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Hyderabad, June 27 Broadridge Financial Solutions Inc, a NYSE-listed company, today announced plans to invest $6 million in India expansion project.

Formerly, part of the ADP Brokerage Service Group, Broadridge was spun off into a separate company with own operations in India, including a separate development and support team.

With $2 billion in revenues, the company provides technology-based outsourcing solutions to the financial services industry covering integrated solutions for investor communications, securities processing, clearing and outsourcing solutions.

The Corporate Vice President and Chief Human Resource Officer, Broadridge Financial Solutions, Mr Richard Berke, said: “India plays a strategic role in Broadridge’s global business. It is proposed to step up work out of India covering development and support functions.”

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