The company has been actively working to solve a problematic skills gap observed across the industry.
IT startup Motion Software has partnered up with a leading software university in Sofia, Bulgaria to boost the company’s talent pool. Over the past years, the firm has been consistently providing a growing number of fintech companies with software engineers, designers, and marketing professionals suitable for their needs.
One of the key issues for the FinTech industry over the past several years has been the persistent lack of talented IT professionals. From raw coding talent to UI/UX professionals, the industry has been very actively looking to find the next pool of talented people.
The FinTech industry’s needs are well known across the space, especially in an environment of increasing competition between different service and technology companies. Aiming to address this issue, Motion Software has come up with a structural approach to find and nurture world-class fintech specialists and so improving the odds for companies looking for the right people.
"When we look for talent we do not simply look for people with great technical skills; showing strong personal drive and eagerness to learn are just as important for us. Our partnership with SoftUni gives us access to the best candidates who have completed the academy. We only contact those who have an excellent academic record and have demonstrated exceptional dedication throughout their studies,” the CEO of Motion Software, Christo Peev, commented to Finance Magnates.
Recruitment Through Education
With Motion Software already having completed projects in asset management, electronic trading and regulatory reporting, the company aims to expand what it started four years ago. The partnership with a leading education enterprise streamlines the company’s strategies to vet the right kind of talent that fintech companies are looking for.
Aside from developers and designers which are in strong demand, the company is in the process of launching a specially designed educational program which will teach students the exact skills that Motion Software’s clients are looking for.
“Our newest initiative with Softuni is to prepare professionals who want to pursue a career in a given organization. We call this approach ‘Recruitment through education’ and believe it has the potential to influence some of the biggest companies willing to scale-up their teams,” Peev elaborated.
The experience of Motion Software in the industry facilitates the company’s drive to deliver talent to the industry. Peev shared that his startup has worked with a number of firms over the past four years including a Swiss client who is building next-generation online Trading Platform, a software solution for one London-based firm for MIFID/MIFIR transaction reporting and other projects dealing with Blockchain, financial data analytics, and decentralized exchanges.
Operating Model
With the clients of the company strongly vigilant over their own IP and weary about blindly hiring team members in a remote location, Motion Software develops custom client engagement models tailored to the needs of the firm’s clients.
"Classical outsourcing development reaps the benefits of geographically distributed teams and extremely quick recruitment, but offers little control over the quality of the development process and has implications for protection of intellectual property rights,” the CEO of the company explained.
The Sofia-based firm is securing an operating location and environment for the team which is being assembled. After operating the team on behalf of the client for a period of 12 months, the company is transferring the entity to the client’s custody.
The process is only complete after both Motion Software and the client have ensured that a development process has been established and the team has become efficient.
“Not only our process ensures all the know-how and IP will remain with our client, but it allows companies to scale-up their technical operations in a cost-effective and fully-tailored manner. The teams we form are recruited and trained to meet the custom needs of our client, while our Team Architects will use their technical and managerial expertise to lead the team and make it a strong asset in the medium to long run,” Peev concluded.
IT startup Motion Software has partnered up with a leading software university in Sofia, Bulgaria to boost the company’s talent pool. Over the past years, the firm has been consistently providing a growing number of fintech companies with software engineers, designers, and marketing professionals suitable for their needs.
One of the key issues for the FinTech industry over the past several years has been the persistent lack of talented IT professionals. From raw coding talent to UI/UX professionals, the industry has been very actively looking to find the next pool of talented people.
The FinTech industry’s needs are well known across the space, especially in an environment of increasing competition between different service and technology companies. Aiming to address this issue, Motion Software has come up with a structural approach to find and nurture world-class fintech specialists and so improving the odds for companies looking for the right people.
"When we look for talent we do not simply look for people with great technical skills; showing strong personal drive and eagerness to learn are just as important for us. Our partnership with SoftUni gives us access to the best candidates who have completed the academy. We only contact those who have an excellent academic record and have demonstrated exceptional dedication throughout their studies,” the CEO of Motion Software, Christo Peev, commented to Finance Magnates.
Recruitment Through Education
With Motion Software already having completed projects in asset management, electronic trading and regulatory reporting, the company aims to expand what it started four years ago. The partnership with a leading education enterprise streamlines the company’s strategies to vet the right kind of talent that fintech companies are looking for.
Aside from developers and designers which are in strong demand, the company is in the process of launching a specially designed educational program which will teach students the exact skills that Motion Software’s clients are looking for.
“Our newest initiative with Softuni is to prepare professionals who want to pursue a career in a given organization. We call this approach ‘Recruitment through education’ and believe it has the potential to influence some of the biggest companies willing to scale-up their teams,” Peev elaborated.
The experience of Motion Software in the industry facilitates the company’s drive to deliver talent to the industry. Peev shared that his startup has worked with a number of firms over the past four years including a Swiss client who is building next-generation online Trading Platform, a software solution for one London-based firm for MIFID/MIFIR transaction reporting and other projects dealing with Blockchain, financial data analytics, and decentralized exchanges.
Operating Model
With the clients of the company strongly vigilant over their own IP and weary about blindly hiring team members in a remote location, Motion Software develops custom client engagement models tailored to the needs of the firm’s clients.
"Classical outsourcing development reaps the benefits of geographically distributed teams and extremely quick recruitment, but offers little control over the quality of the development process and has implications for protection of intellectual property rights,” the CEO of the company explained.
The Sofia-based firm is securing an operating location and environment for the team which is being assembled. After operating the team on behalf of the client for a period of 12 months, the company is transferring the entity to the client’s custody.
The process is only complete after both Motion Software and the client have ensured that a development process has been established and the team has become efficient.
“Not only our process ensures all the know-how and IP will remain with our client, but it allows companies to scale-up their technical operations in a cost-effective and fully-tailored manner. The teams we form are recruited and trained to meet the custom needs of our client, while our Team Architects will use their technical and managerial expertise to lead the team and make it a strong asset in the medium to long run,” Peev concluded.
58% of UK Investors Choose Professional Guidance over 'Finfluencers’
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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