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Minister launches new €3m research project in Killorglin

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ANNOUNCEMENT: Minister for Finance, Public Expenditure and Reform, Paschal Donohoe TD was at Fexco Headquarters in Killorglin to launch FINTECHNEXT. From left: Dr Ciar‡n Seoighe (Deputy Director General, Science Foundation Ireland), Denis McCarthy (CEO Fexco) and Professor John O'Halloran (Deputy President UCC). Photo: Valerie O'Sullivan

Minister for Finance, Public Expenditure and Reform, Paschal Donohoe TD was in Killorglin on Friday last to launch FINTECHNEXT – a new €3 million research project which will run for four years from 2019 to 2022.

The project is a financial technology (fintech) research collaboration between technology company FexcoUniversity College Cork (UCC) and Science Foundation Ireland (SFI).

The €3 million investment in the project will be provided by Science Foundation Ireland and Fexco in equal parts, with critical knowledge and expertise provided by researchers at the Cork University Business School (CUBS) within UCC.

The collaboration will see a team of 12 newly appointed researchers led by UCC, partner with Fexco in the delivery of applied and funded research dedicated to disrupting three key fintech verticals; Treasury and FX, Digital Taxation, and Corporate Asset Administration.

The research team will be co-located between Fexco Headquarters, where the company already employs over 1,000 of its global 2,300 strong workforce, and UCC. This collaboration, led by Professor Philip O’Reilly of CUBS, aims to stimulate the joint development of innovative solutions that will put Ireland on the world map as a fintech innovation hub. In July 2018, Fexco announced plans to recruit 175 additional high-skill staff to expand its research, development and information technology capabilities.

“Investment in research is key to developing and delivering the next generation of products, services and innovations that will disrupt the fintech sector, an industry that has been critical to the continued growth and development of the south west of Ireland and of Fexco,” Denis McCarthy, CEO Fexco, said.

“Fexco will enjoy a dual benefit from this project, the first is the opportunity to be at the forefront of identifying new trends and technologies that could create new markets for our business and the second in welcoming a team of world-renowned research experts to the organisation. Fexco’s staff, including myself, stand to learn a huge amount from them, and I want to wish all of the partners in FINTECHNEXT every success.”

 

 

 

 

 

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Deenagh Lodge to host Alzheimer’s Memory Walk

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Killarney National Park will serve as the venue for this year’s Kerry Alzheimer’s Memory Walk on Sunday, September 20.

Participants will gather at the Deenagh Lodge ahead of an 11.00am start to complete a 5km scenic route through the park.

The event takes place on the eve of World Alzheimer’s Day as part of a nationwide series of walks supported by Aviva.


Now in its seventh year, the initiative raises vital funds for The Alzheimer Society of Ireland to support local dementia services, including daycare centres, family carer training, social clubs, dementia cafés, and the national helpline.

Last year, nearly 3,000 walkers across Ireland raised over €240,000 for the cause.


The Kerry walk will be led by local champions Kathriona Sheehan, Niamh Murphy, Lynda Phillips, and Melissa Molyneaux, who are walking in support of all those living with dementia.
“We are proud to lead our annual Alzheimer’s Memory Walk supported by Aviva to help fund local dementia services in Kerry,” they said. “The event is about community and helping spread awareness by walking together to raise vital funds for care, support, and hope for the days ahead. Join us in Killarney on Sunday, 20th September to show your support.”


With over 40 walks scheduled across Ireland, members of the public can walk in memory of a loved one or to show solidarity. Further details and registration are available at memorywalk.ie.

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Gary Moynihan wins racecourse style title

Style reigned supreme at Killarney Racecourse as local resident Gary Moynihan and Offaly’s Sylwia Novak captured the top honours at the Canella Lane Best Dressed Day. Moynihan, a local neuromuscular […]

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Style reigned supreme at Killarney Racecourse as local resident Gary Moynihan and Offaly’s Sylwia Novak captured the top honours at the Canella Lane Best Dressed Day.

Moynihan, a local neuromuscular therapist, claimed Best Dressed Gentleman in a made-to-measure six-button burgundy double-breasted suit with a navy check from Saville Menswear in Cork. He completed the winning look with a shirt and paisley tie from Simply Suits Killarney and brown derby shoes from Pavers at the Killarney Outlet Centre.
Best Dressed Lady was awarded to Novak, a hospital personal assistant from Tullamore, who wore a red polka-dot ensemble and custom hat designed by milliner Rita Daly, featuring sustainable jewellery made from recycled plastic.
Canella Lane owner Ciana Aspell praised the high standard of fashion on the day, while Killarney Racecourse Manager Karl McCay thanked the sponsors and racegoers for their support.
With the summer season now wrapped up, the team at Killarney Racecourse is gearing up for the October Festival on October 4 and 5, featuring its first-ever Student Raceday with SPIN South West on the Monday. Early ticket booking is advised.

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