Sell-side clearing businesses turn to technology to address hiring challenges ION and Acuiti release "Strategic Workforce Development: Talent and Technology" report
Summary
The study found that almost half of respondents, including 76% based in Asia, said attracting younger talent to their derivatives business is significantly challenging. "This study finds that firms across the sell-side are turning to automation and technology investment to address some of the challenges they face in hiring and retaining talent," says Will Mitting, managing director and founder of Acuiti. "This challenge has become more significant over the past 12 months as the operational environment in clearing businesses has improved, resulting in greater demand for talent to grow. "Automation and technology investment will go a long way to solving the challenges faced, but ultimately, firms must also expand their strategies to hire and retain talent and look to non-traditional avenues." Financial Institutions benefiting from our services include Banks, Non-bank FCMs, Brokers, Proprietary Trading Firms, Hedge Funds, and Asset Managers.
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