Brickendon, which counts many large global financial institutions amongst its clients, will continue to offer enhanced cost-effective solutions. By expanding into exciting growing markets on both sides of the Atlantic, the firm hopes to both support existing clients with their near-shore strategies and to offer award-winning services to new clients.
In recent years, the trend for off-shoring has started to be reversed in favour of returning core functions to head offices or to so-called near-shore locations, such as Poland and Raleigh. Quality challenges, recruiting adequately-skilled staff, and rising costs at off-shore locations have caused this shift, which Brickendon is seeking to take advantage of by expanding in these core markets.
“Both Warsaw and Raleigh are exciting markets,” says Brickendon CEO Christopher Burke. Many of our clients already have offices in one or both regions.
“There are pools of highly-skilled and hard-working talent available in our chosen expansion locations and we are looking forward to having them as part of the Brickendon family.”
Brickendon will look to employ up to 20 per cent of its global workforce in Poland and Raleigh within the first year, with an expectation that staff levels will ramp up quickly as client demand grows.
Brickendon, which specialises across five practice areas of strategy, risk & regulation, data, quality & testing and digital, turned seven earlier this year and is expanding significantly thanks to its innovative and tailored solutions, despite the financial services sector shrinking. Sales in the first quarter were up 60 per cent on the same period a year earlier and the firm is on track to target group-wide sales of £30m by the end of year.