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Financial Technology Company creates 80 jobs in West Cork

Written by Robert McHugh, on 1st Aug 2017. Posted in Financial

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It was announced today that Global Shares, a global provider of share plan administration software, share-dealing, global custody and financial reporting tools has created a further 80 new jobs due to rapid global expansion. This brings the total number employed at the West Cork based company to 228. 
 
The roles are across many areas of the business including IT, Financial, Multi-lingual Share Plan Analysts, Service Desk, Trading & Legal. Recruitment will begin immediately with all positions to be filled over the next 24 months. Eighty percent of the new positions will be based in Ireland, primarily at its Headquarters in Clonakilty. 
 
This comes after significant growth in Global Shares' client base which has grown in the past two years from 150 to 250 clients based in 25 countries with participants in over 100 countries globally. During this time, Global Shares has signed contracts with 6 FTSE 100 companies and the company's client listing includes GSK, Skanska, Sage, Legal & General, Generali and others.
 
Furthermore, the announcement follows the rapid growth in employee numbers over the last number of years rising from 68 staff in 2015. The latest recruitment drive will grow the Global Shares team to a total of 228 staff members across the company’s 10 offices - Clonakilty, Cork City, Dublin, London, Edinburgh, Portugal, Germany, New Jersey, California & Hong Kong. 
 
Global Shares is Irish-owned and Irish-headquartered and has invested significantly in its home market in recent years, opening new offices, establishing a new Irish team and gaining an influential client base. The company works closely with the Irish ProShare Association (IPSA) in the drive to grow awareness of employee share ownership with a particular focus on schemes such as the APSS, Clog & SAYE. 

Global Shares also supports the Government initiative to introduce new share scheme legislation for Small to Medium Sized Enterprises in Budget 2018. 
 
Speaking at the announcement in West Cork today, Minister of State for Financial Services and Insurance Michael D’Arcy TD said, "I am delighted to join the Global Shares team today in its global headquarters in Clonakilty to celebrate the announcement of 80 new high tech and professional jobs. Over the last three years, Global Shares has achieved phenomenal global sales success, illustrating the potential of Ireland’s financial services sector to create high value, sustainable employment which is of such importance to local communities across the country."

CEO of Global Shares, Tim Houstoun added, "We are at a key point in our growth cycle and have undertaken significant restructuring in recent months to meet the changing needs of our business. This growth has led to the launch of a significant recruitment drive for high-skilled roles and we look forward to receiving applications from those who wish to be part of an exciting and cutting-edge global company."

Source: www.businessworld.ie

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