”Big data” in the Financial Services industry has amplified the need for professionals capable of deriving value from it. In 2012, our research explored the impact of poor modelling; specifically how imperfect implementation of models can negatively affect institutions. The report found that in financial institutions, the real value of data is being lost from ineffective interpretation. As a result, we found that model-driven development paradigms are the key to the future growth of the Financial Services industry. Furthermore, this is driving the need for graduates skilled in Science, Technology, Engineering and Mathematics (STEM) subjects who, when hired, can use their skills to make a strong contribution to the business.
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