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Sorainen Advises Nasdaq on Technology and Business Support Competence Center in Vilnius

Sorainen Lithuania has advised Nasdaq on establishing a new technology and business support competence center in Vilnius as well as on employment law and data protection matters related to hiring new employees. During the first half of 2015 Nasdaq plans to hire about 50 specialists, who will be located at a new office in Vilnius.

Nasdaq is the leading global operator of exchanges and provider of capital markets technology. Currently, Nasdaq trading, clearing, surveillance and risk management technology powers more than 70 marketplaces, clearing houses, central securities depositories and regulators from over 50 countries around the globe. Nasdaq operates 24 securities markets, 5 central securities depositories and 1 clearing house in the US and Europe, including the Baltic Market – Estonia, Latvia and Lithuania. The Baltic States are increasingly demonstrating strong growth potential and advanced infrastructure, as well as an internationally recognized strong talent pool. Nasdaq has decided to leverage these assets by establishing a new global technology and business support competence centre in Vilnius. Nasdaq operates similar centres in Stockholm, Sydney, Bangalore, Philadelphia, and Manila. 

“This is a great step forward for Nasdaq and for Lithuania,” said Arminta Saladziene, Head of Nasdaq Baltic. “In addition to providing new jobs to the region, it will provide an opportunity for our skilled specialists to gain new experience by working with global financial markets and cutting-edge technologies. The Nasdaq brand has strong global recognition, and this will certainly further increase international visibility and awareness of Lithuania and its strong talent pool.”  The 

The Sorainen team was led by Partner Algirdas Peksys and included Senior Associates Jurgita Venckute, Agniete Venckiene, and Associates Laura Ryzgelyte and Gerda Bernotaite.

Last modified onMonday, 23 March 2015 06:36
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