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FinTrU wins Queen’s Award for Enterprise 2022 for International Trade

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FinTrU, a technologically enabled regulatory solutions company, has been honoured with a Queen’s Award for Enterprise (International Trade) in 2022.

The company won the Queen’s Award for International Trade for ‘Outstanding Continuous Growth’ in overseas sales over the last six years.

Headquartered in Belfast, FinTrU has rapidly expanded in recent years with additional global offices in Derry/Londonderry, New York, London, Dublin and Maastricht.

FinTrU Founder & CEO, Darragh McCarthy, said “It is an absolute honour for FinTrU to be recognised in this way. The Queen’s Award for Enterprise is an incredibly prestigious accolade with a vast array of highly respected winners over the years. We are delighted at FinTrU to see the hard work of our employees rewarded with this fantastic achievement.”

Employing over 1,000 people, FinTrU was founded in 2013 and provides technologically enabled Regulatory Solutions for Investment Banks – specialising in the areas of KYC, Compliance, Legal, Risk & Controls and Operations.

Now in its 56th year, the Queen’s Awards for Enterprise are the most prestigious business awards in the country, with winning businesses able to use the esteemed Queen’s Awards Emblem for the next five years.

Source: Written from press release.

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PwC takes new tech space at Ulster University’s Magee Campus

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PwC is opening a space at Ulster University’s Magee Campus in Derry/Londonderry as part of its investment in innovation in Northern Ireland.

The space will house research and development for its £40m Advanced Research and Engineering Centre (ARC), which launched last year in conjunction with Ulster University and Queen’s University Belfast, with support from Invest Northern Ireland. 

Through its alliances with government and academia, ARC’s innovation ecosystem is looking to build solutions to complex business problems into the next decade and beyond. This latest collaboration will see Ulster University students and researchers, at the Jordanstown and Magee campuses, work alongside Operate staff.

The new space will be used primarily as a base for ARC staff based in the North West of the country as PwC Operate ramps up recruitment from beyond its Belfast base. PwC Operate will start with four people at Ulster University’s Magee campus, but is looking to establish a larger team as ARC builds out its capabilities. 

Ian McConnell, PwC Operate Lead Partner, commented: “We’re delighted to be establishing a presence in the northwest. ARC’s vision includes university postgraduates working on research projects that feed into the software engineering function of ARC, as we develop solutions to our clients’ problems. ARC will continue to be based in our Merchant Square HQ in Belfast, but we’re keen to recruit from as wide a talent pool as possible. To be able to offer opportunities to people across the country is something very close to my heart and I believe fundamental to the success of this initiative.”

Jim Harkin, Head of the School of Computing, Engineering and Intelligent Systems from Ulster University also added: “It is positive for the Derry and Strabane City and District that PwC’s Operate will open an office at Ulster University’s Magee campus. The new office located on the Magee campus reflects the growing interest in doing business in Derry/Londonderry because of the easy access to talented people and innovative research from the Intelligent Systems Research Centre. As we develop research centres for robotics, AI and personalised medicine in the years to come as part of the Derry & Strabane City Deal, we will see more and more companies growing their presence in the North West and creating high-tech jobs.” 

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Tech Champions comic to showcase NI tech-related careers and pathways

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An innovative new approach to promoting careers in the tech industry launched at a special school-focused event on March 10th as part of Enterprise Week 2022.

TECH CHAMPIONS is an exciting tech-themed careers comic aimed at young people, showcasing six local tech professionals and entrepreneurs and detailing the pathways they followed to develop their tech-related careers or businesses. It’s a collaborative project by Startacus and Revolve Comics, delivered in partnership with Derry City and Strabane District Council, Alchemy Technology Services, and North West Regional College.

The TECH CHAMPIONS event will brought the tech professionals illustrated in the comic to life in a live streamed and in-person event during Enterprise Week.

At TECH CHAMPIONS local tech professionals and entrepreneurs chatted about their own varied backgrounds and journeys in the tech sector, with the aim of highlighting the diverse range of tech careers and opportunities which exist locally. Speaking at the event, Alastair Cameron, Startacus co-founder, said: “We believe that this innovative approach to championing tech roles and careers will help signpost local students to fantastic opportunities in these exciting and fast growing sectors. We are proud of the collaborative approach this initiative has taken, working with partners who are fully committed to helping inspire our young people.”

