An island software company is celebrating after relocating its Isle of Man headquarters to accommodate further expansion and investment plans.
Riva Financial Systems Limited has moved its base from The Old Chapel, Union Mills, to a two-floor 5,500 square foot space in the new prestigious St George’s Tower building in Hope Street, Douglas.
Bosses say the move was essential because of increased business and more employees being taken on. They are delighted with their new home which is on the site of the former long since demolished Forresters Arms pub.
Riva’s sales and marketing manager Kelly Ashe told Business News that 17 people are employed by the company in the island with a totalof 48 employed across the world.
She said: ‘Riva Financial Systems are very proud to have succeeded in their ambition to invest in new modern office space and move to an attractive office premises with modern infrastructure’.
The official office opening was held on Wednesday, September 18 and was attended by a number of notable guests including Basil Fox, president of Franklin Templeton Investor Services, Ian Morley, founder and chairman of Wentworth Hall Consultancy Ltd, Treasury minister Eddie Teare MHK, Laurence Skelly MHK and John Shimmin MHK, the Economic Development minister.
Mr Shimmin officially opened the office with an address to guests in which he recognised Riva’s commitment to the island’s economy, and gave praise for the fantastic new office space.
Riva’s chief executive officer Ghassan Hakim said: ‘The move to St George’s Tower reaffirms Riva’s strong commitment to the Isle of Man and allows us to effectively continue to pursue our growth plans; such a move could not have happened without the support of my fellow board members and the government’s effective and dedicated partnership with the private sector’.
In addition to thanking all employees for their individual contribution, Mr Hakim also expressed his thanks to local contractors Stewart Clague Services, the Isle of Man’s longest servicing provider of facilities management and building works projects, for skilfully executing the required interior remodelling and building works.
Stewart Clague Services were represented at the official opening event by director Alan Clague and electrical contracts manager, Paul Wood. A special mention was also made to Trevor Denning of Dalrymple Associates for the accomplished project management service provided.
By utilising their multi-disciplinary practice that combined a broad range of technical, theoretical and design knowledge with the practical ‘hands on’ experience, the project was able to reach every critical milestone on time and within budget.
Gratitude was also expressed to Ian Fisher and Trevor Peace of Bridson and Horrox for their contribution to the overall project.
Riva said Bridson and Horrox, specialists in providing office furniture and storage solutions for all sectors, provided an exemplary service and quality furniture.
Kelly Ashe said :‘Thanks to the combination of skills and services utilised throughout the project both internally and externally, Riva Financial Systems has successfully created a stunning working environment for all employees.
‘The ground floor and first floor office spaces available within the prestigious St Georges Tower building are currently being marketed by Crystals Commercial.
The building is just a minute’s walk from Athol Street.
St George’s Tower was officaly opened towards the end of last year. It was developed by Rumi Sethna of Howstrake Developments.
At last year’s official opening of the building Mr Sethna was praised by Chief Minister Allan Bell who said: ‘It is a great statement of faith in the future of the Isle of Man, that Rumi has been prepared to make this investment on top of a number of other successful investments
As reported in Business News, Mr Sethna’s previous developments include the prestige apartments at the former Falcon Brewery site at the bottom of Murray’s Road in Douglas.