Fifty jobs are to be created at international finance firm Asset Control with the expansion of its operations in Dublin.

The Docklands-based company, which supplies investment data and information to companies, is making the investment with the support of IDA Ireland.

Minister for Jobs, Enterprise and Innovation Richard Bruto said the expansion is a welcome addition to Ireland's finance technology sector.

"Ireland's financial services sector continues to attract cutting-edge companies that will help to further enhance Ireland's reputation as a smart economy," he said.

Asset Control provides financial services firms with the ability to process and manage market data for their business including research, trading, operations, risk management and compliance. Its clients include Scotiabank, Credit Suisse, and BNP Paribas Securities Services.

Chief executive Phil Lynch said Dublin was chosen because of the quality of software and specialist technological skills.