FinTech and financial services
Belfast has a thriving FinTech industry that provides services and technological solutions to international clients including banks, insurance companies, and asset management companies. The city was awarded a FinTech Strategy specialism award in 2021 and is ranked number two for FinTech Strategy among mid-sized European Cities of the Future 2023-2024.
Digital capability and access to outstanding talent has made Belfast home to a diverse range of financial and professional services companies. Global firms such as Citi, Allstate, Liberty Mutual, Aflac and FD Technologies have all established and expanded their operations in Belfast, while investors such as CME Group, Vela, Options IT and TP ICAP have also recently joined the emerging cluster.
Currently Belfast’s core strengths in FinTech and financial services lie in RegTech and compliance, TradingTech, InsureTech, cybersecurity, Artificial Intelligence, and Advanced Analytics.
Momentum One Zero (link opens in new window), a £70million project supported by the Belfast Region City Deal and delivered by Queen's University Belfast, will catalyse the digital transformation of Northern Ireland’s economy and the FinTech sector with its focus on cybersecurity, wireless connectivity, artificial intelligence, and machine learning.
A pipeline of over 5,000 graduates across relevant disciplines such as finance, accounting, economics, law and computing provide a ready supply of skills and talent to support this growing sector.
