Mphasis to expand UK footprint with centre near London

Bengaluru: Bengaluru-headquartered IT solutions provider Mphasis NSE 0.18 % said on Tuesday it is expanding its footprint in the UK with a special focus on digital transformation initiatives in banking & insurance, by establishing a nearshore centre, outside of London.

Mphasis expects to create close to 1000 UK jobs to begin with; invest over GBP 25 million upfront towards establishing the centre, and provide upskill and training in both digital transformation as well as domain expertise in the UK banking & insurance segments.