Cloud-based FinTech Start-up
The Challenge
To source specialists in quantitative analysis and development.
The FinTech sector is a rapidly expanding sector developing technology to engage with or to deliver financial services. London is leading the way with many companies taking advantage of investment and choosing to start-up offering FinTech technology solutions.
One of these new companies developed a cloud-based software solution that used behavioural data analytics to help professional investors to make more skilled investment decisions. This software enables hedge and traditional active fund managers to capture richer data about their own behaviour and its context, to understand where their individual skills and weaknesses lie, identify patterns, and apply that enhanced self-awareness to achieve improved performance.
In order to continue their rapid growth the company required highly sought after specialists in quantitative analysis and development. Good Quant Developers are in high demand and even shorter supply. In addition, the successful candidates for this start-up needed to understand complex mathematical financial data sets, as well as having Python and Pandas development experience too.
The Solution
Knowing the IT industry and understanding the competition amongst recruitment companies for good Quant Developers was the key to Xist4’s successful placement for this innovative start up. Xist4 devised a recruitment strategy that would work alongside the traditional methods of recruitment which included advertising on key job boards, conducting a database search but also using targeted social media platforms and niche forums to identify and attract the right talent.
Having identified several prospective candidates Xist4 spent additional time qualifying the breadth of their experience and learning more about them as a person. It is imperative that people joining a start up company fit the culture of the company and can quickly contribute to its overall growth.
The Results
From the time of receiving the brief from the client the team at Xist4 were able to successfully source several candidates they knew would be right for the role in less than six weeks. From these candidates the client felt two people stood out amongst the rest so offered them a role within the company. Xist4’s speed and depth of knowledge impressed the client so much that they have decided to partner with Xist4 for future IT related vacancies.
"As a FinTech start-up business it has been important to us to partner with a specialist IT recruitment agency with experience of working with start-ups, and a true understanding of what we're looking for, both technically and culturally. We don't have time to waste, and we don't have a dedicated HR function. Xist4 IT Recruitment has proved that they "get it".
In a short space of time they managed to successfully place 2 highly talented Quant Developers into our team, and we look forward to working with them on future hires. We would highly recommend Xist4 IT Recruitment to companies like us, who value talent, communication and results."
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