Tue, 1 Jul 2014First Derivatives Group, a global provider of trading and risk management software systems and consulting services, is to create 484 jobs in Newry, Northern Ireland.

NI’s First Minister Peter Robinson said that the new jobs would generate more than “£22m a year to the local economy in salaries and provide high quality employment opportunities”.

Regional business development agency Invest Northern Ireland has offered a total of £3.9m to support the Group’s expansion plans.