Future talent
We’re working to change how FinTech’s engage the next generation.
Our model offers juniors long-term commercial exposure, direct supervision with mentors, practical training and opportunities to secure positions at leading global financial institutions; empowering clients to attract and retain incredible people!
Navigation: FinTech Services > Future Talent in FinTech
Future talent
We’re working to change how FinTech’s engage the next generation. Our model offers juniors long-term commercial exposure, direct supervision with mentors, practical training and opportunities to secure positions at leading global financial institutions; empowering clients to attract and retain incredible people!
Navigation: FinTech Services > Future Talent in FinTech
It’s believed that by 2030, FinTech’s direct GVA contribution to the UK economy will be £13.7bn, with job creation contributing to 70% of this - reported by the Kalifa Review of UK FinTech in March 2021.
These projections are, however, threatened by potential skill deficits in the financial markets - as we witness highly capable members of the tech community transition away from financial technology in pursuit of more innovative, exciting and cutting-edge projects.
Financial institutions like RBC (with RBC Ventures), Scotiabank (with Digital Factories) and CIBC (with Live Labs), are attempting to overcome this drain on talent by offering opportunities to accelerate banking innovation - but, reductions in available talent, diversity and specialist skills are already beginning to stunt FinTech’s market growth. This is then compounded by the outsourcing of projects to overseas firms, vastly reducing opportunities for UK graduates to gain vital commercial experience.
At Caspian One we are working to change how Financial institutions engage juniors, in collaboration with our clients, selected partners and the UK Government.
Our ‘future talent model’ supports businesses to rapidly deploy tech specialists and senior consultants, who are then incentivised to provide training and share their capabilities with the next generation; with clients retaining the option to convert that talent to permanent members of staff.
The pricing associated with this model removes the need for clients to outsource to European consultancy firms, known to pay very uncompetitive salaries to their junior talent but charge a huge mark up to their customers.
Aligned with Caspian One’s project delivery services, we are enabling clients to attract, shape and retain the best junior talent in the UK FinTech market; distributing the heavily priced margins that consultancies charge between senior and upcoming tech talent.
“We have a fantastic network of SMEs, who are crying out to help and share their knowledge. This new ‘future talent model’ directly competes with typical consultancy pools but gives so much more. Longer-term commercial exposure, direct supervision with mentors, SME practical training from the best-of-the-best along with incentives that covert juniors to permanent staff.”
- Adam Vipond, Director of FinTech at Caspian One
We are driven to help junior talent gain great commercial experience, learn from the best in the market and help shape diversity and quality - for the future of financial technology.
Skills & talent challenges our model solves:
Price competitive but poor quality delivery from consultancy firms
Junior Staff at consultancies are pushed to new projects, meaning no longer-term learning
Short term funding, restricts long term planning for most companies
Opportunity for technologists is far less as work is being pushed overseas
There is less opportunity to help attract and shape diversity in Financial Technology markets
Specialist skills that create free enterprise are being lost
Graduate programmes are poorly executed and can become an external & internal fight for that talent
Attracting the best talent in the Technology Market is increasingly difficult
Let’s talk
future talent
If you are interested in learning more about our Future Talent model or have a relevant need you would like a quote for, please complete the contact form or call us on +44 (0) 203 691 9168.