KPMG’s Glasgow Technology Advice Unit Could Create 400 Jobs
Professional services firm KPMG believes Scotland has a “real depth of talent” feeding in from its schools, colleges and universities.
KPMG plans to open its second UK managed services hub in Glasgow, creating up to 400 jobs. The professional services firm is hiring a mix of experienced engineers and software developers, as well as graduates and apprentices, for the office.
About 50 workers have already been recruited, with another 150 expected to be taken on this summer.
Catherine Burnet, a senior partner for the firm which offers a range of audit, tax, financial and strategic advice to customers worldwide, believes that the Glasgow office will create as many as 400 jobs over the next three years.
Burnet is confident that managed services will play a key role in the firm’s growth in Scotland.
She said: “We recognise the country has a real depth of talent feeding in from its schools, colleges and universities, as well as an established financial services sector, and we want to harness those as part of our long-term strategy.”
Managed services is a relatively new offering, she noted, and KPMG sees significant growth potential as clients across sectors increasingly have to rapidly respond to changes in regulations in areas such as finance, technology, data handling and privacy.
Burnet said: “Additionally, there’s a real demand for bulk data analysis, which enables organisations to make more informed and smarter business decisions in a more efficient manner.
“Managed Services effectively answers those calls by quickly mobilising large teams, using the most appropriate technologies and processes, and combines them with our specialist insight to deliver a cost-effective and quality service.”
KPMG says its latest investment follows a strong year in Scotland, where all parts of the practice delivered a positive performance.
Burnet added: “As of the end of our last financial year we had more than 1,050 staff in Scotland and we are committed to growing this figure with the launch of the new hub, alongside wider firm growth.”
Economy Secretary, Derek Mackay, welcomed the news that KPMG will expand its presence in Scotland, stating: “I am delighted that KPMG have decided to create up to 400 jobs over the next three years in Glasgow and I welcome their substantial investment in the city, which is rightly emerging as a fintech hotspot, and the wider sector.
“This expansion is an exciting development for Scotland’s financial services industries and will help attract even more investment to Scotland. I know that our tradition of excellence in financial matters and the services industry, alongside the availability of skilled and talented individuals in Glasgow, will have influenced KPMG’s decision to expand their presence in Scotland.”
Mackay added: “This commitment sends a strong message that even in these uncertain times, we remain open for business and shows great confidence in Scotland as a centre of excellence for financial services.”