The Hindu Business Line
Tech co Arcesium opens 2nd office in Hyderabad
Arcesium, a New Yorkheadquartered tech innovator of post-trade solutions, has announced the expansion of its offices to a second location in Hyderabad’s IT corridor.
With this new addition, Arcesium is looking to expand its employee strength from 800 to 1,500 in three years. Gaurav Suri, CEO, launched the new facility a few weeks after Arcesium celebrated its fourth anniversary.
Built on a platform developed by The DE Shaw group for its own post-trade activities, Arcesium was spunoff in 2015 with more than 300 engineers and finance professionals. The India office today has 800 employees.
Recruitment for the extended teams is ongoing from top engineering and business schools.