UK building society Nationwide is to open a new digital innovation centre in London. it will house around 1,000 people and create 750 new digital, data and technology roles.
In addition, Nationwide unveiled plans to expand in Swindon as well. Nationwide hopes the moves will attract the talent it needs for the future.
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By GlobalDataThis follows Nationwide’s announcement in September 2018 that it would spend an additional £1.3bn ($1.7bn) on technology
The building society has set its sights on investing more in online and mobile banking as consumers increasingly switch over to digital.
Ramsbury House in Swindon and The Post Building in London will be the new locations. The London building will host around 1,000 Nationwide employees and a Digital and Technology Innovation Centre. Nationwide is actively recruiting and there will be close to 750 new jobs in the near future.
Swindon will host around 700 people from the building society’s existing digital team.
Joe Garner, CEO of Nationwide Building Society, said: “The way our members are engaging with us is continually changing, and we recognise the importance of investing in the skills and capabilities needed to continue to meet our members’ needs today and in the future. We now have over four million digitally active members, and that number is growing all the time as each week and month passes.
“We are excited to be returning to our roots in Holborn, where we were once headquartered back in 1894. All of our market analysis demonstrated the new location is the best place to attract industry-leading talent within the fintech capital of the world. Purchasing a new site in Swindon is also an important part of our future, as we continue to help the local community to grow. With growing demand for our services, this is about recruiting skills and experience into Nationwide, alongside developing talent from within our current workforce, so that we have the broad range of skills needed to deliver the Society’s digital and data transformation strategy.”