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ARTICLE · 19 DECEMBER 2018

Demand For Chief Technology Officers In Financial Services Sector Set To Soar

Intertrust
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A further 29% said their firm doesn't currently recognise the need to recruit technology leaders or invest in new training.

GlobalFinance and Banking
Jan Willem Van Drimmelen
Jan Willem Van Drimmelen
Michael Johnson
Michael Johnson
Cliff Pearce
Cliff Pearce
Ian Rumens
Ian Rumens
Mari Hietala-David
Mari Hietala-David
Ciara Smith
Ciara Smith
  • 73% of financial services professionals predict surge in new chief technology officers with mandate to drive strategic change
  • Biggest skills gaps are in AI, regtech and compliance
  • 29% of firms struggling to keep up with latest tech innovations

Three quarters (73%) of senior financial services industry decision-makers predict a big jump in demand for board-level chief technology officers (CTOs) in the sector over the next five years as the challenge to find senior talent to leverage disruptive technology increases. Intertrust, a global leader in providing expert administrative services to clients operating and investing in the international business environment, surveyed over 500 executives covering the asset management, corporate, capital markets and private wealth sectors to identify the impact that disruptive technology is having on jobs and skills in the sector.

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