Jump to content
  • Andy Milner
    Andy Milner

    Sign in to follow this  

    AlgoMe is bringing a discussion on future skills to Imperial College Business School

    Following our successful event at Cass Business School in January, AlgoMe is teaming up with another of Europe's leading higher and executive education institutions with a panel discussion at Imperial College Business School on 3rd April.

     

    Imperial College Business School

     

    We will be joined by another panel of industry leaders to discuss the impact that the FinTech revolution is having on the demand for skills in the Investment Management industry and what individuals looking to enter or progress careers in the industry can do to help them succeed.

     

    Joining Rob Carter, CEO of AlgoMe and Ruben Lara, Chief Data Office of Standard Life Aberdeen, will be Ben Lucas, Partner in UK Wealth & Asset Management at EY, and Henrik Grunditz, Co-Founder & Chief Revenue Officer of Hivemind, a FinTech that is helping companies create value from complex data sets.

     

    Attendance is open to students and alumni of Imperial College Business School, and we will be sharing highlights of the discussion with the AlgoMe Community.

     

    If you have any questions that you would like to be put to the panel, please comment below, or send them to us via our other social media channels.

         twitter: @thisisalgome

         linkedin: algome

     

     

    Panelists

     

    Ben Lucas

    Ben is a Partner within the UK Wealth & Asset Management practice at EY. Prior to joining EY, he was a Practice Lead for Alternatives within Alpha Financial Management Consulting. Ben previously worked for EY as a Management Consultant and also for Zurich Financial Services. Ben has extensive experience across the Financial Services industry, with a particular focus on Asset Management and Alternative Investment. He has worked in senior strategy, advisory and change management roles based variously in London, New York and Paris.

     

    Henrik Grunditz

    Henrik is a co-founder and the Chief Revenue Officer of Hivemind. Prior to co-founding Hivemind, Henrik was a senior vice president at Winton Group, a large quantitative hedge fund where he was responsible for business development with institutional investors in Europe. Prior to joining Winton in 2013, Henrik spent 5 years at MSCI / RiskMetrics where he was responsible for developing the multi-asset risk analytics business across various client segments in Europe. Henrik started his career in management consulting, working in Accenture’s Capital Markets practice. Henrik holds a First Class Master’s degree in Information Systems Engineering from Imperial College London. At the end of 2018, Hivemind was just one of five companies selected for the inaugural cohort of Velocity, a FinTech accelerator programme run by the Investment Association (IA)

     

    Dr Ruben Lara

    Ruben is Chief Data Officer at Standard Life Aberdeen. Prior to joining Standard Life Aberdeen in 2016, Dr. Lara held senior positions at Vodafone, where he was Head of Big Data Analytics, and at Telefonica, where he was Head of Big Data Product Development and Innovation. Ruben started his career in financial services, working as a technology consultant specialised in data and analytics. Ruben holds a PhD in Artificial Intelligence and has received the First National Award in Computer Science from the Spanish Ministry of Science and Education and sits on the advisory panel of Velocity.

     

    Rob Carter 

    Rob is co-founder of AlgoMe and is an experienced Front Office change consultant with a diverse skill-set built during almost 15 years of working in Financial Services. Rob has worked across the complete project delivery lifecycle over a range of Investment Management and regulatory focussed initiatives; including, leading investment integration work streams of mergers between a number of major asset managers. He was formerly Head of Fixed Income and Equities Platforms at Aberdeen Asset Management and is a CFA Charterholder.

    Edited by Andy Milner

    • Like 1


    Sign in to follow this  

    Share this  

    Member Feedback



    Recommended Comments

    There are no comments to display.

    Become a member to read more and join the discussion

    Members can read and contribute to discussions

    Apply

    Register now for free access.

    Create your account

    Sign in

    Already a member? Sign in here.

