Sri Lankan based Millennium IT to change its name to London Stock Exchange Group Technology - Opportunity Sri Lanka
Sri Lankan based Millennium IT to change its name to London Stock Exchange Group Technology

Sri Lankan based Millennium IT to change its name to London Stock Exchange Group Technology

A Sri Lanka-based unit of London Stock Exchange Group (LSEG), Millennium IT, has reportedly announced that the company is changing its name to LSEG Technology.
A statement issued to the media on the matter has stated that LSEG Technology’s systems process over a billion transactions a day processing over one trillion euro of transaction value.
“The organization supports over 40 financial market infrastructure and financial services firms across the world,” the statement has added.

OSL take:

Sri Lankan based Millennium IT is yet another success story of a company that has grown in Sri Lanka. The announcement of its change of name to Stock Exchange Group Technology supporting over 40 financial market infrastructure and financial services firms across the world is indicative of the quality of businesses that have set up base in Sri Lanka. Therefore foreign businesses could confidently look at setting up base in Sri Lanka.

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Article Code : VBS/AT/20181017/Z_4

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