FinTrU announces the creation of 300 new jobs in the North West

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FinTrU has announced plans to invest over £20m by 2027, which will see the creation of 300 new jobs in Londonderry and a significant investment in the skills of its Northern Ireland wide staff.

Supported by Invest Northern Ireland, the new roles will see FinTrU’s North West operation double in size.

Founded in 2013 by Darragh McCarthy, FinTrU is a multi-award-winning technologically enabled Regulatory Solutions company that works with Global Investment Banks. FinTrU specialises in the areas of KYC, Compliance, Legal, Risk & Controls and Operations. The Financial Times has named FinTrU as one of Europe’s fastest growing companies for two years in succession.

Pictured L-R are: Mel Chittock Interim CEO, Invest NI; Steven Murtland Chief Financial Officer; Kathleen McDermott Executive Director; Greg McCann Executive Director and Darragh McCarthy Founder & CEO.

Darragh said the latest expansion is “a significant step which will see FinTrU grow to over 1,500 employees in Northern Ireland and significantly increase our competitiveness, catapulting us into a new era of business growth.

“FinTrU is celebrating its 10th birthday in 2023 and the North West holds a special place in the heart of our business. Since making our first investment in Derry/Londonderry in 2018, we have been blown away by the talent and were able to surpass our initial jobs target one year ahead of schedule. Following the announcement of our Letterkenny site last year, our newest investment is a demonstration of our ongoing commitment to develop and champion the North West region and our staff who have helped us to grow here.

“Invest NI has been a vital partner in enabling our impressive growth to date and also in securing the long-term sustainability of our operations in both Derry/Londonderry and Belfast.”

Greg McCann is Executive Director & Head of FinTrU’s North West Office. Commenting on the talent offering in the North West, Greg said:

“FinTrU is an indigenous company to Northern Ireland and our people strategy is to attract, develop and retain the best talent in the marketplace. There are a lot of high-quality graduates coming from the local universities and colleges who have supported us to win new customers and grow our sales globally. We have also welcomed a large number of experienced professionals, who have returned to the North West to pursue the high-quality careers we can provide. It was a result of our fantastic talent that allowed FinTrU to win the Large North West Business of the Year at the North West Business Awards in 2022.”

Kathleen McDermott, FinTrU Executive Director, added:

“We have tripled our turnover in the North West in the last three years and as we further invest in the development of our people, we want to equip them with the skills and capabilities to further drive the growth and success of FinTrU. Our partnership with Invest NI empowers FinTrU to deliver specialist skills development programmes, which are critical to our future growth.”

The investment will offer valuable job opportunities for graduates of all disciplines and those wanting to change careers. Roles range from Graduate roles to more senior experienced positions.

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Speaking whilst on a visit to the company’s City Factory Office, Mel Chittock, Interim CEO of Invest NI said the investment was a vote of confidence for the North West:

“Job creation is only one part of the equation to build a productive, knowledge based, export driven economy; skills development is another. This investment delivers on both: 300 new jobs and a skills development package, which will see the company invest in its greatest asset, its staff.

“A highly and appropriately skilled workforce has a crucial role to play. The increased skills and capabilities that FinTrU gains will enable faster and increased company growth and will spearhead the development of a new Financial Services cluster in the North West region. 

“We have had a long partnership with FinTrU, since we first supported them to invest in Northern Ireland in 2014. We are pleased to be able to support this latest investment. Its emphasis on developing future leaders fits with the Department for the Economy’s 10X Vision by creating valuable job opportunities and addressing skills imbalances in the North West region. I am pleased to say that once in place, the jobs will contribute £8.6m of additional annual salaries to the local economy.”

FinTrU’s market-leading Graduate Programme is now open for applications in Derry/Londonderry. Applications can be submitted via www.fintru.com/grad. For a range of more experienced career opportunities, visit www.fintru.com/careers.

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Allstate launches hybrid working policy

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Northern Ireland’s largest IT company, Allstate NI, has revealed new flexible working practices as it continues to recruit 100 more employees.

The tech firm has designated all of its workforce as hybrid, meaning staff can work remotely or from any of its three offices in Derry, Strabane and Belfast. Each office has been redesigned to create collaborative working areas, with social spaces and built-in gaming zones.

Vice-president and managing director of Allstate NI, John Healy

Workers can also request a flexible working pattern, including part-time, condensed or staggered hours, from the start of their employment.

Earlier this year, Allstate NI announced it was seeking applicants for 100 new roles in areas including software development, cybersecurity and analytics.

Vice-president and managing director of Allstate NI, John Healy, said: “We are empowering every employee to design a working pattern that suits their needs and the requirements of their team while promoting a healthy work-life balance.”

He added: “With 100 roles currently on offer, we are thrilled to have opened new modern and dynamic workspaces that will foster more collaboration, innovation and socialisation when employees are in the office.”

Information on current vacancies at Allstate NI is available here.

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Work begins on transformative Atlantic Hub Data Centre

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In June 2020, Derry City and Strabane District Council granted planning permission for the major international data centre developer, Atlantic Hub, to locate the centre at the Foyle Port Innovation Park. Work began this month on the development which will host computer data and services equipment for large tech companies, catering to the growing global tech sector and generating up to 100 jobs.

