DMS Ireland Expansion To Create 50 New Jobs

Up to 50 news jobs are to be created in Dublin with the expansion of DMS.

The firm has confirmed it is to open a new, modern office in the city.

The new jobs will be based in risk, trade execution, verification, settlement, investment management support and governance roles.

The announcement is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

DMS Governance Ltd (DMS), founded in 2000, already employs 50 people at its European operations centre in Dublin, with today's announcement bringing that total employed to 100 by 2017.

Making the announcement Minister for Jobs, Enterprise and Innovation, Mary Mitchell O'Connor, said: "DMS are to be commended on reaching their target of 50 jobs ahead of schedule and are now in a position to create a further 50 new jobs. This announcement is further evidence of the Government's commitment to job creation. One of my priorities as Minister is creating an environment where job growth can thrive. I believe only a strong economy supporting people at work can pay for the services needed to create a fair society. I wish the DMS team every success in their new offices.''

Managing Director for DMS Europe, Derek Delaney added: "This is the second jobs announcement for DMS in the Dublin market. We had anticipated that the 50 jobs announced 2 years ago would take us to the end of 2017, however demand for Irish regulated funds has increased significantly in the interim and DMS are both fortunate and proud to be recognised as the standard bearer for provision of management company services to US, UK, European, Asian and other investment managers since coming to the European market."

(MH/CD)