Finance industry increasing IT staff

14:07 8th August 2008

Financial service groups are increasing their IT recruitment, despite the ongoing credit crunch, a new survey has revealed.

A poll, carried out by the IT recruitment website The IT Job Board, discovered that the number of jobs at hedge funds and investment management firms has doubled in the second quarter of 2008.

The recruitment company also disclosed that there has been general stability across all IT positions.

Testing roles posted the largest increase on first quarter results, with demand for these positions rising by 8.3 per cent.

Adam Stokes, operations manager at theitjobboard.co.uk said: "Surprisingly we are seeing a surge in demand for financial IT workers, but this could be due to the work being put in to develop systems that allow for better risk."

Earlier this year, Computeach challenged the government to provide more support for adult learners looking to retrain in IT.

Benefit from Computeach's recruitment service to help you launch your IT career.