Eurobank, a prominent banking group based in Athens, Greece, has entered into a multi-year partnership with LTIMindtree, a global leader in technology consulting and digital solutions. The collaboration aims to enhance the customer experience, optimize banking operations, and develop innovative IT services for Eurobank and its subsidiaries. This initiative, supported by Fairfax Digital Services, will also see the establishment of a Global Delivery Center in Pune, India.
In a move to strengthen their commitment to innovation and customer-centric banking technology, Eurobank and LTIMindtree officially launched their Global Delivery Center in Pune, India. This new facility represents the deepening economic ties between Greece and India and underscores the focus on modernizing technology, fostering digital innovation, and maintaining essential banking systems. The center will play a key role in Eurobank’s efforts to scale its services in response to growing customer demands.
As part of their ongoing collaboration, LTIMindtree will serve as the service partner for Eurobank Luxembourg’s Temenos implementation program. This includes tasks such as data migration, maintenance, quality assurance, and post-production support. LTIMindtree’s involvement will facilitate the modernization of Eurobank’s technology infrastructure across its operations in Cyprus, Luxembourg, and Greece, driving improvements in both customer experience and operational efficiency.
Stavros Ioannou, Deputy CEO and Group COO of Eurobank Holdings, highlighted that this partnership is a critical milestone in Eurobank’s journey toward digital leadership. He noted that the collaboration would strengthen their IT capabilities to meet evolving customer needs and regulatory requirements.
Sanjay Tugnait, CEO of Fairfax Digital Services, expressed pride in the establishment of the new Global Delivery Center, emphasizing the role of emerging technologies in enhancing customer experiences and delivering business value.
Srini Rao, EVP & Chief Business Officer for Europe at LTIMindtree, also praised the partnership, noting LTIMindtree’s unique ability to drive innovation and support Eurobank’s ambitious modernization goals.
Eurobank Group is a prominent financial organization operating across Greece, Cyprus, Luxembourg, Bulgaria, and the UK. The group offers a wide range of financial products and services, focusing on customer needs and modern governance practices. As of September 2024, Eurobank Group holds €99.6 billion in total assets and operates 604 branches globally, with a workforce of 12,880 employees.
Fairfax Financial Holdings, headquartered in Toronto, Canada, is primarily engaged in property and casualty insurance, reinsurance, and investment management. Founded in 1985, it is led by CEO V. Prem Watsa.
LTIMindtree is a global digital solutions and technology consulting firm that helps businesses reimagine their models, accelerate innovation, and maximize growth. With a global workforce of over 86,000 professionals, LTIMindtree supports over 700 clients across more than 40 countries, delivering large-scale digital transformations.
