January 18, 2024
LSEG establishes Technology Centre of Excellence in Hyderabad
- Plans to hire over 1000 engineers and professionals by the end of 2025
- Hyderabad chosen for its alignment with LSEG’s ambitions in talent, innovation, infrastructure, and financial services
Hyderabad – LSEG (London Stock Exchange Group) announces the opening of its Technology Centre of Excellence in Hyderabad, India, a key step in the company's global expansion efforts. The facility aims to spearhead new product and service development by prioritising low-latency technology development and capitalising on the local startup ecosystem.
Irfan Hussain, Chief Information Officer, LSEG, said:
“We are delighted to open our new Technology Centre of Excellence in Hyderabad. It will play an important role in enabling us to deliver best-in-class products that our customers require and to become a leading provider of engineering solutions to the global financial ecosystem. We will harness the region’s engineering expertise and aim to hire more than 1000 engineers and professionals by the end of 2025.”
LSEG’s new centre is situated in Hyderabad’s HITEC City and currently hosts 300 professionals in various roles. It supports the Group’s business divisions and Corporate Technology, leveraging the partnership with Microsoft. It will focus on low-latency technology, functioning as an innovation hub in collaboration with local startups, with a special emphasis on Generative AI and Data Sciences. The centre will leverage the city's robust technical education offerings and its focus on Cloud Security, DevOps, and ERP, aligning with LSEG's objectives.
The centre is a Build-Operate-Transfer partnership with Tata Consulting Services (TCS) to attract and nurture talent. TCS brings to the table a wide range of engineering training, fast logistics to market, and robust infrastructure.
Contacts
About LSEG
LSEG (London Stock Exchange Group) is a leading global financial markets infrastructure and data provider, playing a vital social and economic role in the world’s financial system.
With our open approach, trusted expertise and global scale, we enable the sustainable growth and stability of our customers and their communities. We are dedicated partners with extensive experience, deep knowledge and a worldwide presence in data and analytics; indices; capital formation; and trade execution, clearing and risk management across multiple asset classes.
LSEG is headquartered in the United Kingdom, with significant operations in over 60 countries across EMEA, North America, Latin America and Asia Pacific. We employ 25,000 people globally, more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.
