Mastek's Elixir Distribution Management Wins The XCelent Service Award 2013

MUMBAI, India, June 12, 2013 /PRNewswire/ --

Mastek, an IT solutions player with global operations providing new technology and IP-led enterprise solutions with a focus on Insurance and Government verticals worldwide, today announced that it has been awarded the XCelent Service Award 2013 in Celent's recently published report on "Asia-Pacific Insurance Distribution Management Systems"

Mastek's Elixir Distribution Management was recognized with "The XCelent Service Award 2013" as leading solution in "Depth of Services". Celent relies heavily upon qualitative indicators derived from client reference surveys to measure this dimension.

"We congratulate Mastek on its XCelent Award for depth of service.

Elixir Distribution Management is a focused distribution management solution with strong performance management features. Its modern technology, easy to use interface, seamless integration with rules engine, and built-in agent self-service portal make it a good candidate for investigation by insurers." commented Ms. Wenli Yuan, analyst with Celent's Asia Financial Services Group and author of the report.

"We are very pleased to receive the XCelent Award recognition and appreciate Celent's continued research and insight into the insurance market, which helps us better understand what insurers are looking for." said Vidyesh Khanolkar, Head-Government, Asia Pacific, Mastek Ltd.

"We have put a great deal of effort into our Elixir Distribution Management system and we are glad that our customers are highly satisfied with our offering. We see these awards as recognition of Mastek's ability to fulfill its customer's requirement by successfully listening and responding to their needs" added Mr.Khanolkar.

Elixir Distribution Management (EDM) has been specially designed to support requirements and meet the demands of today's carriers. EDM not only provides functional enrichment but is also ahead in technological aspects.

About Mastek:

Mastek is a publicly held (NSE: MASTEK; BSE: 523704) leading IT player with global operations providing enterprise solutions to government, insurance and financial services organizations worldwide. With principal offshore delivery facility based at Mumbai, India, Mastek operates across US, Europe, and APAC regions.

About Celent:

Celent is a leading industry analyst firm focused on the application of information technology in global financial services industry. Launched in November 2010 to acknowledge vendor excellence, Celent's XCelent Awards are designed to help financial institutions and technology providers stay abreast of industry trends.

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SOURCE Mastek Ltd.