Business

American financial services firm MIK Fund Solutions creates 10 jobs at Belfast base

Alastair Hamilton, centre, joins Fadi Kaddoura, CEO and gounder, and Marshall Saffer, COO of MIK Fund Solutions in New York
Alastair Hamilton, centre, joins Fadi Kaddoura, CEO and gounder, and Marshall Saffer, COO of MIK Fund Solutions in New York

AMERICAN financial services firm MIK Fund Solutions is to set up a Belfast office - creating 12 highly paid jobs over the next year.

Salaries for the new positions will average at around £63,000.

Invest Northern Ireland offered £84,000 towards the creation of the new roles which include 10 software developers and two business financial analysts.

MIK provides specialised software solutions to the asset management industry. Its customers include large multi-billion-dollar alternative and traditional asset managers.

MID Fund Solutions COO Marshall Saffer, COO said the company was "very excited about our new venture in Northern Ireland".

"Access to high calibre software development and finance professionals, and relevant time zones will help us grow the business," he said.

“Our growth strategy is to expand, support and enhance our product offering. We will be looking for highly-skilled software engineers to help us achieve this. There will be a close relationship with our US team and a great deal of on-the-job training in business, financial and technology concepts. Our office manager is already on the ground to get the offices up and running and begin recruitment.”

Invest NI chief executive Alastair Hamilton helped make the announcement during a visit to MIK's New York offices.

“MIK Fund Solutions is an exciting and ambitious business operating in a niche Financial Services market, with a growing reputation," he said.

"This new office in Belfast will allow the company to extend its software development footprint and to offer ‘follow-the-sun’ 24/7 client-support.

“The company considered a number of locations for this centre but chose Northern Ireland due to the fit with its current strategic direction, citing the supply of highly skilled software engineers, infrastructure and operating costs as key to their decision.”