Posted on Thursday 26 June 2014 by Ulster Business

Danny moore brings 31 it jobs to belfast

Danny Moore is the chief operating officer of Options. He previously set up Wombat before selling the business to NYSE Technologies.

The founder of one of Northern Ireland's most successful financial services firms has helped bring an arm of his new company to Belfast with plans to create 31 IT jobs.

New York and London-based financial technology firm Options will set up a new base in the city and generate around £1.1m in salaries, a figure which works out at an average wage of over £35,000 a year.

Mr Moore was the founder of Wombat, which provided IT services for trading companies, before selling the business to NYSE Technologies in 2008.

He joined Options, which services hedge funds, exchanges and investment banks from its offices in London, New York, Chicago, Hong Kong and Singapore, in 2013 as chief operating officer and said Belfast is the obvious choice to help with the company's ambitious expansion plans.

"The burgeoning financial technology sector here, coupled with a dynamic, motivated and highly educated workforce, makes Belfast a perfect fit for Options," Mr Moore said. "The breadth of local talent, both technical and non-technical, is the reason we brought Wombat to Belfast, and later NYSE, and I've no doubt that it was this talent that helped propel Wombat to its ultimate success. Similarly, I fully expect Belfast to be an integral part of Options' future growth."

Enterprise Trade and Investment Minister Arlene Foster said the skilled workforce proved a strong draw for Options.

"Options was also influenced by the positive experience of other financial IT companies here, such as Citi and CME, and by the strong links between industry and our university research groups in Belfast and Londonderry."

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