Opus Fund Services has this week announced it plans to open a second office in Ireland, locating in Enniscorthy, Co. Wexford, with the creation of 100 jobs over five years.
The award winning independent, privately owned global fund administrator headquartered in Bermuda, announced the official launch of its European fund administration business in Dublin earlier this year following a comprehensive application process resulting in authorisation by the Central Bank of Ireland under the Investment Intermediaries Act.
Opus has now selected Enniscorthy, Co. Wexford as its second location in which to grow and optimise its Irish operation. The company is locating in offices in Enniscorthy’s historic former court building. The regional expansion is on foot of accelerated growth of its North American business that has seen the company increase global headcount by over 50% year to date across its existing footprint in Bermuda, U.S., Canada, Philippines, as well as at its European headquarters in Dublin.
The new roles will be for experienced financial service professionals and qualified accountants with a working knowledge of Fund Accounting or Financial Reporting.
Welcoming the news, Minister of State at the Department of Finance and Department of Public Expenditure & Reform, Michael D’Arcy said, "We have a developing cluster of financial services companies here in Wexford, and I am delighted that Opus Fund Services has selected Enniscorthy for the establishment of their second office in Ireland as they continue to expand their operations. Wexford has so much to offer, with easy access and proximity to the major urban centres of Dublin, Cork and Limerick, together with our connectivity and pro-business climate."
He added, "The creation of 100 jobs in Enniscorthy is a huge boost for the town, to county Wexford and indeed to the South East Region.The Irish funds sector has gone from strength to strength in recent years, and I wish Opus Fund Services continued success with their operations here in Ireland."