Broadridge Financial Solutions (India) Private Limited, a subsidiary of Broadridge Financial Solutions, Inc. (NYSE:BR), announced today the opening of its state-of-the-art facility in Bangalore, India. The new facility will enable Broadridge to hire up to 1,500 new IT professionals in the future to accommodate growing business demands.
Broadridge Financial Solutions, Inc. (NYSE:BR)is a global fintech leader, provides investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and corporate issuers globally.
Broadridge employs more than 3,000 associates in its offices in Delhi and Hyderabad and has had a presence in India for more than 10 years. Associates at these locations are dedicated to technology and innovation, including the developmentof new capabilities related to blockchain, artificial intelligence and other disruptive technologies.Located in Whitefield, Bangalore, the new facility augments Broadridge India's delivery capabilities with greater access to the enormousIT/software talent in the cityThe multistory office,occupying over 172,000 sq. ft. of space across 5 floors, provides the space needed for Broadridge to grow its staff in the coming years.
"Our expansion in Bangalore marks a new milestone for Broadridge India, highlighting the value of our team's growing contributionto the global business, our world class talent,and culture of innovation and collaboration," said V. Laxmikanth, Managing Director, Broadridge India. "I'm confident that withthis additional facility,we willdeepen our synergistic relationships with our local and global partners, allowing us to further tap into the great talent poolof an advanced IT ecosystem."