5 Future of Finance Industry Trends and How to Prepare Your Skill Set

The finance landscape is changing faster than ever. To thrive in a competitive environment, current and future finance professionals need an understanding of not only today’s finance world but also its future. 

Here are five emerging trends in finance to pay attention to, plus all you need to know about how to navigate future finance jobs and skills with confidence and how to choose the right financial training. 

Finance Trends: 2025 to 2030

Here are five of the most significant ways the finance industry is changing. 

1. Fintech Is Overhauling Financial Landscapes 

Fintech is driving digital transformation in finance. A huge variety of fintech, like digital payment apps, cryptocurrency, and blockchain, is changing the way consumers interact with money and wealth. 

Over the next few years, expect increasing emphasis on fintech for B2B transactions, regulatory matters, and other business operations. 

2. AI and Automation Are Transforming Operations

To understand just how AI is changing finance at its very core, we just need to look at the range of uses it now has. AI is already:

• Automating operations like data entry and document processing
• Enhancing customer experience with chatbots and hyper-personalized experiences
• Detecting fraud
• Providing real-time insights to traders
• Helping manage risk via data analysis. 

While the use of AI will continue to grow, it is not expected to replace human expertise. What the finance industry needs, however, is professionals with the right training to understand AI’s capabilities and harness its potential within varying organizations.  

3. Cybersecurity Is a Top Priority

Due to the high-stakes nature of financial data and the potential impact of cyberattacks, cybersecurity is a priority within financial organizations. 

To stay one step ahead of cyber criminals, businesses will increasingly need to be aware of an evolving threat landscape and put measures in place for regular security audits, advanced threat detection, and incident response planning. 

4. Sustainability Is at the Forefront of Planning

Environmental and social governance (ESG) and finance industry roles are increasingly interwoven because of ESG’s link with financial performance. 

A combination of demand from investors for ethical financial products and fines for regulatory breaches means ESG performance impacts profits. Companies will be looking for professionals who are fluent in ESG metrics and regulations in the financial services sector. 

5. Finance Business Models Are Shifting 

Advancing technology, changing expectations of customers, and the increasing use of data are just some of the driving forces behind shifting business models within finance. 

We’re moving away from traditional practices towards more data-driven approaches that are asset-light and help connect customers to a greater choice of financial products. The industry will need forward-thinking professionals to oversee these structural changes. 

How to Prepare Your Skill Set 

Here’s how to ready yourself for the future of the finance industry, no matter what your experience level is.

For Current Finance Professionals

You can already see the impact of fintech, automation and AI in the workplace and that a radical re-landscape is already taking place. If you’ve been in the finance industry for years or even decades, you probably feel a mix of excitement and trepidation. 

To embrace the opportunities the future of the finance industry trends bring, skill adaptation is crucial. As more and more traditional accounting and finance tasks are automated, you will need to evolve your proficiencies towards strategic insight capabilities and fluency in technology. 

These are the skills you should consider developing:

• Understanding and presenting data
• Proficiency in tools like Tableau, Power BI, Python, and R
• Knowing how to leverage AI and machine learning
• Understanding sustainable finance principles
• Knowledge of cybersecurity rules and regulations
• Outstanding communication and customer liaison skills, which can be developed through effective soft skills training for individuals or bespoke corporate training.  

For Future Finance Professionals

If you are enrolled or are considering enrolling in either the ACCA course or CFA training, you can rest assured that these qualifications are the best possible preparation for any role in the rapidly evolving world of finance. Both courses are known to be forward-thinking in their content and to regularly update their curriculum. 

Through the ACCA or CFA, you will become a flexible and adaptable financial professional with the most up-to-date knowledge and skills possible. 

Future Proof Your Skill Set With Phoenix Financial Training 

With Phoenix Financial Training, you have the opportunity to study for the CFA or ACCA qualifications with a leading financial training academy and the longest-standing ACCA provider in the UAE. We also offer the ACCA Jumpstart programme, a course designed to kick-start a career in the financial world. Plus, there are other high-quality courses for existing finance professionals to upskill, such as IFRS. 

You can also look forward to benefiting from:

• The expertise of committed, full-time tutors
• Tailor-made study notes
• A lifetime pass guarantee, subject to good attendance
• Social events and fun networking with other students
• A dedicated careers and recruitment arm. 

To find out more, contact us today.