
Technology Update30 March 2026 at 03:31 pm
Mphasis and Flagstar Bank Complete First Phase of Modernizing Bank’s Technology Infrastructure
AI Summary
Mphasis and Flagstar Bank have successfully completed the first phase of a major technology modernization program. Over the past year, Mphasis has partnered with Flagstar to establish a next-generation data center, cloud platform, and to modernize the critical technology infrastructure. The partnership has created a scalable technology platform that supports Flagstar’s evolving business needs while enabling future innovation across its digital banking environment. The first phase involved the end-to-end design, installation, configuration, and certification of two next-generation data centers, consolidating six data centers into two modern, co-sourced data centers in approximately twelve months.
Key Highlights
- Completion of the first phase of a major technology modernization program with Flagstar Bank
- Establishment of a next-generation data center and cloud platform
- Consolidation of six legacy data centers into two modern, co-sourced data centers
- Migration of hundreds of business-critical applications to the modern platform with zero downtime
- Improvement in disaster-recovery capabilities and strengthening of operational resilience