|
Metro Orlando provides a wide spectrum of benefits to
organizations that focus on financial services operations, and
technology. Of the ‘Big 6’ U.S.-based core banking and credit union
software providers, four have major operations in Orlando. Fiserv
and The Bank of New York Mellon, for example, have found Orlando to
be so conducive to their business that they’ve expanded numerous
times, bringing in sister companies and subsidiaries. Home-grown
and smaller companies in the industry have also met with great
success in Orlando. Key to industry growth are several assets,
including well-regarded post-secondary institutions for computer
science; a young, highly skilled and multi-language workforce;
highly reliable electric power and world-class telecommunications
infrastructure, strong support industries and committed community
backing.
Marketplace: With more than 4,600 financial services
and financial technology companies collectively employing over
50,000 people in Metro Orlando, the region has moved to the
forefront as a hub for the industry, with a solid concentration of
companies in the sectors of software development, banking and
finance, investments and insurance.
Workforce: Metro Orlando has a young, diverse and
tech-savvy workforce – which serves the financial services and
financial technology industry well. The region is also experiencing
substantial employment growth in the industry.
Education: From a financial technology perspective,
the University of Central Florida (UCF) provides more undergraduate
and graduate diplomas in Computer Science than any other state
university in Florida. As the second largest university in the
country, UCF also graduates more than 900 economic, accounting and
finance majors. And hundreds more are graduating from local
educational institutions with business management and
marketing-related degrees, as well as MBA's.
Industry Organizations and Involvement: Financial
services and financial technology professionals are engaged in
several industry organizations here, from local chapters of
national and state associations to the Institute of Internal
Auditors, which is headquartered in Orlando. In addition, a
public-private initiative, called Financial Florida, works to
create the best possible business environment for retaining and
expanding financial services in the state.
Incentives: The Metro
Orlando community is committed to advancing the growth of the
financial services and financial technology in the region. To that
end, there are a number of opportunities for grant funding and
other financial incentives available to attract new businesses to
Metro Orlando and to enhance existing organizations.
|
