Polaris Launches Intellect FABX on iPad at Harvard Club of New York City

NEW YORK and CHENNAI, India, April 20, 2012 /PRNewswire/ --

• Higher Efficiency Enabler for Intelligent Client Interactions at Any Location, be it the Workplace or Restaurants
• Financial Advisor Workstation with a Single Point Interface which Increases Relationship Manager Productivity by up to 30%

Polaris Financial Technology Ltd. (POLS.BO), a leading global Financial Technology Company, today announced the launch of Intellect^[TM] FABX (Financial Advisor Business eXchange) on the iPad, the most comprehensive financial advisor workstation available on the iPad. Intellect FABX's customer engagement solution will dramatically change the way financial advisors engage with clients in result-oriented conversations. The unique solution empowers the advisor with a single point interface offering a comprehensive 360-degree view of the client, to manage rising core system complexities thereby increasing productivity by up to 30%.

Intellect FABX was launched during an event at the Harvard Club of New York City as part of Polaris' FT (Financial Technology) Innovation Series. The Polaris FT Innovation Series is an initiative spearheaded by the FT Research team at Polaris which aims to drive innovation across the organization and establish partnerships in academia to address critical business challenges and generate customer value and is therefore fundamental to Polaris' FT leadership.

The launch event was followed by a panel discussion on "Technological Challenges in Wealth Management" which was attended by senior leaders from Morgan Stanley, JPMC, Citi CPB and Polaris.

Intellect FABX is a productivity enhancer that achieves Advisor Desktop Aggregation by seamlessly orchestrating data from multiple sources and provides on-demand intelligence about clients across multiple channels including mobile devices. It  ensures consistent application experience on desktop, laptop and iPad, allows greater focus on serving clients rather than spending valuable time on operational activities and its scalable architecture enables faster launch and reduced time to market of new widgets.

Arun Jain, Chairman & CEO, Polaris Financial Technology Ltd. said, "The Financial world is moving from Transactions to Conversations. The Financial Advisors therefore need to be enabled with not just comprehensive views of their customer, but a Superior interaction layer and Analytics that can help them take Smart decisions, quickly. With classic 'design thinking' in action, FABX on iPad is the Solution for Customer-Centricity. This helps Relationship Managers to very quickly move from RM's to Expert RM's to Client Partners."

For more info contact: Dwaipayan Deb (+91-99625-36442; dwaipayan.d@polarisFT.com)