Published On: 2013-10-25

London – October 24 2013– Tech Mahindra Ltd. a specialist provider of connected solutions to the connected world and an enabler for future digital enterprises, today announced that its Managed Data Services (MDS) team has won the A-team Data Management Summit 2013 award for Data Management Project of the year. The implementation project saw the roll-out of the fully managed data management platform; Tech Mahindra MDS, to its first customer. The winners were announced at A-Team’s Data Management Summit which was recently held in London.
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Tech Mahindra MDS offers a proven offshore facility, established connections to all the major data vendors, fully operational capability and a blue-chip reference site. MDS is an end-to-end managed service provided on a Business Process as a Service (BPaaS) model.  Managed Data Service is a unique offering in the Reference Data Management space in that it spans data agnostic sourcing from multiple data providers to data messaging, data validation, exception management and Golden Copy creation.

Jonathan Clark, Head – Financial Services, Tech Mahindra said “We are delighted to be named by the A-Team DMS Data Management Awards as winner of the Data Management Project of the year.This is a great accolade and gives external recognition and validation to all the hard work our MDS team has been putting in to the project. Additionally, this award pays testimony to the success of Tech Mahindra’s business-focused, platform strategy, with MDS being the first in a planned cycle of innovative solution releases.”

Hosted by the publishers of Reference Data Review and organizers of the Data Management Summit conferences, the A-Team DMS Data Management Awards have been designed to acknowledge excellence in data management in the capital markets segment. The Tech Mahindra customer is a tier 1 global investment bank, asset/wealth manager and fund services organisation and will reduce business risk, ensure on-going compliance and achieve operational savings in the region of 35% from the project. Tech Mahindra has been awarded a 5 year contract to provide this service.

About Tech Mahindra Tech Mahindra represents the connected world, offering innovative and customer-centric information technology services and solutions,
enabling Enterprises, Associates and the Society to Rise™. We are a USD 2.7
billion company with 83,000 professionals across 49 countries, helping over
560 global customers including Fortune 500 companies. Our Consulting, Enterprise and Telecom solutions, platforms and reusable assets connect across a number of technologies to derive tangible business value. We are part of the USD 16.2 billion Mahindra Group that employs more than 155,000 people in over 100 countries. The Group operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, after-market, information technology and vacation ownership.