A US financial company is investing £4.7m in setting up a data centre and technical support facility in Belfast.
The investment, by Florida-based Ocwen Financial Corporation, is being backed by Invest Northern Ireland and will initially create 12 jobs in the capital intensive project.
Invest NI chief executive Leslie Morrison said that in the long term, the project offered 'tremendous growth potential' and would provide an excellent opportunity for Northern Ireland to further expand its information and communications technology sector.
Ocwen is a global leader in the development of software and network technology.
The investment involves the establishment of a data centre that will feature state of the art technology and provide half of all processing capacity and communications support for Ocwen's global operations.
It will also serve as a global communications hub supporting international voice and data traffic transport, routing and monitoring. Invest NI provided assistance of £240,000 towards the total project costs.
