Bank of America Corporation Global Capability Center (Hyderabad)

"Bank of America Corporation, headquartered in Charlotte, North Carolina, is one of the world's largest financial institutions with $113.1 billion in revenue (FY2024) and over 200,000 employees globally. The company operates in India through BA Continuum India Private Limited (BACI), a non-banking subsidiary established in 2003 that serves as the operating company for its Global Business Services. With approximately 29,390 employees across Hyderabad, Mumbai, Chennai, Gurugram, and Bengaluru, BACI delivers technology and operations capabilities to all of Bank of America's eight lines of business through a centrally managed, globally integrated delivery model.

The India GCC functions as a strategic innovation hub spanning software engineering, data engineering, cloud engineering, AI/ML, and digital transformation. Technology teams work on cutting-edge platforms including digital platforms technology for retail, preferred, small business, and wealth customers, as well as mobile and AI assistant channels like Erica. The centre also supports global markets technology covering equity, prime brokerage, interest rates, currencies, and derivatives. BACI has established strong architecture and enabling services functions that provide horizontal architecture services and support large transformation programs globally.

Bank of America continues to expand its India footprint with a new 1.11 lakh sq ft lease at Chalet Cignus in Powai, Mumbai, for nearly 11 years, reflecting long-term commitment to the market. The company has invested heavily in employee development and innovation, with multiple patents filed from the India team. BACI maintains strong diversity initiatives including an established LGBTQ+ network in India, employee engagement councils, and Great Place to Work programs, positioning itself as a premier employer in India's financial technology ecosystem."

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