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Stockfuse Launches Global Markets Insight Game With Barclays - Bank Leverages Gamification And Machine Learning Techniques To Tap Into A Diverse Talent Pool, Whilst Also Providing Students With The Opportunity To Gain Knowledge Of Financial Markets

Date 14/09/2015

Following its time on the Barclays Accelerator programme, Stockfuse, a revolutionary candidate evaluation and talent development platform, today announced that Barclays has selected it to power the first ever Barclays Markets Insight Game as part of its graduate recruitment campaign. By taking part in the game, a total of 18 individuals will have an opportunity to meet with Barclays executives from around the world and be mentored about career opportunities at the bank. Barclays is taking an innovative approach to its global graduate recruitment, expanding the talent pool, improving efficiency, and introducing a “fun factor” to help students increase their commercial awareness and help inform their career choices.

The Stockfuse platform is the first to seamlessly integrate gaming, psychology and machine learning techniques into trading games that provide the most realistic and social trading experience. Stockfuse’s multi-dimensional profiling framework allows candidates to showcase different skillsets for different roles, moving beyond trading skills to encompass cognitive capabilities, risk appetite, engagement, and a multitude of soft metrics.

The Barclays Markets Insight Game is open to all university students in the Americas, Asia-Pacific and EMEA. To enter the game, students must register at Stockfuse.com to participate in specific games over a set time period. Two winners will be selected from each region during each game period and have the opportunity to meet with Barclays professionals to discuss potential career choices and the different graduate programmes available at the bank. Winners will be determined based on their investment returns, overall thought processes and behaviours. The comprehensive profiles, generated by Stockfuse’s innovative machine learning-based algorithm, are continuously refined as participants make investment decisions or interact with others in the game.

“Stockfuse was created to level the playing field for students and give anyone with the right skillset the chance to shine with leading financial institutions, regardless of their backgrounds,” said Sean McCormack, CEO and co-founder of Stockfuse. “We’re thrilled that companies like Barclays have recognized the promise this type of platform represents – helping them expand their reach in a cost- and time-efficient way while enhancing the diversity and quality of their talent pool.”

Derek White, Barclays Chief Design and Digital Officer said: “At Barclays we recognise that to drive innovation in the financial services sector, there is a need to look outside of the organisation and embrace the innovative start-up ecosystem. Our Barclays Accelerator plays a key role in this. Today we’re celebrating a success from the programme as we partner with and look forward to an exciting future with Stockfuse. We’re delighted that Stockfuse is working with us to utilise fintech to help shape and co-create an innovative new recruitment tool in banking.”

“Digital technology plays a role in nearly every aspect of our lives and business sectors,” said Sharon Gillam, Barclays Global Head of Resourcing & Graduates. “Barclays has a responsibility to support both our existing workforce and new talent in this ever-changing environment. Partnering with leading innovators such as Stockfuse will allow us to tap into a more diverse global talent pool and help cultivate students’ future careers.”

The Barclays Markets Insight Game powered by Stockfuse will enable Barclays to reach out to students studying in any campus in the world and engage with students in a more interactive and innovative manner. Students can access the game atstockfuse.com/barclays from September 14th, 2015.

Stockfuse was one of the ten companies on the latest Barclays Accelerator London programme, chosen from over 500 start-ups in over 60 countries worldwide. Powered by Techstars, the Barclays Accelerator is a 13-week intensive startup programme designed to support new businesses to deliver breakthrough innovations in financial technology