An unbeatable combination of world-class talent, highly competitive operating costs and research excellence in a low-risk, pro-business environment, has fuelled the growth of Northern Ireland’s financial services sector making it the world’s number one destination for FinTech development investment projects (FT fDi Markets, 2018).
Deep expertise in trading and payment technologies, regtech, analytics and cyber security together with pioneering activity in disruptive technologies such as blockchain and AI underpins the region’s ranking as the world’s number one destination for US cyber security development projects and Belfast as the top city in Europe for new FDI software development projects (FT fDi Markets, 2018).
Northern Ireland is also leading the way in providing a wide range of solutions including fund administration, client services, investment operations, regulatory compliance, risk management and actuarial services in support of the global capital markets, asset management, banking and insurance industries. And the related professional services sector is booming.
A host of financial services giants including Citi, The Allstate Corporation, Liberty Mutual, Chicago Mercantile Exchange, Visa, Vela and Tullet Prebon ICAP, and a dynamic cadre of home-grown entrepreneurs such as First Derivatives thrive in a supportive entrepreneurial ecosystem in which collaboration and innovation is actively encouraged and supported by government.
Invest Northern Ireland, the region’s economic development agency, works in partnership with investors to offer advice and financial assistance to support business establishment, growth, capability development and international competitiveness.
Sibos is an annual conference, exhibition and networking event that brings together over 7,000 business leaders, decision makers and topic experts from a range of financial institutions, market infrastructures, multinational corporations and technology partners. This year’s event takes place in Sydney.