Polaris Launches Intellect CBX 3.0 at SIBOS

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September 26, 2011
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Polaris Launches Intellect CBX 3.0 at SIBOS

CHENNAI, India, September 26, 2011/PRNewswire/ --

    Polaris Software (POLS.BO), a leading Financial Technology Company,
announced the launch of Intellect[TM]Customer Business eXchange (CBX) 3.0 at
Sibos 2011 in Toronto.

    Intellect CBX 3.0 is a widget based, integrated, agile and informed
decision-making solution which provides superior multi channel customer
experience delivery. Designed for the Global Transaction Banking (GTB)
platform, the latest version of Intellect CBX 3.0 will provide banks with an
architecture that will enable them to add new products with ease. Its
frictionless ability to integrate with the back-end product processors would
allow banks to offer more products per customer.

    Work Canvases:

    Intellect CBX3.0 can deliver superior user experience and increased
productivity owing to its configurable dashboards in the form of role-based
'widgets' which correspond to business sub-verticals and encourage
contextualized and effective action, offering superior work canvases. Some
key features include:

   
    - Contextual Relevance: Helps knowing options before executing
      a transaction
    - Business Relevance: An intuitive front-end platform giving
      instant access to multi bank cash concentration, cash forecasting and
      real time consolidated view of accounts
    - Simplicity and Convenience: Helps schedule, modify a payment
      anytime with smart data entry fields

    Banking 3.0:

    Even today, financial institutions continue to grapple with the
challenge of progressive modernization. However, there is gradual
realisation that 'progressive modernization' cannot be addressed at one go
as it is a phenomenon of 'continuous migration'. The new era of Banking 3.0
focuses on superior customer experience through the use of customer-centric
innovative solutions to form a unique brand perception. To deal with these
phenomena, Banking 3.0 will have ease of Usage, Change, Integration with
Customer Systems, Integration with Banking Product processors, Implementing
Regulatory Policies and Risk Prevention and detection algorithms.

    Speaking at the launch, Mr. Arun Jain, Chairman & CEO, Polaris Software
Lab Ltd., said, "Our latest offering, Intellect CBX 3.0 is built on
unparalleled depth of domain knowledge, a strong belief in the advantages of
Service Oriented Architecture and demonstrated outcomes for the primary
purpose of expanding a bank's ability to generate more transaction and fee
based income. To provide a unique and superior banking experience, banks and
financial institutions can utilize CBX and provide customers with a single
entry into the complete suite of products and services. This secure and
robust framework will undeniably revolutionize the new era of Banking 3.0."

    For further info, contact:

    Dwaipayan Deb (+91-9962536442, dwaipayan.d@polarisft.com)

Source: Polaris Software Lab Ltd.

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