business and leadership

76 jobs announced for Waterford and Kilkenny through new IDA clients Bluefin and CipherTechs

The establishment of operations by two new IDA Ireland clients will see 76 jobs being created in Kilkenny and Waterford over the next five years.

Atlanta-headquartered Bluefin Payment Systems, which provide a secure payment platform for merchants, independent software vendors (ISVs) and financial institutions, is setting up a technology and operations centre in Waterford city that will create 40 jobs over the next three to five years. 

And CipherTechs, Inc, a privately held information security services provider headquartered in New York, is setting up its EMEA headquarters in Kilkenny, creating 36 new jobs over five years at its security operations centre.  The company was introduced to Ireland through ConnectIreland.

Bluefin is initially establishing a 24/7 network operating centre (NOC) at Cleaboy Business Park in Waterford that will be responsible for monitoring the company’s security and payment processing platforms. The company said ongoing growth at this location will be fuelled by information technology, customer support and sales personnel to support the existing North American market and planned growth in Europe.

The company expects to collaborate closely with the Telecommunications Software & Systems Group (TSSG), which is located in Waterford Institute of Technology (WIT), to leverage its experience and expertise in software and start-ups.

“Our Waterford location will be critical to our operations in North America and as we expand into Europe at a time when more and more companies are partnering with Bluefin to protect themselves from hackers and damaging data breaches,” said Bluefin’s CEO, John M Perry.

CipherTechs’ security operations centre (SOC) will complement the company’s existing SOC managed services in New York, facilitating intelligence sharing with US colleagues identifying emerging threats overnight. The company’s technologies enable it to monitor and capture data going in and out of clients networks. Data is collected and analysed by the SOC to identify irregular behaviours or patterns.

“CipherTechs will act as a valuable reference seller for IDA in working to attract high growth cyber security companies to regions, while Bluefin will add to a growing cluster of financial services companies in Waterford and the South East, confirming the region as a prime location for such business,” said IDA Ireland CEO, Martin Shanahan.

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