First American Corporation has set up First American (India) Private Limited as a wholly owned subsidiary of its group entity First American Holdings (Mauritius) Limited. The plan was set up operations in India in order to carry on the business of back office / process and knowledge outsourcing services & software services.
THE FIRST AMERICAN CORPORATION (NYSE: FAF) www.firstam.com, is a Fortune 500 company that traces its history to 1889. With revenues of approximately $8.2 billion in 2007, it is Americas largest provider of business information. First American combines advanced analytics with its vast data resources to supply businesses and consumers with valuable information products to support the
major economic events of peoples lives, such as getting a job, renting an apartment, buying a car or house, securing a mortgage and opening or buying a business.
First American provides the technology, expertise and comprehensive selection of title and settlement services to meet customer needs. Drawing on more than a century of experience and innovation, First American is the single source for accurate, efficient and cost-effective title and settlement solutions.
The India strategy was to form FAI to fulfill the business plan for Back office & Software support services pertaining to the Financial Services Business at Bangalore & Hyderabad . FAI works with over two lakhs square feet under lease with Ascendas Group in Bangalore & Hyderabad. FAI has a headcount over 3500 FTE working 24/6 hours of operations. FAI services diverse verticals in its BPO business segment from transaction processing, Title search, Claims, Title default services, Internal Audit for US offices, Finance & Accounting support across US, UK & Canada.
FAI also provides various Software Services ranging from development, maintenance to network management & remote desktop maintenance.
