A US-based financial services software company is to create 50 jobs in Dublin over the next five years, it was announced today.
Fi-tek plans to open a European headquarters and customer support operation in Dublin. The facility will support clients of Fi-Tek’s HedgeTek software product.
Minister for Enterprise,Trade and Innovation Batt O’Keeffe said the IDA Ireland-backed investment was “significant” for Ireland’s financial services sector.
“Ireland is the largest hedge fund administration centre in the world with almost half of all global alternative investment funds operated from here,” he said.
“Fi-Tek’s decision to establish a European headquarters in Dublin shows we can out-perform rival locations for major global investments in the financial services sector.”
Fi-Tek managing director Peter Marshall said the availability of highly skilled personnel, a pro-business environment and the presence of many of its clients were key to its decision to locate here.
