The American company fintech Broadridge Financial is planning a significant expansion, with a 26% increase in its technical staff in India, that is, 6,800 additional people over the next three years. This strategic move comes as Broadridge prepares to conquer the dynamic market of the world’s most populous country. Prestigious clients such as JPMorgan Chase, Bank of America, and Wells Fargo testify to its leading position in the industry. Furthermore, Broadridge already stands out with its number 3 position in the IDC FinTech 2023 ranking, highlighting its role as a leader among industry giants. With continued growth in its profits, driven by robust demand in its key sectors, the company asserts its presence on the international stage of financial technologies.
The American fintech company Broadridge Financial plans to increase its technical workforce in India by 26% over the next three years. This expansion aims to reach 6,800 people, in preparation for selling its products in this fast-growing demographic country.
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ToggleBroadridge Strengthens in India
The American company fintech Broadridge Financial plans a significant increase in its technical staff in India over the next three years. This strategic development expects growth of 26%, reaching a total of 6,800 employees. This expansion aims to strengthen their presence in the Indian market, which is the most populous country in the world. Such an initiative reflects the growing importance of the Indian market for global technology companies. To learn more, check out this article on Boursorama.
Broadridge’s Expansion Strategy
The increase in staff in India is part of a broader digital transformation strategy pursued by Broadridge. As the company seeks to improve its product offerings and attract new clients, it continues to develop its international presence by prioritizing regions with growth potential. This decision aligns with Broadridge’s ambitions to more actively sell its products in India, targeting clients from major banks such as JPMorgan Chase and Bank of America. For additional details about their strategy, follow this link.
Financial Performance and Recognition
Recently, Broadridge Financial recorded a strong increase in its profits, notably due to growing demand in its main business units. These results reflect the solidity of the company in an ever-evolving sector. The number 3 ranking in the 2023 IDC FinTech Rankings Top 100 further emphasizes Broadridge’s position as one of the leaders in fintech. For more insights on the ranking, visit the official Broadridge website.