Business Economy


Vanguard opens its Global Value Centre in Hyderabad

Hyderabad, Nov 3 (UNI) Vanguard, one of the world’s leading investment management firms, today announced the inauguration of its ‘Global Value Centre (GVC) in Hyderabad, reinforcing the City’s position as a global hub for financial technology and innovation.
The facility was inaugurated by Minister for IT and Indutries D Sridhar Babu.
This centre reflects Vanguard’s recognition of India, and particularly Telangana, as a strategic centre for innovation, talent development, and digital transformation.
Today, Vanguard stands as one of the strongest global value centres, building deep tech, engineering, and innovation capabilities across Quantum, Cybersecurity, AI, ML, and Data Science.
Speaking on the occasion, Sridhar Babu said, “Despite challenging global market conditions and a complex geopolitical landscape, we successfully anchored over 70 Global Capability Centres (GCCs) last year. We’re not stopping here. We aim to anchor 120 new GCCs next year, creating over 1.2 lakh jobs. We understand that the skills driving the future lie in deep tech, innovation, and engineering.”
He commended Vanguard’s vision and reaffirmed Telangana’s commitment to fostering global partnership and innovation.
”The new GVC will serve as a hub for engineering excellence, cloud modernization, data analytics, artificial intelligence and machine learning, and cybersecurity. It will also feature collaborative labs designed to accelerate innovation across Vanguard’s digital platforms and enterprise solutions”, he added.
With over USD 12.5 trillion in assets under management, Vanguard stands as the world’s largest asset management company, joining an elite group of global financial leaders that have chosen Hyderabad as their innovation hub.
The city now hosts all seven of the world’s top asset management companies, including Vanguard (USD 12.5 trillion), State Street Global Advisors ($5.12 trillion), and JPMorgan Asset Management ($3.7 trillion), along with other major players such as Goldman Sachs ($3.2 trillion), Invesco ($2 trillion), UBS ($1.6 trillion), and Franklin Templeton ($1.5 trillion).
Together, these institutions collectively manage over $30 trillion in assets, a value nearly equivalent to the combined GDP of India, China, and Japan, reaffirming Hyderabad’s position as a global command centre for financial innovation and technology, the Minister said.
With the addition of Vanguard, Hyderabad has become the global city that powers global capital and wealth, he said it has emerged as one of the global innovation hubs, truly positioning itself as the “capital” of the world.
Speaking on the occasion, Vanguard Global Chief Information Officer (CIO) Nitin Tandon said, “Hyderabad represents a thriving technology ecosystem with talent and ambition that underpins Vanguard’s commitment to provide our investors a world-class digital experience. We’re excited to open our new technology centre in Hyderabad and to welcome our new Vanguard India crew members. This technology hub builds on our decade-long collaboration in the region and will play a vital role in advancing innovation in support of our mission.”
Venkatesh Natarajan, Head of Vanguard India, said, “ Together, we will create technology capabilities that are innovative, scalable, and meaningful for investors everywhere.” Vanguard’s Hyderabad GVC will play a central role in advancing the company’s AI and digital transformation goals, fostering innovation in financial services and information technology, and contributing to India’s rapidly expanding digital economy.
UNI KNR SS
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