London-based financial technology company Ctrl Alt has announced it will invest £1.5 million to open a new office in Belfast, creating 21 high-quality jobs.
The new roles, which include engineering, product and operations roles, will be offered as hybrid positions, allowing skilled professionals from across the North to contribute to the growth and success of Ctrl Alt.
Ctrl Alt is a cost-effective infrastructure platform for alternative assets, providing investors with access to both traditional and token-backed investments.
With offices in the UK, Ireland and Dubai, the Ctrl Alt team is made up of financial and product experts, including alumni from Morgan Stanley, Credit Suisse, UBS and Revolut.
Since its launch in 2022, Ctrl Alt has established itself as a leader and expert in the field with $150 million in assets under management.
Economy Minister Conor Murphy said: “Ctrl Alt’s investment underlines the strength of the North as a competitive hub for fintech innovation.
“The creation of 21 well-paid positions will boost our economy and strengthen the North’s position as a global leader in fintech.
“Ctrl Alt joins a vibrant community of fintech companies that are thriving here and contributing significantly to economic growth. »
Jordan McMullen, operations director at Ctrl Alt, said: “Northern Ireland offers an ideal mix of skilled talent, particularly in the technology and finance sectors.
“A number of members of the management team have strong links to Northern Ireland and, with competitive operating costs, it is the ideal base for our latest expansion, which marks a major milestone in our mission to make structuring and investing in tokenized asset classes profitable. , secure and accessible.
“We look forward to actively participating in the region’s dynamic fintech landscape. »
Alan Wilson, Head of International Investments at Invest NI, added: “Northern Ireland has firmly established itself as a destination of choice for fintech investment, underpinned by a supportive ecosystem which includes research centers world-class companies, thriving local businesses and global industry leaders.
“The Invest NI teams in London and Belfast have worked closely with Ctrl Alt to secure this investment, which will create high quality jobs and enhance the region’s appeal as a preferred location for ambitious fintech businesses in quest for growth and innovation.