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    Eva Keogan

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    Introducing AlgoMe

    AlgoMe is the innovative start up using intelligent technology to expedite and augment career development and job placement in the world of Asset Management, the wider Financial Services industry, and recruitment.

     

    What is it?

    AlgoMe is a web and mobile-based membership community of professionals. It is available in launch phase to the Asset Management community in the UK and Europe. Professionals will be able to create a free profile to access jobs across a number of sectors including Asset Management and Fintech; as well as direct questions to experienced professionals or match with mentors who have the knowledge to help them reach their career goals.

    HR managers and project leaders will be able to create a presence and share job opportunities within their organisations as well as search and discover the right person to match their requirements.

    Pre-register now and to keep up to date.

     

    The company in good company

    The company is founded by Rob Carter (formerly Aberdeen Asset Management) and Luuk Jacobs (previously at Aviva). Their deep knowledge and experience of the industry has given them the first-hand insight and awareness of the core issues and challenges they have set out to solve with AlgoMe.

    The AlgoMe team is based in the heart of London’s tech city and is on the doorstep of the Asset Management community. It has a group of highly experienced advisors drawn from HR, Financial Services, Law and Technology. There is a wider network of ‘beta tester’ executives who have road tested the website and technology and will remain part of the agile development strategy. The first wave of industry feedback has been hugely positive; businesses and professionals alike feel this solves many career and recruitment issues.

    The name AlgoMe (pronounced Al-go-mee) combines the abbreviated Algorithm “Algo”, with “Me” to embody  a ‘match’ using algorithms, with an emphasis the on the individual’s professionals needs through “Me”.

     

    The Vision

    AlgoMe sees itself as a platform that will soon prove itself as the new way of career and talent management. It expects to support the careers of thousands of professionals in the financial services industry, helping them find their next job opportunity, the connections, tools and services they need, and to keep growing professionally. Equally, AlgoMe believes companies will widely adopt this new platform to engage directly with the relevant professionals to find the right individual at the right time, in a matter of days or weeks instead of months.

     

    Making career mobility a reality

    The AlgoMe vision has another facet too. It aims to help professionals take charge of their career, helping them move towards their goals more quickly. Finding the right job or employee is important but so is career progression and personal development. Professionals are usually hired on the basis of their last job, but may risk not being able to continue their careers by changing employer. AlgoMe will provide professionals access to mentoring, coaching, training and volunteering opportunities. The AlgoMe ‘professional profile’ reflects what the individual is actively doing to manage their career. This has a positive benefit in giving companies more confidence in hiring professionals for their next career aspiration, rather than their last job.

    Moving Asset Management forward faster

    Like many business sectors, Asset Management has experienced rapid change in recent years. This means professionals need to upskill constantly in the face of new demands and companies need to find people with the right skillsets quickly to implement change.

    Current market conditions mean fees are tending downwards and there’s increasing complexity from new regulation coupled with the fast pace and adoption of technology. In such times of narrowing margins, access to the support, learning and knowledge individuals to develop may not necessarily exist. In parallel to this shortfall AlgoMe has identified, the recruitment industry is lagging behind as well, hindered by high fees, low transparency and inefficiencies from the heavy use of manual processes and duplication and redundancy within operating models. The knock-on effect is that the search for talent and the right people, with the right skills, available at the right time is vastly hindered.

     

    The Benefits and How it Works

    AlgoMe helps businesses and individuals become agile and unencumbered by these issues. Its intelligent network and matching service, using proprietary technology, has numerous benefits. It discretely matches people seeking access to career development knowledge and connections; allowing individuals to meet new people for mentoring or networking without having data in the public domain. As a result, personal development and career progression can now match the pace of the evolving industry. The major benefit of using AlgoMe to find personnel is the recruitment process is expedited and highly efficient due to the algorithms and quality matching. Businesses and professionals who have completed the registration process, are able to directly engage with relevant matches. It’s rather like a dating app in that you get to determine if the match is right for you before your data is shared.

    AlgoMe is currently in beta phase and will be launching fully in Spring 2017.



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  • Our picks

    • I've been trying to track down details on that statement from the CBI, but I'm not sure they elaborated on what the "unintended consequences" could be - I assume one could be wage inflation due to reduction in the negotiation advantage of the employer.
       
      Whether this is a bad thing is debatable when (by some measures) wage growth has been stagnant in the UK for longer than any time since the Napoleonic wars..
       
      Reality Check: Is pay growth the worst since Napoleon?
      WWW.BBC.CO.UK Reality Check examines the claim that real-wage growth is at its worst since the 18th Century.  
    • How do we solve the the Asset Management industry issues of today and tomorrow?
       
      We think we might just have the answer.
       
      When we created AlgoMe, we set out to empower professionals so they can manage their careers through technology, data and industry insight. With our career management platform, we‘ve delivered this but we know there‘s much more to be done.
       
      The Asset Management industry is in a state of flux. Right now lower fees, higher costs, new technology and increasing regulation, along with changes to the workforce, mean we need access to technology, data and industry insight more than ever before. This is why we‘re taking an exciting step by opening AlgoMe Community, the place that brings the Asset Management industry together to drive open conversation and essential innovation.
       
      AlgoMe Community is a members-only community exclusive to the industry and associated professions.
       
      Membership is free, members are verified and use their own names to create a profile – here are the key benefits:
       
      1. A community for Asset Management
      We have created a standalone space for asset managers meaning discussions and groups are centred around highly relevant areas and get to the heart of issues quickly. We will also be hosting regular events both online and offline to address industry challenges and help our members drive the agenda.
       
      2. Keep your finger on the pulse
      Not sure about Brexit or SMCR? Want to know what the latest research on AI is? The AlgoMe Community gives you direct access to all of these discussions. AlgoMe is working with a number of partner organisations to bring you the latest thought leadership, insights, blog posts and white papers to keep you abreast of the latest trends in Asset Management.
       
      3. Grow Your connections outside of your existing network
      There are a lot of bright minds out there. Over 40,000* people are currently working within the Asset Management industry according to the Investment Association. This number is likely to be 200k+ across Europe with the firms and organisations that make up Asset Management ecosystem. That’s a lot of new connections to make.
       
      4. Grow your personal brand
      Building your personal brand is critical to a successful career. AlgoMe Community gives you a platform to build your credibility and authority among your peers. It’s also easy to start your own blog to get ideas a wider audience and build up a following of other members.
       
      Join AlgoMe Community for free today and connect with the Asset Management industry.
        • Like
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    • Revolt announced it will be offering ETFs to its customers....
      http://igniteseurope.com/c/2090843/247783/revolut_offering_bound_appeal_investors?referrer_module=emailMorningNews&module_order=3&code=WTI5c2FXNHVibWRBWVd4bmIyMWxMbU52YlN3Z01UQTROemN5TURRc0lERXlNVFV4TkRjMk5EWT0
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  • Welcome to AlgoMe Community

    Join the community connecting the Investment Management industry and get access to insights, discussions and events.

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      How do we solve the Investment Management industry issues of today and tomorrow?
       
      We think we might just have the answer.
       
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      The Investment Management industry is in a state of flux. Right now lower fees, higher costs, new technology and increasing regulation, along with changes to the workforce, mean we need access to technology, data and industry insight more than ever before. This is why we‘re taking an exciting step by opening AlgoMe Community, the place that brings the Investment Management industry together to drive open conversation and essential innovation.
       
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      There are a lot of bright minds out there. Over 40,000* people are currently working within the Investment Management industry according to the Investment Association. This number is likely to be 200k+ across Europe with the firms and organisations that make up Investment Management ecosystem. That’s a lot of new connections to make.
       
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