A US financial company is investing £4.7 million sterling in setting up a data centre and technical support facility in Belfast, it was announced today.
The investment by Florida-based Ocwen Financial Corporation is being backed by Invest Northern Ireland and will initially create 12 jobs in the capital-intensive project.
Invest NI chief executive Mr Leslie Morrison said in the long term, the project offered "tremendous growth potential" and would provide an excellent opportunity for Northern Ireland to further expand its information and communications technology sector.
"This project will accrue significant benefit to the economy. It is creating very high quality, high value jobs and introducing new technologies that will further enhance and diversify the skills of Northern Ireland's workforce."
Ocwen is a global leader in the development of software, voice-over IP and network technology.
The investment involves the establishment of a Data Centre that will provide half of all processing capacity and communications support for Ocwen's global operations.
It will also serve as a global communications hub supporting international voice and data traffic transport, routing and monitoring.
Invest NI provided assistance of £240,000 sterling towards the total project costs of £4,769,000 sterling.
PA