A group of banks are working to help solve the current lack of IT talent in the sector.
NatWest and the Financial Services Skills Commission are spearheading a framework to deal with the current IT skills gap in banking.
The Framework has been expanded over the past year with the collaboration of Danske Bank, Barclays and more.
It has identified crucial skills to improving the sector.
What does this mean?
The framework has identified skills which can make the sector more competitive amid a shortage of talent in more technical roles. A toolkit has also been published to help companies identify future skills that will be needed for their business.