Carne, the Irish-founded premier global provider of fund management company solutions to the asset management industry, has announced a significant expansion of its Irish operations, creating an additional 250 regional jobs over the next three years. The expansion is supported by the Department of Business, Enterprise, and Innovation, through Enterprise Ireland.

The company, which currently employs more than 50 people at its constantly expanding financial services centre in Kilkenny, is opening a new financial services centre in Wexford, with recruitment currently underway for 50 highly-skilled positions across a broad range of disciplines. Carne is hiring for multiple positions within risk management, compliance and operations and is also looking to recruit IT Developers, IT Architects, Data Miners, Cyber Security experts, financial crime specialists and Business Analysts.

The expansion enables Carne to further strengthen its client offering in the investment fund governance solutions sector as it experiences rapid growth due to greater regulation and increasing demand from investors for independent oversight of assets.

Commenting, Group CEO of Carne, John Donohoe, said: “The demand for our next generation technology and risk driven asset management solutions continues to drive rapid growth across the entire Group. The expansion of our Kilkenny financial services centre and the opening of our new financial services centre in Wexford reflects this. Our ambition is to support our asset management clients to revolutionise their businesses and our experience is that regions such as Kilkenny and Wexford have a rich pool of talent that can help us achieve this.”

Carne Group’s Ireland CEO, Yvonne Connolly, said: “We believe that Wexford and Kilkenny can provide us with the next generation of asset management experts to join our rapidly expanding Irish business. Carne is helping asset managers to revolutionise how they meet their data, due diligence, compliance, risk and operational requirements and providing them with the management information they need to control their business.”

Kevin Sherry, Executive Director, Business Development, Enterprise Ireland, said: “Enterprise Ireland has worked closely with Carne Group over a number of years both in Ireland and overseas in supporting the company’s growth plan to become a market leader in Fund Services. For many of the global fund managers that have chosen Ireland, Carne Group has become a key partner in Ireland and internationally in the provision of a range of world class Fund Services. It is exciting to see this highly innovative company go from strength-to-strength with the opening of its new regional site and the announcement of the creation of new jobs here in Wexford and Kilkenny which Enterprise Ireland is pleased to support. Enterprise Ireland looks forward to continuing to work with Carne Group as it increases scale and further expands its global market reach in delivering on its ambitious growth plan.”

Recruitment for the new positions is now underway. For more information on the roles, please visit www.carnegroup.com.

CAPTION:

Pictured (l-R): Michael D’Arcy TD, Minister of State at Dept. of Finance; John Donohoe Founder & Group CEO Carne Group; Kevin Sherry, Enterprise Ireland; Yvonne Connolly, CEO Ireland Carne Group; Paul Kehoe TD, Minister of State at Dept. of Defence; and Pat Lardner, CEO Irish Funds.