FinTrU CEO, Darragh McCarthy, delivers keynote speech on the outlook for financial services in Northern Ireland
Thursday 11 January 2018
By Conor Donnelly
On Wednesday 10 January, FinTrU CEO Darragh McCarthy, delivered his keynote speech at the QUB Management School Student Finance Conference.
Below is a summary of some of the areas covered in the speech. As well as discussing his own experience, Darragh presented his analysis on how the QUB students can be prepared for the industry following their graduation.
Darragh focused heavily on Northern Ireland's value proposition in the financial services industry with particular emphasis on the following areas.
People: High quality, professionally trained, English speaking financial and legal
services professionals with a strong work ethic and high productivity level.
Partnership: Strong relationships between business, government and education
sectors as well as an ability to develop bespoke business skills via the FinTrU
Academy. Invest NI offers generous subsidies for pre-employment academies and
support for ongoing skills development.
Proximity: Operates within UK Legal & Regulatory framework, 1 hour from London. Based in Belfast with an office in London. FinTrU delivers global services from the UK.
Price: Optimised, flexible medium / long term resourcing solution, with no upfront cost to the client. Operating costs up to 50% of London/NY for delivery of high value add services.
FinTrU and Queen's University Belfast enjoy a vibrant partnership
Financial Services opportunities in Northern Ireland
Below were some of the financial Services opportunities in Northern Ireland outlined during Darragh's speech.
Darragh's advice to the students included to be optimistic in looking for solutions for any potential setbacks, to have self belief in their own capabilities and the increasing importance of relevant experience. Students should try and seize any opportunity they can to build up industry experience in order to be the most prepared they can be for their future careers.
To finish off Darragh said "There has never been a greater time for entrepreneurial opportunity and disruption in traditional financial services. Northern Ireland’s unique blend of well educated talent in a well regulated business friendly environment provides an exclusive opportunity to forge successful careers for this generation and the next."
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