London Stock Exchange Group To Set Up a Technology Centre Of Excellence In Hyderabad

May 13, 2023 12:32
London Stock Exchange Group To Set Up a Technology Centre Of Excellence In Hyderabad

(Image source from: Twitter.com/MinisterKTR)

London Stock Exchange Group To Set Up a Technology Centre Of Excellence In Hyderabad:- London Stock Exchange Group PLC(LSEG) announced its decision to set up a Technology Centre of Excellence in Hyderabad which will generate employment for about 1000 people in a year. KTR who is currently on a London tour met with Anthony Mc Carthy, Group CIO in London. An MoU was signed regarding the same by the Telangana government in the presence of KTR. KTR’s 4-day UK tour was to attract investments to the state. The LSEG set-up will boost the Banking, Financial services and Insurance sectors in Hyderabad. London Stock Exchange is operating in 70 countries and serves 190 countries and this is their second office in South India after Banglore.

Minister for IT, Industries, MA & UD, Telangana shared this happened through their social media, they wrote, “Exciting news for Telangana, all the way from London! London Stock Exchange Group PLC (LSEG) announces its decision to set up a Technology Centre of Excellence in Hyderabad generating employment for about 1000 people in a year. The announcement was made after Minister @KTRBRS, who is currently on the UK tour, met with Anthony McCarthy, Group CIO, @LSEGplc in London. An MoU in this regard was signed between Telangana Govt. and @LSEGplc in the presence of Minister KTR. The MoU was signed by @jayesh_ranjan, Principal Secretary of IT and Industries Departments, and Anthony McCarthy, Group CIO, @LSEGplc London Stock Exchange Group (LSEG) is a leading global financial markets infrastructure and data provider, with a rich history dating back over 300 years. LSEG has a truly global presence, operating within 70 countries worldwide and serving customers in 190 countries. E Vishnu Vardhan Reddy, Special Secretary, Investment Promotion & NRI Affairs, @amaratmakuri@CRO_Telangana were present at the occasion. This is a big boost to the BFSI Sector in #HappeningHyderabad #TriumphantTelangana”

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