The new office reflects the firm’s commitment to the European market and its aim to drive growth globally.

Technology and investment solutions provider SEI®, which manages approximately $1.5 trillion in assets, has just opened a new office space in Dublin.

SEI’s Dublin operation has grown over the last five years, increasing its headcount by more than 125 per cent. The office is now SEI’s largest in Europe, with more than 400 employees servicing its European clients and nine out of its top-10 global clients.

The financial services industry contributes about €18.2 billion ($19.9 billion) to Irish GDP every year, as well as €2.7 billion of corporation tax. It employs over 103,500 people across Ireland, with an additional 20,000 employed in auxillary services that support the sector.

Located in the heart of Dublin at One Charlemont Square, the office space was co-designed by the architect and SEI’s employees, the firm said in a statement. The office incorporates the latest in hybrid meeting technology with flexible meeting spaces; it allows teams on the same floor to work cross-functionally, enabling collaboration and accessibility for all colleagues.

“SEI sits at the intersection of technology, operations, and asset management,” Bryan Astheimer, head of SEI’s investment managers business for EMEA, said. “We’re thrilled IDA Ireland have supported us with the opening of our new office space in Dublin. Our new footprint is inspired by our employees and fosters a collaborative environment that enables us to continue nurturing our culture and enhancing the client and employee experience,” he continued.

“SEI have been contributing to Ireland’s financial services sector for many years now, and their commitment to Ireland has been hugely appreciated,” Minister Neale Richmond, minister of financial services, added.

“Since opening their first Dublin office in 1995, SEI has contributed to Ireland’s success and growth, and their continued investment in Dublin bolsters our country’s position as a significant financial and economic hub. We wish them continued success with their contributions to the national and global financial sector,” Michael Lohan, CEO of IDA Ireland, said.