Morgan Stanley and its people have helped redefine the meaning of financial services. The firm has continually broken new ground in advising both institutional and individual clients on strategic transactions in pioneering the global expansion of finance and capital markets, and in providing new opportunities for investors all over the world. With 1,200 offices in 43 countries, Morgan Stanley has more than 60,000 employees. In Autumn 2005, Morgan Stanley established the Mathematical Modeling Centre in Budapest to provide quantitative analysis to support the Firm’s global fixed income trading business. The decision to locate the centre in Budapest was based on the outstanding mathematical traditions in Hungary and the availability of high-quality talent. In July 2006, Morgan Stanley furthered its presence in the region by opening the Business Services and Technology Centre in Budapest to support its global business activities in North America, Europe and Asia. The office is located on the Danube in the new state-of-the-art Millennium City Centre and provides support across a variety of services including Information Technology, Financial Control, Operations, Credit Risk and Documentation.