FIRST Derivatives – the Newry-based specialist technology company – has reported a 27% rise in full-year pre-tax profits, to £5.64 million (€6.56m).

FIRST Derivatives, the Newry-based technology company, has made its second significant overseas investment in as many weeks with a $10 million (€6.6m) acquisition of New Jersey-based software firm, Reference Data Factory (RDF).