Mastek has consistently been honored by customers, industry bodies, media and other influencers. The following are among the recognitions we received over the years:

Corporate

• 2010: Excellence in Education Award by LOMA
• Mastek has been assigned a composite (two parts - Financial Strength Indicator and Risk Factor) rating of 5A2 which indicates a Financially sound and Low risk trading record by D&B.
• 2009: Excellence in Education Award by LOMA. 
• 2009: Ranked in the Top 50 global outsourcing providers in "The Black Book of Outsourcing" published by the Brown-Wilson Group. 
• 2009: Ranked among world's top outsourcing service providers in the Global Outsourcing 100 list produced by the International Association of Outsourcing Professionals (IAOP). 
• 2009: Our solutions have been recognised with two Celent Model Carrier Awards.
• 2008: Ranked among world's top outsourcing service providers in the Global Outsourcing 100 list produced by the International Association of Outsourcing Professionals (IAOP).
• 2008: Mastek bagged the “Maharashtra Information Technology Award 2008” under the category “IT Software”.
• 2007: Ranked among Top 15 Indian IT companies as per NASSCOM survey. 
• 2007: Ranked among world's top outsourcing service providers in the Global Outsourcing 100 list produced by the International Association of Outsourcing Professionals (IAOP). 
• 2007: Ranked in the Top 50 global outsourcing providers in "The Black Book of Outsourcing" published by the Brown-Wilson Group. 
• 2007: CMD Sudhakar Ram bagged the CNBC Asia’s India Business Leader of the year award at the CNBC TV18 India Business Leader Awards.
• 2006: Forbes Asia ranked Mastek amongst the World’s 200 Best Small and Medium-sized Enterprises, all under $1 billion in revenues, using factors including five year return on equity and growth.
• 2004: Assigned a composite (two parts - Financial Strength Indicator and Risk Factor) rating of 5A2 by D&B. 
• 2003: Awarded the 'Best Solution developed on .NET by an Indian System Integrator' by Microsoft.
• 2001-2004: Consistently ranked among technology companies in a "CLSA Study on Corporate Governance" for 4 consecutive years among 25 emerging markets including Asia, Eastern Europe, Latin America & South Africa.

Insurance and Financial Services

• 2010: Mastek’s Elixir Distribution Management (EDM) solution rated “Positive” in Gartner’s Incentive Compensation Management (ICM) Marketscope.
• 2010: Mastek’s client Apollo Munich Health Insurance, has won the “Celent Model Carrier Asia” award in the policy administration category 
• 2010: Mastek conferred with “Excellence in Education Award for the year 2010” by LOMA.
• 2009: Mastek conferred with “Excellence in Education Award for the year 2009” by LOMA.
• 2009: Mastek’s STG Billing solution developed for Farmers Alliance Mutual Insurance (FAMI) won the overall Celent Model Carrier award.
• 2009: The Mortality management solution co developed by Mastek for Transamerica Life Insurance Company won the Celent Model Carrier award in the underwriting category.
• 2009:  Global Outsourcing 100 by IAOP ranks Mastek among the best 20 Leaders by industry focus: Financial Services - Banking, Capital Markets.
• 2009:  Global Outsourcing 100 by IAOP ranks Mastek among the best 20 Leaders by industry focus: Financial Services – Insurance.
• 2009: Mastek ranked 69th in the FinTech Top 100.
• 2009: Earned prestigious standing in the vendor ranking of the Vanguards in Insurance Practices (VIP) program by INN and Celent - determined solely by voting from insurance carriers, brokers and agents.
• 2008: INN (Innovators Awards) recognized the mortality management solution co developed by Mastek for Transamerica Reinsurance as a runner up.
• 2007: Ranked 1 in Insurance Outsourcing in 2007 by the Black Book of Outsourcing.
• 2007: Mastek’s automated claims processing solution developed for CUNA Mutual was ranked first by INN (Innovators Awards).

Government

• 2009: Global Outsourcing 100 by IAOP ranks Mastek among the best 20 Leaders by industry focus: Government.
• 2003: Awarded the prestigious Social Contribution Award 2003 by the British Computer Society (BCS) for the London.

IT Services

• 2009: Global Outsourcing 100 by IAOP ranks Mastek among the best 20 Leaders by Services Offered – Information & Communication.