Capital IQ, a Standard & Poor's business and global leader in delivering financial data and analysis, announced the opening of two new office facilities in Hyderabad and Gurgaon, India. The new facilities further strengthen the company’s industry-leading analytics and financial software capabilities, and will allow it to better serve financial, corporate and investment professionals around the world. The offices will consolidate Capital IQ’s current Indian operations and provide space to significantly expand the company’s overall employee base in Southeast Asia.
“The globalization of the financial markets has created a strong demand for essential information, analysis and insight that help market participants make better decisions and achieve positive outcomes,” said Harold McGraw III, chairman, president and chief executive officer of The McGraw-Hill Companies, which is the parent company of Standard & Poor’s. “Capital IQ’s new facilities in Hyderabad and Gurgaon will further enhance the data, analytical tools and digital offerings we deliver to the desktops of tens of thousands of financial professionals around the world.”
McGraw visited the new facility in Gurgaon today as part of a weeklong trip to India to further deepen McGraw-Hill’s relationships with customers, partners, employees and policymakers.
Capital IQ’s current Hyderabad operations will relocate to an office building located in the heart of “HITEC City” in Hyderabad. This facility will house the largest and most advanced fundamental research and data collection operation in the world, with well over 3,500 employees focused on building high quality data products. Capital IQ’s new facility in Gurgaon will consolidate research, data collection, sales, and quality assurance operations as well as allow for expanded hiring efforts. Capital IQ clients in Southeast Asia will now have better access to sales, technical support, and a wealth of global data sets vital to the everyday workflow of financial professionals.
“This increased investment in our sales, data collection, and quality assurance operations in Hyderabad and Gurgaon will allow us to accelerate our business objectives not only in India, but around the world” said Randall Winn, executive managing director of Capital IQ. “Our new facilities will enable us to keep pace with the increasing needs of our rapidly-growing client base in Southeast Asia, grow our team over time, and enhance our ability to provide the highest quality products to our clients globally.”
In addition to Capital IQ’s India operations, Capital IQ has recently opened new offices in Tokyo and Singapore to further support local client growth in Southeast Asia and to supplement existing operations in Hong Kong and Beijing. Capital IQ also recently opened a new, expanded facility in Manila to support its rapidly-growing research operations there.