Flagstar names Mphasis as strategic partner for tech transformation

06 Aug 2025 CW Team

Mphasis (BSE: 526299; NSE: MPHASIS), known for its expertise in cloud and cognitive services, announced the inauguration of a modern data center facility for Flagstar Bank. The facility is designed to support the bank’s critical infrastructure, strengthen security, and enable future growth.

The partnership is part of Flagstar’s broader effort to modernize its technology landscape. Mphasis will complement the bank’s internal capabilities, helping it enhance performance, streamline service delivery, and improve risk management.

Key benefits of the partnership include:

Enhanced customer experience through scalable, secure, and reliable services
Support for digital transformation by retiring legacy infrastructure
Cost efficiencies from a more agile and scalable architecture
Stronger risk management with future-ready tools and innovation

“The data centers are more than just an infrastructure upgrade. This is a strategic investment in operational resilience, enhanced security, and scalable efficiency,” said Christopher P. Higgins, Chief Information and Operations Officer, Flagstar.

“Modernizing our data centers with Mphasis gives us flexibility to innovate faster and respond to market needs,” added Jason Pope, CTO, Flagstar Bank.

Rohit Jayachandran, Head of Banking & Financial Services at Mphasis, said: “This program sets a benchmark in banking infrastructure, and we’re proud to support Flagstar’s growth journey.”

Infrastructure Transport

07 Oct 2025

Atlantaa Inks Rs 24.9 Billion Deal For Maharashtra Expressway

Atlantaa Limited (formerly Altanta Limited) announced on 30 September that it has entered into an agreement with IRCON International Limited for the construction of the Bhandara–Gadchiroli Access Controlled Expressway in Maharashtra.The project, awarded under the Engineering, Procurement and Construction (EPC) mode, involves Package BG-03, covering the stretch from km 34+750 at Sarandi Bk in Lakhandur, Bhandara district, to km 69+536 at Kinhi in Bramhapuri, Chandrapur district, spanning a total length of 34.786 kilometres.The sub-contract is valued at approximately Rs 24.9 billion, excluding..

Cabinet Clears Rs 69.6 Billion NH Project Through Kaziranga

The Union Cabinet has approved the four-laning of the Kaliabor–Numaligarh section of National Highway 715 in Assam, a key infrastructure project designed to prevent man-animal conflicts and enhance road safety through the Kaziranga National Park.Announcing the decision, Railways Minister Ashwini Vaishnaw said the project spans 86 kilometres and involves a 34-kilometre elevated viaduct to ensure safe passage for wildlife. “The fifth major decision of the Cabinet today is the four-laning of the Kaliabor–Numaligarh section of NH-715 (86 km, Rs 69.6 billion). It includes a 34 km elevated via..

Rajkot Emerges As Model Smart And Sustainable City

Rajkot is rapidly evolving into a smart, safe, and sustainable city under the vision of Prime Minister Narendra Modi and the proactive efforts of the Gujarat government. Combining modern infrastructure, technology-driven systems, and citizen-focused projects, the city is enhancing both the quality of life and urban resilience for its residents.At the heart of Rajkot’s transformation is the Integrated Command and Control Centre (ICCC), which monitors live CCTV feeds from across the city 24 hours a day. The advanced surveillance system, equipped with 1,000 cameras installed at key locations in..