Social ,11 Apr 2025

Broadridge Financial to Expand India Operations: Powering Global Fintech from the Subcontinent

Broadridge Financial Solutions, a global fintech leader in investor communications, financial data, and technology solutions, has announced a major expansion of its operations in India. With over two decades of presence in the country, Broadridge’s latest move underscores India’s rising strategic importance as a technology and innovation hub for global financial services.

This expansion signals not just growth for Broadridge, but also increased opportunities for India’s tech talent, deepening the country's role in global fintech transformation.

 

Why India? Strategic Drivers Behind the Expansion

Broadridge, which already employs thousands across its development centers in Hyderabad and Bengaluru, is set to ramp up hiring, invest in new infrastructure, and accelerate digital transformation programs from India.

Key Drivers:

1. Scalable Talent Pool: India boasts one of the world’s largest pools of skilled professionals in fintech, blockchain, AI/ML, and cybersecurity.
2. Cost-Effective Innovation: India offers high-quality engineering at competitive costs, making it a key enabler for global product development.
3. 24/7 Delivery Model: Time zone advantages support round-the-clock client service and agile development cycles.
4. Digital-First Government Policies: Pro-fintech and pro-innovation policies enhance ease of doing business for global tech giants.

 

Focus Areas: Where Broadridge Is Investing in India

Broadridge’s expansion will center around:

1. Product Development & Engineering

India teams will take lead on next-gen solutions in:

1. 1. Distributed Ledger Technology (DLT) for post-trade processing
   2. Cloud-based wealth and asset management platforms
   3. ESG analytics and reporting tools

2. AI and Automation Initiatives

Broadridge aims to double down on AI-driven trade reconciliation, chatbot-based investor services, and predictive risk analytics – all spearheaded by its Indian talent.

3. Cybersecurity & Compliance Tech

As regulatory demands tighten globally, the India arm will help develop secure, scalable compliance and surveillance solutions tailored for global clients.

4. Innovation Labs

The company is also expected to launch Fintech Innovation Labs in India, focusing on blockchain pilots, GenAI for capital markets, and cross-border payment technologies.

 

What Leaders Are Saying

“India has played a pivotal role in driving Broadridge’s digital transformation journey. With this expansion, we reaffirm our commitment to tapping into India’s innovation potential,”
— Chris Perry, President, Broadridge Financial Solutions

“Our India teams are central to our global strategy. We are not just building capacity, but leadership and innovation that drive real-world impact,”
— Vijay Mayadas, President of Capital Markets, Broadridge

 

Job Creation & Infrastructure Boost

As part of this expansion, Broadridge will:

1. Hire over 3,000 additional professionals in the next 2–3 years
2. Invest in new delivery centers and technology campuses
3. Increase partnerships with Indian engineering colleges and fintech incubators

This is expected to create jobs not just in IT, but also in areas like HR, operations, legal, and financial compliance, making Broadridge one of the most sought-after employers in India’s BFSI tech space.

 

Broadridge’s Global Footprint, Made in India

With clients spanning the world’s top banks, asset managers, and broker-dealers, Broadridge’s India team is instrumental in building and maintaining mission-critical infrastructure. Over 50% of the firm’s global software development is now done in India.

This move also aligns with the broader trend of “global capability centers (GCCs)” in India playing a leadership role in global innovation – not just support.

 

What This Means for India’s Fintech & IT Sector

Impact Area	Implication
Jobs & Skills	Upskilling and job creation across emerging technologies
Exports & Economy	Boost in software exports and service revenues
Startup Ecosystem	Greater collaboration and potential investments
Policy Alignment	Reinforces India’s position in ‘Techade’ and ‘Make in India’ for global markets

 

Conclusion

Broadridge’s decision to expand its India operations highlights the country's critical role in shaping the future of financial technology globally. This move not only empowers Indian talent but also solidifies India as a center of excellence for innovation, resilience, and fintech leadership.

With companies like Broadridge doubling down on India, the message is clear — the future of global fintech is being built here.