The Carreker + Mastek Partnership

Pairing financial services expertise with global offshore outsourcing experience

Carreker Corporation (Dallas, TX) and Majesco Software, Inc., a wholly-owned subsidiary of Mastek Limited (Mumbai, India) have formed Carretek LLC to help banks successfully achieve the benefits of offshore outsourcing.

This partnership combines the strengths of the two founding companies to create a competitive advantage in an emerging line of business aimed at lowering banks’ operational costs while increasing their productivity and improving the outsourced processes.

  • Carreker is a global provider of payments technology, consulting, and revenue enhancing solutions to banks and their processors. We have been helping financial institutions increase revenues, reduce expenses and mitigate risk for 25 years.
  • Mastek is a global outsourcing company with a powerful IT track record, stellar customer references, local presence around the world, and a highly skilled workforce in state-of-the-art facilities in India today and other locations in the future.

The complementary expertise of Carreker and Mastek will be deployed to transform the outsourced functions, reducing the work involved and increasing the value delivered through process and technology improvements for which both companies are already renowned in their respective fields.

Mastek Ltd.
Mastek is a multinational IT outsourcing company based in Mumbai, India, with a 25-year track record for maximizing its clients’ cost savings, productivity and process quality while reducing product development time.
Mastek is ISO 9001 accredited and the world's first software company to use SW-CMM Level 5 processes and P-CMM Level 3 teams. Its 93 percent on-time delivery track record far exceeds the industry average.

Carreker Corporation
Carreker Corporation improves earnings for financial institutions around the world. Our integrated consulting and software solutions are designed to increase our clients' revenues and reduce their expenses, while improving security and increasing the value of their customer relationships. Carreker provides products and services to more than 200 clients in the United States, Canada, the United Kingdom, Ireland, Australia, and South Africa. Clients include the full range of community, regional and large banks, among them more than 75 of the largest 100 banks in the United States. Headquartered in Dallas, Texas since 1978, Carreker Corporation also has offices located around the world including London, Toronto, and Sydney.


Video Tour: Carretek’s Offshore Facilities