The Client 

A successful mid-sized Fintech headquartered in London, with several growing international locations.

The Problem 

A significant challenge for the internal talent team, tasked with identifying and sourcing a diverse pool of industry specific professionals within design, architecture, development, testing and product management. The launch of a new, complex, payment orchestration platform required a highly qualified technical team, critical to the successful rollout. 

The use of external recruitment agencies or consultancies was prohibited by senior management. Upholding control over the hiring process, making full use of their internal resources and keeping costs down was their understandable goal.  

Despite the team's efforts, their recruitment strategy failed to deliver suitable candidates due to the stringent requirements and the importance of understanding the technical elements and product delivery to an advanced level. After several weeks of insufficient progress, senior management reevaluated their approach. Urgency was realised and it was agreed support from external parties was essential. 

The Solution 

Acknowledging the need for specialist support, the company decided to collaborate with a reputable consultancy capable of conducting a full analysis of their requirements. They sought a partner capable of understanding the technical demands to a high level and the ability to deliver results in the form of a strong technical professionals. 

Hydras was selected and immediatlty performed an in-depth assessment of the company's needs and supported the team on developing a new strategy. Hydras implemented a targeted recruitment plan leveraging their technical experience and network. A list of competitors were assessed who had delivered similar products in order to headhunt ready-made teams ensuring immediate synergy and working partnerships. This approach required consideration of several factors, including the tech stack, team dynamics, cultural fit, and potential competition clauses concerning client bases. 

The Outcome 

Through the collaborative efforts of Hydras and the internal talent team, all critical positions were filled in under ten weeks, employing a mix of traditional sourcing techniques, technical interviewing which was managed internally by Hydras and headhunting. The internal team contributed significantly throughout the process, facilitating collaboration and on-boarding. 

The successful outcome demonstrated the effectiveness of the partnership and the ability to adapt strategies to meet client needs. The newly assembled team, several of which had worked together previously on successful products instilled confidence in senior management to further position themselves as a major player in the Fintech industry. Hydras remains at hand to support the team further when the needs arise.