State Street Opens Cyber and Tech Unit in Ireland

State Street Corporation, one of the world’s leading providers of financial services to institutional investors, is to establish a new specialist 400-strong team in Ireland to provide technology infrastructure and cybersecurity services to support group operations globally. State Street celebrates 25 years in Ireland and 20 years in Kilkenny this year and currently employs approximately 2,000 staff in Ireland across Dublin, Drogheda, Naas and Kilkenny. According to a story in MarketsMedia news, Ireland has been selected in large part due to the availability of relevant and skilled technology talent – existing and emerging – from universities and third level institutions, as well as the need to have a location outside the US for time zone support purposes. The new unit will be located at IDA Ireland Business and Technology Park in Kilkenny where State Street already employs approximately 600 staff and where the firm is in the process of developing a new state-of-the-art office. The new unit will employ up to 400 high value, experienced and graduate level roles, across: programming, Cybersecurity Operations Analysts, Cybersecurity Instrumentation Engineers, Data Scientists, Cybersecurity Architects (Network, Identity Access Management and BlockChain), Cybersecurity Forensics/Investigations, Pen Testers and Governance as well as Risk and Compliance experts. The new roles will be filled on a phased basis over the next 2 years.