Financial firm to create 150 Dublin jobs

A total of 150 new jobs have been announced for Dublin today.

Financial firm to create 150 Dublin jobs

A total of 150 new jobs have been announced for Dublin today.

Independent fund administration company the Butterfield Fulcrum Group is expanding its operations in the city, bringing its total workforce to 250.

The new jobs will be in the areas of middle office and customer relationship management.

The Government has been working through the IDA to secure the investment.

Making the announcement today, Minister for Jobs Richard Bruton said the news is testament to the excellent skills that are available here.

Making the announcement, Minister Bruton said: “International financial services is a key sector targeted in the Government’s plan for jobs and growth, and in the past 18 months we have implemented a number of changes to support expansion and job-creation in this sector.

“Over recent months we have seen some positive announcements in this field, and today’s announcement this leading international company is creating an additional 150 jobs in Dublin is very welcome.

“This is testament not only to the business environment for international financial services which we have created but also to the excellent skills that are available here. The Government will continue to work hard, through the Action Plan for Jobs, on implementing the necessary changes to ensure that we can see further announcements like this in the near future.”

Commenting on the announcement, Glenn Henderson, CEO of Butterfield Fulcrum said: “Butterfield Fulcrum has had a very positive experience in Dublin.

“Our experience with the Irish labour market has been phenomenal. Our clients have been very impressed with the calibre of those we have hired in Ireland. Today's expansion is as a result of this success."

Welcoming the announcement, Barry O’Leary, CEO of IDA Ireland said: “The expansion of Butterfield Fulcrum in Dublin adds to the established reputation of Ireland as a global centre for fund administration and will enhance Ireland’s profile within the hedge fund industry globally.

“The success and accelerated growth of the company’s Irish operations demonstrates Ireland’s ability to host international financial services companies and provide the highly skilled employees they require for rapid growth.”

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