newsroom

Press Release

November 29, 2016

VirtusaPolaris Recognized in FinTech Forward Report by American Banker and BAI

WESTBOROUGH, Mass., (November 29, 2016)  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 American Banker and BAI as members of the 2016 FinTech Forward 100 list of the leading technology providers in the world. Virtusa Corporation was ranked at 49 and Polaris Consulting & Services were positioned at 47. The FinTech Forward 100 list is based on 2015 calendar year revenues attributed to financial institutions. On March 3, 2016 Virtusa Corporation acquired a majority interest in Polaris Consulting & Services Limited.

As technological advances continue to reshape customer experiences and operations of the banking and financial services industry, banks and financial institutions are committing to innovation and digital transformation, said Samir Dhir, president - Banking & Financial Services, VirtusaPolaris. This recognition reflects our continued dedication to providing our global banking clients and their customers with compelling digital experiences, while also realizing new cost efficiencies and synergies.

With over 25 years of experience serving top financial companies, VirtusaPolaris has delivered successful solutions that have enabled several global banks, top brokerage firms, and card and payment providers to deliver personalized service to their customers. Through its industry-leading business consulting capabilities, cutting edge solutions, and transformational technology expertise, VirtusaPolaris works with banks and financial services firms to leverage digital disruption to reinvent and transform businesses, expand their addressable market and increase revenues. With the recent set up of a world class FinTech Lab, VirtusaPolaris is enabling banks to accelerate at business innovation as well.

Financial services companies are increasingly turning to vendors to augment legacy technology, better understand data and provide customers with products that hold up across the digital universe, said Robert Barba, technology editor of American Banker.The companies we recognize as members of the FinTech Forward rankings are giving banks the tools they need to handle the challenges and opportunities they face.

FinTech Forward, now in its 13th year, provides a comprehensive and forward-looking view of the strategic imperatives driving bank technology, both from the vendor and the user perspectives. The program draws on the two organizations deep industry expertise, market-leading proprietary research, and strength in live events to produce actionable content for decision makers.

BAI's Chief Marketing Officer and Companies to Watch Judge, Holly Hughes, said, This year's Companies to Watch are driving positive change within the industry. These organizations provide financial services leaders with powerful tools to better serve their customers.

To see the final FinTech Forward company rankings, please visit: FinTechForward.com.For more information on VirtusaPolaris' solutions for banking and financial services organizations, please visit https://www.virtusa.com/industry/bfs/.

 

About Virtusa

Virtusa Corporation is a global provider of digital engineering and technology services and solutions for Forbes Global 2000 companies in the financial services, healthcare, communications, media, entertainment, travel, manufacturing, and technology industries worldwide. At Virtusa, digital engineering is at the heart of everything we do. We are 30,000 builders, makers, and doers that partner with customers to reimagine enterprises and creatively build solutions to the most pressing business challenges that move them to the forefront of their industries.

Virtusa's unique Engineering First approach means never presenting an idea we can't execute. With deep industry expertise and empowered agile teams made up of world-class talent, we think about execution early in the process, because the earlier you think about execution the earlier an idea can have an impact. Solving from the inside out enables businesses to respond swiftly to changing needs with improved quality, lower costs, and lasting results.

Virtusa is a registered trademark of Virtusa Corporation. All other company and brand names may be trademarks or service marks of their respective holders.

Media Contact:

Matt Flannery
Edelman
(203) 856-2006
matt.flannery@edelman.com

Contact:
Ron Favali
Conversion Marketing
ron@conversionam.com
727-512-4490



 

About Virtusa

Virtusa Corporation is a global provider of digital engineering and technology services and solutions for Forbes Global 2000 companies in the financial services, healthcare, communications, media, entertainment, travel, manufacturing, and technology industries worldwide. At Virtusa, digital engineering is at the heart of everything we do. We are 30,000 builders, makers, and doers that partner with customers to reimagine enterprises and creatively build solutions to the most pressing business challenges that move them to the forefront of their industries.

Virtusa's unique Engineering First approach means never presenting an idea we can't execute. With deep industry expertise and empowered agile teams made up of world-class talent, we think about execution early in the process, because the earlier you think about execution the earlier an idea can have an impact. Solving from the inside out enables businesses to respond swiftly to changing needs with improved quality, lower costs, and lasting results.

Virtusa is a registered trademark of Virtusa Corporation. All other company and brand names may be trademarks or service marks of their respective holders.

Media Contact:

Matt Flannery
Edelman
(203) 856-2006
matt.flannery@edelman.com

Contact:
Ron Favali
Conversion Marketing
ron@conversionam.com
727-512-4490



Related content