Mphasis launches Centre of Excellence (CoE) for Financial Services in Buenos Aires, Argentina

Mphasis, an Information Technology solutions provider, has inaugurated its first Centre of Excellence (CoE) for Financial Services in Buenos Aires, Argentina. The company has onboarded 50 technology experts and plans to scale up to ~200 by the end of the year. This strategic hub signifies Mphasis' commitment to pioneering applied Artificial Intelligence solutions in Argentina and the Latam region for Financial Services. The CoE will integrate capabilities from the Mphasis.ai business unit and act as the core location for North America operations. Argentina’s banking and financial technology sector has grown steadily in recent years, supported by rising demand for digital financial services and a strong base of entrepreneurial talent. Mphasis currently serves 13 of the top 15 retail banks and 7 of the top 10 insurance firms in North America, many with significant operations in the Latam region. The CoE is well-positioned to support both the local Argentinian market and North American clients from this strategic location.