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Customised FinTech course being launched in BVI

A customised Financial Technology (FinTech) course is being launched in the British Virgin Islands.

FinTech is an emerging and innovative category of technology used to create easier ways to utilise and deliver financial services.

The course to be introduced is a collaboration between the Financial Services Institute (FSI) at HLSCC, BVI Finance, and the National University of Singapore (NUS).

A media release from BVI Finance said the online programme is proposed to launch in August and is designed to support the development of FinTech professionals in the BVI.

Noting the relevance of the course, CEO of BVI Finance, Elise Donovan said the BVI’s cryptocurrency market is among the largest in the world, adding that leading FinTech companies have chosen to incorporate in the BVI.

To that end, she said there is a gap between what the industry needs in terms of talent or human capital, and what talent can be sourced in the BVI.

Donovan said the FinTech course is, therefore, one of the first steps in bridging the gap which will allow the BVI to further grow the sector and become more tech-savvy and on par with countries like Singapore.

The FinTech course targets new graduates and mid-career professionals who are looking to upskill. And according to BVI Finance, the overall objective of the course is to develop the BVI FinTech ecosystem and enable local talent to compete globally.

Upon completing the course, participants will receive professional certifications from NUS.

Available jobs in FinTech

The programme was announced at a virtual information session on April 28. Donovan as well as FSI Director Dr Derry Hodge, and NUS Associate Professor Keith Carter facilitated the session.

And according to Professor Carter, careers available in the FinTech sector, which includes both technical and business roles.

He said the technical roles available include front-end developers, back-end developers, database engineers and security engineers. On the other hand, business roles include project managers, adoption/ change managers, business analysts, automation engineers, quality leads and graphic designers.

In the meantime, news of this course follows the July 2018 announcement from Professor Carter that NUS is willing to enter into an agreement with the BVI to train locals in FinTech and associated areas.

Persons seeking more information are invited to contact the Financial Services Institute via telephone 284-340-6310 and 284-340-6322 or via email on derhodge@hlscc.edu.vg or derry.hodge@fsibvi.com.

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6 Comments

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  1. Par says:

    “par with countries like Singapore” WOW. Good luck with that promise. Just do your financial services business in Singapore now instead of waiting for the BVI to catch up.

    • First says:

      First you might want to teach reading, writing and basic math. Seems like offspring can’t do those functions upon departing high school. How can they continue to college?

  2. "on par with countries like Singapore" says:

    lol, in what universe. Start with the basics. Learn how/why to fix the redirects on the HLSCC website and the government site for that matter. When you’ve got that down you’ll be on par with my 5th grader.

    Like 8
    Dislike 1
  3. Guy Hill says:

    Gotta start somewhere. Singapore success didn’t happened by osmosis.

    • Hi Guy! says:

      I would argue it did happen by osmosis. The pressure on society created by the the old Prime Minister, Lee Kuan Yew, propelled Singapore to what you see today.

      I would also argue it’s what the BVI needs.

  4. Alrighty then... says:

    “BVI’s cryptocurrency market is among the largest in the world”

    IS IT???! I do not understand this claim at all.

    And our internet is shockingly poor and our electricity very expensive (and very dirty).

    I support the training ideas here for FinTech capability, but these skills will be exported unless we can do something more meaningful here.

    We suffer disproportionately from extreme weather events caused at least in part by climate change. So, if we are going to try to compete globally in any tech, we need to do the following:
    Carbon offsetting
    Clean energy
    Remove the BVIEC greedy, short-sighted constraints on solar pv systems

    Small island develping states (SIDS) are massively and unfairly impacted by the actions of bigger industrialised nations. So, if Fahie wants to complain about the UK and other former colonial powers, and CHINA, then he should be shouting about climate relatd inequality which is THE current political trend, rather than slavery which will get him nowhere.

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