Financial services firm SEI has opened a new office in Dublin, Ireland, seeking to reinforce its commitment to the European market and focus on driving strategic growth globally.

SEI stated that its Dublin operation had experienced “significant growth” over the past five years, with its headcount rising by more than 125 per cent.

The office is now SEI’s largest in Europe, with more than 400 staff servicing its European clients and nine out of its top 10 global clients.

Located in the One Charlemont Square, the office space was co-designed by the architect and SEI’s employees.

SEI stated that the office incorporates the latest in hybrid meeting technology with flexible meeting spaces and allows teams on the same floor to work cross-functionally, enabling collaboration and accessibility across all colleagues.

Commenting on the announcement, SEI investment managers business for EMEA head, Bryan Astheimer, said: “SEI sits at the intersection of technology, operations, and asset management. Our clients and their investors have benefitted from our solutions for more than 55 years - with nearly 30 of those years in Europe.

“As asset managers’ needs increasingly become more complex, not only can we solve their challenges with our operational strength and sophisticated solutions, but our world-class talent also provides premier client service.

“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.”

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

“I want to congratulate SEI on the opening of their new office space, now their largest in Europe, and wish them all the best on their future in Ireland.”

---