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Home » The American company Spiderrock investing more than 2 million pounds sterling in the North, creating 20 jobs
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The American company Spiderrock investing more than 2 million pounds sterling in the North, creating 20 jobs

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Published date:
January 27, 2025

The Minister of the Economy, Conor Murphy, announced that the company Fintech based in Chicago, Spiderrock Technology Solutions (“Spiderrock”), made its first investment in the North by establishing a new engineering development team in Belfast.

Based in Chicago, Spiderrock offers high performance and cloud -based commercial systems and low -latency market data solutions to world customers, including desktop funds, banking trading offices and proprietary negotiation companies.

Minister Murphy said: “This investment of such a prestigious company testifies to the international stature of the Finet Flurisant sector in the North. Invest Ni and I met the Spiderrock management team in Chicago last year to discuss the advantages of investment in the North. I am delighted that the company has now decided to create 20 new positions offering average wages of £ 55,000, almost double the median in the private sector. The hybrid nature of roles means that they will be accessible to people throughout the region. »»

The Belfast office in Spiderrock is located at the Pearl Insurance building on Donegall Square East. Hybrid roles will ensure that opportunities are accessible to talents across Northern Ireland.

George Papa, CEO of Spiderrock, said: “We were incredibly impressed by the talent and expertise available in Northern Ireland, as well as solid partnerships with universities and the support of Investi Ni.

“Our Northern Ireland team will play an essential role by supporting our trading platform, by extending operational coverage during the non-United States hours and allowing our expansion on European markets. Recruitment efforts are progressing quickly and we are delighted to have already completed almost half of the planned roles. This investment marks an important step for Spiderrock while increasing our presence in Europe, building our brand and providing innovative solutions to new markets. »»

Invest or helped guarantee investment for Northern Ireland and offered support to 20 roles. Andrea HAGHIAN, head of the Americas of Invest NI, added: “Securing this investment for Northern Ireland testifies to the hard work of our local investment manager and the collaboration efforts of our team on the States market- United.

“Spiderrock’s decision to establish operations in Northern Ireland highlights the growing reputation of the region as a fintech center, offering a skilled workforce and a competitive commercial environment. The new team will play a central role in the progress of Spiderrock’s global strategy and we are impatient to support Spiderrock as it increases its operations here. »»

Remarks to publishers:

  1. Photo legend: the Minister of the Economy, Conor Murphy, met the leaders of Spiderrock during a commercial mission in Chicago last year. He is represented with George Papa, CEO of Spiderrock, Annabelle Baldwin, director of income for Spiderrock, Andrea Haghian, head of Ni Americas, and Julianne Cox, Director of IDE commercial development at Investi Ni.

2. To keep you informed of the news from the Department of Economy, you can follow us on the following social networks:

3. For media requests, contact the Department of the Press Office of the Economy PressOffice@economy-ni.gov.uk

4. The Executive Information Service operates a service outside the hours For media requests only Between 1800 hours and 0800 hours from Monday to Friday and weekends and holidays. The right -of -way the right -of -way of rights can be contacted on 028 9037 8110.

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The FRA authorizes Endtech’s expansion and the establishment of three new startups.

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