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Cloud-based FinTech Start-up

To source specialists in quantitative analysis and development.

The Challenge

The FinTech sector has been rapidly expanding for several years, and there are no signs of this slowing down anytime soon. London is leading the way with many companies taking advantage of investment and choosing to start-up offering FinTech technology solutions. But keeping up with the pace of change and increased demand means ensuring companies have the right technical expertise at their disposal as they continue to scale.

Xist4 was approached by a fast-growing FinTech start-up that had developed a cloud-based software solution which used behavioural data analytics to help professional investors make more better- informed investment decisions. This software enables hedge and fund managers to capture richer data about their own behaviour and its context, understand where their individual skills and weaknesses lie, identify patterns, and apply that enhanced self-awareness to achieve improved performance and returns. 

To ensure they could continue scaling at the rate they wanted, the company sought to procure the services of specialists in quantitative analysis and development. But 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

With an in-depth working knowledge of recruiting in the technology industry garnered over several decades, combined with a sound understanding of the recruitment marketplace, Xist4 was able to fulfil their clients’ hiring requirement. This was done through a mix of deploying both traditional and innovative search and selection strategies, 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 Result

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.

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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.