Eurobank has announced a multi-year strategic partnership with LTIMindtree, aimed at enhancing banking operations and IT services across its subsidiaries. Enabled by Fairfax Digital Services, this collaboration will include the establishment of a Global Delivery Center in India, marking a significant step toward technology modernization and digital innovation.
Building on the recent launch of the LTIMindtree Greece office, the new Global Delivery Center will focus on maintaining and enhancing critical banking applications, empowering Eurobank Group to scale operations and meet evolving customer demands.
As part of this multi-year engagement, LTIMindtree has been selected as the Services Partner for Eurobank Luxembourg’s Temenos implementation program, providing:
- Maintenance & Support Services
- Data Migration & Quality Assurance
- Post-Production Support
This initiative extends to Cyprus, Luxembourg, and Greece, where LTIMindtree will help modernize the bank’s technology infrastructure and drive operational efficiency.
The collaboration between Eurobank and LTIMindtree will leverage advanced technology solutions to improve customer experience, operational agility, and compliance with evolving regulatory standards.
Stavros Ioannou, Deputy CEO, Group COO & International Activities, Eurobank Holdings, emphasized the significance of this initiative:
“Partnering with LTIMindtree, in collaboration with Fairfax Digital Services, marks a major milestone in strengthening our IT capabilities. With the launch of our Global Delivery Center in India, we aim to redefine the customer experience and set new industry benchmarks.”
Sanjay Tugnait, CEO, Fairfax Digital Services, highlighted the role of technology in shaping the future of banking:
“We are proud to collaborate with Eurobank and LTIMindtree to establish this Global Delivery Center in Pune. By embracing emerging technologies, we are driving innovation, enhancing customer experiences, and delivering strong business value.”
Srini Rao, EVP & Chief Business Officer Europe, LTIMindtree, expressed enthusiasm for the collaboration:
“Eurobank’s vision to modernize its banking infrastructure aligns perfectly with our expertise in IT services and Temenos implementation. We are excited to contribute to this transformation journey.”
With this partnership, Eurobank, LTIMindtree, and Fairfax Digital Services are poised to redefine banking operations, enhance digital capabilities, and reinforce Eurobank’s position as a leading financial institution in the European market.
