The Chennai-based Polaris Software Labs is a software and IT solutions provider to several multinational clients in the BFSI (banking, financial services, insurance) vertical. Incorporated in 1993 as a private company, it went public in June 1996. The company caters to global clients through worldwide offices in US, Canada and also countries in Europe and Asia-Pacific. It has subsidiaries in UK, Singapore, Australia, Japan, Ireland, Switzerland, Germany and Canada. Optimus Outsourcing Company Ltd is a wholly owned subsidiary of Polaris. Optimus is a BPO service provider providing a complete spectrum of back office services in the banking and financial services sector. On account of increased IT spending by financial services companies and growth in demand of web services and offshore IT services, the investments of the company are set to grow. The company will leverage on its domain knowledge to add value to customers by advising them on the best practices and by pursuing a strategy of focus on key and specialized services.