Situated in Hitec City, Hyderabad, this facility presently houses 300 professionals in diverse positions and is poised to aid the group's worldwide business growth.
On Thursday, January 18, the London Stock Exchange Group (LSEG) formally declared the establishment of its Technology Center of Excellence in the city.
The facility is designed to spearhead the creation of innovative products and services, with a particular emphasis on low-latency technology. Additionally, it will capitalize on the strengths of the local startup ecosystem.
Irfan Hussain, the Chief Information Officer of the London Stock Exchange Group (LSEG), highlighted the center's crucial role in delivering top-notch products demanded by customers and establishing itself as a prominent provider of engineering solutions in the global financial ecosystem. Hussain expressed the intention to tap into the region's engineering expertise and outlined plans to hire over 1000 engineers and professionals by the conclusion of 2025.
Situated in Hitec City, Hyderabad, this center presently houses 300 professionals across diverse roles and is poised to bolster the global business expansion of the group.
This endeavor aligns with LSEG's overarching strategy to enhance its technological prowess and is anticipated to generate substantial employment opportunities in the region, as stated in a press release.
LSEG's latest establishment in Hitec City, Hyderabad, accommodates 300 professionals in various capacities, offering support to the group's business divisions and Corporate Technology through a collaboration with Microsoft LMP.
The center is strategically positioned to leverage the robust technical education resources in the city, particularly focusing on Cloud Security, DevOps, and ERP, aligning with LSEG's objectives.
Furthermore, the facility is established through a partnership with Tata Consulting Services (TCS) under a Build-Operate-Transfer model, aiming to attract and nurture talent for recruitment and development purposes.
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