Polaris has announced acquisition of Indigo Tx Software Private Limited, a software as a service (SaaS) player. The company, in March 2010, had acquired 51 per cent equity shares of Chennai-based IndigoTx Software.
Indigo Tx has built a software platform providing single platform connectivity solutions to multiple exchanges and asset classes along with a host of support functions that aim to integrate end to end money management and trading activity on a single platform and bring down the costs of operations for mid size brokerages and wealth managers.
http://dealcurry.com/20111125-Polaris-Buys-Out-Financial-Technologies-Provider-Indigo-Tx-Software.htm
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