Press Release 27 Mar 2017

Enniscorthy, Co Wexford - Monday, May 26th 2014 – Minister for Jobs, Enterprise and Innovation Richard BrutonTD today announced that INDOS Financial Limited (INDOS), an independent business that provides depositary services under the Alternative Investment Fund Managers Directive (AIFMD), plans to expand its Irish office, based in Enniscorthy, Co. Wexford, with the creation of up to 10 jobs.  The investment is supported through the Department of Jobs, Enterprise and Innovation through IDA Ireland.

INDOS, a privately owned business head quartered in London, was established in 2012 principally to enable alternative investment fund managers managing non-EU alternative investment funds to meet new depositary requirements required by the AIFMD. The AIFMD comes into full effect for the majority of managers in July this year.

INDOS specialises in the provision of independent depositary services for alternative investment funds, many of which will already be administered by fund administrators based in Ireland.

Making the announcement Minister Bruton said: “This is a great boost for Co. Wexford. International financial services is a sector we have targeted as part of the Action Plan for Jobs, and today’s announcement that a multinational company in this sector is expanding its operations in Enniscorthy and creating 10 jobs is great news. I wish the company every success with this project”.

Bill Prew, INDOS CEO, said “We initially chose Enniscorthy given its proximity to Dublin where many of our clients will already be administered, the lower cost base compared to a city location, and the large pool of experienced staff in the locality and surrounding areas. We have been encouraged by the response to our recruitment efforts to date and look forward to growing our team during 2014.”

Commenting on the announcement Barry O’Leary, CEO, IDA Ireland said “INDOS is a very welcome addition to the financial services sector in the South East region.  Ireland is a globally recognised location for servicing alternative investment funds.   IDA looks forward to working closely with the company as it expands its operation in Ireland."

INDOS established its Irish office in Enniscorthy in Q4 2013 and is now seeking to grow its Irish business in response to demand for its services ahead of July. Recruitment for the roles is on-going and will continue through 2014.

For more information visit
Media queries 
INDOS Financial Limited  -
Ellen Lynch, IDA Ireland – 086 8198794
Recruitment queries

Contact Us

Contact IDA Ireland

You'll find us responsive to your needs, proactive, professional and willing to go the extra mile.

Contact IDA Ireland

Cookie Notification

We use necessary cookies to run our website. We also use cookies for analytical and advertising purposes. More information on what cookies we use can be found here. To consent to the use of ALL cookies click “I Accept”. You may visit Cookies Preference to manage which cookies we may use.

Go to Privacy Centre