The event served as a launch for Derry City and Strabane District Council’s bespoke website www.homeground.me, the North West’s first interactive digital map profiling the Digital, Creative and Fintech sectors in Derry, Strabane and Letterkenny.]]

Head of Business with Council, Kevin O’Connor, said the site will be an invaluable resource for anyone seeking a career in the tech industry. “The Homeground Site will provide a platform for industry professionals to share information and experience with the next generation of tech talent. Cross-border collaboration is an essential element in our campaign to promote the North West region as an exciting and attractive location for school leavers, offering both professional opportunity and fantastic lifestyle benefits. This new resource will help young people pinpoint opportunities and connect them with the companies best suited to their skills and ambitions.”

Homeground has resulted from the work of Council’s Digital, Creative and Financial Technologies Subgroup. Columb Duffy, Senior Leader at Allstate NI in the North West, is the Chair of the Subgroup. He advises anyone at home or working away who is interested in a career in Digital, Creative or Fintech, or wants to see what the North West has to offer, to click onto Homeground to view the fastest growing sectors in the North West and the global career opportunities that are right here on our doorstep. “Making sure the next generation of workers is as informed as possible about their choices is a major part of the group’s work and aims to connect young people directly with industry,” he explained.”Industry and businesses have the expert knowledge that our school leavers need as they begin to think about their careers. What this partnership is about is developing a local talent pipeline of bright and eager young people to work and live locally and to address skills gaps in the North West.”

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Alchemy Technology Services becomes the first Podium Partner with the Mary Peters Trust

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The Podium Partnership is a new initiative by the Trust to celebrate the 50th anniversary of Lady Mary Peters winning her Olympic Gold Medal in 1972.  

The Podium Partnership will last for three years working together with benefits to both parties. There will be a collaborative partnership with both parties exchanging skills, time and talent.

Barry Funston, chairman of the Mary Peters Trust, said: “We are delighted to announce Alchemy Technology Services as our first Podium Partner in the 50th Anniversary year of Lady Mary’ s famous Gold Medal victory in Munich. Alchemy’s innovative ground-breaking approach to staff development mirrors that of the sportsmen and women we support here at the Trust. Their support will enable us to continue to help young people, both disabled and able-bodied, achieve their sporting dreams and ambitions.” 

CEO and founder of Alchemy Technology Services, which employs over 140 people in the North West city region, John Harkin, added: “Partnering with the Mary Peters Trust is a natural fit for us. Alchemy’s values closely align with the Trust, we encourage our people to be the best versions of themselves, adopt a winner mindset and to “Go for Gold”. For 40 years the Trust has been providing invaluable support to athletes across Northern Ireland and we are committed to assisting this important mission into the future.”

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PLANS SUBMITTED FOR HIGH-TECH ALPHA INNOVATION CENTRE IN NW CITY REGION

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Plans have been submitted for the new high-tech Alpha Innovation Centre in Letterkenny.

The enterprise campus, which is estimated to cost €20m, is set to be built in the heart of the town on the former ESB premises on Pearse Road.

The development will include a seven-storey building of approx 1,625sq.m (17,500sq.ft) and office and research & development facilities – providing space and opportunities for new and existing businesses to work and network.

The campus will also incorporate a central civic space; pedestrian, cycle, accessibility and moblity infrastructure; landscaping; disabled and age friendly courtesy parking and emergency/service vehicle entry and egress.

The €6m Alpha Innovation Centre has secured €3.6m co-funding from Enterprise Ireland, and the €14m Beta
Business Centre, is being developed in partnership with Catalyst NI.

The project is being led by Donegal County Council in partnership with the Donegal 2040 Strategic Development Designated Activity Company (DAC). It is co-funded by Enterprise Ireland under the Border Enterprise Development Fund and will be delivered in collaboration with the key economic development agencies including, IDA and Donegal LEO along with Letterkenny Institute of Technology, Donegal ETB, Donegal Digital and ERNACT.

The centre is set to provide a bespoke pre-accelerator for early idea entrepreneurs as well as an extensive programme of wrap-around supports for businesses. The Alpha Innovation Centre will build on the latent potential of the emerging tech start-up scene in the Northwest, contributing to the region’s reputation as a great location to invest and do business.

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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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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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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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