    Sign In Now

  • Our picks

    • FSTP LLP in partnership with AlgoMe invite you to a lunchtime round table discussion on the most pressing issues in today’s industry; digital skills shortage and the apprenticeship levy
       
      Introducing your hosts:
      FSTP LLP, a Main Provider for Apprenticeships offering Financial Services, Leadership and Management Apprenticeships, will be on hand to share insights and experience AlgoMe, the community for the Investment Management industry, connecting professionals from Asset Managers, Wealth Managers and FinTechs with their wider industry ecosystem will be on hand to discuss skills and transformation in the industry  
      The event:
      12.30 - 12.50
      Your co-hosts Rob Carter and Andy Milner, AlgoMe will give an overview of demand for retraining and tech skills, based on the latest AlgoMe report; The Disrupted Career: FinTech, Innovation and The Future Of Careers In Investment Management Followed by Philippa Grocott and Nicola Spennati from FSTP LLP, will give an overview of opportunities for using the apprenticeship levy and how to do so effectively within the industry sector 12.50 – 14.00 Group discussion over lunch
       
      Attendance is limited and on a first come first serve basis. Please contact andy.milner@algome.com if you would like to attend.
        • Like
      • 0 replies
    • The Disrupted Career
       
      Welcome To The AlgoMe Report On FinTech, Innovation And The Future Of Careers In Investment Management
       
      This report aims to address key questions that are important to everyone working in or looking to join the Investment Management Industry.
       
      How significant will the impact of FinTech be on career paths? How likely is my current role to be affected? Where are the opportunities in this disruption? How can I best position myself for future success?  
      We asked a panel of Investment Industry professionals their views.
       
      The full report is available for download to all AlgoMe Community members. Not already joined? Becoming a member takes less than a minute.
        • Like
      • 0 replies
    • With the decorations up, the last order date for Amazon nigh and most of us looking forward to at least a few days break, it’s always a good time to take stock of what’s been achieved over the last 12 months.
       
      For AlgoMe this has been another exciting year.
       
      January started in style with the launch of the AlgoMe Careers mobile app – giving professionals the opportunity to find their next career opportunity on the move.
       
      Then in July we released our Industry Pulse Report – a check on what the industry was thinking about key topics such as Brexit, Pay Gap Reporting, MiFiD II and GDPR. Unfortunately it seems that the uncertainty that the industry was feeling due to Brexit is unlikely to have receded in the intervening period, but it’s good to see progress starting to be made in other areas such as gender and diversity.
       
      In September we launched AlgoMe Community – a place for the Investment / Asset Management industry to come together, providing professionals with ways to grow their knowledge, profile and network. We’d like to say a big thank you to all of the members that have joined and contributed and look forward to continuing growth in 2019.
       
      In November AlgoMe joined the Investment Association, becoming a Fintech member and working closely with Velocity, the Association’s new Fintech accelerator. This is a really exciting initiative and we’re looking forward to doing more with Velocity in the near future.
       
      We also launched our Mentoring matching service in November – designed to help AlgoMe Community members connect with the best individuals within the community to help them to reach their career goals using a simple but intelligent process. If you haven’t already signed up to be a mentor or a mentee, please do spend 5 minutes now and tick off a New Year’s Resolution early.
       
      As we go into the end of the year, we have also launched our survey on Investment Management, Fintech and the future of careers. The impact of Fintech on the industry is going to accelerate rapidly in 2019, but what has been less well documented is the impact on individuals, their careers and the skills they’ll need to succeed in a more digitised environment. We really value the input of our community members, so please spend a couple of minutes filling out the survey and we’ll make sure you’re the first to hear the results early next year.
       
      From me and the AlgoMe team, I wish you all a very happy holiday season and look forward to another year of exciting announcements and change in 2019.
       
      Rob
       
        • Like
      • 0 replies
    • I have always struggled to see a fair reason why employers should be allowed to ask about a potential hire’s current remuneration, other than to give them an advantage in pay negotiations.
      It’s something which can only exacerbate existing pay inequalities and  it’s abolishment can surely only be a positive thing.
      Here the Guardian argues specifically about its impact with regards to the gender pay gap:
      https://www.theguardian.com/commentisfree/2018/aug/23/gender-pay-gap-current-salary-question
      I believe this has already been outlawed in some US states?
      @Jonathan Max - would be interesting to hear the view from HR. 
      • 10 replies
    • The Investment Association recently gave the industry a boost when it announced the launch of Velocity, its FinTech accelerator.  Designed to identify, develop and accelerate best in class firms with innovative solutions, Velocity will champion and facilitate the wider adoption of technology across the industry.
       
