Asset Control, a global provider of data technology for financial institutions, is to create 50 new jobs in Dublin with the expansion of its financial technology operation, Enterprise and Innovation Minister Richard Bruton and IDA Ireland announced today.
Asset Control manages large volumes of financial market and reference data employed for business activities, including research, trading, operations, risk management and compliance. Some of the company’s clients include Scotiabank, Credit Suisse and BNP Paribas Securities Services.
The company said the new jobs in Dublin will be open to a mix of graduates and senior developers.
“Asset Control is a very welcome addition to Ireland’s portfolio of financial technology companies. Ireland’s financial services sector continues to attract cutting-edge companies that will help to further enhance Ireland’s reputation as a smart economy,” Bruton said.
Phil Lynch, president and CEO of Asset Control, said, “The quality of software and specialist technological skills available in Ireland allows us to expand our staff and therefore effectively continue to offer a high level of service to our global client base. I look forward to the continued development of Asset Control in Ireland and thank IDA Ireland for its support.”
Barry O’Leary, chief executive officer of IDA Ireland, said there are 25,000 people employed in Ireland across banking, investment funds and insurance. "This makes Ireland an ideal location for companies in the financial technology sector,” he said.