TROY, Mich., Sept. 16, 2013 (GLOBE NEWSWIRE) -- Syntel, a global information technology services and Knowledge Process Outsourcing (KPO) firm, today announced that it has successfully designed and implemented a strategic test automation framework for the Financial Conduct Authority (FCA), the primary regulator of retail and wholesale financial services in the UK. Syntel was awarded the project by FCA to achieve increased efficiency, coverage and consistency in testing new and existing software applications. The test automation framework is a key component of FCA's vision to establish a central Testing Centre of Excellence to modernize and streamline its technology operations. The custom-built test automation framework incorporates Syntel's market-leading test automation methodologies for a "plug and play" solution that is easily deployed across a variety of domains, tools and technology environments. The framework is technology agnostic, compatible with leading test management platforms, portable, scalable and considerably increases test coverage. It is extremely user friendly, with an intuitive interface that enables quick and simple execution of automated testing projects by both technical and non-technical staff. Syntel has recently been awarded a new testing services contract for a major new systems initiative and to on-board additional applications to the automation framework. Syntel has been a technology partner to FCA and its predecessor, the FSA, since 2011, providing services in key operational areas including application development, application maintenance, testing and business process outsourcing (BPO). More information about the FCA can be found at http://www.fca.org.uk/about/what. About Syntel Syntel (Nasdaq:SYNT) is a leading global provider of integrated information technology and Knowledge Process Outsourcing (KPO) solutions spanning the entire lifecycle of business and information systems and processes. The Company is driven by its mission to create new opportunities for clients by harnessing the passion, talent and innovation of Syntel employees worldwide. Syntel leverages dedicated Centers of Excellence, a flexible Global Delivery Model, and a strong track record of building collaborative client partnerships to create sustainable business advantage for Global 2000 organizations. Syntel is assessed at SEI CMMi Level 5, and is ISO 27001 and ISO 9001:2008 certified. As of June 30, 2013, Syntel employed more than 22,000 people worldwide. To learn more, visit us at: www.syntelinc.com. Safe Harbor Provision This news release includes forward-looking statements, including those with respect to the future level of business for Syntel, Inc. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2012, the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2013 or from other factors not currently anticipated.
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