      And AlgoMe will be involved in this too, which is why I’m excited to announce we are now a member organisation of the Investment Association as an official FinTech member and have been named a "company to watch" by Velocity.
       
      Challenging Times
      The Investment Management industry faces major challenges and opportunities from forces such as digital technology, pressure on fees and increased regulation, while at the same time there are widespread changes in the workforce and their expectations.
       
      To date, Investment Management has both been fairly insulated from the challenges posed by agile FinTech competitors, but also distant from the opportunities offered by the new technologies and ways of thinking that such companies bring.
       
      Bringing FinTech closer
      Velocity is a fantastic step towards accelerating the adoption of FinTech. It has received support and endorsements from both inside and outside the industry, including from the Chancellor of the Exchequer, Phillip Hammond, who was enthusiastic about the initiative at a recent City event.
       
      To drive change and innovation, the industry needs to connect across different disciplines and areas of expertise, driving new ways of thinking and fostering cultural change.
       
      Without the benefit of emerging FinTechs and their external expertise, it will be hard for incumbents to harness the benefits of emerging technologies such as Straight Through deal Processing (STP), Distributed Ledger Technology (DLT), and Artificial Intelligence (AI) in areas such as risk and compliance, securities trading and investment decision making.
       
      Our Mission
      AlgoMe's mission is to connect the Investment Management industry and empower professionals to manage their careers. Our new product, AlgoMe Community, is placed to become the hub for the discussion between FinTechs and the companies and professionals in the wider Investment Management ecosystem.
       
      Join AlgoMe Community today
       
      AlgoMe Community - community.algome.com
        • Like
      • 0 replies
  • Related Content

    • Jonathan Max
      By Jonathan Max
      Innovation is changing Investment Management. The Investment Association highlighted rapid technological change in its recent industry report
       
      Day by day new technologies like blockchain, machine learning and artificial intelligence are revolutionising the industry. It also encourages professionals to keep learning and adapting, invest in new skills, and be tech-savvy.
       
      With this acceleration of technology adoption and the changing nature of work; what exactly is the human element for the future of careers in Investment Management as it embraces Fintech? 
       
      Forbes points the way very clearly in its Six Innovation Leadership Skills Everybody Needs to Master article; that being innovation and ‘the need to bring people together as a team. The need to demonstrate deeper empathy. The ability to get new things done.’
       
      Technical skills can be learned, but a person’s motivators and behaviour style are typically more difficult to acquire and learn. This means it is imperative Fintech firms do not (or should not) make hires based on a candidate’s technical skills alone. 
       
      So why exactly are these softer skills relevant to Fintech and Innovation?
       
       
      Mindset
      FinTech professionals are required to have the analytical and critical thinking skills needed to help them find creative solutions to such problems, this Innovation Mindset will be essential to succeed in the dynamic nature of FinTech. The ability to collaborate effectively with others build relationships and demonstrate critical thinking will be in demand more than individuals who just ‘major’ on technical skills alone.
       
      Flexibility
      It has been predicted traditional Investment Management roles will soon become obsolete with estimates of their demise ranging from 5 to 20 years. For those considering transitioning from a more traditional role into Fintech, technology skills are not all that is required. A need for an adaptable and flexible approach to ensure cultural alignment in what can be very different working environments is essential. This applies equally to what individuals earlier in their careers need to be thinking about when they approach career planning plus hard and soft skills development. 
       
      Soft Skills
      The good news is soft skills is the topic most pursued across all career phases among the Investment Management industry. As we see the blending of industries - Fintech and Investment Management – it will be just as important for Fintechs to identify the need for people with strong soft skills so they may build the innovative, appropriate culture to enable growth of sustainable and healthy businesses.
       
      There is so much positive energy and progress across the sector and many great success stories. But, when the ‘human’ element is misaligned the outcomes can be spectacularly detrimental  - reports in the media about Revolut ‘where turnover and toxic behavior is rife’ are a case in point.
       
      What is evidently clear, soft skills are not ‘nice to have’ but essential for both employees and organisations to embrace so they may effectively navigate the future of the Industry and the opportunities ahead.
       
      We’ve looked at this in depth in our latest industry report. To find out more about our view of what’s to come, please download and read the AlgoMe report: The Disrupted Career: FinTech, Innovation And The Future Of Careers In Investment Management.
       
