Finextra’s Post

🕵♂️The Future of Market Data: Addressing an Aging Workforce📊 The market data industry faces a critical challenge – an ageing workforce and a shortage of new talent. In this article, Hamish Monk, senior reporter at Finextra, interviews Paul Gow, Founder & CEO of #CJC, to explore: 🔹The 3 sinkholes of market data's talent pool. 1️⃣Lack of awareness; 2️⃣Gender issues and an ageing workforce; 3️⃣The advertising of roles. 🔹Fostering market data talent of tomorrow: A case study - The CJC Academy. 🔹Stakeholders’ responsibilities Read the full article at👉https://lnkd.in/edfmUpZB #MarketData #MarketDataTalent #FintechSkills #CJCAcademy #MarketDataRecruitment

📊 Get Early Employment Insights with ADP Non-Farm Data! ADP’s report gives a glimpse into monthly job growth (excluding farms and government jobs). Higher-than-forecast figures could boost currency strength—stay prepared for market shifts! 🌐 Register now and stay ahead in the market: https://bit.ly/403w8IC #ADP #EmploymentReport #SmartTrading #FinancialMarkets #MarketIndicators #TradeWithConfidence #MarketInsights #Online #MarketIndicators #ShenzhouCapital #SmartTrading #FinancialMarkets

Good understanding of current salary bandings in quant positions, in this article from eFinancialCareers. Does this match up with your expectations at the moment or have you got other thoughts?

Navigating today's financial technology job market demands more than skill; it requires strategic insight. But how do you achieve this? 🤔   We're moving beyond the usual advice and diving into actionable strategies that will help you become an indispensable candidate and employer of choice.   Toby Babb, CEO, highlights the dynamic financial technology landscape shaped by economic volatility, talent shortages, and technological advancements, predicting slower salary growth and increased contract hiring despite high salaries and competitive offers.   Download your free copy of The Financial Technology Salary Survey to access a wealth of knowledge and practical advice that will set you apart in this competitive landscape 👇   https://lnkd.in/eQK5Vsm9   #SalarySurvey #FinTechSalarySurvey #FinancialTechnologySalarySurvey #FinTechCareers #YourSuccessOurBusiness

In financial services, the majority of senior positions are held by people from higher socioeconomic backgrounds. It's critical to get the best people in the top jobs but the sector needs to look at broadening the pool of talent from which it recruits and promotes.    Other sectors, like leading professional services firms, are taking a lead. The financial services sector should follow suit. The Financial Conduct Authority and Prudential Regulation Authority has the opportunity and the responsibility to lead, by ensuring that all large financial firms collect and report socioeconomic background data for their workforces. Only by measuring the issue can we begin to fix it.   Our country's economic success depends on making the most of everyone’s potential. By opening the doors to talented people from all backgrounds, we can create an even more innovative, productive and representative financial sector.   https://lnkd.in/ej56azVy

Think you can't switch between private and government sectors? Think again! 🚀 Sarbojit busts the myths around job transitions in his latest interview with The Economic Times. Read more here: https://lnkd.in/gJ-qP2jD #CareerTransitions #MythBusting #Instahyre"

Very excited about this research with Aakash Kalyani and Serdar Ozkan where we perform textual analysis of earnings calls to construct a novel, firm-level measure of labor issues—such as wage costs, labor shortages and hiring challenges. We use this measure to find that labor issues lead to large increases in investment and productivity growth. Additionally, firms that mention labor issues are much more likely to mention automation. This project has been an excellent opportunity to work with text data and build my machine learning and topic modeling skills. https://lnkd.in/gQrqA5Td

Good news on interest rates. The focus on this edition in growth in small business. The latest CBIZ Small Business Employment Index brings some positive news with a modest 0.66% hiring increase after two months of decline. 📊 Even though the labor market faced challenges this summer, growth shined in sectors like Educational Services, Technology and Life Sciences, and Transportation. Key findings: 📈 20% of businesses added staff ↔️ 61% reported no change 📉 19% reduced headcount Read the full report here: https://okt.to/ke3Cmo #SmallBusiness #HiringTrends #EmploymentInsights #Staffing

Bank of England and Gov needs good, quality employment data to make MASSIVE decisions that affect everyone in the country - interest rates, tax changes, benefit changes, the GDP calculation (etc). Got it? Right. Turns out that the group in charge of that data capture has said: a) the data they’ve been gathering for the last few years hasn’t been great because phoning people is a terrible way to capture data B) the new survey (still phoning people!) won’t be done till 2027 Surely this is a case for Gov to step in and create a coalition of the willing of tech businesses to come up with a multi variant machine learning / AI way to assess this data?!! If this was a startup it would be a question of getting the correct data in days or weeks, to avoid company death. Surely there are businesses leveraging ML / AI in the DD / financial DD / population monitoring space that can solve this FASTER THAN 2 years! Otherwise I actually sympathize/commiserate with the BOE and Gov - how can they make decisions knowing flat out the data available is wrong? #data #employment #scandal