Trivandrum, India and Warsaw, Poland -- (SBWIRE) -- 11/11/2009 -- SunTec Business Solutions, the leading provider of Relationship-based Pricing (RBP) and Centralized Billing solutions and Sygnity, a leading supplier of IT solutions in Poland have teamed up to deliver RBP and centralized billing solutions to banking and financial intuitions in Poland.

"The integrated offering from SunTec and Sygnity furthers our commitment to ensure that our customers achieve greater efficiencies and drive better business results. Partnering with SunTec will help us strengthen our leadership position in the Polish market with value-added offerings", Said, Jacek Kujawa, VP, Sygnity.

"Efforts are underway to establish a Center of Excellence for RBP and Centralized billing solutions with a dedicated team of consultants. We will also cooperate on many facets of marketing the combined solution, including communications, cross training and sales-enablement programs", he added.

SunTec and Sygnity will provide readymade solutions for banks and financial institutions that can be easily deployed and will efficiently integrate with the banks’ existing IT framework. The solution will enable flexible pricing, personalization of services and enhanced operational efficiency while allowing banks to introduce innovative product bundles, packages and pricing plans.

“Sygnity has been consistently demonstrating excellence while being closely aligned with core-banking transformation projects for major banks in Poland,” said Nanda Kumar, CEO, SunTec. “This partnership is a testament to our collaborative relationship and an important part of SunTec’s strategy to expand our ecosystem, in order to drive continued customer success. Polish banks will now be able to leverage best consulting talent, domain expertise and best practices of the industry, to deliver unique business value”

About Sygnity
Sygnity is a leading provider of IT Solutions in Poland. Sygnity provides a full range of services from consulting through implementation, to outsourcing of IT projects for large and medium-sized businesses with the most important sectors of the economy and public administration institutions.

The company presently employs over 2,000 staff, including experts with extensive knowledge of IT and industry specialists with experience, who follow and analyze the development of key sectors of the Polish economy and trends in world markets.

About SunTec
SunTec is a leading provider of Relationship-based Pricing and centralized billing solutions for Banking, Financial Services & Insurance (BFSI), convergent transaction pricing and billing solutions for Communication, Media & Entertainment (CME) and advanced meter-data management and billing solutions for Utilities industries.

We conceptualized and created our core pricing and billing platform, horizontal in nature, flexible enough to address pricing and billing requirements of any transaction based vertical. Our product offerings, the TBMS-F suite for BFSI, the TBMS-T suite for CME, and the TBMS-U for Utilities verticals provide comprehensive solutions to our customers for measuring and monitoring transaction value, enabling tighter control on profitability. We leverage our extensive domain experience to successfully define, design and deliver cost-effective solutions for our clients across the globe.

SunTec is a SEI CMM Level 5 certified company and its client list includes ICICI Bank (BSE NSE: ICICI; NYSE: IBN), HSBC (LSE: HSBA; NYSE: HBC), ING Bank (NYSE: ING) and Lloyds TSB (LSE: LLOY) in the BFSI vertical, and Comcast (NASDAQ: CMCSA), Cable One, Batelco, BSNL and HFCL in the CME vertical. For more details, please visit http://www.suntecgroup.com.