London Stock Exchange Group to open technology hub in Colombo

London Stock Exchange Group’s Business Services division (LSEG BSL) in Sri Lanka  says it would soon  open its new headquarters at the historic Trace Expert City precinct in Colombo, formerly known as Tripoli Market.
“The new Business Services division would provide support to our Group’s operating entities across the globe, Head of LSEG operations in Colombo”, Murali Subrahmanyan noted adding that it would provide the best and brightest technology talent in the country with the opportunity to be a part of an ever expanding, innovative knowledge hub.

The new LSEG facility would directly employ 400 personnel in high technology jobs, with an additional 1,200 employed indirectly. These employees will be tasked with providing technical support services that were central to the Group's global network.  LSEG's investment and recruitment drive in Sri Lanka would also provide an immediate boost for the IT sector of the country, Subrahmanyan added.
He said that the decision to establish a  26,000 sq ft state-of-the-art facility in the heart of Colombo reaffirmed their commitment to the technology sector of Sri Lanka. “The new facility at Trace Expert City will house some of the best talent in the industry and it is important to us that all our facilities reflect these high standards. The launch of this new technology centre represents an exciting opportunity for the local population to join a truly global organisation. It would complement our current incubation hub which is also housed in the same complex.”