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25/01/2006
Citco Poised To Create 250 New Jobs
Independent global financial services organisation Citco, one of the world’s leading providers of hedge fund services, is to open a second administration centre and expand its existing data processing operation in Cork.
Attracting support of IDA Ireland, the two developments will create a total of over 250 new jobs and will offer careers in hedge fund, custody and support activities.
Minister for Enterprise, Trade and Employment Micheál Martin said: “These two developments will further strengthen Citco’s Irish operation and consolidate the success which the company has achieved to date in both Cork and Dublin."
The Minister added: "Citco are to be congratulated on their success in Ireland to date and their further commitment to this country with the implementation of these developments.”
Kieran Conroy, Managing Director of Citco Fund Services (Dublin), commented: “When we commenced operations in 1999, we recognised that Ireland represented a tremendous opportunity to develop our fund administration business, the quality of the workforce is very high and it is well educated and experienced in financial services.
"The decision to locate in Ireland has been fully vindicated and this expansion into a new location for our fund administration business reflects on our continued commitment to Ireland as a strategic location for our business. We expect to offer challenging and rewarding financial services opportunities to top quality graduates from third level colleges in close proximity to Cork, in addition to candidates with industry experience.”
Nicolaas Hofman, General Manager of Citco Data processing Services Limited, said: “Back in 2000, Citco was one of the first organisations within the investment management industry in Ireland to set up an operation outside of Dublin. The decision to choose Cork at that stage has enabled us to achieve our objectives of centralising our back office operations for our brokerage and custody business. Our decision to open in Cork in 2000 created excellent opportunities for graduates and experienced professionals within the industry outside of Dublin.”
Citco currently employs 600 people in Ireland and has been providing services to clients for over six years from three separate operations at its offices in Dublin’s International Financial Services Centre (IFSC) and at the Cork Airport Business Park.
The two new developments will be located in a new fully operational office at Tellengana House, Blackrock, Cork, and are being implemented to meet the continued growth in demand for Citco’s fund administration and custody services.
(SP)
Attracting support of IDA Ireland, the two developments will create a total of over 250 new jobs and will offer careers in hedge fund, custody and support activities.
Minister for Enterprise, Trade and Employment Micheál Martin said: “These two developments will further strengthen Citco’s Irish operation and consolidate the success which the company has achieved to date in both Cork and Dublin."
The Minister added: "Citco are to be congratulated on their success in Ireland to date and their further commitment to this country with the implementation of these developments.”
Kieran Conroy, Managing Director of Citco Fund Services (Dublin), commented: “When we commenced operations in 1999, we recognised that Ireland represented a tremendous opportunity to develop our fund administration business, the quality of the workforce is very high and it is well educated and experienced in financial services.
"The decision to locate in Ireland has been fully vindicated and this expansion into a new location for our fund administration business reflects on our continued commitment to Ireland as a strategic location for our business. We expect to offer challenging and rewarding financial services opportunities to top quality graduates from third level colleges in close proximity to Cork, in addition to candidates with industry experience.”
Nicolaas Hofman, General Manager of Citco Data processing Services Limited, said: “Back in 2000, Citco was one of the first organisations within the investment management industry in Ireland to set up an operation outside of Dublin. The decision to choose Cork at that stage has enabled us to achieve our objectives of centralising our back office operations for our brokerage and custody business. Our decision to open in Cork in 2000 created excellent opportunities for graduates and experienced professionals within the industry outside of Dublin.”
Citco currently employs 600 people in Ireland and has been providing services to clients for over six years from three separate operations at its offices in Dublin’s International Financial Services Centre (IFSC) and at the Cork Airport Business Park.
The two new developments will be located in a new fully operational office at Tellengana House, Blackrock, Cork, and are being implemented to meet the continued growth in demand for Citco’s fund administration and custody services.
(SP)
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04 April 2006
Citco Open New Premises In Cork
Minister for Enterprise, Trade and Employment Micheál Martin has officially opened the new premises for Citco at Tellengana, Blackrock Road, Cork. Citco is a global financial services company and a world leading provider of hedge fund services.
Citco Open New Premises In Cork
Minister for Enterprise, Trade and Employment Micheál Martin has officially opened the new premises for Citco at Tellengana, Blackrock Road, Cork. Citco is a global financial services company and a world leading provider of hedge fund services.
20 September 2010
Employment 'Hedged' In US-Dublin Move
An American firm is to create 50 jobs in hedge fund administration in Dublin. The Minister for Enterprise, Trade and Innovation, Batt O'Keeffe announced the new jobs in a financial services software firm that will be created over the next five years.
Employment 'Hedged' In US-Dublin Move
An American firm is to create 50 jobs in hedge fund administration in Dublin. The Minister for Enterprise, Trade and Innovation, Batt O'Keeffe announced the new jobs in a financial services software firm that will be created over the next five years.
21 November 2002
60 new jobs for Dublin and Mayo
US-based company Advanced Medical Optics Inc (AMO) has revealed that it is to push forward a number of developments which will see up to 60 jobs created in Co Mayo and Co Dublin.
60 new jobs for Dublin and Mayo
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21 January 2011
Builders Boosted As IT Complex Announced
Ireland's Enterprise Minister Batt O'Keeffe has announced that 150 permanent jobs are to be created by the setting up of an international shared services centre in Cork city. Leading US firm Quest Software will build the centre creating the new jobs in the cosntruction sector and then the 150 jobs in the business over the next three years.
Builders Boosted As IT Complex Announced
Ireland's Enterprise Minister Batt O'Keeffe has announced that 150 permanent jobs are to be created by the setting up of an international shared services centre in Cork city. Leading US firm Quest Software will build the centre creating the new jobs in the cosntruction sector and then the 150 jobs in the business over the next three years.
29 November 2010
Jobs On Way As Financial Services Campus Gets Green Light
Plans for a world-class financial services campus, to be located at Belfast's Titanic Quarter, (TQ) have moved one step closer following the formal granting of planning permission by the Department of the Environment for Northern Ireland.
Jobs On Way As Financial Services Campus Gets Green Light
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