| 3.1°C Dublin

US software giant to create 150 jobs in Dublin


Richard Bruton

Richard Bruton

Richard Bruton

A US software company is to create up to 150 new jobs in Dublin.

Calypso Technology, which provides software solutions for clients in financial markets, has announced plans to set up a managed services centre in the city.

The investment has been supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

The California-based company is seeking to recruit professionals for a range of roles such as business, technical analysis, quality assurance and application support.

Keith O'Brien, senior vice president of professional services at Calypso, said: "We are very excited to be working with IDA Ireland and the Irish government in launching this strategic initiative.

"Through this centre, Calypso will proactively address a major challenge global financial institutions face - to reduce the total cost of ownership of their trading, risk and settlement solutions, from deployment to their day-to-day operations."

Minister of Jobs, Enterprise and Innovation Richard Bruton, who met Calypso executives on a recent investment mission to the US, said: "Calypso is a global leader in financial services technology, and today's announcement that it is establishing a managed services centre in Dublin with the creation of 150 new jobs is a great boost."

Calypso is used by more than 34,000 market professionals in over 60 countries representing more than 180 financial institutions across Asia, the Americas, Europe, the Middle East and Africa.

The company already employs more than 700 staff in 20 offices across the world.