Northern Ireland Expertise On Show At Major Financial Services Event In New York

Jun 16, 2006

Three Northern Ireland companies are taking part in one of the world’s biggest financial services events as part of an Invest NI business mission to the US.

First Derivatives of Newry and two Belfast companies, Harco Technology and the US-owned Wombat Financial Services will be displaying their expertise at the Securities Industries Association’s (SIA) Technology Management Conference and Exhibit in New York from 20-22 June.

Wombat, which established its European software engineering centre in Belfast last year, is taking part in its first Invest NI mission.

They are part of a five-strong mission which will be in New York to explore business opportunities from 18-23 June. The other companies in the delegation are CDC, Coleraine and Ion Technologies of Belfast.

Alan Hingston, Invest NI’s Trade Director, commenting on the mission, says:

“This is a technology focused mission that aims to help our companies to develop business and strategic alliances in the New York region. We are particularly keen to encourage and assist companies in financial services, a target sector for Invest NI, to build contacts in New York.

“SIA’s Technology Management Conference is well-suited to technology companies in the securities industry which offer expertise in specialist niches such as: communications, market data, information security, trading room support, web and Internet technology and information systems.

“It is the largest exhibit of its kind ever assembled. Over 7,000 key executives, many with procurement responsibility, are scheduled to visit the exhibition. This reflects the growing interest in new technology solutions within this important and influential industry,” he says.

The mission is the latest in a programme of Invest NI business activities in North America. Earlier in the month, 14 companies visited Atlanta and Denver on an Invest NI backed Northern Ireland Chamber of Commerce and Industry mission.

Other recent missions have involved biotechnology companies exploring business in Chicago and New York and a group of nanotechnology experts visiting Boston.

Further trade visits to the US and Canada are planned for later this year and will be open to all Northern Ireland companies.

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