| "Eighty eight per cent of our revenues at present are from the US. We would like to have more revenues outside of this country," company's chief executive officer Richard J Daly, told Business Standard. |
| In the fiscal 2007, the company, a provider of technology-based outsourcing solutions to the financial services industry, posted a revenue of over $900 million. It has been registering an average annual growth rate of 5 per cent in revenues and over 10 per cent in earnings. |
| Daly said Broadridge's India centre played a crucial role in making the company the "outsourcer of choice" around the globe. The centre accounted for 20 per cent of the work undertaken by Broadridge worldwide. |
| Broadridge India managing director, V Laxmikanth, said the company had so far invested $6 million (about Rs 24 crore) in its centre in Hyderabad. In the past one year, the centre had added 200 associates taking the total headcount to 650. |
| He said the focus area of the India centre would be on providing securities clearing services and operations outsourcing solutions to brokers of all sizes. "We are also making a lot of investments to equip our associates to make them subject matter experts," he said. |
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