3 weeks ago
Broadridge's Chris Perry: Data quality and AI shape finance's future
A company called Broadridge helps financial companies use computers and technology.
They have a big team in India that works with them.
Before, the India team mostly did tasks that other offices sent over.
Now, the India team helps create new products and ideas.
The company says AI is only as good as the data behind it, so good data is very important.
They built a tool called BondGPT that uses AI carefully and clearly.
Broadridge is also a leader in tokenised repos, a new digital way of trading money and bonds.
Every day, hundreds of billions of dollars are traded this way, and they expect it to reach one trillion dollars soon.
The company says India is not just a cheap place to work anymore, but a place full of smart people and new ideas.
That is why they are growing their teams in Bengaluru and Hyderabad.
US-based fintech firm Broadridge Financial Solutions is repositioning its India operations from a global capability centre into a transformation hub for products, technology and AI-led innovation.
Nearly one-third of Broadridge's global workforce is based in Bengaluru and Hyderabad, and the company says India teams help shape global strategy.
President Chris Perry says AI shifts the conversation from cost arbitrage to expertise and innovation, with engineering teams evolving into human-and-agent collaborative squads.
Broadridge has become the global leader in tokenised repos, with hundreds of billions of dollars traded daily and settlements expected to reach $1 trillion by the end of the year.
India is emerging as a growing market, with Broadridge investing in localised capabilities for India and neighbouring markets such as the Middle East and Malaysia.
- Who
- Chris Perry, president of Broadridge Financial Solutions, and the company's India teams.
- What
- Broadridge is repositioning its India operations into a transformation hub focused on products, technology and AI-led innovation in financial services.
- Where
- India (Bengaluru and Hyderabad), with investment in neighbouring markets including the Middle East and Malaysia.
- When
- Not explicitly dated in the article; tokenised repo daily settlements are expected to reach $1 trillion by the end of the year.
- Why
- To leverage deep domain expertise and AI to drive innovation, respond to market shifts faster than competitors, and serve India's growing digital economy.
Key facts
- Company
- Broadridge Financial Solutions (US-based fintech)
- Interviewee
- Chris Perry, President
- India workforce share
- Nearly one-third of global workforce
- India locations
- Bengaluru and Hyderabad
- Experience in India
- Over 30 years
- Tokenised repos
- Hundreds of billions of dollars traded daily; $1 trillion in daily settlements expected by year-end
- AI solution highlighted
- BondGPT
- Guiding principle
- "Trusted and Transformative"
Quotes
Chris Perry
President of Broadridge Financial Solutions
“Trust has always been at the centre of our business, which is why our guiding principle is to be “Trusted and Transformative.””
financialexpress.com
Sources
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