New York, USA, Aug.6 (NSS): Arcesium, a leading provider of tech solutions for asset managers, has announced its major plans to expand capacity in Hyderabad.
After the meeting with the delegation of Telangana government led by Chief Minister Revanth Reddy, who is currently on a visit to the US, the representatives of Arcesium announced their expansion plans in Telangana.
As part of the expansion, the company will hire 500 high-end tech talent in Hyderabad in the next two years.
Arcesium, which was launched as an independent entity backed by DE Shaw group and Blackstone Alternative Asset Management (BAAM), delivers advanced data, operations, analytics platform used by financial institutions, including hedge funds, banks, institutional assets managers and private equity firms.
The company’s expansion plans solidifies Hyderabad’s reputation as a premier destination for global tech firms. On the occasion, the Chief Minister has assured the total support to help Arcesium succeed in its goals.
