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Chennai, July 23 iNautix Technologies India Pvt Ltd, a subsidiary of US-based Pershing LLC and the Bank of New York Mellon Corporation, has expanded its facility (its third in the city) at the Ascendas International Tech Park in Chennai.

It plans to hire nearly 300 employees to end the year with a total of 2,200 in Chennai, according to Mr Suresh Kumar, Managing Director, Pershing.

It will also expand in Pune with an 80,000 sq ft facility to accommodate around 880 employees. This facility is likely to be operational by next year, he told newspersons.

iNautix is a dedicated IT service provider for Pershing, whose customers are essentially stock brokers in US and Europe. The Chennai centre does 50 per cent of the IT work for Pershing, and the balance is by the IT team of Pershing in the US.

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