LPL Financial, a Fortune 500 wealth management firm, has officially launched a technology-driven Global Capability Centre (GCC) in Hyderabad, strengthening its global technology and engineering operations. The launch was announced in a statement highlighting the centre’s strategic role in supporting next-generation digital platforms.
Purpose and Focus
The new GCC will focus on innovating and scaling digital solutions for LPL Financial’s global operations. Key areas include:
- Financial technology platforms
- Data platforms and analytics
- AI engineering and cloud solutions
- Cybersecurity
The centre aims to integrate teams in India with counterparts in the United States, ensuring seamless collaboration and knowledge transfer.
Leadership
Ramesh Kaza has been appointed Executive Vice President and Head of Country to lead operations in Hyderabad. He will oversee the GCC’s growth, recruitment, and alignment with LPL Financial’s global technology strategy.
Talent and Hiring Plans
Over the next three to five years, LPL Financial plans to hire hundreds of technology and engineering professionals. This expansion will focus on building integrated teams capable of driving innovative financial and digital solutions for global clients.
Why Hyderabad?
Hyderabad was chosen as the GCC location due to its:
- Strong technology talent pool
- Mature startup ecosystem
- Reliable digital infrastructure
The city continues to emerge as a preferred destination for multinational companies seeking to establish technology and innovation hubs.
Significance
The establishment of this GCC reinforces India’s growing role in global technology and innovation. By investing in digital platforms, AI, and cybersecurity, LPL Financial is leveraging Hyderabad as a strategic hub for technology-led global operations.
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