Technology 'is changing financial services'
The technology community and the financial services sector are collaborating more and more as the latter attempts to engage with its customers and recalibrate its market position following a challenging few years, both economically and in terms of its bruised and battered reputation.
While the industry's revival is obviously good news for job-seekers - and there is no doubt technology is linked to this improvement in fortunes - it also means ambitious professionals will need to make sure they can prove their savviness when it comes to computing and IT.
Fortunately, many Generation X workers have an innate understanding of tools such as apps, which are becoming more important to financial services.
Seven Investment Management has hired the development group that worked on game titles such as Donkey Kong and Golden Eye to build a new mobile portal for managing investments in an interactive way, reports the Financial Times.
This is just one example of how high-tech solutions are modernising processes across the sector.
"Coming out of a dark period for financial services we saw an opportunity to connect with financial clients through gaming," software developer Mark Betteridge told the Financial Times.
"We felt we could engage with clients using some of the attributes that attract consumers to computer games - usability, engagement and interaction," he added.
The 7IM app creates a personalised hub for each investment client, with later versions planning to take on board data from markets across the globe to offer an idea of what each portfolio is worth on a given day.
Other tech innovations being seen in the world of financial services are iZettle and Ixaris in the payments sector, and online currency exchange The Currency Cloud, with further developments expected over the coming years.
However, according to the Scorpio FutureWealth Report entitled Helpful Investment Technologies, many investors feel they are not yet seeing the benefits of these advances.
Signup to receive the latest discipline specific articles
Related articles
Teaser
GovernanceContent Type
Fintech
18/04/24
Summary
The role of risk and compliance in financial services As a sizeable, growing portion of the financial services sector, risk and compliance play a vital role in ensuring that firms conduct busine
by
David Clamp
Teaser
Executive SearchContent Type
General
18/04/24
Summary
Private equity (PE) is a growing industry that has always attracted ambitious top talent due to its high risk/high gain capital investment. Pre-covid, we saw the global private equity industry b
by
Tracey Alper
Teaser
Commerce & IndustryContent Type
General
18/04/24
Summary
What is financial contracting? Financial contracting refers to the practice of hiring finance professionals on a contractual basis to fulfil specific roles or projects within an orga
by
Kelvin Murphy
Related jobs
Salary:
Negotiable
Location:
London
Industry
Energy, Resources and Industrial
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£80,000 - £100,000
Job Discipline
Qualified Finance
Contract Type:
Permanent
Description
A high growth, renewable energy business based in Central London is currently seeking a new Management Accountant to join the team.
Reference
HAS3344210
Expiry Date
01/01/01
Author
Hannah SpearsAuthor
Hannah SpearsSalary:
£30 - £32 per hour
Location:
Stevenage, Hertfordshire
Industry
Manufacturing
Qualification
None specified
Market
Commerce & Industry
Salary
£250 - £350
Job Discipline
Project & Programme Management
Contract Type:
Permanent
Description
Manufacturing Project Manager for our Defense and Space Manufacturing Client.
Reference
BBBH180032
Expiry Date
01/01/01
Author
Joshua MasseyAuthor
Joshua MasseySalary:
Up to £27,000 per annum
Location:
Bristol
Industry
Insurance
Qualification
None specified
Market
Commerce & Industry
Salary
£25,000 - £30,000
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Contract
Description
Finance Assistant. This is a 12-month part-time (C.22 hours) FTC with a potential opportunity to go permanent. 27k pro rata
Reference
BBBH180026
Expiry Date
01/01/01
Author
Ali ArslanAuthor
Ali ArslanSalary:
£40,000 - £50,000 per annum + Strong Bonus & Benefits
Location:
London
Industry
Business Services
Qualification
None specified
Market
Professional Services
Salary
£50,000 - £60,000
Job Discipline
Project & Programme Management
Contract Type:
Permanent
Description
Role within High-Growth Specialist Consultancy as they build out their Commercial Change & Transformation offering
Reference
BBBH179934
Expiry Date
01/01/01
Author
Henry TownsendAuthor
Henry TownsendSalary:
£40,000 - £55,000 per annum
Location:
West Yorkshire
Industry
Business Services
Qualification
Finalist / Newly qualified
Market
Commerce & Industry
Salary
£50,000 - £60,000
Job Discipline
Internal Audit
Contract Type:
Permanent
Description
Marks Sattin are currently working with a leading PLC who are recruiting for a Senior Internal Auditor to join the team.
Reference
BBBH180007
Expiry Date
01/01/01
Author
Rajveer SanghaAuthor
Rajveer SanghaSalary:
£28,000 - £30,000 per annum
Location:
Leeds, West Yorkshire
Industry
Business Services
Qualification
None specified
Market
Commerce & Industry
Salary
£30,000 - £35,000
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Permanent
Description
Credit Controller role in Leeds - Middle East/Asia Ledgers
Reference
BBBH179367
Expiry Date
01/01/01
Author
Cameron WalshAuthor
Cameron WalshSalary:
Negotiable
Location:
London
Industry
Media & Communications
Qualification
Part qualified
Market
Commerce & Industry
Salary
£30,000 - £35,000
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Permanent
Description
An international events company, specialising in the sports, betting and gaming industry, are seeking a Finance Assistant.
Reference
KD0606
Expiry Date
01/01/01
Author
Kimberley DonovanAuthor
Kimberley DonovanSalary:
£32,000 - £37,000 per annum + Study support & Bonus
Location:
Leeds, West Yorkshire
Industry
Manufacturing
Qualification
Part qualified
Market
Commerce & Industry
Salary
£35,000 - £40,000
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Permanent
Description
Really excited to be partnering with a market leader in their field to support them recruit an Assistant Financial Accountant to join their team.
Reference
179873
Expiry Date
01/01/01
Author
Laura GunbyAuthor
Laura GunbySalary:
£40,000 - £60,000 per annum
Location:
West London, London
Industry
Energy, Resources and Industrial
Qualification
None specified
Market
Commerce & Industry
Salary
£60,000 - £70,000
Job Discipline
Part Qualified & Transactional Finance
Contract Type:
Contract
Description
Temporary to permanent Payroll Manager
Reference
BBBH180023
Expiry Date
01/01/01
Author
Chelsea MillsAuthor
Chelsea MillsSalary:
£50,000 - £65,000 per annum
Location:
Leeds, West Yorkshire
Industry
Business Services
Qualification
Fully qualified
Market
Commerce & Industry
Salary
£60,000 - £70,000
Job Discipline
Internal Audit
Contract Type:
Permanent
Description
A great business keen to recruit for an Internal Audit Manager to come onboard and join the team.
Reference
BBBH180005
Expiry Date
01/01/01
Author
Rajveer SanghaAuthor
Rajveer Sangha