The Manhattan Presence Boosts Ability to Recruit Local Talent
Edison, N.J.: IT services company Iris Software Inc. of Edison, New Jersey has opened an office in New York City, securing a presence in the world’s financial capital. Iris Software expects the Midtown Manhattan office to respond faster to the needs of its existing clientele. It will also better position the company to acquire and service new clients in the tri-state region.
Iris's New York City office opened in early 2010, and is one of its four global locations. The others are in Edison, New Jersey; Stamford, Connecticut and an offshore development centre in New Delhi, India.
Set up in 1991, Iris Software has emerged as one of the fastest growing companies in its industry. Iris's revenues have clocked a compounded annual growth rate of more than 35% in recent years.
Faster Client Response
With its New York City office, Iris Software expects to be closer to its marquee clientele that includes Barclays Capital, Bank of America, Nomura Securities, UBS, RBC Capital Markets and DirecTV, among others. The Manhattan office helps it respond to those clients’ needs more efficiently and expeditiously.
With its own office in New York City, Iris Software expects clients in the City to account for 55%-60% of its overall revenue base; they currently make up about 45% of its revenue. The new office houses seven employees; plans are to increase that to 12 people by the end of 2011.
Closer to Top Talent
Iris Software is now also better placed to acquire talent from New York City’s five boroughs. It is actively looking to hire people residing there. It believes New York City residents possess the right work ethic and cultural values to service clients in the metropolis. Iris offers an entrepreneurial, high-energy work environment that promotes continuous learning and a culture of ownership and initiative.
Contact us at:
Iris Software, Inc.
200 Metroplex Drive, Suite #300
Edison, New Jersey 08817, USA
Tel: (732) 393 0034 Fax: (732) 393 0035
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