The London Stock Exchange Group (LSEG) has opened a new state-of-the-art technology facility in Sri Lanka to support the group’s global technology operations.
Headquartered in TRACE Expert City in the capital Colombo, the new technology hub was opened by Prime Minister of Sri Lanka, Ranil Wickremesinghe.
The new facility will directly employ 400 personnel in high-technology jobs, with an additional 1,200 people employed indirectly. LSEG has previous experience of working in Sri Lanka through its trading and technology business, MillenniumIT, which is based in Colombo and Malabe.
Donald Brydon, chairman of LSEG, said: “I’m delighted today to join the Prime Minister of Sri Lanka for the opening of our new technology facility, which will provide the best and brightest technology talent in the country with the opportunity to join a truly global markets infrastructure business.
“Given our long history and very successful experience of working in Sri Lanka, it is the natural destination for LSEG’s new business services technology division.”
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