Wombat, a provider of technology for market-making systems, electronic-trading floors and tick-capture platforms, has opened a new development center in Northern Ireland. Initially staffed by three developers, plans are in hand to add 20 more engineers and support staff by the end of 2005 to service Wombats expanding European and Eastern US client base.
Leading the Belfast team are Conall McGleenan, development center manager; Conor Allen, product manager, Wombat’s universal feed handler; Tristan Bane, product manager, applications; and Kieran Northime, recently named business development manager, Europe. All report to Danny Moore, global head of sales, marketing and development who is based in Wombat’s New York sales office.
The Wombat decision to locate to Belfast follows Intel Corp’s May 19 announcement that it will invest $2bn (1.13bn) to build next-generation manufacturing facilities in Ireland and produce 300-millimeter wafers there in 2006.
Wombat is a Nevada, US-based software company specializing in the development of high-performance, extremely low latency market data technology for brokers, market makers and hedge funds. The company was founded in 1999.