Polaris Software Lab Ltd

23 results about this entity

Period: 13 Apr 2006 - 25 Oct 2024

Apply Cancel
Polaris scoops Indian Cooperative core banking contract

Polaris scoops Indian Cooperative core banking contract

Polaris Software unit Laser Soft has bagged a contract with Andhra Pradesh State Cooperative Bank (APCOB) to implement a core banking system across 569 branches.

Polaris to buy Laser Soft Infosystems

Polaris to buy Laser Soft Infosystems

India's Polaris Software Lab has agreed to buy banking software firm Laser Soft Infosystems in an all cash deal worth around Rs52 crores ($11 million).

Temenos, Polaris, and Online Resources lead Finextra50 higher

Temenos, Polaris, and Online Resources lead Finextra50 higher

Steady financial results for Online Resources and impressive year-on-year growth for Polaris Software Labs saw these two companies post strong gains on the Finextra50 Financial Technology Index last week. The index closed up 1% to 66.24. Lender Processing Services led the fallers, dropping 14.2% after being linked to a US Department of Justice investigation.

Acquisition news drives up Polaris Software and GL Trade

Acquisition news drives up Polaris Software and GL Trade

M&A activity again helped the Finextra50 Financial Technology Index close higher last week, as it ended Friday up 0.7% to 82.36. Polaris Software and GL Trade led the gainers after the Indian software company outlined acquisition plans following on from strong results and the French dealing systems vendor announced an acquisition offer from SunGard. Meanwhile, poor quarterly results for Online Resources and Total Systems Services saw them lead the index's few fallers.

Cognizant falls on ratings cut, while S1 and Polaris rise

Cognizant falls on ratings cut, while S1 and Polaris rise

The Finextra50 Financial Technology Index fell 1.5% last week to finish at 79.71, again a record low since the index was first benchmarked in May 2007.

Finextra50 hits all-time low

Finextra50 hits all-time low

Despite big gains for Bravura, i-Flex and Computershare, the Finextra50 Financial Technology Index fell 3.75% to 81.62 last week, as negative sentiment in the US market dragged down valuations of some of the index's largest constituents.

Strong gains offset first week fall for Thomson Reuters

Strong gains offset first week fall for Thomson Reuters

The Finextra50 Financial Technology Index rose last week despite the newly-merged Thomson Reuters - now the index's largest constituent - sliding in its first week of trading. Fiserv, Cognizant, Factset and Indian fintech stocks all performed well to help the index close Friday up 3.7% to 86.67.

Chordiant battered by gloomy outlook; S1 rallies on Q4 profit

Chordiant battered by gloomy outlook; S1 rallies on Q4 profit

Shares in Chordiant Software continued to fall last week on the back of an earlier outlook statement which warned of weakening demand for its technology from banks in North America. Meanwhile shares in S1 Corporation surged after the Atlanta-based vendor posted a fourth quarter profit, making it the top performer in the Finextra50 index.

Finextra50 bounces back 2.5% led by Vasco, Tsys and Temenos

Finextra50 bounces back 2.5% led by Vasco, Tsys and Temenos

The Finextra50 Financial Technology Index closed last week higher at 84.06, and despite the decline in Europe's markets last week, it was the index's Indian fintech stocks that took the biggest beating, led by i-Flex, which fell 18.41%

Cognizant and Reuters drag Finextra50 down by 6.9%

Cognizant and Reuters drag Finextra50 down by 6.9%

The Finextra50 Financial Technology Index ended last week down at 96.2. Six months after the creation of the index we have recalibrated the constituent companies, with four firms being replaced by new entrants. One of these, Bravura, joined Broadridge and Pegasystems among the few companies to buck the downward trend last week and see a significant rise in share price.

Polaris Software to open Belfast technology centre

Polaris Software to open Belfast technology centre

Indian financial technology firm Polaris Software Lab is setting up a software development centre in Belfast which will employ 160 staff and provide near-shore IT services to banks in Europe.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept