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Tuesday September 15, 2009

BSB To Establish Operations Hub In Dublin

"This highly sophisticated operation is in line with the Government's continuing efforts to position Ireland as the leading European location-of-choice for innovation-led and knowledge-based global investments."

Tánaiste and Minister for Enterprise, Trade and Employment Mary Coughlan T.D., has announced that BSB is to establish an Operations Hub in Dublin with the creation of 20 high quality jobs at Master's Degree Level over the next four years.

IDA Ireland worked closely with BSB in attracting this investment to Ireland and is assisting the company in selecting a suitable location for the operation.

BSB is a provider of software and packaged software and ancillary services to the Financial Services industry, employing over 220 people across Europe.

The Irish hub will be responsible for Sales, Business/Systems Analysis, Systems Integration, Software Development and Technical Support for the Isle of Man, Channel Islands, UK and Ireland markets, primarily for its Solife Life Insurance suite of solutions.

Welcoming the announcement the Tánaiste said "The decision by BSB to locate its Operations Hub in Dublin is a great win for Ireland.

"This highly sophisticated operation is in line with the Government's continuing efforts to position Ireland as the leading European location-of-choice for innovation-led and knowledge-based global investments.

"It further demonstrates that Ireland today successfully competes for the highest level of global foreign direct investments across all areas of business activity."

Commenting on the announcement Mr. Frédéric Martin, International Business Development Manager at BSB said "After identifying several locations our decision to locate our Operations Hub in Dublin was based on the maturity of the Irish financial services industry, the established talent pool and the cluster of financial services software companies operating here".

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