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NYSE creates up to 400 NI jobs | NYSE creates up to 400 NI jobs |
(9 minutes later) | |
The New York Stock Exchange plans to set up a service centre in Northern Ireland, creating up to 400 jobs. | |
The announcement follows last week's visit to Northern Ireland by US Secretary of State Hilary Clinton. | The announcement follows last week's visit to Northern Ireland by US Secretary of State Hilary Clinton. |
BBC business reporter Eddie O'Gorman said the project had been in the pipeline "for quite some time". | BBC business reporter Eddie O'Gorman said the project had been in the pipeline "for quite some time". |
"The NYSE bought a Belfast software company called Wombat 18 months ago and Invest NI have been talking to them ever since about expanding." | |
"They did announce more jobs at the time of the investment conference in May 2008 and this is just a further stage in the process," our reporter added. | "They did announce more jobs at the time of the investment conference in May 2008 and this is just a further stage in the process," our reporter added. |
Stormont ministers have been lobbying hard in the US for more investment as part of the peace dividend. | Stormont ministers have been lobbying hard in the US for more investment as part of the peace dividend. |
Workforce | Workforce |
Last year industry leaders from 80 US companies attended a conference in Belfast outlining potential investment opportunities. | Last year industry leaders from 80 US companies attended a conference in Belfast outlining potential investment opportunities. |
When Mrs Clinton visited last week she met business leaders during her series of engagements. | When Mrs Clinton visited last week she met business leaders during her series of engagements. |
She noted that Northern Ireland had escaped the worst ravages of the global economic downturn and credited the relative success on its educated, highly skilled workforce. | She noted that Northern Ireland had escaped the worst ravages of the global economic downturn and credited the relative success on its educated, highly skilled workforce. |
In 2007 New York was the scene for one of the most striking images of the early days of DUP/ Sinn Fein power sharing when then DUP leader and First Minister, Ian Paisley and Deputy First Minister Martin McGuinness of Sinn Fein were photographed ringing the trading bell at the Nasdaq exchange. | In 2007 New York was the scene for one of the most striking images of the early days of DUP/ Sinn Fein power sharing when then DUP leader and First Minister, Ian Paisley and Deputy First Minister Martin McGuinness of Sinn Fein were photographed ringing the trading bell at the Nasdaq exchange. |
The pair also met the chief executive of the New York Stock Exchange, Duncan Niederauer, during the trip and lobbied him on making an investment in Northern Ireland. | The pair also met the chief executive of the New York Stock Exchange, Duncan Niederauer, during the trip and lobbied him on making an investment in Northern Ireland. |
The US-based financial group Citi employs about 800 people in Belfast in a technology service centre. | The US-based financial group Citi employs about 800 people in Belfast in a technology service centre. |