BNP Paribas Securities Services has moved to new offices in Dublin, located at Trinity Point.
The move is supported by Department of Jobs Enterprise and Innovation through IDA Ireland.
BNP Paribas Securities Services has offered investment fund services, including global custody and fund administration in Ireland since 2001.
Patrick Colle, CEO of BNP Paribas Securities Services, said: “2013 marks BNP Paribas 40th anniversary in Ireland. These new premises demonstrate our continued commitment to Ireland as a servicing centre for both UCITS and alternative investment funds.”
Minister for jobs, enterprise and innovation, Richard Bruton, said: International financial services is a sector targeted under the governments action plan for jobs, and we believe that with the correct support we can continue to attract leading players in the financial services sector such as BNP Paribas and drive major jobs growth in this sector.”
Barry O’Leary, CEO of IDA Ireland, said: “Ireland has long been an attractive destination for servicing the funds of international investment managers, and the commitment of global financial institution such as BNP Paribas further highlights Ireland’s competitiveness as a fund centre.”
In 2010 the firm launched a BNP Paribas Group-sponsored investment programme in Dublin to enhance operational capability for traditional and alternative managers on a shared technology platform to encapsulate the research, development and innovation efforts undertaken locally for clients.
