Mphasis Ltd Signs an agreement for approximately £35.4m

Mphasis Ltd Mphasis will help Social Security Scotland provide support and maintenance for the executive agency’s core benefits case management platform by maintaining access to citizen benefits that are important to individuals, families and communities across Scotland. Additionally, Mphasis’ role will focus on maintaining a stable, resilient and high-quality service for citizens, supporting continuity across a platform central to benefit applications, eligibility decisions and payments. Social Security Scotland is one of the largest executive agencies of the Scottish Government, responsible for delivering core benefits to people across Scotland efficiently and securely. Opinion : This news will have neutral impact on the stock price. Disclaimer : I do not hold this stock. This is not a buy,sell or hold recommendation.