Investment Transactions
London Stock Exchange Group Shifts Tech Hiring to India as Part of Global Expansion
The London Stock Exchange Group (LSEG), a major bourse owner and data provider, is relocating around 2,000 external technology positions from Europe to India as part of a global insourcing initiative. This move aims to bolster LSEG’s in-house engineering capabilities.
These external contractors will be transitioned into permanent, internal roles within LSEG’s Indian operations. This shift signifies the company’s commitment to establishing a robust in-house engineering culture.
In addition, LSEG is tapping into India's thriving job market by pursuing off-campus hiring for positions such as Associate Content Analyst and Business Analyst in Bangalore. The company is targeting fresh graduates and early-career professionals for these roles [2][3]. Senior positions like Tech Lead (.Net) are also available in Bangalore, indicating LSEG's growing presence in India [4].
Several factors have contributed to LSEG’s decision to relocate its tech roles to India. The country's favorable cost structures are expected to boost cost efficiency in LSEG’s operations. Moreover, India's vast talent pool is essential for LSEG to accelerate product development and drive innovation in areas such as cloud, data analytics, and digital financial services [1].
LSEG's move is also strategic in terms of market expansion, as it aligns with the company's efforts to strengthen its presence in Asia and consolidate product ownership closer to its expanding market [1]. By centralizing talent internally, LSEG aims to reduce reliance on third-party vendors and promote cross-functional collaboration, leading to faster technology solutions for clients worldwide [1].
This move underscores India’s growing significance in the international financial technology landscape, reinforcing its position as a critical technology hub for global capital markets infrastructure [1].
The London Stock Exchange Group is also seeking fresh graduates and early-career professionals from India's thriving job market for positions like Associate Content Analyst and Business Analyst in Bangalore, signaling the company's expansion into the tech hiring sector in India. As part of the company's strategic market expansion, senior positions like Tech Lead (.Net) are also available in Bangalore, indicating LSEG's growing presence and focus on innovative technology solutions, encompassing cloud, data analytics, and digital financial services.
