Press release
Northern Trust Marks 20 Years in Ireland in 2020
Recognized by Tánaiste and Minister for Enterprise, Trade and Employment and IDA Ireland for Contribution to Irish Financial Services Industry
About this update from Northern Trust Corporation
[{"type":"text","content":"\nRecognized by Tánaiste and Minister for Enterprise, Trade and Employment and IDA Ireland for Contribution to Irish Financial Services Industry\n\n DUBLIN--(BUSINESS WIRE)--\nNorthern Trust (Nasdaq: NTRS) this year marks 20 years since it established a presence in Ireland and was today recognized by Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD, and IDA Ireland for its contribution to the Irish financial services industry.\n\nLeading financial services company, Northern Trust is the third largest provider of fund administration and custody services in Ireland (source: Monterey Insight Ireland Fund Report, 24 February 2020) employing more than 1600 people in its offices in Dublin and Limerick.\n\nTánaiste and Minister for Enterprise Trade and Employment, Leo Varadkar TD said: “Congratulations to all the team at Northern Trust on this really significant milestone. It’s great to see your growth and continued commitment to the Irish financial services industry. Northern Trust is a valued employer in Ireland, employing some 1600 people, and contributing substantially to the economy of Dublin and the Mid-West. We look forward to seeing what the next 20 years will bring!”\n\nNorthern Trust offers asset servicing and asset management solutions to a diverse client base of fund managers and institutional investors worldwide, including traditional and alternative asset managers, insurance companies and multinational pension funds.\n\n“Our business in Ireland has been a hub of innovation and industry firsts. Today we are embracing the power of digitalization to drive new efficiencies for our clients and their investors – including the replacement of manual processes and paper-based communications digital methods with new types of experiences,” said Meliosa O’Caoimh, head of Northern Trust in Ireland. “Our clients from all over the world continue to approach us to help them package and distribute investment ideas they feel will bring value to their investors around the world.”\n\nSaid Clive Bellows, head of Global Fund Services, for Europe, Middle East and Africa at Northern Trust: “Ireland is a global center of fund administration excellence for Northern Trust, from which we support our clients and their investors. Our commitment to Ireland is reflected by partnerships with institutions including the Universit...