Patni Computer targets UK insurers with Clear alliance

Patni Computer Systems Ltd has announced that the Company has formed a strategic partnership in the UK with Clear Technology Ltd, a provider of software solutions for the Insurance and Financial Services Industries. Under the terms of the agreement, the Company will provide process consulting and system integration services to Clear. This will support Clear in its efforts to fully capitalise on growing demand for its Insurance and Financial Services solutions.

For the Company, the alliance will open the door to a host of new commercial opportunities to grow its presence within Clear's portfolio of blue-chip Insurance sector clients and the UK Financial Services industry. For Clear, the access to a dedicated professional team of highly skilled systems integrators signifies substantial growth in implementation capacity, helping Clear to meet the needs of increasing market demand.

"The UK’s Insurance and Financial Services market is perhaps the most competitive in the world. This translates into a huge commercial opportunity for software Companies that deliver immediate bottom-line improvements, which Patni has been able to do for many of the top global and local insurers in the UK over the last eight years," said Brian Stones, European Vice President of the Company.

"The combination of Clear's software platform and methodology, and Patni's integration expertise will help customers transform their business operations by lowering their operational costs while accelerating time to market," added Stones.

Source : Equity Bulls

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