FINANCIAL SERVICES company Fidelity Investments is to create 100 software jobs over the next three years as part of a €11 million investment at its Galway and Dublin facilities.
The company, which established a presence in Ireland in 1996, currently employs 240 technology staff.
The new positions will fall under the remit of Fidelity Technology Group (FTG), the division of the company which provides technology research, services and operations to the financial services company which operates in financial markets across the world.
The new jobs, which will range from entry level to management positions, will see candidates working in the area of software development, performance and test engineering, database development and management, systems analysis and QA.
Julia Davenport, senior vice-president of Fidelity Investments said the quality of the Irish workforce, the success of Fidelity’s existing operations in Ireland and the research carried out in Irish universities were key factors in the company’s decision to expand here.
“By expanding here, Fidelity is making a 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 services across the firm,” Ms Davenport added.
The initiative, which represents an investment of €11 million by Fidelity over three years, is supported by IDA Ireland.
“The addition of 100 highly skilled technology jobs is an excellent endorsement of Ireland’s flexible workforce,” said IDA Ireland chief executive Barry O’Leary.
ICT Ireland, the Ibec group that represents the high-tech sector, welcomed the announcement.
“This investment confirms the strength of the software sector in Ireland, which continues to grow in both value and numbers employed,” said ICT Ireland director Paul Sweetman.
