By IANS
Hyderabad : Broadridge Financial Solutions Inc, formerly known as ADP Brokerage Services Group, Wednesday announced plans to invest $6 million to expand its outsourcing operations in India.
The investment would be made in establishing its state-of-the-art facility in Hyderabad by June next year. The $2 billion global provider of technology-based outsourcing solutions to the financial services industry has a wholly owned subsidiary, Broadridge Financial Solutions (India) Private Ltd.
Richard Berke, corporate vice president and chief human resources officer, Broadridge Financial Solutions, told a news conference here that the firm planned to increase the headcount from 500 to 700 by next fiscal.
"India plays a strong role in Broadridge's business strategy. We are constantly looking at expanding our presence in India – we have a team of highly-engaged associates in Hyderabad committed to serving our client base," he said.
"We are looking at continuing to leverage India's capacious talent pool of R&D, finance and BPO professionals," he said.