FDI

Celebrating FDI in Ireland: Northern Trust – “In fund administration, thought leadership and development is being led out of Ireland.”

By Business & Finance
22 July 2019
Northern Trust-FDI-Ireland

Launching a new series on FDI in Ireland, in association with IDA Ireland, Business & Finance spoke to Melíosa O’Caoimh, Country Head at Northern Trust Ireland.

Melíosa O’Caoimh, Country Head at Northern Trust Ireland, joined the financial services company as Chief Operating Officer in 2003, when it had just 80 employees. She now oversees a team of over 1,600 in Ireland managing almost €600bn in assets. Ms O’Caoimh believes that the opportunity and sophistication of the business in Ireland attracts top talent home from abroad.

 

Ms O’Caoimh says, thanks to Northern Trust’s massive investments in technology,

In fund administration, thought leadership and development is being led out of Ireland. Our teams here are the ones that are designing and developing what the future is going to look like.”

Headquartered in Chicago, IL, Northern Trust is one of the largest banks in the United States and one of the oldest still in operation. Northern Trust has serviced Irish clients since 1989, setting-up its Dublin office in 2000 and its Limerick operations in 2007. Today, it is one of Ireland’s largest fund administrators and custodians.