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Basildon for business case study - International Financial Data Services

Opened in Basildon in 2002. International Financial Data Services is a global investor and policyholder outsourcing organisation, providing administration, technology and operational support for the financial services industry.

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Company name

International Financial Data Services

Established in Basildon

2002

Sectors the company operates in

Financial Services

Description of what the company does and notable achievements

Provision of administration, technology and operational support for the financial services industry.

Size of company (number of employees)

4,000 throughout Europe with around one quarter of these working at our Basildon HQ

Experience of doing business in Basildon

We are a global investor and policyholder outsourcing organisation, providing administration, technology and operational support for the financial services industry. Since moving to Basildon in 2002 we have continued to grow substantially year on year.

Our 10,312sq meter site in Basildon now represents our European headquarters, twinned with our North American and Asian head offices in Canada and Hong Kong. Our Basildon location means we are conveniently positioned within close proximity to our London based clients, but do not incur the high costs usually associated with operating from within the City. Our site is about ten minutes' drive from the M25 and around 30 minutes by train from Fenchurch Street.

We employ around 4,000 people throughout Europe, with around one quarter of these working at our Basildon HQ. When recruiting, we often attract individuals that live nearby and are looking to work locally for a large organisation. We are also able to capture those employees previously based in the City or Canary Wharf who have decided to reduce their daily commute but maintain career development opportunities within the industry.

Simon Hudson-Lund, Executive Chairman, International Financial Data Services

Visit website: International Financial Data Services (IFDS)

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