Mphasis Ltd., a leading provider of IT solutions specializing in cloud and cognitive services, has announced a significant milestone in its partnership with Flagstar Bank. The announcement marks the setup and inauguration of a state-of-the-art data center that will support Flagstar’s critical infrastructure as it embarks on an 18-month transformation to become a top regional bank in the United States.
As part of the strategic initiative, Mphasis will play a pivotal role in modernizing Flagstar’s technology, with an emphasis on security, scalability, and operational efficiency. The collaboration is expected to enhance customer-centric operations and deliver faster, more reliable services.
The new data center is also seen as a vital component in Flagstar’s efforts to phase out legacy infrastructure in favor of a more agile and cost-effective future. Flagstar’s leadership emphasized that the partnership reflects a broader industry shift toward digital transformation in banking.
Christopher P. Higgins, Chief Information and Operations Officer at Flagstar, said, “This is more than just an infrastructure upgrade. It’s a strategic investment in operational resilience, security, and scalable efficiency.”
Jason Pope, Chief Technology Officer at Flagstar, highlighted that the modular design of the data centers provides the flexibility to innovate quickly and respond to market changes, while Rohit Jayachandran, Head of Banking & Financial Services at Mphasis, noted that the collaboration sets a benchmark for secure and scalable banking infrastructure.
The announcement underscores Mphasis’ expanding footprint in the U.S. financial services sector, as well as its growing reputation as a trusted partner in enterprise-level technology transformation.
Disclaimer: This article is based on a press release issued by Mphasis Ltd. and may contain forward-looking statements. Readers are advised to refer to official company filings and consult financial advisors before making investment decisions.
