Mphasis, an IT solutions provider specialising in cloud and cognitive services, announced a key milestone in its partnership with Flagstar Bank: the setup and inauguration of Flagstar’s world-class data centre facility that support the bank’s critical infrastructure and future growth. Flagstar is progressing through an 18-month transformation to become a top US regional bank, and its data centre strategy marks a significant foundational milestone on that journey.

Mphasis Corporation, USA, acquired a 26% preferred equity stake in Aokah a Platform-as-a-Service (PaaS) company designed to help enterprises set up, scale, and optimise next-gen Global Capability Centers (GCCs), to drive speed, intelligence, and efficiency. Through this strategic investment, Mphasis is poised to offer global enterprises who are looking to set-up/optimise GCCs, a Human-Led, AI-Powered end-to-end lifecycle support services and transformative solutions.

“We were early adopters and implementers of AI based solutions for our clients, which has positioned us well to help with their AI journey, create efficiencies, cost-savings and minimise project risks, while at the same time, accelerating our business. This is reflected in our highest-ever quarterly TCV of USD 760 million, of which 68% is AI-led,” said Nitin Rakesh, Chief Executive Officer and Managing Director, Mphasis Limited.

Mphasis will integrate Sixfold’s AI platform to help insurers accelerate their underwriting process—speeding up submission intake and equipping underwriters with the contextual risk insights they need to make faster, more confident decisions. Designed for Life & Disability, Commercial P&C & Speciality, and Reinsurance, Sixfold reduces review times by more than half and increases GWP per underwriter by enabling smarter, faster risk selection—without sacrificing accuracy.

Mphasis Limited (BSE - 526299; NSE - MPHASIS), an Information Technology (IT) solutions provider specialising in cloud and cognitive services, today announced its financial results for the quarter ended 31st March 2025 and the financial year 2024-25.

Mphasis announced the award of a US patent on “System and method for optimised processing of information on quantum systems”

The centre by Plaksha University and Mphasis aspires to bridge the gender gap in STEM by offering a robust support network of role models

Mphasis recognised as Industry Partner of the Year – Travel and Hospitality (Global), one of many AWS Partners around the globe

Mphasis has been named ‘Official Digital Partner’ of MoneyGram Haas F1 Team, announcing an exciting multi-year technology driven partnership

Mike Meyer will lead cross-functional deal execution teams to drive closure on large and strategic deals for Mphasis

Mphasis Limited, an IT solutions provider specialising in cloud and cognitive services, today announced its financial results as of 30 Sep

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