newsroom

Press Release

September 27, 2016

VirtusaPolaris Recognized in the 2016 IDC Financial Insights FinTech Rankings

WESTBOROUGH, Mass., (September 27, 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 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 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