Eurobank has established a strategic multi-year partnership with Indian IT giant LTIMindtree to modernise its banking operations and enhance its technology ecosystem.
As part of this collaboration, Eurobank has established a new global delivery centre at LTIMindtree’s Pune office. This centre, set up in partnership with Fairfax Digital Services, a subsidiary of Canada’s Fairfax Financial, is designed to spearhead technology innovation, digital transformation, and the maintenance of key banking applications.
In a major development under this alliance, LTIMindtree has also been selected as the services partner for Eurobank Luxembourg’s Temenos implementation program. This initiative builds on Eurobank’s group-wide IT overhaul that began in 2019, leveraging Temenos T24 Transact and T24 Infinity solutions.
Following a successful rollout at Eurobank Cyprus last year, the Luxembourg unit—specialising in private banking—is now set to integrate the platform, with LTIMindtree leading critical services including data migration, quality assurance, maintenance, and post-production support.
LTIMindtree’s expertise in Temenos solutions has been well established, notably with its recent project at Banque Internationale à Luxembourg, where it successfully replaced legacy core banking systems with the Temenos Banking Platform.
Also Read | Amazon to Acquire Fintech Firm Axio to Boost Credit Services in India
This Eurobank-LTIMindtree collaboration marks a significant leap toward a more agile, digitally advanced banking framework, reinforcing the bank’s commitment to innovation and customer-centric solutions.
