Mphasis Launches CoE in Argentina — Is Buenos Aires the New Bengaluru?

🌎 At a Glance:

Mphasis has officially touched down in Latin America with a shiny newCentre of Excellence (CoE)for Financial Services inBuenos Aires, Argentina. This isn’t just another offshore center — it’s anAI-powered fintech nerve centerthat will serve bothLatAmandNorth America.Starting with 50 hires and aiming for~200 by year-end, the Bengaluru-born IT player is making big bets on Argentina’s tech talent and financial services pedigree.

🧬 About the CoE Launch

  • 🏢Location:Buenos Aires, Argentina
  • 💡Focus:Financial Services + Applied AI
  • 📈Team size:Starting with 50, scaling to ~200+ in 2025
  • 🔁Markets Served:Local (LatAm) + Global (especially US)
  • ⚙️Tech Stack:AI/ML, Cloud, Data Engineering, Cybersecurity, UI/UX, Mainframe Modernization

The

center integrates Mphasis’Mphasis.aiplatform and serves as the LatAm base to implementhyper-personalized AIin BFSI.

🤖 Why Argentina?

ReasonDetails
👨‍💻 Tech Talent Pool150,000+ tech jobs, $2.5B+ annual exports
💼 Fintech InnovationKnown for digital banking, payments, and risk tech
📜 Supportive Policy“Knowledge Economy Law” promotes digital services sector
📍 Strategic LocationNearshore for US clients, gateway to LatAm
💬 Cultural FitHigh English proficiency + western-aligned tech ecosystem

Argentina isn’t just football and empanadas. It’s afintech sandboxthat just got a serious AI upgrade.

🧠 Mphasis’ Global Client Base

The CoE isn’t launching into a vacuum — it’s being plugged into a high-stakes pipeline:

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