ICE to expand operations; to hire 300 in Hyderabad, 200 in Pune

Intercontinental Exchange’s team in Hyderabad has already grown from the 500-strong team it had started with in 2019

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Intercontinental Exchange (ICE), the global data, technology and market infrastructure company, is all set to expand its operations in India.

The Company, which has its headquarters in the US, plans to hire at least 200 people in Pune and 300 in Hyderabad.

Ever since it began operations in Hyderabad, about three years ago, the Company’s team strength has grown from 500 to about 900. By the end of this year, it is hoped that its Pune and Hyderabad teams will expand by 200 and 300, respectively.

Since its launch here, ICE has already pumped in about $11 million into its operations. About 50 per cent of this sum was invested in Hyderabad alone.

The firm is looking for professionals with advanced skills in software engineering, operations, and data streams. It is looking to tap India’s talent pool in aritificial intelligence (AI) and machine learning (ML), which are essential for a better customer experience, improvement in business processes, and reduction in transaction times.

The Company’s Mortgage Technology (earlier known as Ellie Mae) has been present in Pune since 2000, with a 1,100-strong workforce. Having expanded its physical office space recently, its campus is now spread over 98,000 square feet in Pune equipped with the latest technology and facilities. The Mortgage Technology workforce has now been integrated with the rest of the ICE team, enabling better growth.

As of now, ICE’s Global Capability Centres (GCCs) across India have about 2,000 employees in total.

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