Chennai (India), September 24, 2014:
Polaris Financial Technology Limited’s Consumer Banking Division announced today the launch of its Intellect Digital Branch solution. The World’s first App based integrated Sales, Services & Teller platform for branches will enable banks simplify banking with faster execution and effective engagement at a lower cost.
Today, customers are increasingly short on time and are constantly looking for convenience and efficiency in their interactions with the bank. They are also relying more on digital channels such as mobile and the Internet for product research, transactions and other banking activities today. It is vital for Banks to provide easy, seamless channel experience to these new age customers to drive higher levels of engagement and revenue growth. Designed in FT 8012, the world’s first Financial Technology design center, Intellect Digital Branch can enable the digital transition of any bank with its comprehensive suite of apps. In fact, just 38 key apps of the Digital Branch solution are sufficient to fully support any profitable retail branch for the bank.
Commenting on the launch of Intellect Digital Branch, Jaideep Billa, Chief Executive Officer, Global Consumer Banking Division, Polaris Financial Technology said, “The primary challenge facing banks today is to simplify banking and become the principal banker of the customer in the maze of multiple relationships held with different banks for various products. Powered by features such as 360-degree view of the client, service case resolution and role-based app Canvas, Digital Branch allows banks to capture the most out of every interaction, drive same experience across all touch points and simplify banking for their customers.”
Apart from enabling banks to drive higher customer engagement, Intellect Digital Branch also enhances frontline operational efficiency. Its key strength lies in its flexibility to offer role-based efficiency with a complete range of branch banking Apps for branch staff: from Leads to Campaign dashboard, Quick Customer Opening, Account Services, Cash transactions, to Funds transfer, and so on. It uses pre-built technology building blocks, ie apps, and can therefore readily accommodate new functionality requirements by adding on apps as required.
How Digital Branch revolutionizes customer experience
Based on state-of-the-art patented (applied for) Canvas Technology that enables CORA (Configure Once Run Anywhere) framework, Digital Branch apps can be configured once to appear on different devices such as Desktop, Mobiles and Tablets for increased customer centricity maximizing the IT RoI for the bank.
About Polaris Financial Technology Ltd
Polaris Financial Technology Limited is a global leader in Financial Technology for Banking, Insurance and other Financial Services. With over 25 years of expertise in building a comprehensive portfolio of products, smart legacy modernization services and consulting, Polaris owns the largest set of Intellectual Properties for a comprehensive product suite, Intellect® Global Universal Banking (GUB) M180. Intellect® is the world's first pure play Service Oriented Architecture (SOA) based application suite for Retail, Corporate, Investment banking and Insurance. Its acclaimed products, solutions and services enable unprecedented operational productivity for the global Financial Services Industry by Building, Maintaining, Expanding and Extending highly complex and Integrated Financial Technology Infrastructure.
The company has a global presence through its 40 relationship offices across 30 countries, 6 international development centers and 8 fully owned Business Solution centers. Polaris has a talent strength of over 11,500 solution architects, domain and technology experts. For more information, please visit http://www.polarisft.com/