The campus at Foyle Port will have the capacity for up to 500,000 sq ft of technical floorspace, one of the largest ever infrastructure developments in the North West. It will offer world class services to large corporates and hyperscale data centre operators, utilising the EXA (Kelvin), transatlantic fibre-optic submarine cable, providing excellent connectivity to North America and Europe.

“After a significant period of preparation, we are delighted to begin construction of our flagship development project”, said Brian Doherty, Managing Director at Atlantic Hub. “We consider the North West to be an excellent location for our data centre development, and our investment in the region reflects the fantastic economic opportunities on offer here. With unique access to the UK and EU markets, this development is set to attract some of the largest global companies and investors to our shores in the coming years.”

With a ‘twin’ site in Letterkenny also being considered as part of the same cross border campus, this development forms part of transformative work from across the North West to boost our offering to foreign investors. The strategic location provides connectivity to local energy supplies generated from 100% certified renewable sources.

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Learning Pool Furthers Expansion into US Market.

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Learning Pool has paid an undisclosed sum for True Office Learning, a firm in the United States which specialises in compliance training.

True Office was at one time owned by the New York Stock Exchange.

Learning Pool’s chief executive Ben Betts said the deal with True Office Learning is “a significant step” for the Derry-based company.

“In the past two years, the way we work and learn has changed dramatically, and our aim is to lead the way in reshaping the new workplace learning landscape,” Mr Betts said.

The addition of True Office should take Learning Pool’s annual turnover to around £50m. The firm is aiming to significantly grow its business in the US where it already has an office in Colorado.

True Office’s major clients include the pharmaceutical firm Pfizer and the agri-food company, Cargill. Learning Pool was founded in 2006 by Paul McElvaney, who is now the firm’s executive chair.

The company provides online training courses for a range of major businesses and public sector organisations.

Last year a US private equity firm, Marlin Equity Partners, bought a majority stake in the business.

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Dreaming of a move back? There’s no better time to come home!

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Are you returning to the North West for Christmas? A new campaign is encouraging local diaspora to consider moving home for good.

Job opportunities, career progression, quality of life and the benefits of the £250m City Deal are among the key draws highlighted by the ‘Come Home to Us’ campaign, spearheaded by Derry City and Strabane District Council’s Investment team.

It features testimonials from local people who have returned to live, work and invest in the region after working abroad, plus information about the range and quality of jobs available, from attractive entry level roles to senior executive positions.

A range of ‘Work Life Balanced’ promotional videos, social media and digital advertising will be released over the festive period to support people who want to move home and build a life in the North West – whether it’s setting up their own business, finding a great job, working remotely, or availing of the excellent schools and natural beauty on our doorstep.

The campaign will also showcase the transformative £250m Derry and Strabane City Deal, which will further boost the local economy through cutting edge innovation and research, job creation and regeneration.

Meanwhile, the Invest Derry Strabane website also features a special round-up of companies currently hiring in the North West, including global firms such as Allstate and Seagate, local success stories such as Learning Pool and Elemental, and ground-breaking gaming company Hypixel Studios.

Rosalind Young, investment manager at Derry City and Strabane District Council said: “This is a fantastic time to consider a move home. There are a wide range of opportunities available in the North West, whether you’re a graduate, on your second or third job, or looking for an experienced, senior level role.

“We have a great variety of sectors here who are currently hiring – from financial services and software development, to advanced manufacturing, engineering and life sciences – and a fantastic ecosystem of businesses, both homegrown successes and multinational companies all serving global clients from the North West.

“The recent shift towards remote working has also demonstrated that people don’t have to live in a major metropolis to do business, stay connected and progress their career path. This campaign is a chance to showcase the opportunities available in the Derry and Strabane region, and celebrate what makes it such a great place to live, work, invest and come back to.”

Ryan Williams is director of home care innovator Connected Health, and founder of business incubator and co-working space The AMP, which recently opened a new site at Derry’s Ebrington Square.

“I think there’s an increasing ecology of career progression in Derry, of moving from one company to the next. There are more senior positions, more technical positions here now, and a much better standard of life than somewhere like London or Dublin,” he said.

Jennifer Neff is co-founder of the award-winning social prescribing software company Elemental. She moved home to Derry and founded the company with Leeann Monk after living in Edinburgh and Manchester.

She said: “I am getting everything I need from this city and region and I am giving back too, having created 35 jobs at Elemental with my business partner, Leeann Monk. There is an energy here right now that I haven’t seen before. Lots of people are making great things happen and there is a chance to be part of that by moving to this wonderful place.”

For a round-up of companies currently hiring in the North West, visit https://investderrystrabane.com/worklife/

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AquaQ announces 40 roles for new Derry base

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Software development company AquaQ Analytics is recruiting 40 staff for its new North West branch.

The Belfast-based business, which was founded in 2011 and employs around 250 people globally, is one of Northern Ireland’s fastest growing companies. It provides specialist consulting, software and data services, cloud solutions and more, to clients working in sectors including capital markets and Tier One investment banks. 

