London Stock Exchange Group to set up Technology Centre of Excellence in Hyderabad. The announcement was made after Minister KTR met with LSEG CIO
Hyderabad : Telangana IT and Industries Minister KT Rama Rao’s four-day tour of the United Kingdom (UK) to attract investors to Telangana has got off to a good start. London Stock Exchange Group PLC (LSEG) announced that it will establish a Technology Centre of Excellence in Hyderabad, which will generate employment for about 1000 people in a year. The announcement was made after the Minister met with Anthony McCarthy, Group CIO, LSEG in London.
A Memorandum of Understanding (MoU) in this regard was signed by Jayesh Ranjan, Principal Secretary of IT and Industries Departments, and Anthony McCarthy, Group CIO, LSEG. E Vishnu Vardhan Reddy, Special Secretary, Investment Promotion & NRI Affairs, Konatham Dileep, Director, Telangana Digital Media Wing, Amarnath Reddy Atmakuri, Chief Relations Officer were present at the occasion.
London Stock Exchange Group (LSEG) is a leading global financial market infrastructure and data provider, operating in 70 countries worldwide and serving customers in 190 countries. With over 2,000 issuers across 100+ countries and a benchmark of $161 linked to FTSE Russell indexes, LSEG continues to be a major player in the global financial industry.