Round Table session to benefit banks looking forward to achieve more customers and competitive differentiation

Trivandrum, Kerala -- (SBWIRE) -- 04/13/2011 -- K Nanda Kumar, President and CEO of SunTec, the leading provider of Relationship-based Pricing and Centralized billing solutions, will steer a panel discussion on customer-centric banking strategies at the Asian Banker Summit 2011. Slated for April 6-8 this year at Hong Kong, the Asian Banker Summit is the region's largest annual meeting of decision makers and senior professionals in the financial services industry.

The discussion, titled 'Customer-centric strategies: Ensuring success for financial institutions in the Transaction Banking arena', has been scheduled between 1500-1600 hrs HKT on April 7, at the JW Marriott Hong Kong. Industry leaders and experts of the banking vertical in the region will participate in the panel discussion along with Mr Nanda Kumar. The talks over the topic will be of particular interest to banks that are planning to adopt competitive strategies that enable them to differentiate, and attract and retain more customers, and at the same time, offer added value to their existing customer base.

"The Asian banking sector is undergoing rapid changes. Meeting the diverse ends of competitive differentiation, customer retention and profitability is becoming a challenge to banks of the region. SunTec assumes a pivotal role here by empowering the banks with customer-centric capabilities. Our association with top banks of the region is another reason for us to be part of this premier financial services forum, over the past several years," said Rajesh Narasimha, Senior Vice-President – Sales, SunTec. The Summit special April edition of The Asian Banker magazine will feature a thought leadership article by Rajesh titled, 'Who'll win the battle for customer acquisition and retention?'

The round table discussion, propelled by Mr Nanda Kumar will also focus on how innovative product strategies, service excellence and Relationship-based Pricing can help banks adopt a unique customer-centric framework, and address their global and regional customer needs successfully. Mr Nanda Kumar is a thought leader, who pioneered the concept of Relationship-based Pricing for banks, which has been endorsed by leading analysts and banks across the globe. Recently, The Asian Banker had published a video interview with him, titled 'Pricing must be based on overall customer value.'

About SunTec
SunTec (http://www.suntecgroup.com) is a leading provider of Relationship-based Pricing and Centralized Billing solutions for Banking, Financial Services & Insurance (BFSI), and convergent charging and billing solutions for Communication, Media & Entertainment (CME) and other industries. Our products and solutions provide a comprehensive platform for measuring and monitoring end-to-end transaction value and profitability at various levels. Our pricing and billing platform for the BFSI vertical, the TBMS-F suite, has been deployed for global banks, such as DBS, ICICI, HSBC, ING, Lloyds Banking Group and Axis Bank.

About The Asian Banker Summit
The Asian Banker Summit is the region's largest annual meeting of decision makers and senior professionals in the financial services industry. Over the last 12 years, the meet has matured into Asia's foremost platform for regional and global thought leaders and industry specialists to share their views on critical banking and regulatory issues. The discussions at this year's summit will focus on current global themes that are re-shaping the competitive landscape for financial institutions in Asia. For more details visit http://www.asianbankerforums.com/summit2011/

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The companies are cooperating on creating a Center Of Excellence (COE) for RBP and collaborating on joint go-to-market activities and alignment of strategic direction in the region

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.

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UAE bank signs up to SunTec’s Relationship-based Pricing and Centralized Billing; Phase-I of project to focus on ‘Customer Benefits Program’ With a leading Middle East Port Operator entering its client list, SunTec forays into Port Operations Billing -- underlining the solution’s multi-industry compatibility

Trivandrum, Kerala -- (SBWIRE) -- 09/16/2009 -- SunTec, the leading provider of Relationship-based Pricing and Centralized Billing solutions, has announced two strategic wins in the Middle East region, one of which has helped the company to gain a foothold in Port Operations Billing – its fifth operating domain.

One of the largest banks in UAE has invested in SunTec's Relationship-based and Centralized Billing solution, while a leading Port Operator of the region has signed up to SunTec to automate and centralize the pricing and billing operations for their vessels as well as cargo operations, helping them to offer a convergent bill to customers and effectively manage multiple contracts.

The solution will be implemented in multiple phases at the leading bank, and by the end of phase-I in December 2009 their 'Customer Benefits Program' will go live for retail banking.

The bank will thus be among the first few in UAE offering comprehensive customer benefits programs. SunTec's solution being the pivot, the bank will be able to scale up their benefits programs to customer with ease. Furthermore, in future, the bank will leverage SunTec's solution for streamlining and automating their pricing and billing functions across enterprise.

The solution offers pertinent pricing innovations for the leading port operator also. The complex multi-national operations of modern-day ports call for streamlined Relationship-based Pricing. New models like cost-based billing have become more relevant, as containerised trade is gaining prominence across the globe. The situation demands differential pricing to be offered to customers based on the value they bring in.

"With these wins, SunTec has not only gained considerable footprint in the Middle East region, but also established its multi-industry compatibility," said Nanda Kumar, CEO of SunTec. "We conceptualized and created our core pricing and billing platform, horizontal in nature and flexible enough to address the pricing and billing requirements of any transaction-based vertical, all the while, helping our customers to imbibe best practices from multiple industries."

http://www.suntecgroup.com
Sanju Pillai +914713078129 sanjup@suntecgroup.com Anupa Vasudevan +914713078137 anupav@suntecgroup.com

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SunTec exhibits@ SIBOS2009, Booth# 3C24 from Sep 14-18, 2009 in Hong Kong SunTec's think tank will explain how banks can imbibe best practices from various verticals, and offer benefits to customers based on profitability

Trivandrum, Kerala -- (SBWIRE) -- 08/26/2009 -- Two industry-oriented sessions will be the highlights of SunTec's campaign at SIBOS 2009, the leading provider of Relationship-based Pricing and Centralized Billing solutions announced today. SIBOS is the world's premier financial services event.

The session, 'Derive Profitability – Bringing in Best Practices in Pricing from Across Industries', by Sathish Chandran, SunTec's Application Management and Consulting Head, will be conducted at 11.30 am on Tuesday, September 15, at 'Open Theatre 1'. Through this, Sathish will explain why banks need to adopt the best practices from across industries to build their customer relations, and thus increase profitability.

SunTec CEO, K Nanda Kumar will showcase how Relationship-based Pricing can help banks turn around crisis into opportunity by enabling personalized pricing, fixing revenue leakage points and by offering benefits to customers based on the value they bring in, in the session 'Sprouting Opportunities amidst Global Turmoil through Optimal Customer-Centric Pricing' at 4.15 pm on Wednesday, September 16, 2009, at 'Open Theatre 1'.

"Banks are now looking at non-conventional ways to increase profitability. Imbibing best practices from multiple industries and Relationship-based Pricing strategies can help them sail through the crisis by enabling them to offer unique benefits to customers based on profitability," said K Nanda Kumar.

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), advanced meter-data management and billing solutions for Utilities, centralized & personalized pricing and billing solutions for Fleet Management & Operational Leasing, and streamlined pricing & billing solutions for Port Operations industries.

SunTec's 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 BFSI, and Comcast (NASDAQ: CMCSA), Cable One, Batelco, BSNL and HFCL in CME, and Arval in the Fleet Management vertical. For more details, please visit http://www.suntecgroup.com

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