Menu
07/03/2006
HP Financial Services Expands Its Operations In County Kildare
Hewlett-Packard Financial Services, one of the world’s leading captive financial services companies, is to expand its Europe, Middle East and Africa (EMEA) headquarters in Leixlip, Co. Kildare, with the centralisation of further activities at the facility.
Supported by IDA Ireland, 110 high value financial services jobs will be created by the end of 2006, mostly for graduates with financial, marketing, multilingual and customer relationship skills.
Hewlett-Packard International Bank, is a fully licensed bank, located at the Leixlip headquarters. It is one of the largest IFSC banks in Ireland with an after-tax profit of €50 million in 2005. It allows HP Financial Services to offer information technology (IT) equipment financing solutions to Hewlett-Packard’s customers, currently on a pan-European basis. HP Financial Services currently employs 250 people in Leixlip.
Paul Sheeran, Managing Director of Hewlett-Packard International Bank, said: “Lifecycle financial services is fuelling new growth within the IT industry and as such is a key priority area for Hewlett-Packard. Our customer base is increasingly looking for packages that reduce their total cost of ownership on IT infrastructure. Therefore, a core part of our strategy is to ensure we differentiate ourselves by offering innovative and flexible financial options to add value.”
According to Mr. Sheeran, the influencing factors in the choice of Ireland for the EMEA headquarters included the requirement for an educated and skilled professional workforce. “The experience of Hewlett-Packard in Ireland, where we employ more than 4,000 people, gives us first hand knowledge of the quality of the people here, and that was certainly a key factor. Other factors included the strong support from IDA Ireland, the highly respected regulatory environment and Ireland’s excellent reputation as a base for financial services companies.”
(CD/SP)
Supported by IDA Ireland, 110 high value financial services jobs will be created by the end of 2006, mostly for graduates with financial, marketing, multilingual and customer relationship skills.
Hewlett-Packard International Bank, is a fully licensed bank, located at the Leixlip headquarters. It is one of the largest IFSC banks in Ireland with an after-tax profit of €50 million in 2005. It allows HP Financial Services to offer information technology (IT) equipment financing solutions to Hewlett-Packard’s customers, currently on a pan-European basis. HP Financial Services currently employs 250 people in Leixlip.
Paul Sheeran, Managing Director of Hewlett-Packard International Bank, said: “Lifecycle financial services is fuelling new growth within the IT industry and as such is a key priority area for Hewlett-Packard. Our customer base is increasingly looking for packages that reduce their total cost of ownership on IT infrastructure. Therefore, a core part of our strategy is to ensure we differentiate ourselves by offering innovative and flexible financial options to add value.”
According to Mr. Sheeran, the influencing factors in the choice of Ireland for the EMEA headquarters included the requirement for an educated and skilled professional workforce. “The experience of Hewlett-Packard in Ireland, where we employ more than 4,000 people, gives us first hand knowledge of the quality of the people here, and that was certainly a key factor. Other factors included the strong support from IDA Ireland, the highly respected regulatory environment and Ireland’s excellent reputation as a base for financial services companies.”
(CD/SP)
Related Northern Ireland Recruitment News Stories
Click here for the latest headlines.
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
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.
28 January 2011
Green Financial Services 'May Create 7,000 Jobs'
The current Taoiseach, Brian Cowen, has announced he believes new 'green' financial services could produce 7,000 jobs and "put Ireland at the heart of green business". According to Mr Cowen today, the Green International Financial Services Centre (IFSC) will target environmentally related financial services bringing employment and revenue.
Green Financial Services 'May Create 7,000 Jobs'
The current Taoiseach, Brian Cowen, has announced he believes new 'green' financial services could produce 7,000 jobs and "put Ireland at the heart of green business". According to Mr Cowen today, the Green International Financial Services Centre (IFSC) will target environmentally related financial services bringing employment and revenue.
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.
05 December 2007
Enterprise Ireland Support €11.4m Norkom Investment
Enterprise Ireland is to invest €4m to support Norkom Technologies €11.4m research and development and growth strategy. In investment is expected to create 111 high level jobs in Ireland, 70 of which will be in research and development.
Enterprise Ireland Support €11.4m Norkom Investment
Enterprise Ireland is to invest €4m to support Norkom Technologies €11.4m research and development and growth strategy. In investment is expected to create 111 high level jobs in Ireland, 70 of which will be in research and development.
24 February 2015
Intelligent Environments Europe Creates 50 New Jobs
Enterprise, Trade and Investment Minister Arlene Foster today announced that London-based Intelligent Environments Europe Ltd is setting up a software engineering operation in Belfast, creating 50 highly skilled jobs.
Intelligent Environments Europe Creates 50 New Jobs
Enterprise, Trade and Investment Minister Arlene Foster today announced that London-based Intelligent Environments Europe Ltd is setting up a software engineering operation in Belfast, creating 50 highly skilled jobs.
-
Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
