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flag NTT DATA acquired Alchemy Technology Services, creating a global innovation hub in Derry and boosting insurance tech expansion.

flag NTT DATA has acquired Londonderry-based Alchemy Technology Services, a move set to boost global innovation in insurance. flag The deal, announced October 21, 2025, integrates Alchemy’s 150+ employees into NTT DATA’s operations, establishing a Global Centre of Excellence in Derry. flag Alchemy’s expertise in specialty insurance, especially in regulated markets like the London Market, strengthens NTT DATA’s capabilities. flag The acquisition supports international expansion, particularly in North America, and reinforces Derry’s growing role as a financial services innovation hub. flag Economy Minister Dr. Caoimhe Archibald hailed it as a major economic milestone, while Alchemy’s founder John Harkin emphasized new job creation and regional growth.

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