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BlueMax opens specialist banking and finance IT recruitment consultancy

21 October 2004  |  2114 views  |  0 Source: BlueMax IT Recruitment Limited

Recruiters in the Finance and Banking IT marketplace have long felt that few recruitment consultancies understand the complexities of the marketplace – and subsequently waste a great deal of recruiters time with candidates lacking in the required skills and experience.

BlueMax is a dedicated, premier, boutique IT Recruitment consultancy specialising in banking and finance – and only banking and finance. BlueMax focus sectors are investment and retail banking, insurance and IT solution providers – with a particular emphasis on Compliance, Basel II and Anti-Money Laundering Fraud professionals.

Nigel Wood, General Manager for BlueMax believes there is a gap in the market for a consultancy that understands the banking functions and IT needs of the banking and finance community. The proposition of the consultancy is to use its knowledge and its network to best serve clients and candidates needs by providing high calibre – and appropriately skilled and experienced professionals – to reduce project delivery risks and costs. BlueMax’s consultants have some 40 years experience of IT, banking and recruitment.

The consultancy provides permanent and contract IT professionals – project managers, business analysts and leading edge programmers – with banking IT project experience to the following segments:-

• Regulatory Compliance - Basel II, FSA
• Anti – Money Laundering Fraud – Basel. FSA
• Investment Banking – Front, middle and back office STP processing projects
• Retail and e-Channels banking:- Internet, CRM, wealth management projects
• Credit and Debit card processing projects

Nigel Wood adds BlueMax has found significant market interest and placement potential in regulatory compliance, particularly Basel II being a major priority for banks and financial institutions. Equally, we have found some ‘uplift’ in new service driven, top line banking project starts - proof of market recovery in City IT projects. As BlueMax has a deep and narrow focus on the above segments, BlueMax believes it is well placed to benefit from this increased demand by differentiating though its niche focus and specialised services.

In the medium term the Company plans International expansion.

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