Irish-owned International Financial Systems (IFS), which specialises in web-enabled collateralised trading and risk management software for financial markets, has opened a new office in New York.

IFS hopes it will act as a springboard into the banking sector in the US where it already has a significant customer base.

Pictured at the opening are (left to right): Mr Liam Haran, US account manager, with company co-founders, Mr Vincent Coldrick and Mr Ken Coldrick.