First Derivatives, the Newry software giant, have announced plans to create 1,000 new jobs in the next three years.
Chief executive Brian Conlon announced the news during a keynote speech at yesterday’s inaugural Innovation Nation event in Newry.
First Derivatives produces software used in the financial service sector, but has also expanded into a variety of sectors including regulatory technology, retail, pharma and the space industry.
Head-quartered in Newry, the company has offices in Belfast, Dublin, London and New York. The software firm is currently has 2,400 staff and is set to open a new modern building in the city centre next week.
Donal Keane, senior vice president of vendor services at the firm, said the 1,000 jobs would be created all across First Derivatives’ global operation, but that most would be on the island of Ireland.
“In terms of the skill-sets we’re looking for, it includes the typical STEM graduates, but we’re also looking at marketing graduates, those with legal backgrounds and accountancy. It’s a very wide spectrum of skills we’re looking for.
“All of those recruits will be coming to Newry during the training period for between three months and a year,” he said.
“These new jobs are for graduate, experienced and senior level. Our graduate level is typically in the low to mid £20,000 and that rises based on experience.
“We have a strong pipeline of work, so this is really based on the confidence we have in our business as we move forward in the next three years.
“The numbers are reflective of what we have been doing.
“We have just taken in 200 graduates over the last four months.
“This is in line with our business expansion over the past few years.”