Scotland is well placed to be a serious global contender in FinTech, according to Graeme Jones, the chief executive of Scottish Financial Enterprise (SFE).
The comments come as a new FinTech industry group, launched by SFE – the representative body for Scotland’s financial services industry – is expected to meet in Edinburgh for the first time tomorrow.
Jones commented: “The speed of development in financial technology is truly breath-taking and the industry in Scotland is well placed to be a serious global contender. The financial services cluster in Scotland is second only to London in the UK in scale and diversity, providing a critical mass to build on with the new developments created by FinTech.
“Many of our universities are at the cutting edge of these developments and producing highly skilled graduates, but it is important we work together and share our knowledge of this rapidly changing field. Working together we can identify the emerging areas of demand and get the right skills in place at the right time,” he concluded....