In 2023, FinTrU opened a centre in Porto to support investment banks worldwide. Specialising in the development of technological solutions that help financial institutions meet their legal and regulatory obligations, and client lifecycle management, the company found in Porto “an attractive destination for long-term investment”.
When it decided to establish a centre in Portugal, the Northern Ireland-headquartered multinational FinTrU was focused on two main goals: expanding the company’s global presence and strengthening its ability to serve a growing number of first-level (Tier 1) investment banks. “Porto stood out as the ideal location for this delivery centre, offering strong alignment with international operations”, recalls Telmo Fernandes, Site Lead at FinTrU Porto.
Access to qualified talent was a decisive factor. “Porto has excellent universities and a highly skilled workforce with an outstanding work ethic, especially in key areas for our business such as KYC (Know Your Customer), Compliance, Legal, Risk and Technology, as well as above-average language skills”, he highlights.
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