A new talent platform has been launched using AI to skills match candidates to over 220 fintech companies in Scotland.
The ‘Fintech Talent’ platform will enable professionals to showcase their CVs to hiring companies – thanks to an initiative launched by FinTech Scotland and recruiter Hays.
The initiative is being launched as part of the Scotland Fintech Festival (21 September – 12 October 2023) when a programme of events, workshops, networking and conferences are being held across Scotland.
Justin Black, business director of Hays Technology Scotland, said: “The Scottish fintech community is thriving and has seen the number of fintech companies grow from 26 in 2018 to more than 220 today.
“The sector is expected to create over 15,000 new jobs by 2025. As a strategic partner with FinTech Scotland, we’ve created this talent community to position potential candidates in front of fintech employers to fill this need in as efficient a way as possible.”
Potential candidates can register through the FinTech Scotland website, where they will be invited to upload their CV. An AI process then searches and matches CVs to specific vacancies, recommending candidates to employers which they can then review.
The system means that fintech employers will only receive recommendations that are curated and relevant to them, whether it’s in artificial intelligence, blockchain, cloud computing, cybersecurity or biometrics. We will assess the candidates before adding them to the database. But if candidates apply that we feel are not quite ready for the fintech route, we will have meaningful conversations and provide guidance and advice to help them achieve their career goals.
FinTech Scotland supports a cluster of over 220 fintechs of all sizes, as well as large established financial institutions, regulators, universities, citizen groups technology and professional services firms and government bodies. In 2022, Scottish fintechs received over £305m in funding, an increase of over 200% on the previous year.
Nicola Anderson, CEO at FinTech Scotland, said: “We are really excited about the launch of the new ‘FinTech Talent’ platform. In collaboration with Hays, this initiative will seek to support Scotland’s dynamic fintech community at a time when the global skills gap continues to grow. As we unveil this innovative solution during Scotland Fintech Festival, we’re thrilled to empower professionals on their career journeys and help them find their perfect fintech match. It’s an important development for both candidates and the fintech industry.”