    • Luuk Jacobs
      By Luuk Jacobs
      We partnered with Imperial College Business School for a panel discussion about the Impacts of FinTech to careers in Investment Management. We were keen to marry up the collective experience of the panel, and their insights and views, with the audience. Equally we wanted to get a feel for what the next generation of Investment Management professionals should set in their sights.  
        
      Based on the findings from our soon to be published report The Disrupted Career - FinTech, Investment Management and future careers, we created a truly interactive debate as we put the questions we used in our survey to our audience, enabling to give real-time feedback via the AlgoMe Community mobile app. 
        
      The panel consisted of Rob Carter, CEO, AlgoMe and Ruben Lara, Chief Data Officer, Standard Life Aberdeen, and Henrik Grunditz, Co-Founder & Chief Revenue Officer, Hivemind, a FinTech that is helping companies create value from complex data sets. The Moderator was Anne-Louise Burnett, Centre Manager, Imperial College Business School Centre for Global Finance & Technology. 
       

       
       
      The key questions that were discussed were: 
       
      Do I understand typical career paths in Investment Management? 
       
      The combined experience of our panel is both lengthy and varied. For example, moving from working within an investment company, joining a consulting company and also joining other industries where core skills are transferable (eg. within data science), indicated that careers are fluid and certainly not predefined. The key trend however was all the panel members, throughout their careers. kept developing and adding to their skillsets. 
       
      Are career paths less well defined due to the changes happening in the industry? 
       
      There was a general view that indeed career paths are now less well defined than before, and technology and general innovation were changing these paths as existing positions in the industry will likely be displaced by other new ones. The new careers demand an understanding of data and how they can be leveraged to create efficiency, greater understanding of clients, investments and decision making. As the technology impact is just starting to hit the Investment Management industry, career paths will be impacted in the next 10 years to a great extent, beyond what we imagine today. Some research indicates that 90% of today’s jobs will not exist in 10-15 years.  
       
      What skills will be the most important to develop careers in Investment Management? 
       
      As already mentioned, skills linked to data science will be important. Along with this, the ability to interpret what it presents, to further support risk management, controls, understanding of clients and trends in the market as well as supporting (investment) decision making. These skills will be in demand for both junior and senior positions and given the technology developments ahead of us will likely change and become more complex. 
       
      What will, and what can, you do to progress your career? 
       
      The panel indicated that if they were looking at their 20-year younger self, they would not have seen themselves in the positions they are today. Nevertheless, a key ‘red line’ through their careers was the development of their main professional interest and continuously developing the associated skills, be it business management, data and analytics, or information systems engineering. All equally being influenced by the need of these aforementioned hard technology skills. 
       
      Rob Carter stressed the value of having mentors throughout your career, people that can guide you and hold a mirror up for you. Hendrik Grunditz mentioned the benefits of networking, staying in touch with people and create a reputation of being nice, delivering constant high quality and be committed. Ruben Lara added to this the need for the softer skills and ability to influence, manage stakeholders and communication. 
       
      We believe the Investment Management professional career is about to change direction, and for some this will be a radical change. It seems everyone is in agreement and there are very exciting times ahead, especially for those with a passion for technology and change. 
       
    • AlgoMe
      By AlgoMe
      AlgoMe connects the Asset Managers, FinTechs, consultants and vendors that make up the Investment Management ecosystem and empowers professionals to develop their careers.
       
      AlgoMe Community brings professionals and companies together, letting members discuss topics facing the industry, expand their networks, and read thought provoking insights. These conversations help drive the collaboration and innovation which are reshaping the industry, and provide a platform for existing investment communities to connect with each other.
       
      AlgoMe aims to be the ‘go-to’ place for companies and professionals in Investment Management to find each other and the answers to the challenges the industry faces. Through the use of technology and algorithms, we are driving change in the way the sector communicates and are providing our community with cutting-edge tools to manage and develop their careers.
       
      AlgoMe is a proud FinTech member of the Investment Association.
Debug info for admin:
appcms
modulepages
controllerpage
topics/forum ID76
page ID
PHP user agentCCBot/2.0 (https://commoncrawl.org/faq/)
×

We use cookies to give you the best possible experience. If you continue, we’ll assume you are happy with this. For further information, see our Privacy Policy.