First Derivatives : joins the Irish Funds Industry Association

Newry, March 31st: First Derivatives (FD) has announced that it has joined the Irish Funds Industry Association. Founded in 1991 the Irish Funds Industry Association (Irish Funds) is the representative body for the international investment fund community in Ireland.

By becoming a member, FD will look to further enhance its reputation as a leading services firm supporting the fund and asset management industry in Ireland.

'First Derivatives has been working within the global asset management industry for many years,' explains David Collins, MD of Consulting and Managed Services. 'We combine our global experience, deep knowledge of the Irish market and insights into the ever-changing industry landscape to help our clients evolve their businesses. We look forward to taking an active role in the association, speaking at events and nominating colleagues to sit on working groups especially around environmental risk, regulatory compliance and the use of data.'

FD has been supporting the financial services Industry in Ireland since 1996, counting most of the domestic firms and many of the world's top investment banks, prime brokers, asset servicers and funds as customers. With a reputation for deep domain knowledge combined with technical expertise, FD has evolved to become one of Ireland's leading technology and services companies.

Collins adds: 'One of our missions is to help clients capitalise on the data revolution that is transforming the industry. Our experience in helping clients accomplish some of the greatest and toughest operational, data and technology challenges gives us a unique perspective. We aim to share this experience and expertise with the Association's membership so that together, we can continue to advance the interests of Ireland's fund and asset management industry on a global stage.'

About First Derivatives:

FD is a global technology, managed services and consultancy provider with more than 20 years of experience working with some of the world's largest finance, technology, automotive, manufacturing and energy institutions. The Group's KX technology, incorporating the kdb+ time-series database, is a leader in high-performance, in-memory computing, streaming analytics and operational intelligence. KX delivers the best possible performance and flexibility for high-volume, data-intensive analytics and applications across multiple industries. FD operates from 15 offices across Europe, North America and Asia Pacific, including its headquarters in Newry, and employs more than 2,400 people worldwide.

For further information, please visit www.firstderivatives.com and www.KX.com