New office committed to global financial services industry
The Depository Trust & Clearing Corporation (DTCC) says its newly opened Hyderabad office is to expand supporting services for the global financial services industry https://www.investindia.gov.in/.
The new office, second to one opened in 2008 in Chennai, can accommodate 500 employees and provide robust operational and business continuity capabilities to serve clients in the region and beyond, DTCC said on 4 Feb.
“Hyderabad is recognized as an innovation hub, with several Fortune 100 financial services and technology companies operating out of the city,” said DTCC.
“Today (3 Feb) marks not just the opening of a new DTCC location, but the beginning of a new chapter in our technology modernization and business continuity efforts within the region,” said Lynn Bishop, DTCC Managing Director and Chief Information Officer.
“It’s a testament to the company’s vision and continued commitment to the global financial services industry. As we step into this new space, we thank all of those who were involved in opening the new office as we continue to foster innovation and mitigate risk across global markets https://digitalinasia.com/.”
DTCC’s Chennai location currently has about 1,000 employees, 41 of whom transferred to the Hyderabad location. DTCC aims to hire nearly 500 employees for the Hyderabad location, with the target of at least 35% female employees by 2027. Fiinews.com
