Media group Insider to create 50 jobs in Belfast

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Insider, which was founded in New York in 2007, employs about 1,000 people worldwide

Insider, the financial news business, is setting up a new back office in Belfast.

The "technology and product hub" aims to employ 50 people in the city by the end of June 2024 in roles including in project management and IT support.

Insider, which was founded in New York in the United States in 2007, employs about 1,000 people worldwide.

Since 2015, it has been owned by the German-based media company Axel Springer.

Henry Blodget, co-founder and CEO of Insider said the Belfast operation would be "focused on improving our data products, subscription services, content syndication and testing automation processes - all of which are so important to our business."

Economy Minister Gordon Lyons said it was "a highly mobile project with a number of locations in the running".

"As part of Invest NI's engagement with the company to help win this project, I first met the senior team in March. I am delighted to be back with the team today to make this announcement," he said.

Meanwhile, Citi Group is to add a further 400 staff to its Belfast operation.

The US bank is already one of the city's biggest employers with about 3,700 staff.

James Bardrick, head of Citi UK, told Bloomberg the company was looking for people in "compliance, legal HR, markets support functions or technology".

Citi has been in Belfast since 2005, one of the first major professional services companies to locate a significant back office in Northern Ireland.

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