It hopes the new roles, which will offer a flexible mix of home and office working, will attract people living in the North West as well as border counties in the Republic of Ireland.

AquaQ recently held an insight event in Derry’s City Hotel to help potential employees and new graduates find out more about the business and speak with staff.

Ronan Pairceir, CEO of AquaQ, said: “We look forward to our expansion into the North West. Since the start of Covid, we have added an additional 100 employees around the world, with plans to reach 400 employees globally over the coming 18 months.”

Patrick Farren, Head of Engineering, added: “We are looking to recruit Java and React developers for our rapidly expanding Software Engineering division. These roles will involve using modern development tools and concepts to deliver high quality, best practice software solutions to our clients. Successful applicants will require a mix of technical and client-facing skills, offering highly rewarding careers for the right people.”

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FinTrU recruiting for new Maastricht office

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Financial services firm FinTrU has announcing it is opening an office in Maastricht.

​Based at the southern tip of The Netherlands, next to the Belgian border, the Maastricht site will help the company support its Tier 1 Investment Bank clients and assist them in managing their global regulatory requirements.

Setting up a base in the Dutch city (where the Maastricht Treaty was signed in 1992, establishing both the EU and the Euro) further strengthens FinTrU’s operation in Europe. The company also opened a new Dublin office in September.

FinTrU, which currently employs more than 900 people across Derry, Belfast, London, Dublin and New York, is now recruiting for new roles in Maastricht. For more information on vacancies, visit FinTrU’s career portal: www.fintru.com/careers

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Alchemy named one of UK’s best tech workplaces

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Derry-based Alchemy Technology Services has been ranked at number 10 on a list of the UK’s Best Workplaces for Tech.

When the list of medium-sized tech firms was compiled, by the Great Place to Work institute, 97% of Alchemy’s workforce said: ‘Our customers would rate the service we deliver as “excellent”’.

The news follows Alchemy’s recent rankings as number 29 on the UK’s Best Workplaces list, and number 11 on the UK’s Best Workplaces for Women list.

Alchemy was launched in September 2018 to provide insurance software implementation and support. Since then, it has grown from two people to more than 100 staff, working with insurance companies, system integrators and software providers to support the digitisation of the global insurance industry.

CEO John Harkin said: “We spend a lot of time and money on developing our culture. We foster a workplace that encourages and values collaboration, knowledge sharing and discourages internal competition and we have achieved this when 18 of the 36 months we have been in business have been spent in lockdown.”

Alchemy is currently hiring Senior Technical Analysts to join their team. For more information visit www.alchemytechs.com

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Home-based jobs available with Hinduja Global Solutions

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Hinduja Global Solutions (HGS), a global leader in business process management and optimising the customer experience lifecycle, is encouraging North West job seekers to apply for a range of new roles.

HGS recently announced plans to create over 560 jobs across Northern Ireland in customer service, management, and support, with employees able to take advantage of the firm’s flexible work at home model.

With more than 400 positions recruited and confirmed already, HGS is promoting a range of jobs that are currently still available.

Rosalind Young, investment manager at Derry City and Strabane District Council, said: “We’re pleased that HGS is building its presence in this region, with a view to establishing one of their Engagement Hubs in the future. We already know this area is full of talent and potential, and we have been promoting the Northern Ireland as a premium remote working destination for a while now.

“HGS is an excellent company that offers a fantastic range of employment opportunities across our Council area. All of the posts will primarily be home-based, and customer service experience is highly desirable in candidates. Home-based posts come with a number of positive attributes in that they offer less travelling for staff, a better work life balance, and more flexibility. Full training will be provided, and the posts will be particularly suited to those in our Council area attracted to working from home through lifestyle or necessity, and those who live in more remote communities.”

You can send your CV directly to Preston.Recruitment@teamhgs.com

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Discover digital, creative and fintech employers with new interactive map

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Local employers have joined forces with academics, educators and the Council to encourage further growth of the North West’s digital, creative and fintech sectors.

The Homeground website and interactive digital map profiles more than 90 local companies who between them have created thousands of jobs and are generating millions of pounds in revenue.

The collaboration is intended to raise awareness of the fastest growing sectors in the North West and help ensure a future pipeline of talent by informing young people about the global career opportunities on their doorstep.

Homeground.me

Website visitors can view the map of Derry, Strabane and Letterkenny and click on company logos to discover more information and contact details.

Through Derry City and Strabane District Council’s Education & Skills Delivery Partnership, government, schools, higher and further education institutions and industry are working together to recognise skills gaps, identify how to attract or grow this talent, and nurture the workforce of tomorrow.

Columb Duffy, senior leader at Allstate NI in the North West, is chair of the partnership’s Digital, Creative and Financial Technologies Subgroup.  He said: “The digital, creative and Fintech sectors have been steadily growing in the North West, with over 100 companies offering job opportunities with excellent work-life balance and competitive salaries right here on our doorstep.”

For more information on these companies, explore the interactive digital map at www.homeground.me​.

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