February, 25, 2022
LSEG (London Stock Exchange Group), a diversified global financial markets infrastructure and data business, has invested 3.1 million GBP (LKR 850 million) to refurbish their Malabe campus as part of LSEG’s global real estate strategy.
Phase 1 of the project is now complete with the renovation of the head-quarters (HQ) building located at the heart of the 19-acre facility in Malabe.
Noteworthy updates include the modernisation of the front façade in keeping with the LSEG’s brand identity, productivity enhancements such as enhancing the working environment for staff members with newer, more ergonomic workstations. The building’s infrastructure is also being updated to become a state-of-the-art facility at the cutting edge of technology in order facilitate hybrid working and operational efficiencies.
As phase 2 of the project, the Von Neumann building, named after the mathematician John Von Neumann, will be refurbished to be in line with the rest of the architecture on campus. Once phase 2 is complete later this year, LSEG’s facility in Malabe will house over 1100 IT professionals.
“We have the best team in the business, but for them to perform at their very best, we as a company need to make sure that we provide them with the environment they need to do so,” said Feroz Cader, Head of Market Services Technology, LSEG & Co-Head of LSEG Technology. “That’s why we are very excited about this. It’s not just a renovation - it’s a transformation of how we work as we aim for greater heights in the industry.”
LSEG Technology has always been a place where the employees could feel safe, secure and have the freedom to excel in their careers. The on-site crèche where staff can place their children in a safe, playful, learning environment is one notable example where employee wellbeing is at the forefront of the company’s priorities.
“Sri Lanka has proven time and time again that it has some of the world’s best talent in technology development. That’s why London Stock Exchange Group was excited to make a presence here and give them a truly global opportunity worthy of their skills” said Rob Brouwer, Head of Market Services Technology, LSEG & Co-Head of LSEG Technology.