Opus Fund Services has launched one of its European fund administration businesses in Dublin, Ireland.
This follows a comprehensive application process resulting in authorisation by the Central Bank of Ireland under the Investment Intermediaries Act.
Opus is a client of IDA Ireland and was welcomed by Heather Humphreys, minister for business, enterprise and innovation.
Humphreys commented: “I am delighted that Opus has obtained Central Bank authorisation, which will see them open up their new European office in Dublin.’
“Ireland is now a major player in International Financial Services and we welcome leading international companies like Opus investing here. We have the skills and talent available to help them grow and I wish them well for the future.”
Robin Bedford, global CEO, explained: “As we continue to scale our business, Ireland was the logical location of our European headquarters providing our existing clients with full access to the European Union.”
“Our proprietary technology-based administration platform has been embraced by the US market resulting in our rapid growth. We look forward to deploying this offering to the local Irish market.”
Mary Buckley, executive director of IDA Ireland, said: “Ireland’s offering as a leading International financial services hub within the EU continues to appeal to overseas investors looking to service their client base in this market.”
“The international funds industry in Ireland is thriving with over €2.5 trillion domiciled here—the highest on record.”
