11/03/2020

100 Jobs At New Belfast FinTech Centre

Some 100 new jobs are to be created as an Atlanta-headquartered firm establishes a FinTech centre in Belfast.

Risk management company Riskonnect is offering roles for local engineers and developers.

With offices in the US, London and India, the firm provides technology solutions to over 900 global customers to help them anticipate, manage, and respond in real-time to strategic and operational risks.

The local investment comes off the back of a successful expansion period that saw the company acquire Marsh ClearSight in 2018.

The Belfast team will support Riskonnect's global operations and facilitate the continuation of its ambitious global growth plans.

Economy Minister Diane Dodds met Riskonnect leaders on the second day of her business visit to the United States.

Welcoming the investment in Northern Ireland, she said: "Riskonnect is a global leader in integrated risk management and this project represents a significant investment into the Northern Ireland economy.
News Image
"These are high quality jobs contributing over £3million in additional annual salaries to the Northern Ireland economy."

Invest NI is supporting the firm with expert advice and £416,000 towards the new roles, 25 of which have already been filled.

CEO of the agency Kevin Holland said: "We are a significant player in the global fintech sector. Indeed, Belfast was recently ranked third (after London and Singapore) overall in fDi magazine's Fintech Location of the Future for 2019/20."

Jim Wetekamp, CEO of Riskonnect said he is confident the city of Belfast is a prosperous site to establish operations.

"We are making this major investment in response to an increase in demand for our services. Northern Ireland's burgeoning fintech sector, together with a dynamic and highly educated workforce, makes Belfast an obvious choice for us," Mr Wetekamp commented.

"We were highly impressed by the local talent offering and by the strong links forged between industry and universities. We are confident that we can find the workforce we need amongst Northern Ireland's talent base to support our ambitious global strategy."



(JG/CM)

Related Northern Ireland Business News Stories
Click here for the latest headlines.

21 May 2013
Call For Effort To Promote Investment Opportunities In West Belfast
SDLP Councillor Tim Attwood has said there must be a concerted effort to promote investment opportunities in West Belfast. Figures revealed in an Assembly Question asked by SDLP MLA Conall McDevitt demonstrate that West Belfast was given £4.
26 November 2001
Minister consults on open-ended investment companies
The Minister for Enterprise, Trade and Investment has pledged a commitment from his department to providing a modern financial services regulatory framework in Northern Ireland relevant to the needs of local investment firms and investors.
20 August 2014
US Firm Creates 94 New Jobs In Belfast
Enterprise, Trade and Investment Minister Arlene Foster has announced that US based Proofpoint, Inc. is creating 94 new jobs in Belfast in an investment of more than £6million. With global headquarters in Sunnyvale, California, Proofpoint, Inc. is a leading security-as-a-service vendor that delivers data protection solutions.
06 July 2011
Titanic Project 'Won't Sink', Says Wilson
There won't be any 'disaster' on timetabling for construction of the £97m investment of 'Titanic Belfast' - especially important as it is destined to be one of Northern Ireland's top tourism attractions.
23 October 2014
Global Opportunities For NI's Agri-Food Industry
Enterprise, Trade and Investment Minister Arlene Foster has emphasised the growing global opportunities for Northern Ireland's agri-food industry. Speaking at the Sunday Business Post Future of Food Summit in Dublin, Arlene Foster said: "The Northern Ireland agri-food industry faces both challenges and opportunities within a growing global market.