Fern Software secures significant contracts in Singapore

Date published: 11 November 2024

Economy Minister Conor Murphy has announced that Belfast company Fern Software has secured two multi-million pound contracts in Singapore. 

Pictured at Fern Software’s stand are Eli Fairon, Director, Fern Software; John McGuckin, Managing Director, Fern Software; Economy Minister Conor Murphy; Robin Andrews of Invest NI’s Singapore office; and Kieran Donoghue, CEO, Invest NI.
Pictured at Fern Software’s stand are Eli Fairon, Director, Fern Software; John McGuckin, Managing Director, Fern Software; Economy Minister Conor Murphy; Robin Andrews of Invest NI’s Singapore office; and Kieran Donoghue, CEO, Invest NI.

Fern Software provides cutting-edge software solutions for the financial services sector.  

The contracts, with Singapore Police and the Singapore Government Staff Credit Co-operative Society, were announced following the Minister’s all-Ireland trade mission to Singapore last week alongside Invest Northern Ireland, Enterprise Ireland and IDA Ireland. 

Minister Murphy said: 

“The success of Fern Software in securing these multi-million pound contracts highlights the vast opportunities available to companies from the north, both in Singapore and across the wider Asia-Pacific region. Singapore is a global hub for financial services, and it’s inspiring to see companies like Fern Software leading the way with its innovative solutions.  

“Last week, I was in Singapore with seven local fintech companies, supporting their efforts to increase their exports and forge valuable relationships in the region. Fern Software’s achievement is a testament to the ability of our local companies to compete on the international stage.” 

The contracts will see Fern Software’s advanced banking platform, including its award-winning Quantum AI solution, deployed by the Singapore Police and the Singapore Government Staff Credit Co-operative Society.  

John McGucken, MD at Fern Software said:

“Securing these two contracts marks a significant milestone for us in Singapore, reflecting our growing footprint in this vital market.  

“Our Quantum AI and core banking solutions are reshaping the landscape for co-op societies, enhancing their efficiency and empowering them to serve members with even greater impact. These new partnerships open exciting opportunities for Fern Software’s future growth, both in Singapore and across the wider Asia Pacific/Middle East/Africa (APMEA) region. We’re committed to delivering top-tier financial technology and expanding our reach to drive real value for clients worldwide.” 

Founded in 1979 and headquartered in Belfast, Fern Software has grown into a global company with offices across six countries, including Singapore, where it has operated since 2014. The company’s innovative software is used by financial institutions in more than 35 countries, serving millions of customers worldwide. 

Invest NI’s CEO, Kieran Donoghue, added:

“Fern Software has established a strong reputation in Singapore over the last decade and more recently has utilised the expertise of our in-market team which has offered guidance and support to help it meet local market requirements. 

“These contracts highlight the value of targeted, in-market assistance in accelerating growth for Northern Ireland companies in competitive global markets and show the substantial outcomes that can be achieved with the right strategic support.” 

Notes to editors: 

1. Photo caption: Pictured at Fern Software’s stand on the Ireland pavilion at the Singapore Fintech Festival last week are Eli Fairon, Director, Fern Software; John McGuckin, Managing Director, Fern Software; Economy Minister Conor Murphy; Robin Andrews of Invest NI’s Singapore office; and Kieran Donoghue, CEO, Invest NI.

2. More information on the companies participating on the trade mission is available at the Singapore Fintech Festival website. 

3. More information on the Singapore Fintech Festival is available at the Singapore Fintech Festival celebrating 10 yrs website.

4. The Department may take photographs and videos at announcements and events to publicise its work. Photographs, interviews, videos or other recordings may be issued to media organisations for publicity purposes or used in promotional material, including in publications, newspapers, magazines, other print media, on television, radio and electronic media (including social media and the internet). Photographs and videos will also be stored on the Department’s internal records management system. The Department will keep the photographs and recordings for no longer than is necessary for the purposes for which they have been obtained. The Department’s Privacy Policy is available on our website. 

5. To keep up to date with news from the Department for the Economy you can follow us on the following social media channels:

6. For media enquiries contact the Department for the Economy Press Office at pressoffice@economy-ni.gov.uk  

7. The Executive Information Service operates an out of hours service for media enquiries only between 1800hrs and 0800hrs Monday to Friday and at weekends and public holidays. The duty press officer can be contacted on 028 9037 8110.

Share this page

Back to top