Topics In Demand
Notification
New

No notification found.

Blog
Next-gen Jobs

December 19, 2020

829

0

Nitin Chandel, Managing Director and Head, BNY Mellon Technology (India)

While the pandemic has challenged all industries to swiftly adapt to agile and remote working methods, and technologically enable their employees to embrace the digital transformation, the banking and finance sector is at the core of this transformation, where technology is driving innovative new products that are fundamentally changing the client and end-user experience.

 

Key technology trends around data, process automation, and the shift towards modern infrastructure are currently impacting the financial sector and are likely to dominate the industry in 2021 as well. This includes Big Data, Machine Learning/Artificial Intelligence, Robotics Process Automation (RPA), and experimentation with blockchain-based solutions. Data solutions are not only helping define new and innovative client-focused products and solutions, but they are also serving internal efficiencies, and transforming organizations to a data-driven culture. Cloud adoption is also expected to increase over time and it’s likely that hybrid cloud and multi-cloud strategies will guide thinking in the banking industry in the years to come.

 

In today’s digital landscape, adopting and inculcating the culture of DevOps has also become imperative, as it helps accelerate innovation and acts as a foundation for faster iteration of build, test, and deploy routines which can help software companies become more agile than ever before.

 

Talking about talent, the future of the technology industry will mostly be made of full stack developers who have the skillset and aptitude to work across different technologies and tiers of applications. Learnability as well as the ability to innovate for end-users will be critical skills that will distinguish high performers from the rest. These high performers, called “10X” employees will take productivity and innovativeness to significantly higher levels as compared to average-performing teams. Further, organizations need to adopt the campus hiring strategy to hire the best and fresh talent from top-tier colleges, providing them the best opportunities to work on some of the most pressing challenges facing financial services and modernizing the organization in the process.

 

Besides the commitment towards clients and employees, we are also focusing on developing a workforce to meet the demands of a technologically driven society by supporting education, training and development of critical skills for underserved populations. This will enable all communities to be better equipped to engage in a thriving digital economy.


That the contents of third-party articles/blogs published here on the website, and the interpretation of all information in the article/blogs such as data, maps, numbers, opinions etc. displayed in the article/blogs and views or the opinions expressed within the content are solely of the author's; and do not reflect the opinions and beliefs of NASSCOM or its affiliates in any manner. NASSCOM does not take any liability w.r.t. content in any manner and will not be liable in any manner whatsoever for any kind of liability arising out of any act, error or omission. The contents of third-party article/blogs published, are provided solely as convenience; and the presence of these articles/blogs should not, under any circumstances, be considered as an endorsement of the contents by NASSCOM in any manner; and if you chose to access these articles/blogs , you do so at your own risk.


BNY Mellon India

© Copyright nasscom. All Rights Reserved.