Home > Technology > Dublin fintech firm announces 20 new jobs

Dublin fintech firm announces 20 new jobs

Written by Robert McHugh, on 16th Nov 2018. Posted in Technology

article headline

It was announced yesterday that Quaternion Risk Management Ltd., a leading Irish risk analytics firm, supported by Enterprise Ireland, and AcadiaSoft Inc., the leading industry provider of global margin and collateral automation solutions, have formed a strategic partnership.

Quaternion Risk Management will create 20 new jobs as a result of this partnership and through investment by Enterprise Ireland.

Initially, the partnership will focus on helping firms with non-centrally cleared derivatives portfolios meet the operational and regulatory challenges associated with Initial Margin (IM) requirements that started to come into effect in 2016. The initiative couples Quaternion’s extensive quantitative expertise and AcadiaSoft’s proven capabilities in market standard applications allowing clients to access a range of services via the secure environment of the AcadiaSoft Hub.

Speaking this week, CEO of Enterprise Ireland, Julie Sinnamon said, "To scale in international markets, Irish companies must be innovative and competitive, and the strategic partnership between Quaternion Risk Management and AcadiaSoft combines both attributes and is a result of both companies’ strategic vision for growth. I welcome Quaternion’s announcement that the company will create 20 new highly-skilled jobs in a rapidly growing sector in Ireland. Our team at Enterprise Ireland has supported Quaternion for several years to enable the company to realise its global ambition, and I look forward to continuing our work with them as they embark on this new endeavour."

Source: www.businessworld.ie

More articles from Technology

image Description

75m announced for projects under disruptive technologies innovation fund

Read more
image Description

Government releases report on digital technologies in the Irish workplace

Read more
image Description

Average Irish enterprise spent 1.35m on data last year

Read more
image Description

US Cyber Security Company opens 1st European office in Dublin

Read more
image Description

EU ministers fail to break digital tax deadlock

Read more