Mphasis expands UK footprint, to create 1000 jobs
Mphasis, an Information Technology (IT) solutions provider specializing in cloud and cognitive services, 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: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 marketInvest over GBP 25 million upfront towards establishing a UK centerProvide best in class upskill and training in both digital transformation as well as domain expertise in the UK banking & insurance segments. UK Prime Minister Boris Johnson said, â€œTrade and investment between the UK and India is creating good jobs and sustaining livelihoods in both of our countries. Focused on the insurance market, this centre aims to deliver the best technology and insurance operations services to clients through innovation in operational, technological, and service excellence, the statement said. Mphasis brings its existing digital & domain expertise, as well as global capabilities to constitute a proposition and capability that can be harnessed and tailored to meet individual UK client needs.