Polaris Wins Oracle PartnerNetwork Specialized India ISV of the Year

Chennai, India - 14 March 2012

…In the Oracle Fusion Middleware Segment
…Award Announced at the Oracle PartnerNetwork India Partner Forum FY12

Polaris Financial Technology Ltd. (POLS.BO), a leading global Financial Technology company, was recognized as the FY12 Oracle PartnerNetwork (OPN) Specialized India ISV of the Year, in the Oracle Fusion Middleware segment at Oracle’s annual Executive Partner Forum 2012.

As part of the Oracle Excellence Awards, the OPN Specialized India Awards recognize Specialized partners in Oracle PartnerNetwork who have demonstrated excellence in solution innovation and a track record in delivering outstanding customer value. This award has recognized the growth and influence of Polaris in various areas of Oracle technology, backed by the expertise gained in different Oracle Fusion Middleware products such as Oracle WebLogic Server, Oracle Golden Gate, Oracle Tuxedo, Oracle SOA Suite and Oracle Coherence.

Speaking on the occasion, K Srinivasan, EVP & Head, Global Alliances, Polaris Financial Technology Ltd., said, “We are pleased to receive the OPN Specialized India’s ISV of the Year Award in the Oracle Fusion Middleware segment. This award is a testimony to our strong relationship with Oracle, and we look forward to building on our success by consistently delivering the highest quality of service to customers in the Financial Technology space.”

Chintamani Thorat, Director – Channels, Oracle Fusion Middleware, Oracle India, said, “Congratulations to Polaris Financial Technology Ltd.. Polaris has demonstrated tangible success with Oracle's complete, open and integrated products and solutions. Bringing innovation and excellence, they have delivered to our customers winning, proven solutions that solve their most critical business challenges. We thank the company for their commitment and wish them greater success in the year ahead.”

Polaris, with its state-of-the-art solutions for Core Banking, Corporate Banking, Wealth & Asset Management and Insurance, partners with 9 of the top 10 global banks and 7 of the top 10 global insurance companies. Polaris is organized into 15 Business Solution Centers (BSCs) across the country, each housing expertise in one specialized domain area. Polaris has Regional Payment Hub deployment supporting 45+ countries, Global Trade Processing platform across 60 countries and a Corporate Banking Portal across 120+ countries that processes $3 trillion worth transactions per day.

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