Minister for Jobs, Enterprise & Innovation Mary Mitchell O’Connor and IDA Ireland have welcomed the opening by Deutsche Bank of a data lab in Dublin that will create 40 new jobs.
The company also announced plans to create a further 125 technology and operations roles in Dublin supporting its global markets and corporate & investment banking divisions.
The data lab, known as The Hive, will be a global centre of excellence for the Bank.
Minister Mary Mitchell O’Connor, said: “This project by Deutsche Bank represents a great vote of confidence in Ireland and its attractions for financial services companies. The new data lab builds on the bank’s strong investment and job creation here over recent years and the provision of an additional 165 quality jobs is very welcome indeed.”
Martin Shanahan, chief executive of IDA Ireland, added: “Deutsche Bank’s choice of Dublin for its new data lab is a great endorsement of the technology talent and expertise here. The addition of another 125 jobs following on from the company’s announcement of 700 jobs just three years ago clearly shows potential investors that Ireland is a compelling location for international financial services where global companies can build large teams in a relatively short space of time due to the quality of the workforce available to them.”
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