Operations in India are an integral part of continued growth, says Suri
Arcesium LLC, a leading global financial technology and professional services firm from New York, has expanded its India-based operations with a new office in Delhi NCR with plans to increase office capacity from 300 members to over 1,000 within two years by tapping into the region’s top notch talent.
The new office will be staffed with employees across technology, services and other key functions.
“Arcesium’s launch in the Delhi NCR region cements our presence in key zones across India. In addition, the office, with its world-class work environment, will offer greater flexibility to our employees. We aim to increase the office capacity from 300 members to over 1,000 within two years by tapping into the region’s top-notch talent,” Ranvijay Lamba, Managing Director and Head of India at Arcesium, said on 21 Dec 2021.
The announcement follows additional recent geographic expansions, with the firm launching operations in London in September 2020 and Bengaluru in October 2020 to boost its presence in Europe and Asia. The new Delhi NCR base will supplement the firm’s Hyderabad and Bengaluru offices to support Arcesium’s global client base collectively.
“Our operations in India are an integral part of our continued growth. Through this expansion, we will be able to further scale our infrastructure to serve our clients’ sophisticated needs,” said Gaurav Suri, CEO of the New York-headquartered firm.
Arcesium is a global financial technology and professional services firm, delivering post-investment and enterprise data management solutions to some of the world’s most sophisticated financial institutions, including hedge funds, banks, institutional asset managers, and private equity firms.
Building on a platform developed and tested by investment and technology development firm, the D. E. Shaw group, Arcesium was launched as a joint venture with Blackstone Alternative Asset Management. J.P. Morgan, another large client, later joined as a third partner. Today, Arcesium services over US$675 billion in global client AUM with a staff of over 1,500 software engineering, accounting, operations, and treasury professionals. fiinews.com
