Hydrogen has been providing Business Transformation talent to Financial Services organisations globally for more than two decades since the time BT specialists with niche industry skills and cross functional capabilities came onto our radar. The average tenure of the consultants in our team is six years, meaning our clients benefit from our personal networks of candidates. Changes to legislation and increased automation have rapidly altered the traditional contracting landscape and, as change has become a constant within FS, many companies today prefer to retain change specialists on a permanent basis, with change management becoming a vital business function.
The constant change in FS is mainly due to advances in technology driving consumer habits, particularly in Banking and Payments, as well as changes to legislation, such as IR35. We are also seeing new challenges coming from emerging FinTech's. Brexit and the COVID-19 pandemic have flooded the market with candidates over the last year, and while the demand is there for the right skill sets and experience, the volume of direct applicants is making it harder for organisations to find the right talent.
From fully managed and packaged solutions to individual subject matter experts, we help businesses successfully deliver their transformation requirements. We have also met the IR35 challenges head on by supplying contractors outside of IR35 to minimise the risk to clients. Our high-quality service provides clients with outstanding individuals to help change and grow their businesses and gives candidates the chance to take control of their own careers.