US consulting firm Envorso has set its sights on the NI FinTech scene with a new NI professional services centre that will offer 19 new roles.
Northern Ireland has a history of producing talented entrepreneurs who find their success abroad, and in recent years we've seen a lot of that success come home as the Northern Ireland tech industry has taken off. Fermanagh-born Adrian Balfour has seen success in the US with Seattle-based consulting firm Envorso, and the company is now setting up a new professional services centre in Northern Ireland.
Envorso works with Financial Services firms to help them manage growth, keep a handle on costs and complaince, stay on top of their cyber-security needs, and adapt to changing legal frameworks. This has become particularly pressing in Northern Ireland due to the Covid-19 outbreak, the legal transitions coming due to Brexit, and changing regulatory conditions in the FinTech industry.
Northern Ireland's FinTech industry has exploded in recent years, and is now seeing faster growth than any other FinTech hub outside of London. Envorso is currently headquartered in Seattle in the US and employs 50 staff, and the new professional services centre in Northern Ireland will have 19 new positions with expected average salaries of £40k.
Envorso Founder Adrian Balfour commented on the move into Northern Ireland: "We are looking to develop into other vertical markets as well as expand into the UK, Ireland and European markets. [...] As a Northern Ireland native I know what this country has to offer, but I have been really impressed by the quality of talent here, and the engagement between business, government and academia. I am confident that locating this new hub here in Northern Ireland will provide the best platform for us to expand into Europe."
Source: Written based on press release
