Chennai: CTG, a US-based services company, and Polaris Software Lab Ltd, have entered into an alliance to support banking, financial services, and insurance (BFSI) clients in the US and Europe.

This alliance will provide outsourcing services and testing solutions to BFSI institutions. An established governance committee will manage all engagements, with ongoing oversight by an executive committee made up of the leadership of both firms, a press release from Polaris said. Govind Singhal, executive director, Polaris said that by partnering with CTG, Polaris expands its presence in the US and European markets.