Northern Ireland

Newry firm First Derivatives creates 50 new jobs

Fifty new jobs for graduates have been created by a County Down computer software company.

First Derivatives in Newry provides software and consulting services to the financial services industry.

It brings the workforce at the company to a total of 450. The new recruits will initially be based in the city.

However, the firm said they would have an opportunity to work in its offices across Europe, North America, Asia and Australia.

The recruitment is part of a second intake of the company's 'Options' programme.

First Derivatives' Chief Executive Brian Conlon said the programme "enables our new employees to develop a deep understanding of our business, our markets and what our clients need and ultimately allows the company to reach its full potential".

First Derivatives has made a series of acquisitions over the last 18 months.

It employs about 450 people and last year made a profit of £4m on sales of about £26m.

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