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Mphasis to invest GBP 25 mn to establish UK center

Capital Market 

Focused on banking and insurance segment

Mphasis is expanding its footprint in the UK with a special focus on Customer led Digital Transformation initiatives in banking & insurance, by establishing a nearshore center, outside of London.

Mphasis expects to:
1. Create close to 1000 UK jobs to begin with; capability to scale and cater to customers even beyond the UK, thus potentially creating a much larger opportunity in the job market.
2. Invest over GBP 25 million upfront towards establishing a UK center.
3. Provide best in class upskill and training in both digital transformation as well as domain expertise in the UK banking & insurance segments.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Tue, May 04 2021. 11:05 IST