Contractors in key locations have been urged to investigate the shortfall of skills in the finance market. The financial market looks buoyant following the Brexit shock, as industry experts have suggested the negative sentiments has started to lift.
Specifically, Risk & Compliance, Systems, Digital and Software contractors seeing a demand. Fin Tech contractors have seen their demand rise. Recruiting for experienced contractors has proven difficult to end clients.
As stated by the Confederation of British Industry (CBI)/PwCFinancial Services Survey for June 2016, optimism continued to fall. The financial market has proved to be uncertain and unstable.
However, headcounts have continued to rise as has volume of business. In particular, key areas such as Investment Management, have seen their staffing levels thrive.
Financial organisations have continued to increase training expenditure in a bid to remain competitive. The talent pool within the sector is now struggling to keep up with technological advancements. For ContractorCalculator CEO Dave Chaplin, this presents a perfect opportunity for contractors.
“The Fintech boom has left finance firms scrambling to keep pace. Contractors who continue to upskill in the right areas will find themselves increasingly sought after.”