New Technology in Financial Services

IT recruitment agencies in London have to stay on top of all of the latest innovative technologies to make sure they can “pitch” a candidate to the correct employer. Technology moves forward all of the time. If you are a quantitative analyst, you have probably realized that an increasing number of companies are beginning to rely on AI to make predictions. Does this mean you are going to be out of a job? No, it doesn't, but it does mean you need to be aware of what is going on in your industry.

According to leading IT recruitment agencies, technology in finance is moving just as fast as tech within other business and health sectors. In the past, your average quantitative analyst had to rely on industry rumours and make his own developed predictions of how the markets would fair. These days, computer programs and AI platforms have taken over many of the tasks a quantitative analyst would perform in a business. Today, the role of the analyst is not so much about prediction as it is about managing business systems.

How far are we from computers telling us how to invest our money? According to a couple of the leading IT recruitment agencies in London, companies are beginning to look at IT roles and financial jobs in a totally different way. Once office staff controlled the computer programs. Now many programs give industry experts advice and advise them on what action they have to take. If you are a quantitative analyst, it is essential that you are familiar with the latest industry innovations when you are looking for a new job. That can be tough as technology changes faster than ever before.

What about tech and IT recruitment agencies? It is not only the role of the quantitative analyst that has changed other top-level IT jobs are also focused on new developments. The way recruitment works have changed as well. Although face-to-face interviews remain important, online chats and interviews are taking over. Do we actually need to meet up before we employ somebody? This is the question many recruiters and companies are asking themselves. It seems that working from home is not the only “new normal.” Employing remotely is on the increase. All of this makes you wonder how many of us will be working from home in the future.

Is technology taking over the financial industry? It is perhaps not taking it over, but in the future, it is likely to dominate parts of the financial and banking business sector. There is now so much financial information out there that it is hard for us humans to keep up with it. It was only recently we heard the word crypto mentioned for the first time. As we all know, cryptocurrency is part of daily life today. Many, may even get paid in crypto and trade the currency. Stop and think about it, and you will appreciate if it was not for technology, we may never have heard of Bitcoin and many of the other cryptocurrencies out there providing some businesses with that extra new edge. Many IT recruitment agencies will have training or experience of these new innovations.

Read More:

Benefits of Working in London V U.S.A

More High-Level IT Jobs in London?