Seccl, the embedded investment platform owned by Octopus, has created an Irish subsidiary as it seeks to expand into the European market.
Ronan Gahan will lead the new Irish unit, Seccl Ireland DAC, as the chief executive
The step follows demand from existing clients seeking to offer investment services outside the UK, noted the company. Seccl’s systems currently serve around one million investors in the UK. The new Irish operation is intended to help extend that model into European markets, with local market knowledge and regulatory capability in place.
Gahan previously founded Conexim, an open-architecture investment platform, in 2010. That business became one of the larger investment platforms in Ireland, serving more than 300 regulated firms, before being bought by Irish Life Group in 2020. His background covers institutional and retail markets and includes work with large corporations and early-stage companies.