Business

Arity director named as north's new fintech envoy

Andrew Jenkins. Picture by Kelvin Boyes
Andrew Jenkins. Picture by Kelvin Boyes Andrew Jenkins. Picture by Kelvin Boyes

ARITY director Andrew Jenkins, has been named as the UK Government’s new fintech envoy for Northern Ireland.

Set up by US Insurance giant Allstate in 2016, Arity is a mobility data and analytics company.

Mr Jenkins, who has more than 20 years experience in the tech sector, succeeds Allstate director Georgina O’Leary, who was last year named as the first fintech envoy for Northern Ireland.

The appointment was made by the UK’s Economic Secretary to the Treasury, John Glen.

Around 36,000 people are believed to be employed in the north’s financial services sector.

Reacting to the appointment, Mr Jenkins said: “I am honoured to be chosen as the Fintech Envoy for Northern Ireland, where I will collaborate with the sector here to harness our incredible potential to lead the region and beyond in Fintech expertise and offerings.

“I will work to bring together business and civic leaders to invest in leading edge technologies and applications, focusing on emerging capabilities in blockchain, artificial intelligence and data security, to further grow the sector in Northern Ireland.

“Our mandate as part of the UK Fintech strategy is to capitalise on what we have already have in place here in Northern Ireland. With strong Government support, close collaboration between big companies and start-ups and a world class workforce, Northern Ireland has the potential to become the best place in the world to start and build a Fintech company.”