Odyssey creates Glasgow jobs with new software development centre

Odyssey creates Glasgow jobs with new software development centre

Wealth management software vendor Odyssey Financial Technologies is opening a centre of excellence in Glasgow, in a move that could lead to 200 jobs in the city in the "medium term".

Odyssey, which was founded in Luxembourg in 1995, specialises in front and middle-office software for the private banking, and wealth and asset management industries.

The firm plans to recruit 20 software developers for the Glasgow project in January with a potential increase "if the market developments are positive".

James Thomson, SVP, R&D and customer support services, Odyssey, says: "Scotland has a long-established financial services community, superb infrastructure, great universities and a wonderful can-do attitude; we are excited by the potential we have found there."

Jim Watson, senior director, financial services, Scottish Enterprise, adds: "Already home to JP Morgan's European Technology Centre, Glasgow is continuing to prove to be a successful location for financial services technology companies. Companies, such as Odyssey, are able to draw on a large pool of skilled labour including the many hundreds of IT graduates each year from the city's four universities."

Earlier this year Tesco Bank outlined plans to create more than 800 jobs in the region by opening a customer service centre in Glasgow.

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