Financial services company Citi has opened a $24 million centre in Dublin to develop next-generation intelligent payments systems and other products.
Dublin, chosen for Citi’s new Research, Development, Innovation, and Learning Centre
By the end of 2010, the RDIL Centre, Citi’s only dedicated R&D facility, will employ 100 research specialists, analysts and technologists.
Barry O'Leary, CEO of IDA Ireland, the country’s inward investment body, said, “The RDIL Centre will further contribute to Ireland’s reputation as a leading European location for next generation research, development and innovation.”
And with the Irish people due to vote tomorrow (Friday) in a second referendum on the Lisbon Treaty, O'Leary added, “Approval for the Lisbon Treaty will further enhance Ireland’s position as a leading location in Europe for foreign direct investment from all industry and business sectors.”
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