Hub Technology is an application design platform that enables quick solution delivery through configuration. As a result it offers out-of-the-box BFSI-specific features and a configuration capability comparable to none. Banking-specific solutions called ‘Hubs’ can be conceptualized, developed and deployed in a Unified environment by integrating with existing applications in the ecosystem and by offering better services and control over operations. Hub Technology comes with complete support for building applications through its open application management framework with a standard enterprise-wide data dictionary and intelligent configurable user interfaces.

It also has in-built comprehensive business rules, process workflows, message formats, customer communications and management reporting capabilities. Backing this is real-time transaction support for complete STP, E&I intelligence and Performance & Business Activity Monitoring. Pluggable business services around compliance, pricing, rates, interest, credit and risk scoring, signature management and credit limits management are bundled within the same platform.

It pioneers Polaris’ 6M Technology to enable multi-entity, multi-country, multi-lingual, multi-channel, multi-currency and multi-time zone operations. It also comes bundled with User Management and very rich entitlements framework to control access at a granular level – entity, function, record, column, currency, transaction amount, and so on.

Little wonder then that analysts from Forrester, Celent, Aite, Gartner, and Tower Group have overwhelmingly recognized and applauded the differentiating capability of Hub Technology-based solutions and clients such as Bank of Montreal were quick to acknowledge the business benefits delivered through quick implementations.

With a strong roadmap around Trade Finance, Supply Chain Finance, Payments and Receivables Services, Customer On-boarding, Loans Origination and Data Management, Hub Technology is all set to completely revolutionize the Banking technology environment.