Mahindra Satyam wins EMC 2012 Partner Innovation Award

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

Mahindra Satyam has won EMC 2012 Partner Innovation Award for its outstanding Industry Solution for Financial Services - ProFinA. Mahindra Satyam was presented this award at the EMC Partner Conference at Momentum Berlin on October 31, 2011. ProFinA is Mahindra Satyam's innovative solution to manage the multitude of complexities involved in Project Finance Approvals.

"EMC is pleased to recognize Mahindra Satyam for its innovation and excellence in developing an end-to-end solution based on EMC Documentum xCP. The ProFinA (Project Finance Approval) solution combines case management and capture technologies from EMC with Mahindra Satyam's domain expertise in banking to deliver a solution that can reduce

turnaround times for approval processes by 60%," said Chris McLaughlin, Vice President, Worldwide Channel Sales & Alliances, Information Intelligence Group, EMC.

"Mahindra Satyam has developed a new solution for managing the project assessment approval, disbursement and monitoring process of large Infrastructure projects which are on the rise globally, particularly in ASEAN, APAC markets, including India. We found EMC Documentum xCP to be a suitable product to develop ProFinA, to cater to needs of a complex function which is intense on document management, workflow, case management, and communication and reporting. Our expertise in the Banking & Financial Services domain combined with our technology expertise in leveraging the functionalities of Documentum xCP has resulted in a unique service offering. We thank EMC for this award under the category "Most Innovative Solution in Financial Services segment." said Sriram Krishnan, Senior Vice President, Content & Process Management, Mahindra Satyam.


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