Saxo Bank expands in India

Saxo Group India, part of the Saxo Bank Group, has expanded its presence with the move to a new and bigger office in Gurugram to accommodate future growth with a plan to increase headcount by 20 % in 2018.

Established through an acquisition in 2010, Saxo Group India employs more than 500 people primarily within IT and operations. The organisation in Gurugram works with Saxo Bank’s headquarter in Copenhagen as one team to continuously improve the core of the Bank which is the trading technology and platforms that give clients access to more than 35,000 financial instruments across asset classes and geographies.

According to Deepak Gupta, COO at Saxo Group India, the company is making major investments in IT with the aim of digitising the whole value chain and leveraging new technology. Kim Fournais, CEO & founder at Saxo Bank, said despite being more than 25 years old, Saxo has never stopped thinking like a start-up,.

Saxo Group India has been instrumental in the journey to become a leading fintech specialist and our team in Gurugram has grown eightfold to more than 500 extremely skilled and dedicated Saxonians. We look forward to welcoming even more talented people in the near future.”