--- title: 'Senior Business Analyst (contractor), London at ION Group' canonical: 'https://feeny.ai/job/senior-business-analyst-contractor-london-ion-group-london-03y5hg6ygt15' type: 'job' last_seen: '2026-10-23' --- # Senior Business Analyst (contractor), London at ION Group - **Company:** ION Group - **Location:** London, United Kingdom - **Work type:** hybrid - **Posted:** 2026-10-20 - **Last confirmed live:** 2026-10-23 - **Apply:** https://jobs.lever.co/ion/8546b84a-98ae-4592-88c8-94793bf6a2ff ## Job description What are we trying to do? Lab49 was founded in 2002 with a deep pool of business and technology talent and a global reach. We specialize in helping clients realize rapid transformational change at an industrial scale and operate historically towards the upper tiers of banking and capital markets, to include banks, hedge funds and exchanges; assisting those companies with their most key strategic business programmes and technology investments. What do we need help with? We are looking for an experienced consultant to work on a large institutional multi-year business transformation and integration project in cross border payments. What will you do? Business analysis - Develop business requirements and backlogs - Develop detailed business specifications, including worked numerical examples - Develop functional architectures and solutions designs - Develop delivery roadmaps, identify dependencies, risks and issues - Perform business process reengineering Consulting - Work as part of a team in hybrid manner - Engage with client stakeholders to ascertain requirements, and validate Lab49 output - Facilitate workshops between Lab and client to resolve issues, risks and discover requirements What do you need to know? ## Skills & Knowledge - Working knowledge of financial markets, some experience of payments - Working knowledge of typical financial flows and architecture - Understanding of business process modelling - Ability to gather and document business requirements - Understanding of agile methodologies including the creation of epics / user stories and the effective management of backlogs - Stakeholder management - Excellent communication skills; able to represent the team, project and firm in all manner of client situations - Willingness and ability to get “hands-on” as needed; developing detailed specification and numerical examples ## Experience - Experience with business analysis projects both as an individual and as part of a team - Experience with business analysis in the financial markets environment - Experience working with IT teams to deliver products / solutions - Experience with projects from inception through to delivery - ## Experience working in an agile environment Who are you? - You want to help clients gain a deep understanding of their business processes and work with them to identify new and improved ways of working - You like to see things through from idea to final product - You keep up with the latest business trends in the market - You keep up with the latest techniques, e.g. Deep Learning, NLP, AI and how they can be used to solve problems, increase productivity - You pay attention to the details - You have the sufficient confidence and credibility to represent Lab49 to the client - You have the ability to understand the client need and articulate that to our internal teams - You have the drive and ability to be successful in new environments and domains. - You actively learn and develop your capabilities through self-study, and your network of peers and expert groups and organizations Why should you come work for us? It is a challenge. Your peers will push you, and you will grow in leaps and bounds that is impossible in traditional organizations. ## About ION Group ## Company Overview - **One-liner**: ION Group delivers mission-critical trading, treasury, and workflow automation software to financial institutions, corporations, central banks, and governments. - **Entity Type**: Private (privately held, with venture funding rounds) - **Headquarters**: London, United Kingdom - **Founded**: 1998 (per Crunchbase and LinkedIn) / 1999 (per Wikipedia) - **Founders**: Andrea Pignataro ## Core Business - **Primary industry**: Financial technology (trading & risk management, treasury, capital markets software) - **Target customers**: B2B – banks, asset managers, hedge funds, central banks, corporates, and governments - **Mission/purpose**: “We help our customers do more, faster and better than before” by combining automation with a strategic view of the industries they serve. ## Products & Services (Source: [crunchbase.com](https://www.crunchbase.com/organization/ion-group)) - **Openlink**: Treasury and risk management platform for commodity-intensive organizations (real-time cash management, FX, derivatives trading). - **City Financials**: Pre-configured treasury and risk management solution for multinational corporations. - **Treasura**: SaaS-based treasury management system for advanced cash management. - **Reval TS**: Liquidity management system for banks (cash concentration, visibility, interest calculations). - **ETRM/CTRM Solutions**: Energy and commodity trading and risk management solutions. - **XTP Execution**: Integrated cleared derivatives trading solution (order management, execution, connectivity). - **Fidessa, Dealogic, Acuris, Allegro**: Acquired platforms covering equities, derivatives, M&A data, and capital