Infosys Wins Best Outsourcing Partner in the 2009 Waters Rankings

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Waters readers from major investment firms name the Infosys team best in class.

Infosys Technologies Ltd. won Best Outsourcing Partner in the 2009 Waters Rankings. The seventh annual Waters Rankings is an industry-respected award where the winners are chosen by the qualified readers of Waters magazine, a financial IT publication with more than 10,000 readers.

"Banks will be turning to outsourcing firms with greater urgency in this current climate and the readers of Waters clearly see Infosys Technologies as the leader in the Best Outsourcing Partner category. Infosys brings innovation and hard work to providing firms with mission-critical services and although there are many players in the outsourcing space, Infosys is the clear winner among the men and women inside the financial services arena," says Phil Albinus, editor of Waters.

Each year, the readers of Waters are invited to choose the best financial IT services and solutions that help CIOs and CTOs get their job done. This year, more than 1,000 voters filled out the Waters Rankings ballots. The qualified Waters Rankings voters work inside today's leading investment firms, hedge funds and exchanges. Technology vendors and media relations firms were not allowed to vote.
Commenting on the award, Ashok Vemuri, Member, Executive Council and Global Head, Banking & Capital Markets Practice at Infosys said, "I would like to thank the informed readers of Waters for choosing Infosys as the clear leader in outsourcing services to global financial services firms. This recognition is a clear vindication of our deep domain expertise, technical prowess and global sourcing credentials that helps transform the business of our global clients."

The winners of the 2009 Waters Rankings will be announced in the July 2009 edition of Waters and on the Waters web site: http://www.watersonline.com. Waters also celebrated with the winners at an exclusive cocktail party and awards ceremony at Metrazur in New York's Grand Central Terminal on June 30, 2009.

About Waters
Waters is the leading source for news and analysis in the financial IT arena. Since its launch in 1993, Waters magazine delivers information and insight to the chief information officers and chief technology officers who work inside leading institutional investment firms, hedge funds and exchanges. Waters covers the confluence of business and technology in market data, trading & risk management and infrastructure as well as the human issues of talent management, staff retention and compensation. Waters has more than 10,000 subscribers worldwide and presents all-day conferences, exhibits, and webinars. Each Tuesday, nearly 14,000 subscribers receive the weekly Waters News alert. For more information, please visit http://www.watersonline.com.

For any questions about Waters Rankings and how to qualify for next year, please contact Phil Albinus, editor for Waters, at phil.albinus(at)incisivemedia.com.

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Jocelyn Wiles

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