Polaris inks pact with City Networks

Polaris Software Lab has entered into a strategic partnership with City Networks, a software and services developer for the treasury, securities and derivatives markets. Under the agreement, Polaris will provide product development and support services to City Networks.

Chennai-headquartered Polaris, the first external development partner for City Networks, will leverage its domain expertise and global delivery model to re-engineer City Network's Exceptions and Investigations product suite.

The partnership is in line with City Networks' global strategy of addressing increasing customer demand for enterprise-wide exceptions and investigations products.

Polaris Chairman and CEO Arun Jain said his company has successfully designed and developed enterprise platforms using emerging Microsoft technologies which would integrate seamlessly with the existing products of City Networks.

"Moving into a strategic relationship with City Networks has been possible because of our focus on developing a .NET Center of Excellence and domain expertise," Jain said.