience, increasing retention and creating lasting value.
VirtusaPolaris’ preemptive outsourcing solutions help clients reduce
risk and improve IT operations.
VirtusaPolaris delivers services across the IT lifecycle, including
consulting, solution design, technology selection, implementation,
testing and maintenance & support, including infrastructure support.
Inheriting a strong heritage in software engineering, VirtusaPolaris is
highly qualified to both develop and maintain software, using a proven
platforming methodology and advanced Agile and Accelerated Solution
Design techniques to reliably produce results on time and within budget.
Holding a record of success across industries and unparalleled domain
expertise, VirtusaPolaris understands clients’ business challenges best
and uses that to deliver distinctive, differentiated and innovative
application of technology to solve those problems. Examples of large
business transformations completed include the world’s largest P&C
claims modernization program, one of the largest corporate customer
portals for a premier global bank, an order to cash implementation for a
multinational telecommunications provider, and digital transformations
for media and banking companies.
Virtusa Corporation is headquartered in Massachusetts, and together with
Polaris, has 50 offices across North America, Europe and Asia.
Polaris Consulting & Services is a subsidiary of Virtusa Corporation.
Copyright © 2016 Virtusa
Corporation. All Rights Reserved.
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Contacts:
Greenough
Amy Legere, 617-275-6517
alegere@greenough.biz
Source: Virtusa Corporation
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