Syntel Joins Accenture's Global Alliance Partner Program for Property & Casualty Insurance Software

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TROY, Mich., June 10, 2014 (GLOBE NEWSWIRE) -- Syntel, Inc. (Nasdaq:SYNT), a global provider of digital transformation, information technology and knowledge process services to Global 2000 companies, today announced that it has become a member of Accenture's global alliance partner program to provide implementation and integration services for the Accenture Duck Creek software.

Under a new alliance partnership program recently launched by Accenture, Syntel will provide delivery services for the Accenture Duck Creek suite of products to property and casualty insurance carriers.

"Many insurers are looking to modernize their technology platforms in order to improve quality, expand their market reach, and operate more efficiently to maximize profitability," said Anil Jain, Syntel's Insurance Business Unit Head.

"Accenture Duck Creek provides a powerful, flexible solution that enables insurers to bring products to market faster, control costs and reduce complexity. We are proud to offer solutions around this platform for our clients," said Jain.

In order to be selected for Accenture's alliance partner program, Syntel was required to demonstrate its proficiency in delivering solutions for the insurance industry, as well as the Accenture Duck Creek skills necessary to execute large implementations.

"Accenture Duck Creek is working with services organizations like Syntel to expand delivery choices for our clients," said Michael A. Jackowski, global managing director of Accenture Duck Creek. "The synergies we have created with our alliance partners will enable insurers in all market tiers to implement modernized, integrated solutions more quickly."

Syntel's suite of services for the Accenture Duck Creek platform are part of the Company's full range of solutions for the insurance industry. To learn more, visit

About Syntel

Syntel (Nasdaq:SYNT) is a global provider of digital transformation, information technology and knowledge process services to Global 2000 companies. Syntel's mission is to create new opportunities for clients by harnessing our passion, talent and innovation. We combine technology expertise, industry knowledge and a global delivery model to drive business value creation. Syntel's "Customer for Life" philosophy drives our relentless focus to build long-term, collaborative client partnerships.

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Safe Harbor Provision

This news release includes forward-looking statements, including those with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2013, the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2014 or from other factors not currently anticipated.

CONTACT: North America/Europe: Jon Luebke, Syntel, 248/619-3503, Asia/Pacific: Sikta Samantaray, +91 9167512186,

Source:Syntel, Inc.