Financial solutions company opens new facility :Bangalore

Hyderabad, July 6 (suryaa) Broadridge Financial Solutions (India) Private Limited, a Hyderabad-headquartered subsidiary of Broadridge Financial Solutions Inc, opened its state-of-the-art facility in Bangalore on Thursday.

The new facility will enable Broadridge to hire up to 1,500 new IT professionals in the future to accommodate growing business demands, the company said in a statement here.

Broadridge is a global fintech leader, provides investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and corporate issuers globally.

It 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 development of new capabilities related to block chain, artificial intelligence and other disruptive technologies.

"Our expansion in Bangalore marks a new milestone for Broadridge India, highlighting the value of our team's growing contribution to the global business, our world class talent, and culture of innovation and collaboration," said Managing Director of Broadridge India V. Laxmikanth.