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Financial Services IT Job Market Gets Stronger

After several years of painful cuts, the market for IT talent in the financial services industry is strengthening. Data analysis skills are in especially high demand.

By By Peggy Bresnick Kendler and Bank Systems & Technology InformationWeek
July 02, 2012 01:39 PM

It would be an understatement to say the past several years have been rough for all facets of the financial services industry. But the market for IT talent in the sector is strengthening, based on responses to the 2012 InformationWeek IT Salary Survey.

As the economy continues to improve, the market for IT jobs in the financial services sector has followed, owing partly to a push for automation and data analysis. Companies in banking and securities are increasingly data-driven -- they're investing in the types of employees who are capable of analyzing the massive amounts of data these companies collect, says Anthony Dostellio, managing partner at Objective Paradigm, a Chicago-based technical recruiting and executive search firm servicing the technology, finance and consulting areas.

Read the rest of this article on Bank Systems & Technology.

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