SEI GCC in Hyderabad Set to Strengthen Fintech Presence

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SEI GCC in Hyderabad: US Firm Explores India Expansion

U.S. Fintech SEI Weighs Hyderabad for GCC, Boosting the City’s BFSI Ambitions

Hyderabad – U.S.-based fintech and investment-tech firm SEI, known for providing technology and asset management solutions, is evaluating establishing a Global Capability Centre (GCC) in Hyderabad. The proposal, now under active discussion with the Telangana government, could bring high-skill engineering and financial jobs over the next three years, reinforcing the city’s growing reputation in the banking, financial services, and insurance (BFSI) space.

SEI GCC – Strategic Appeal of Hyderabad

SEI’s leadership, including Global CTO Zachary Womack, Global Head of Operations David Langdale, Chief Data Officer Deepak Bhardwaj, and heads of private banking and delivery, met with IT & Industries Minister D. Sridhar Babu to explore the plan’s details.

“All indicators suggest Hyderabad is emerging as a premier location for a GCC, thanks to its deep talent pool, strong infrastructure, and business‑friendly ecosystem,” said Langdale. The potential centre could significantly boost SEI’s global digital engineering strategy.

Telangana’s Young India Skill University, particularly its BFSI-focused programs, is a key enabler. It aims to strengthen the region’s skilled talent base and align with SEI’s requirements.

Hyderabad’s Evolving GCC Ecosystem

Hyderabad is no stranger to major GCCs. The city already hosts global hubs from Bank of America, JP Morgan, Goldman Sachs, Morgan Stanley, and Wells Fargo, and is rapidly becoming an essential node in the BFSI and digital services ecosystem.

Mid-market GCCs are also booming in India. ANSR forecasts the creation of 40,000 new jobs and 120 new mid-sized centres by the end of 2026, with Hyderabad being one of the top beneficiaries alongside Bengaluru.

Why It Matters – SEI GCC

  • Employment & Growth: SEI’s GCC could introduce hundreds of specialized engineering and finance roles, accelerating Hyderabad’s talent development.
  • Strategic Diversification: For SEI, leveraging Hyderabad adds a key location in its global operations framework, enhancing resilience.
  • Ecosystem Synergy: The move reinforces Hyderabad’s ambition to challenge traditional IT hubs by capitalizing on its growing financial and digital infrastructure.
  • National GCC Momentum: Hyderabad’s rise parallels broader trends; India’s GCC sector is projected to expand to a staggering $99–105 billion by 2030

Interesting Read

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