Financial services giant Fidelity Investments is to create 200 new jobs in Dublin and Galway involving a diverse mix of technology, back office operations and enterprise services skills.
The IDA Ireland-backed investment will see new employees – ranging from entry-level to management positions – join highly integrated global teams providing finance, treasury, HR and end-user computing services.
Fidelity Investments established its presence in Ireland in 1996 and currently employs almost 500 technology and operations professionals at office locations in Galway and Dublin.
In 2011, Fidelity Investments announced its intention to hire 100 new technology professionals. In fact, this number more than doubled earlier this year with a final overall addition of more than 250 employees.
“Ireland is a proven market in which Fidelity can continue to develop a vital part of our increasingly global organisation,” said Travis Carpico, president of Fidelity Investments Ireland.
“By continuing to expand here, Fidelity is building on its strategic, long-term decision to invest in a region with a well-educated, highly skilled workforce from which we can draw the quality talent needed to provide a diverse range of services to multiple businesses across the firm. We’re pleased to be collaborating with the IDA again and want to thank them for their continued partnership.”
Carpico added: “With financial markets active around the clock and Fidelity operating in multiple, global financial markets simultaneously, it’s imperative that the firm has the resources to power Fidelity’s world-class asset management and research organisations.”
Fidelity Investments is one of the world’s largest providers of financial services, with assets under administration of US$3.8trn, including managed assets of US$1.7trn, as of 30 September 2012.
“Fidelity Investments is one of the most prestigious marquee names in world finance,” said Barry O’Leary, CEO at IDA Ireland.
“This latest announcement is a vote of confidence in Ireland’s financial and technological infrastructure. Fidelity Ireland has continued to expand its business since beginning its Irish operation over 16 years ago,” O’Leary said.
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