LTIMindtree grabs multiyear digital transformation deal from Eurobank

Greece-based bank Eurobank has announced a partnership with IT services firm LTIMindtree to enhance customer experience. Under this multiyear cooperation, the two organisations will improve banking operations and build innovation IT services for Eurobank and its subsidiaries. 

The collaboration has been enabled by Fairfax Digital Services and it will include the establishment of a Global Delivery Center in India. Alongside the recently established LTIMindtree Greece office, this center will drive technology modernisation, and digital innovation as well as enhance and maintain critical banking applications. This initiative will empower Eurobank Group to meet growing customers' demands as it expands its services.

As part of the multi-year relationship, LTIMindtree has been selected as the Services Partner for Eurobank Luxembourg’s Temenos implementation program, providing maintenance, data migration, quality assurance, and post-production support services to the bank.

 “We are thrilled to announce our partnership with Eurobank as they embark on an ambitious journey to modernise 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,” said Srini Rao, EVP & Chief Business Officer Europe, LTIMindtree.

“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,” said Eurobank Holdings’ spokesperson.

Last month, LTIMindtree announced former president Venugopal Lambu as the CEO designate and full-time director. He is set to succeed CEO and MD Debashis Chatterjee, who took over the reins of LTIMindtree in November 2022 after the merger of Larsen & Toubro firms L&T Infotech and Mindtree.