RegTech Summit London – A Team
Opportunities and Threats for Asset Management - A discussion around FinTech, Skills and ApprenticeshipsBy AlgoMe
INVITATION: OPPORTUNITIES AND THREATS FOR ASSET MANAGEMENT – A DISCUSSION AROUND FINTECH, SKILLS AND APPRENTICESHIPS
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
Date: Tuesday October 22
Location: WeWork, 1 Fore Street Avenue, Moorgate, EC2Y 9DT
Time: 12.15 for 12.30
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
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
Key points for discussion:
FinTech, Innovation and the growing digitisation of Asset Management mean technology skills are becoming more important to firms There is pressure in the industry from regulation and changing customer expectations in addition career paths are changing and becoming less predictable Automation and AI will make traditional roles redundant and up to 40% of the workforce will require retraining in the next 5-10 years There is over £3bn of unspent apprenticeship levy funds which are set to be returned to the Treasury if they remain unspent This money can be used to help meet these challenges by retraining existing staff, up-skilling new joiners and re-skilling returners after career breaks There are rules around how the levy can and can’t be spent Companies need to have in place an effective strategy to ensure that not only the rules are met so that the funds can be recovered, but that the needs of the individual and the wider business benefit are met
The world of work is changing and the investment management sector has come under fire for its lack of diversity and to look like their clients and customers they serve. In order to retain the competitive advantage of the industry in a global environment, it is widely accepted that investment managers need to attract from a wider pool of talent.
The Investment20/20 Annual Conference is an ideal gathering to explore and debate how the sector can positively disrupt the early careers space to attract, develop and retain diverse skillsets and perspectives into the business.
Joined by The Rt. Hon Justine Greening MP to highlight the importance of the role of Social Mobility Pledge and how the sector can respond along with industry speakers.