First Derivatives: fintech firm expands with new Dublin office

  • First Derivatives (FD) last week announced the opening of its new 8,000 sq ft office in Dublin, which it says will help facilitate the creation of multiple new jobs.

    Based at George’s Quay, the facility also has the capability for expansion, to ensure it can assist FD’s growth plans for the years to come. The fintech firm said it has continued to experience significant growth in demand for consultancy services in Dublin, particularly in the areas of risk management, regulatory and compliance, and treasury management.

    A spokesperson for FD stated: “Within our Kx business, the new office space also allows us to increase team sizes, develop more state-of-the-art solutions and continue to deliver first class service to our customers across finance and industry.”

    Seamus Keating, Executive Chairman added: “We are delighted that the strategic vision of our founder and former CEO, the late Brian Conlon, to grow our presence in the local market is being realised through the recent award of a number of new delivery projects and the addition of a number of new banks to our existing blue-chip client list.

    “The new office space at George’s Quay provides us with a suitably impressive platform for both our staff and clients as we enter the next exciting phase of expansion within the Irish market.”

    RELATED: First Derivatives buys full ownership of Kx Systems for £43m

    Brian Conlon passed away on July 28th of this year at the age of 53 after being diagnosed with cancer just two months previously. He founded First Derivatives in 1996 and grew it into a business worth over £1bn.

    FD operates from 15 offices across Europe, North America and Asia Pacific, including its headquarters in Newry, and employs more than 2,500 people worldwide.

    The Group stated that its flagship Kx technology “is a leader in high-performance, in-memory computing, streaming analytics and operational intelligence”.

    RELATED: First Derivatives set to open new office in central Belfast

    About the author

    Niamh is a Sync NI writer with a previous background of working in FinTech and financial crime. She has a special interest in sports and emerging technologies. To connect with Niamh, feel free to send her an email or connect on Twitter.

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