Eoghan Murphy: State Street Advanced Technology Centre could make Cork a second city for financial services

Earlier this month, I officially opened the State Street Advanced Technology Centre at University College Cork. One of this Government’s key objectives is to facilitate the creation of high-value jobs in the financial services sector and to ensure that the benefits of such investment reach right across the State.

Our schools, colleges, and universities have a vital role to play in ensuring that the workforce is equipped with the skills required by companies looking to develop here and the technology centre at UCC is a great example of partnership between education and commerce.

State Street, an international bank with Irish operations in Dublin, Kilkenny, Drogheda and Naas, has joined forces with both UCC and a university in China to set up research and development facilities in both countries, aimed at developing programmes in the financial technology sector.