Bermuda Tech Summit Taking Place This Week

October 12, 2021

The Bermuda Tech Summit is set to get underway tomorrow [Oct 13], with Steven Rees Davies to chair a breakout session entitled ‘Living, Employed and Deployed in Tech Central’ on Thursday [Oct 14].

A spokesperson said, “Employment opportunities that could emerge as a result of Bermuda’s growing technology sector should not be underestimated, according to Steven Rees Davies, a partner at Carey Olsen Bermuda Limited and key adviser to clients in the technology space.

“Steven, who is chairing a virtual breakout session, ‘Living, Employed and Deployed in Tech Central’, at this week’s Bermuda Tech Summit [13 – 15 October], said there was a misconception that job creation would be limited and only available in highly specialised technical roles.”

Steven Rees Davies Bermuda Oct 2021

Mr. Rees Davies said, “I feel there is a perception that jobs in this fast-growing sector only exist in a finite number of areas, whereas the truth is that employment opportunities in this industry are, and will be, extremely similar to those that exist in any other.

“Whether they be in legal, compliance and accounting roles or in office support, coding and engineering, the exact same network of jobs will be created that you already see in finance and other well-established industries in Bermuda.

“Sectors ancillary to a thriving technology industry would also see a notable uptick in on-island demand and opportunities as they would naturally need to grow to support it, which would be great news for the economy generally.”

The spokesperson said, “Panelists for the session, which takes place on Thursday, 14 October, from 12.30pm to 1pm, include Jeff Baron, head of compliance at Bittrex; Stephanie Shih, general counsel at XBTO Offshore Group; and Tasha Jones, counterparty manager at Stablehouse.

“Steven, who worked with the Bermuda government and other stakeholders in the introduction and development of Bermuda’s digital asset legal and regulatory regime, represents a significant number of technology companies headquartered, or with operations, in Bermuda. He said he encouraged those keen to learn about what a successful technology sector means and looks like for Bermuda to attend the session.”

Mr. Rees Davies said, “It’s a really exciting time for anyone interested in being part of the global technology space and more specifically those businesses that Bermuda has already legislated for.

“Bermuda has already become a destination of choice for those businesses looking for legal and regulatory credibility and certainty and so it is an ideal time for Bermuda residents to consider the growing number of options that are becoming available in this sector.”

The spokesperson said, “Hosted by the Bermuda Business Development Agency, this year’s Bermuda Tech Summit is being held virtually from 13 – 15 October.

“Those interested in attending the breakout session, ‘Living, Employed and Deployed in Tech Central’, are invited to register for the event by visiting the summit website.

“Carey Olsen is proud to be a silver sponsor of the event, which also sees Steven appearing as a panelist for a discussion around Bermuda’s future digital infrastructure, while counsel Sheba Raza will be moderating a panel session on tech investment trends and the private wealth sector.”

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