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As a part of the U.S. expansion plan, Global IT firm Infosys has announced to hire about 300 local jobs in Pennsylvania.
“The company will recruit for a range of opportunities across technology and digital services, client administration, and operations as it expands its new Retirement Services Center of Excellence (the Center),” Infosys in its statement said.
Speaking on the announcement made by Infosys, Pennsylvania Governor Tom Wolf said, “My administration welcomes Infosys to Pennsylvania, and looks forward to the growth and success of its new Retirement Services Center of Excellence in Chester County.”
“Our commonwealth is known worldwide for its leadership in technology and innovation, and Infosys’s expansion is a testament and welcome addition to that legacy. The company’s commitment to supporting the local workforce will provide new opportunities to the region, and we are proud that this international company has selected Pennsylvania as a place to settle, grow, and expand,” Wolf added.
Speaking on the expansion plan, Mohit Joshi, President at Infosys said, “We are committed to growing Infosys’ footprint in the financial services space in the U.S. Our Retirement Services Center in Pennsylvania is one example of how we realize this aspiration.”
“This Center will focus on technology and innovation that will enable the retirement industry to navigate its way to lower costs, enhanced experiences, and better outcomes for retirement savers,” Joshi added.
“The Center will develop technology solutions and services to help firms capitalize on the opportunities emerging at the intersection of employee benefits, wealth management, and digital transformation, beginning with a focus on the employee-sponsored retirement plan experience. The Center was conceived last year following the partnership forged with Pennsylvania-based investment management firm Vanguard,” the company said.
“The firm serves half of the top 20 retirement service firms in the U.S., helping them manage risk, improve their participants’ experience, and deliver better outcomes with leverage from digital solutions,” the statement said.
“Our business model is about finding the best workforce, training the best workforce, and deploying the best workforce to enable our clients to thrive,” said Martha King, Executive Vice President, and Chief Client Officer at Infosys.
“Southeastern Pennsylvania, so well-known for its talent, innovation, and successful enterprise, offers the opportunity for us to strengthen our workforce on behalf of our clients here in the region and beyond,” Martha said.