01 May 2014
New York
Reporter: Stephen Durham

Software training in the Bronx

A new software testing centre will bring 150 high-technology jobs to the Bronx in New York—equating to $5 million in wages in its first year alone.

Software consulting company Doran Jones is partnering on the software testing job creation initiative with Per Scholas, a non-profit organisation headquartered in the South Bronx that provides free technology education and job placement to unemployed and underemployed adults.

Per Scholas will train the testers through its eight-week software testing education programme (STEP), and the majority of its graduates will go directly to work in the Urban Development Center, occupied and operated by Doran Jones in the same building. Construction begins this summer.

Industry trends in software testing have created an opportunity to meet growing labour demands, improve quality, reduce overseas costs, and reshore jobs to the US. The UDC model establishes and concentrates high-technology infrastructure, resources, and jobs in low-income urban neighborhoods as a conscious economic development strategy.

Keith Klain, COO of Doran Jones, said: “There is a huge quality gap in the software testing market. This solution provides a talent pipeline to that problem and makes meaningful contributions to our local community, our clients, Per Scholas and, most significantly, the graduates of the training programme.”

“This is a blueprint for true Corporate Social Responsibility programmes and further emphasises Doran Jones’s core value of investment in our people.”

Matt Doran, CEO of Doran Jones, commented: “Our first graduates are already working on engagements at client sites, at a couple of Hedge Funds and at a software house, proving that with the right training and mentoring, they can start adding value almost immediately.”

More news
The latest news from Securities Lending Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
No further SFT regulations on the horizon, says European Commission
20 October 2017 | Paris | Reporter: Jenna Lomax
article synopsis 300 characters only so it fits to three lines. always add three periods to finish synopsis...
LEI compliance is non-negotiable, says ESMA
20 October 2017 | Paris | Reporter: Jenna Lomax
Steven Maijoor, chair of ESMA stated that there is no room for negotiation where legal entity identifiers are concerned
US appeals court dismisses US equity lending mismanagement case
20 October 2017 | Missouri | Reporter: Drew Nicol
Allegations of mismanagement of a securities lending programme brought by two US Bank pension beneficiaries was dismissed by the US Court of Appeals for the Eighth Circuit this week
Clearstream promises post-Brexit services continuity
19 October 2017 | London | Reporter: Jenna Lomax
Clearstream confirmed it will continue to offer stable custody services to its UK-based clients no matter how the Brexit negotiations evolve
EU commission lays down the law on MiFID II compliance
19 October 2017 | Brussels | Reporter: Jenna Lomax
Belgium, Malta, France, Greece, Luxembourg, Netherlands, Portugal, Spain and Sweden are among the 19 infringing member states due to face the commission’s wrath
Margin rules depress derivative contract terms, survey finds
19 October 2017 | Brussels | Reporter: Jenna Lomax
Only few changes were reported regarding credit terms and conditions with respect to non-centrally cleared OTC derivatives
AAOI and Euronav top FIS hot stocks lists
18 October 2017 | London | Reporter: Jenna Lomax
The Belgium-based operator of crude oil tankers and storage facilities, has been a regular feature on the list in the last month