Fintech player TradeIX to expand Dublin HQ with 70 new jobs
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Fintech player TradeIX to expand Dublin HQ with 70 new jobs

15 Mar 2019751 Views

TradeIX is a proponent for using blockchain and other digital platforms to transform finance.

Fintech platform provider TradeIX is to expand its global headquarters in Dublin with the creation of 70 new jobs.

The new roles will be spread across engineering, sales, customer service and product development.

‘Ireland’s global reputation as a blockchain centre of excellence is strengthened by TradeIX’s decision to expand in Dublin’
– MARTIN SHANAHAN

TradeIX is a fast-growing, global company founded in 2016 by a team of experts in trade finance, blockchain technology and enterprise software. It challenges the status quo of today’s siloed and manual-intensive trade finance solutions, by bringing innovation to banks and their corporate clients.

The company is headquartered in Dublin with offices in London, Kettering and Singapore, and operations in Germany and the US.

Powering the future of finance

“TradeIX established its global headquarters in Dublin with over 35pc of its workforce based in the Irish capital,” said TradeIX founder and CEO Robert Barnes.

“We are building the world’s first distributed trade finance platform powered by Corda blockchain technology, and the Irish operation plays a pivotal role in developing and scaling the company’s solutions,” he added.

In 2017, TradeIX was selected as the technology platform for the Marco Polo Network, a joint undertaking by R3, TradeIX and many of the world’s foremost financial institutions, including BNP Paribas, ING, Commerzbank, LBBW, Anglo-Gulf Trade Bank, NatWest, Natixis and SMBC.

Minister for Finance Paschal Donohoe, TD, said TradeIX is a welcome addition to Ireland’s growing fintech community.

“This location decision underscores the attractiveness of Ireland for investment in highly skilled, knowledge-intensive areas of activity,” he said.

The TradeIX investment in Dublin is supported by the Irish Government through IDA Ireland.

“Ireland’s global reputation as a blockchain centre of excellence, attracting international companies to make use of Ireland’s well-developed technological and research sectors, is strengthened by TradeIX’s decision to expand in Dublin,” said IDA Ireland CEO Martin Shanahan.

By John Kennedy

John Kennedy is an award-winning technology journalist who served as editor of Siliconrepublic.com for 17 years. He joined Silicon Republic in 2002 to become the fulcrum of the company’s news service. He received of the Irish Internet Association’s NetVisionary Technology Journalist Award 2005 and saw Siliconrepublic.com awarded ‘Best Technology Site’ at the Irish Web Awards seven times. In 2011 he received the David Manley Award commending him for his dedication to covering entrepreneurs. His interests include all things technological, music, movies, reading, history, gaming and losing the occasional game of poker.

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