A New York company that provides market intelligence, data and technology to capital markets and corporate professionals around the world plans to open a 250-person operation in Raleigh, officials said Thursday.
Ipreo Holdings expects to invest more than $3 million in the business center by the end of 2017.
“The North Carolina Research Triangle combines one of the deepest pools of technology talent in the U.S. with a highly respected university system from which we can recruit the caliber of individual that we at Ipreo demand and our clients expect,” Chief Executive Scott Ganeles said in a statement.
Ipreo’s market intelligence and platforms facilitate issuing equity and debt securities and investor communications for leading investment banks, financial firms and publicly traded companies.
The Raleigh office will provide product development, client services and analytical functions and will serve as a base for future growth, officials said.
Total payroll is estimated to be $15.7 million plus benefits.
The company employs more than 650 people in offices on five continents.
The state Economic Investment Committee voted to provide Ipreo with a Job Development Investment Grant, which allows the company to receive rebates of up to 65 percent of the state withholding tax paid for the new employees over nine years if hiring and investment targets are met. The grant could yield nearly $3.8 million for the company.
