Company overview
- Sector
- Banking, Financial Services & Insurance
- Sub-sector
- Financial Services
- Mandate (derived)
- Multi-Function / Full-Stack GCC
- Parent headquarters
- Zuerich, Zuerich, Switzerland
- Parent revenue (USD)
- $59,100,000,000
- Parent headcount
- 44,778
- India headcount
- 3,000+
GCC locations
- Hyderabad
- Mumbai
GCC notes
Wealth management, investment banking technology and risk platforms
Department mix
Global department counts, used as a proxy for the India mandate. These are not India team counts.
Technology stack
- .NET
- 3M 360 Encompass - Health Analytics Suite
- ACL
- ADP SmartCompliance®
- AI
- AMP
- ANGEL LMS
- ARGUS Developer
- ASP.NET
- AWS Analytics
- AWS AppSync
- AWS Elastic Load Balancing
- AWS Organizations
- AWS SDK for JavaScript
- AWS Transfer for SFTP
Public leadership
Elango Somasundaram
Managing Director & CTO - India
Public leadership listed in the dataset; the role is not necessarily the India GCC head.
Key roles
Software Engineers (Wealth/Investment Platforms); Data Scientists; Risk Analysts; Business Analysts; Cloud Engineers
Research overview
UBS Group AG is a Swiss multinational investment bank and financial services company, and the world's largest wealth manager, operating through Global Wealth Management, Personal & Corporate Banking, Asset Management and Investment Bank divisions across more than 50 countries, a footprint expanded further after acquiring Credit Suisse in 2023.
- India launch
- 2026
- Maturity
- Multi-Function / Full-Stack GCC
UBS India's mandate spans wealth-management and investment-banking engineering, data science, risk analytics and business-analyst functions, and the newly opened Hyderabad centre is positioned as a growth hub across technology and AI alongside existing Mumbai operations.
Location rationale
UBS Country Head India and Group Technology Officer Matthias Schacke said Hyderabad "continues to be an important growth location for UBS, thanks to its strong talent pool, supportive policies and excellent infrastructure."
Timeline
- 2026
UBS opens a new Global Capability Centre in Hyderabad, inaugurated with Telangana state officials, with plans to add roughly 3,000 roles over the following two years even as it cuts jobs in Switzerland.
- 2026
UBS India CTO Elango Somasundaram speaks on agentic AI and enterprise technology strategy at DevSparks Hyderabad 2026.
News and developments
UBS plans to hire 3,000 new roles in India as it axes jobs in Switzerland
UBS opened a new Global Capability Centre in Hyderabad and said it plans to add about 3,000 roles in India over the next two years, even as it reduces headcount in Switzerland.
2026-02-11 Reuters ↗
UBS Joins Foreign Banks Expanding India Global Capability Hubs
UBS opened a new global capability centre in Hyderabad as foreign financial firms continue expanding in India to access local talent.
2026-02-11 Bloomberg ↗
Context is the new intelligence in agentic AI
UBS India Managing Director and CTO Elango Somasundaram spoke at DevSparks Hyderabad 2026 about the shift from copilots to context-aware, agentic AI systems.
2026-08-24 YourStory ↗
Sources
Sources and research notes
Source: Indian GCC 2026 Master Compendium, Company Master and research records. Sector, mandate and public leadership are derived fields. Missing values are shown as not disclosed. Revenue and global headcount describe the parent company, not the India centre.