HSBC invests in TechWolf to show its ‘commitment to skills intelligence’

AI-powered skills intelligence platform TechWolf has announced an investment from the banking and financial services organization, HSBC.

The investment from HSBC, which has assets of $3,099 billion, is said to help “solidifying its role” as a TechWolf customer, while helping to drive growth and innovation.

“HSBC’s strategic investment in TechWolf marks a significant milestone in our journey, highlighting the growing recognition of skills intelligence as a cornerstone for the future of work,” Andreas De Neve, CEO of TechWolf explains while speaking exclusively to UNLEASH. 

Empowering employees through AI-powered skills

By investing in TechWolf, HSBC shows its commitment to harness advanced skills intelligence as a means to keep its workforce at the core of its long-term strategy. It will also help to solidify TechWolf’s position as a leader in skills transformation.

“At TechWolf, our mission is to empower organizations to unlock the full potential of their workforce by providing actionable insights through AI-powered skills data,” De Neve comments.

HSBC’s support not only validates our vision but also accelerates our ability to help global enterprises navigate the challenges of a rapidly evolving talent landscape.”

De Neve continues to explain that the platform’s partnership with HSBC will boost the shared mission to transform workforce management, while demonstrating “the pivotal role that data-driven insights play in shaping the future of work”.

Announcing the news on LinkedIn, De Neve welcomed the expanded commercial partnership with the bank.

Rob Etheridge, Group Head of Workforce Strategy at HSBC – who will be joining TechWolf’s Board of Directors as an observer – explained that the implementation of AI will help HSBC focus on skills-led workforce management.

“We’re pleased to be working with TechWolf as a pioneer in this space to help us develop the right skills as a global organization, not only to drive HSBCs competitive advantage but also to provide our employees more agency to build their careers into the future,” Etheridge shared.

Concluding, De Neve says: “We’re excited for what’s ahead as we continue shaping the future of skills.”