Business Economy


LPL Financial launches Technology driven Global Capability Centre in Hyderabad

Hyderabad, Feb 4 (UNI) LPL Financial, a Fortune 500 wealth management firm, has launched a technology-centric Global Capability Center (GCC) in Hyderabad on Wednesday to accelerate innovation in financial technology, data platforms, and artificial intelligence.
The new center will serve as a key global hub for next-generation digital platforms, supporting LPL’s expanding ecosystem of financial advisors through advanced engineering, analytics, cybersecurity, and cloud-based solutions, the US based company said in a release.
The company has appointed Ramesh Kaza as Executive Vice President and Head of Country to lead the Hyderabad operations.
LPL Financial said the GCC will focus on AI engineering, data and analytics, network security, core infrastructure, middleware, and software development, strengthening the firm’s ability to deliver scalable, secure, and personalized wealth-management technology.
Hyderabad was selected for its strong technology talent base, mature startup ecosystem, and reliable digital infrastructure.
Over the next three to five years, the company plans to create hundreds of technology roles, building integrated teams that work closely with counterparts in the United States.
“As we expand our digital capabilities, Hyderabad enables us to build high-impact engineering teams focused on creating modern financial platforms,” said Greg Gates, Chief Technology and Information Officer at LPL Financial. “This center will help set new benchmarks in financial services technology.”
Kaza joins LPL Financial from State Street, where he served as Chief Information Officer for India. He previously held senior global technology leadership roles at Bank of America and has worked with Fidelity Investments and GE Capital.
“The Hyderabad GCC will be a catalyst for innovation, enabling faster delivery of intelligent, data-driven solutions,” Kaza said.
“By combining global collaboration with local engineering excellence, we aim to redefine how technology supports wealth management” Kaza added.
LPL Financial supports over 32,000 financial advisors and manages nearly $2.4 trillion in assets, serving around 8 million clients in the U.S. through its digital and advisory platforms.
UNI KNR RKM
More News

Hyd: Virupaksha Organics gets SEBI nod for Rs 740 cr IPO

13 Feb 2026 | 10:09 PM

Hyderabad, Feb 13 (UNI): Virupaksha Organics Limited, a research and development (R&D) driven Indian pharmaceutical company engaged in the manufacture of active pharmaceutical ingredients (APIs) and intermediates, has received SEBI's go-ahead to raise Rs. 740 crore through an initial public offering (IPO), an update with the capital markets regulator showed on Friday.

see more..

India's efforts to democratise AI to get big impetus at India AI Impact Summit

13 Feb 2026 | 8:53 PM

New Delhi, Feb 13 (UNI) India has taken strong steps towards leveraging the power of artificial intelligence in different sectors such as finance, governance or public service, healthcare, agriculture, defense and so on in the last few years, and with the country playing host to the India-AI Impact Summit 2026, which is scheduled between Feb 16 - 20 in the national capital, the whole discussion is expected to enter a new level.

see more..

Malaysia remains affordable tourism destination for Indians: Tourism Malaysia chief

13 Feb 2026 | 6:40 PM

Bengaluru, Feb 13 (UNI) Addressing concerns over currency fluctuations and the recent appreciation of the Malaysian Ringgit, Tourism Malaysia Chairman Manoharan Periasamy on Friday said the country continues to remain an affordable and value-for-money destination for Indian travellers.

see more..

Sensex, Nifty settle lower by over 1 pc amid selling in IT stocks

13 Feb 2026 | 6:07 PM

New Delhi, Feb 13 (UNI) The Indian stock market settled lower by over 1% on Friday amid a highly volatile session.

see more..

Malaysia targets 2 1 million Indian tourists in 2026

13 Feb 2026 | 6:02 PM

Bengaluru, Feb 13 (UNI) Malaysia has set an ambitious target of 2.1 million tourist arrivals from India in 2026, as Tourism Malaysia concluded its Sales Mission 2026 in Bengaluru, reinforcing its engagement with one of South India’s most influential outbound travel markets.

see more..