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The London Stock Exchange Group (LSEG) is set to shift its technology hiring strategy towards India in 2025 in an effort to bolster cost efficiency, tap into a vast pool of skilled talent, expand its market reach, and strengthen its in-house engineering culture.
The global tech push will see LSEG insource approximately 2,000 roles, focusing on cloud, data analytics, and digital financial services. This move aims to leverage India's favorable cost structures and establish a foothold in a region where demand for the company's services is on the rise.
India's deep talent pool was identified as a key driver for LSEG's growth ambitions, particularly in areas that require rapid innovation. By absorbing external contractors into permanent roles, LSEG aims to reduce dependency on third-party vendors, foster cross-functional collaboration, and expedite technology solutions for clients worldwide.
In addition, this move is part of a larger global insourcing initiative, reflecting a commitment to centralizing expertise internally and enhancing agility in product development. By consolidating talent closer to its growing customer base in Asia, LSEG is well-positioned to serve this market more effectively.
Sources:[1] "London Stock Exchange Group Shifts Hiring to India Amid Global Tech Push." Financial News, 29 May 2025. Web. 30 May 2025.[2] "The London Stock Exchange Group's Global Insourcing Initiative." The Economic Times, 29 May 2025. Web. 30 May 2025.[3] "India's Talent Pool Positions London Stock Exchange Group for Rapid Growth." Gulf News, 29 May 2025. Web. 30 May 2025.
- The London Stock Exchange Group's global tech push includes a focus on in-house engineering culture for finance, business, and technology roles, with plans to absorb approximately 2,000 roles, primarily in cloud, data analytics, and digital financial services.
- By establishing a strong presence in India, the London Stock Exchange Group seeks to expand its market reach, foster cross-functional collaboration, reduce dependency on third-party vendors, and serve its growing customer base in Asia more effectively, thereby strengthening its position in trading and technology.
