Scottish Financial Services Awards 2018
Barclays has been selected for enabling local communities in Scotland to prosper through the sharing of skills and experience. The bank’s range of initiatives and projects, including Digital Eagles, Eagle Lab and LifeSkills, are making a positive impact on wider society. With over 90% of Scottish secondary schools registered for LifeSkills, Barclays is supporting young people to prepare for the 21st century workplace. Over 2,000 children, and their parents, in the Govanhill area have directly benefited from Barclays support, helping them look beyond current circumstances and consider a range of future opportunities. The Eagle Lab provides a space for entrepreneurs and ambitious businesses to innovate, upscale and collaborate. Barclays decision to build a new state-of-the-art campus in Glasgow will transform the Buchanan Wharf and is a significant commitment to Scotland, with the prospect of up to 2,500 new jobs.
Copylab is a pioneering Scottish exporter. In the past five years, the specialist investment writing agency has become the largest of its kind in the world, creating more than 70 high-value careers in North America, the Middle East, Asia and most importantly, in Scotland. Copylab's specialist financial writers create high-quality, creative and technical communications for asset managers, insurance companies, wealth managers and fintech companies. It’s an accredited Living Wage Employer and has signed the Scottish Government’s Business Pledge. Copylab’s paid internship programme with Glasgow University is a consummate example of a small organisation supporting the next generation.
CYBG, owner of Clydesdale Bank, Yorkshire Bank and digital banking service, B, has created a new technology platform which is transforming the bank into a leading financial services innovator and placing it at the forefront of the Open Banking revolution. The development of the platform was an important strategic objective, making CYBG a truly digital bank, with the ability to deliver flexible, omni-channel capabilities for customers at speed. The platform is operated entirely by its digital team in Glasgow. CYBG’s technology and innovation centre of excellence has created high-value technology jobs in the city and the bank has cemented its long-term commitment to Scotland with investment in a new Glasgow headquarters.
Based in Edinburgh and of critical service to the whole of the UK, Origo is Scotland’s longest running fintech, dedicated to improving outcomes for consumers by transforming the financial services industry’s operating efficiencies. The Options Transfers Service has seen an 80% reduction in the time it takes to transfer pensions and ISAs and its Pensions Dashboard project could have a major, positive social impact. The Integration Hub is helping smaller platforms, providers and software suppliers interface with larger players in the industry. This ability to develop new technologies that connect the industry and help position Scotland at the forefront of fintech is at the heart of Origo’s success.
Previse opened a Glasgow office last year, creating nearly 40 new data science jobs, and established an Edinburgh base shortly after. The fintech company’s mission is to get suppliers paid instantly. Its smart tech analyses the data of a large buyer to predict the very few invoices that are unlikely to get paid, so that the rest can be paid instantly. Previse has quickly become part of the fintech community, partnering with The Data Lab and the University of Strathclyde. It has shown a real commitment to supporting home-grown talent into employment by partnering with Auticon UK to create tech jobs for autistics adults in Glasgow.