ABOUT FINTECH NORTHERN IRELAND
FinTech, short for financial technology, is one of the fastest growing industries in Northern Ireland. It includes areas such as Blockchain and Artificial Intelligence (AI) which are continuously transforming how businesses operate through cutting edge automation and technology.
Northern Ireland has fast become a leading location for businesses, especially those within the FinTech industry. Belfast is currently the world’s number one location for FinTech investment with almost 40,000 employees in the financial and professional services sector across NI. Global companies such as PwC, Deloitte, Liberty Mutual and Allstate have massively expanded their operations here more with big names choosing cities like Belfast and Derry for office space. Northern Ireland’s start-up industry is also growing due to investment from InvestNI and Catalyst.
The unrivalled talent pool and low cost of operations has enabled Northern Ireland to become the thriving tech hub that it is today.
MEET THE FINTECH ENVOY FOR NORTHERN IRELAND
Andrew has over 20 years experience in the technology sector, including financial services. Andrew is currently part of Arity, a company founded by The Allstate Corporation which works with mobility data and analytics.
"My mandate as part of the UK Fintech strategy is to capitalise on what we have already have in place here in Northern Ireland. With strong Government support, close collaboration between big companies and start-ups and a world class workforce, Northern Ireland has the potential to become the best place in the world to start and build a Fintech company".
Fintech is vital to the future of financial services Northern Ireland is a key player in its success. I will work to bring together business and leaders to invest in leading edge technologies and applications, focusing on emerging capabilities in blockchain, artificial intelligence and data security to further grow the sector in Northern Ireland. I will collaborate with the sector here and with regions across the UK to harness our incredible potential in Fintech expertise.
To support and promote a sustainable, diverse and collaborative world-class Fintech sector in Northern Ireland for the benefit of wider society. I have identified six areas that I will be focusing on:-
- Talent and skills
- Innovation and creativity
- Inclusive Diversity
- Start-up and scale-up Ecosystem
- Sustainable growth
- Fintech as a force for good