The Fintech Talent Development,Competency, and Manpower Study

The Fintech Talent Development, Competency, and Manpower Study 23 Ten Observations About Fintech in Hong Kong Based on feedback from participants of this Study we identified ten key observations about the fintech industry and fintech talent in Hong Kong. These observations provide a context for Section 6: Technical Readiness and Technical Skill Gaps, and the 13 Competencies we have identified for the fintech industry. Exhibit 3 Key observations and the talent landscape of Hong Kong’s fintech industry Shortage in skills could limit the return of investment on technology Beyond technical skills - confidence in the cause, excitement for possibilities, and willingness to learn No universal definition of "fintech" 1 The new normal in ways of working 7 Customer adoption hinges on trust and value to customers 9 People capability gap is larger than the gap in technological capability 4 A compelling employee value proposition goes beyond a larger payback 5 More engagement between industry and regulators to shape the industry 10 3 Curating the right culture is paramount 6 Partnering for success 8 2