September 6, 2022 – There is a shortage of workers with highly specialized skills necessary to fill critical roles leading digital transformation at banks and financial institutions. Experienced IT workers are aging out of the workforce, and there is significant competition for younger IT talent entering the workforce. Chief information officers and chief technology officers will fulfill their mission of helping their business’s digital transformation by both building and buying new talent.

This report discusses how technology executives in financial services should identify, hire, and retain IT talent. It is based on Aite-Novarica Group research from 2020 to 2022 and external articles on the topic.

This 23-page Impact Report contains one table. Clients of Aite-Novarica Group’s Community Banking service can download this report and the corresponding charts.

This report mentions Amazon, Code.org, Eightfold AI, Google, IBM, LinkedIn, Microsoft, and Salesforce.