VirtusaPolaris, the market-facing brand of Virtusa Corporation and Polaris Consulting and Services Ltd., and a worldwide provider of information technology (IT) consulting and outsourcing services, announced that both Virtusa Corporation and Polaris Consulting and 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 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 President, Banking and Financial Services, VirtusaPolaris, Samir Dhir.
“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,” he said.
“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 Technology Editor of American Banker, Robert Barba.
“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,” he said.