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Executives from the Sumitomo Mitsui Financial Group open trading at the New York Stock Exchange last year. The group's IT subsidiary will create 100 jobs in Tralee in the coming years. AP

Financial services IT company creating 100 jobs in Tralee

JRI America, a subsidiary of a Japanese IT financial services company, will create the positions in Tralee over the next five years.

100 JOBS are to be created over the next five years by a software development company specialising in financial IT services.

JRI America, a subsidiary of Japan Research Institute Ltd, will create the positions at Kerry Technology Park in Tralee. Recruitment for the highly-skilled positions is already underway.

The Tralee operation will support IT operations for JRI’s parent company Sumitomo Mitsui Financial Group in the Western hemisphere, including operations in the US, UK and Dubai.

The jobs are being transferred from operations in India.

Arts minister Jimmy Deenihan, a local TD who announced the positions this morning, said the investment showed “our capacity to provide an increasingly competitive, business‐friendly environment in which technology companies can grow and develop”.

JRI America president Michael O’Dea said Ireland offered the company “a unique opportunity where there is not only strong government support for innovation and business, but also a deep pool of talented people with strong technical skills from which to build our team.”

The Industrial Development Authority welcomed the news, saying the south-west was an important regional target for job creation.

Sumitomo Mitsui Financial Group owns Japan’s second-largest bank, and employs over 61,500 people around the world. Its current market value is some €29.6bn.

News of the jobs came hours after Google announced it was building a new €75m data centre in Dublin, in a move which will create 200 temporary construction jobs and 30 full-time positions.

Irish weather brings 230 new jobs with Google data centre >

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