SmartStream Technologies, the Transaction Lifecycle Management specialist, today announced a strategic alliance with Syntel, a leading global IT and business services outsourcing firm, extending the company’s global professional services capability to meet the forecasted demands of its expanding client base.

Syntel, with more than 10,000 employees in 27 locations around the world, is the first SmartStream Preferred Implementation Partner. Under the partnership agreement, Syntel’s certified teams will augment SmartStream’s established professional services group. This partnership will provide clients with access to talented implementation teams, accelerated delivery frameworks and offer flexible onshore/offshore models.

Ken Archer, SmartStream CEO, said: “As we continue to grow our customer base around the world and broaden our suite of TLM solutions, this partnership will maintain our capability and capacity to offer implementation and consulting services ahead of the demand curve. Syntel’s global footprint and flexible resourcing models gives our clients access to highly skilled, SmartStream-certified teams with a range of global delivery options that can easily accommodate individual customer needs and project frameworks.”

“While Syntel and SmartStream have a history of working together, this formal alliance extends our global ability to collaborate and deliver incremental value to our shared clients,” said Syntel President & COO Keshav Murugesh. “We share a common set of customers and a deep understanding of the operational issues they’re wrestling with. With the TLM skills we’ve already acquired from working with our joint client base, the partnership is off to a strong start. Together we believe we offer flexible approaches for firms to deal with these challenges and gain a return on their investment in the shortest possible time.”