Tag: outsourcing

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Daily Dispatches – China to unveil new 10-year economic reform plan

China is today expected to reveal its plans for the country’s reform over the next decade, balancing the need to overhaul the economy, while maintaining stability and entrenching…

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Banks’ IT departments are huge, but this could change very quickly

There’s something of a dichotomy in investment banks’ IT teams. On the one hand, banks want to hire rock stars who can lead their technology function and ensure…

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Banks hire experts to oversee tech work close to home

Banks frustrated with the quality of development work at offshore locations are bringing these tech roles closer to home and hiring top level strategists at headquarters to oversee…

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Why FinTech jobs will come back to the UK in 2013

Investment banks shipped more technology roles out to far flung locations in 2012 as they looked to cut costs, but experts are predicting a reversal of this trend…

Big glitz, small pay

As UBS prepares to cut IT jobs, it’s hiring outsourcing and offshoring experts

To anyone who follows the machinations of UBS’s technology investments, reports that 2,000 IT jobs are set to go across the bank as it outsources and offshores more…

Sending talent abroad (Photo credit: Sandihal)

Does this signify a new round of cost cutting and off-shoring for investment banking IT professionals?

In theory, investment banking technologists should feel comparatively secure in their jobs. What few jobs firms have currently are predominantly in IT and recruiters suggest that developers and…

RBS

Why RBS’s tech failure means a fresh wave of infrastructure roles

Every cloud has a silver lining, and one consequence of the RBS IT failure is that banks are finally being pressured to invest in their creaking technology infrastructure.…

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The key skills for financial technologists: development isn’t high on the list

If you’re a technologist working in the financial sector, it’s never just been about the technical skills. Yes, you need to understand programming languages, but this has to…

Royal Bank of Scotland

RBS glitch could lead to more tech jobs in nearshore locations

RBS’s technology debacle, which left millions without access to their cash for four days, has been blamed on a ‘junior operative’ in India. RBS is still shifting jobs…

Tempting? Maybe you need more money

Bad back office bonuses have left UK employees demoralised, but do cost-cutting banks really care?

Bonuses in the back office have been particularly hard hit this year, with banks choosing to reward high performers in the front office at the expense of support…

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