On March 3, 2016, Virtusa Corporation acquired a majority interest in Polaris Consulting & Services Limited. VirtusaPolaris, our new market-facing brand, represents the combined strengths of Virtusa and Polaris, including our strong software engineering heritage, deep domain expertise and focus on applying innovation to solving critical core business issues for clients. VirtusaPolaris serves Global 2000 companies and leading software vendors in BFS, insurance, telecommunications, technology and media, information & education industries. Using a combination of business consulting, cutting edge technology capabilities, and best-of-breed domain and industry knowledge, VirtusaPolaris accelerates business outcomes for its clients. VirtusaPolaris helps its clients transform their business applications to enhance customer experience, improve operational efficiencies, and lower IT costs. VirtusaPolaris helps clients accelerate business outcomes by consolidating, rationalizing, and modernizing their core customer-facing processes into one or more core systems. VirtusaPolaris delivers strongly differentiated solutions to its clients, with a formidable reputation in global consumer banking, treasury, capital markets, and GRC segments within banking & financial services. VirtusaPolaris consistently executes large, business transformation programs, leveraging best of breed domain expertise, including the worldÕs largest P&C claims modernization program, one of the worldÕs largest banking portal for corporate customers, lead-to-cash transformation for a global telco, digital transformation programs for banks and media companies, among many others. With offices and development centers across North America, Europe, Middle East, India, Sri Lanka, South-east Asia, Japan and Australia & New Zealand, and a workforce of approximately 19,000, VirtusaPolaris is strongly placed to become the IT services partner of choice for global clients in the industries it serves.