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.”

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