NYSE will spend £3 million ($5.9 million) and double the workforce at its Wombat Financial Software business to about 200.
"I'm pleased to have one of the development centres here instead of some of the other places I could have had that are a) more expensive and b) not as well positioned to get the best and brightest," chief executive Duncan Niederauer told reporters.
NYSE earlier this year bought Wombat for $200 million, part of a plan to generate more revenue from technology to cut reliance on fees from trading stocks and derivatives as competition intensifies in the US and Europe.
Wombat was formed in 1997 and runs a platform that offers traders high-speed market data and messaging along with direct connections to big securities markets. The US-based company has more than 100 customers, including the world's 12 largest financial institutions, NYSE Euronext said. In 2007, Wombat's revenue more than doubled to $28 million, according to the exchange.
• Montreal-based Bombardier Inc, the world's third-largest aircraft maker, said it will spend £70 million at its manufacturing plant in Belfast. According to Industry Minister Nigel Dodds's department, the investment will cover a range of technologically advanced aircraft development projects and incorporates more than £50 million for the manufacture of major components for the new Bombardier CRJ1000 regional 100-seater aircraft.
The announcement is supported by Invest Northern Ireland to the tune of £10 million.
• Mountain View, California-based Cybersource, which processes payments for web retailers, plans to add 56 jobs.
Cybersource chief executive officer William McKiernan, whose grandfather emigrated from Ireland to New York 104 years ago, said he looked at locations in China, India and Russia before choosing Northern Ireland.
A funding package from state agency Invest NI "mitigates our costs for the first year here", he said.
Independent News Media is to invest an additional €10 million at its Newry Print Centre for further expansion and the purchase of two high-speed print towers.
• INM opened the print facility in Newry's Carnbane Industrial Estate a year ago. Representing an investment in excess of £20 million, the 60,000 sq ft plant created employment for more than 40 staff.
Due to come on-stream in the first quarter of 2009, the £7 million expansion will cater for the production of high-quality glossy magazines of up to 120 pages in size in one pass. The plan involves two additional high-speed towers, one for the coldset press and one for the heatset press, to enable the production of the ever-increasing page requirements of daily newspapers.
