AP News Business Broadridge (ADP Brokerage) plans $6 mn facility in Hyderabad
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| Broadridge (ADP Brokerage) plans $6 mn facility in Hyderabad |
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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.             |