World-leading tech firm selects Nova Scotia for its Canadian growth
Tuesday, June 23, 2015
Global Relay, an international, Vancouver-based technology firm, has chosen to grow in Nova Scotia.
Global Relay is the leading provider of cloud-based electronic message archiving, supervision and solutions for the global financial sector, delivering services to 20,000 customers in 90 countries. Global Relay Archive securely captures and preserves email, instant mobile and other messaging.
"Over the past four years, we have focused on scaling our technology and staff to serve the largest global organizations," said Warren Roy, CEO, Global Relay. "Opening a Halifax office is the next step in this process. Nova Scotia has a vibrant tech sector, talented labour and the resources to meet our company's needs and our clients' needs."
The company is a leading solutions provider to the financial industry and services 22 of the 25 top banks, 70 per cent of all United States hedge funds, and more than half of U.S. broker-dealers. The company also provides government and public-sector solutions for freedom of information requirements.
Global Relay has signed a five-year payroll rebate incentive to create 150 jobs in Nova Scotia. Over five years, Global Relay would spend $24,500,000 in salaries, if the company creates 150 jobs. Those new employees would pay provincial personal income taxes of about $2,874,000.
If the company creates 150 jobs over five years, they are eligible to earn up to $2,032,800 in payroll rebates from NSBI.
If the company creates fewer than 150 jobs, it would be eligible for a smaller rebate, based on the number of jobs created.
"International companies inject new money into our economy," said Laurel Broten, Nova Scotia Business Inc. president and CEO. "When companies choose Nova Scotia, they bring new skills to our workforce, hire new graduates, are export intensive and provide opportunities for Nova Scotia companies to become part of new supply chains."
Global Relay has been named one of Canada's Best Managed Companies the past two years by Deloitte and this year was named one of the 50 Best Small and Medium Employers in Canada by global consulting firm Aon Hewitt.
The company will hire software developers and new university and college graduates.
To learn more about career opportunities with Global Relay, visit www.globalrelay.com/about-us/careers.