markets analytics. ## Market Standing - **Valuation/Market Cap**: Not disclosed (private company) - **Key Metrics**: - **Annual Revenue**: $3.3B (per LinkedIn – source: [linkedin.com](https://linkedin.com/company/iongroup)) - **Total Funding**: $400M (venture round in May 2016) + €35M (venture round in June 2004) – source: [linkedin.com](https://linkedin.com/company/iongroup) - **Notable Investors/Partners**: No lead investors explicitly named; early rounds from undisclosed sources. Key partners include financial institutions using its platforms. - **Growth Signals**: - Headcount: 2,944 (LinkedIn, +1.7% YoY) vs. 13,000+ (careers page – discrepancy likely due to different reporting methods). - Major acquisitions: Dash Financial Technologies (2021), Clarus Financial Technology (2021), Broadway Technology (2020), Acuris ($1.8B, 2019), Prelios S.p.A. ($1.5B, 2023), Fidessa (£1.5B, 2018), Allegro (2019), Dealogic (2017). - Never sold a business since founding (Wikipedia). - Operates in 18+ countries, 84 offices globally. ## Competitive Advantages - **Breadth of mission-critical software**: Covers the full trade lifecycle (pre-trade, execution, risk, treasury, post-trade) for multiple asset classes. - **Acquisition-driven expansion**: Absorbed market leaders in different niche verticals, creating a unified platform with deep domain expertise. - **Long-term ownership mentality**: Founder Andrea Pignataro has never sold a business, signaling stability and commitment. - **High switching costs**: Clients rely on ION for core financial operations; replacing systems is extremely difficult. - **Global scale**: 13,000+ employees, 84 offices, presence in 46 countries (LinkedIn breakdown). ## Strategic Focus - **Automation & AI**: Investing heavily in research and development to “shape the future of automation” (company website). - **Expansion into asset management**: Acquisition of Prelios (2023) and Clarus (2021) signals push into real estate and derivatives analytics. - **Graduate development programs**: Launching programs in Pisa, Trento, and other locations to build talent pipeline. - **Resilience after ransomware attack**: In Feb 2023, LockBit ransomware hit ION’s derivatives platform; clients faced disruptions but systems were restored within weeks. The company continues to focus on security and compliance. ## Why Work Here - **Culture**: Described as “visionary innovators” with a “positive culture of continuous improvement.” Emphasis on community and collaboration. - **Remote/Hybrid**: Some roles are hybrid (e.g., Milan-based positions); many are office-based depending on location. The careers page lists full-time and hybrid options. - **Notable perks**: Graduate development programs, global mobility across 84 offices, exposure to mission-critical financial systems. - **Engineering culture**: Large technical team (1,060+ in technical roles), with focus on React, DevOps, cloud engineering, and AI. Recent open positions include Senior Web UI Developer, iOS Engineer, and AI Engineer. - **Growth trajectory**: Rapid scaling through acquisitions and organic hiring; opportunities to work on cutting-edge fintech products. - **Diverse locations**: Offices in London, New York, Noida, Budapest, Chisinau, Milan, Mexico City, and more. ## Sources 1. [linkedin.com](https://linkedin.com/company/iongroup) – Employee count, revenue, funding, acquisitions, workforce breakdown 2. [en.wikipedia.org](https://en.wikipedia.org/wiki/Ion_Group) – Founding, founders, acquisition history, ransomware attack 3. [crunchbase.com](https://www.crunchbase.com/organization/ion-group) – Products, funding, overview 4. [iongroup.com](https://iongroup.com/careers/) – Careers page, open positions, company values 5. [jobs.lever.co](https://jobs.lever.co/ion) – Current job listings ## Other roles at ION Group - [Lead Product Manager, New York](https://feeny.ai/job/lead-product-manager-new-york-ion-group-new-york-crj0m4g4np28) — New York, NY - [Senior Regulatory Reporter](https://feeny.ai/job/senior-regulatory-reporter-ion-group-beijing-tefwrsdpyqjq) — Beijing, China - [Rotational Analyst, 2027 Leadership Development Program, London](https://feeny.ai/job/rotational-analyst-2027-leadership-development-program-london-ion-group-london-zecqy3qhy7k0) — London, United Kingdom - [Software Developer, 2027 Leadership Development Program, Woking](https://feeny.ai/job/software-developer-2027-leadership-development-program-woking-ion-group-woking-63fhjhq1v5zm) — Woking, United Kingdom - [Technical Product Analyst, 2027 Leadership Development Program, ION Group, India](https://feeny.ai/job/technical-product-analyst-2027-leadership-development-program-ion-group-india-kn703f25v8pb) — Noida, India - [Software Developer, 2027 Leadership Development Program, ION Group, India](https://feeny.ai/job/software-developer-2027-leadership-development-program-ion-group-india-ion-j3cqyk9whvyn) — Noida, India - [LAB49 Principal/Lead Android Engineer](https://feeny.ai/job/lab49-principal-lead-android-engineer-ion-group-noida-rfcfnfjb6r9y) — Noida, India - [LAB49 Senior Android Engineer, Noida](https://feeny.ai/job/lab49-senior-android-engineer-noida-ion-group-noida-fw2xty5cdcd5) — Noida, India - [PMO Analyst, LAB49 Noida](https://feeny.ai/job/pmo-analyst-lab49-noida-ion-group-noida-0sf170pnrwjh) — Noida, India - [Integration Analyst](https://feeny.ai/job/integration-analyst-ion-group-jersey-city-0vfdk9gy9g2p) — Jersey City, NJ