Morgan Stanley Budapest named best BSC in Hungary
Morgan Stanleyʼs Budapest office, specializing in tech, financial and risk analysis and mathematical modeling, has been recognized as Hungaryʼs best business services center (BSC) at the annual CEE Business Services Summit & Awards gala in Warsaw, according to a press release sent to the Budapest Business Journal.
The company bested six other candidates for the "Business Services Firm - Hungary" recognition, awarded by an international jury of industry professionals.
"We are extremely proud of this recognition, which we received chiefly thanks to the professional, high-quality work of our colleagues working in Hungary," said László Hajdu-Németh, operative director of the Budapest office. "Our office opened in 2006 with a 30-person mathematical modeling branch, becoming an important technological and analytical center in Morgan Stanleyʼs global network in the past 12 years."
Budapest supports the company groupʼs operations in multiple areas, the press release says. Nearly half of the employees are involved in IT - especially infrastructure related to the bankʼs operation, and there are significant numbers of people in the financial, risk analysis, mathematical modeling, operational, and legal documentation branches as well.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.