Eurobank partners with LTIMindtree for a Multi-Year Banking Tech Program

CIOTechOutlook Team | Monday, 17 February 2025, 13:06 IST

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Eurobank S.A., an auxiliary of "Eurobank Ergasias Administrations and Property S.A." a leading banking group in Athens, Greece and LTIMindtree, a global technology consulting and digital solutions organization, have partnered for commencing a multi-year mutually beneficial cooperation that is focused on improving customer experience by enhancing banking functions as well as building innovative IT services for Eurobank and its subsidiaries. The collaboration has been enabled by Fairfax Digital Services and will incorporate the establishment of a Global Delivery Center in India.

Deputy Chief Executive Officer (CEO), Group Chief Operating Officer (COO) & International Activities, Eurobank Holdings, Stavros Ioannou, said, "Eurobank Group has always been at the forefront of innovation, driving digital transformation to enhance customer experience and operational excellence. Our journey to becoming a digital leader is built on strategic partnerships that accelerate modernisation and create seamless, future-ready solutions. Partnering with LTIMindtree, in collaboration with Fairfax Digital Services, marks a significant milestone in this journey--strengthening our IT capabilities to meet evolving customer expectations and regulatory requirements. We are excited about the future as we redefine customer experience and set new industry benchmarks with the launch of our new Delivery Center in India."

Sanjay Tugnait, CEO Fairfax Digital Services, said, "At Fairfax Digital Services, we are proud to collaborate with Eurobank and LTIMindtree to establish this new Global Delivery Center in Pune. By embracing emerging technologies, we are driving innovation to create enhanced customer experiences and deliver strong business value. This partnership will help Eurobank navigate a rapidly evolving technology landscape and strengthen its position as a digital leader in the industry."

Srini Rao, EVP & Chief Business Officer Europe, LTIMindtree, said, "We are thrilled to announce our partnership with Eurobank as they embark on an ambitious journey to modernize their banking infrastructure technology platform. Our expertise in cutting-edge IT services and seamless Temenos implementation services positions us uniquely to deliver innovative solutions that meet the future needs of Eurobank."

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