Ken Griffin's Citadel is rebuilding one of its most critical platforms. Here's an inside look at the project.
Reference data is used to identify different securities when making a trade.On Wall Street, making a change to a core system is not unlike undergoing heart or brain surgery.
Reference data is information associated with certain aspects of a given trade, such as what's being traded , who the trade is between , the value or price of a trade, and so on. Having a system that can scale with the growth of the market and support the complexity of multiple trading strategies can have cascading effects to the overall efficiency of the firm. But the existing solution, an unwieldy combination of legacy systems, was limiting Citadel's rapid growth and it needed an upgrade.
"There isn't a team or system in the organization that does not touch this platform," Rituraj Deb Nath, head of enterprise data engineering, a group that oversees reference data and pricing requirements of the hedge fund and Citadel Securities, told Insider.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Amazon's Citadel Cost $250 Million To Make, Had Endgame's Directors... But Nobody Was WatchingAmazon’s spy thriller series Citadel cost more than $250 million for one season, but a new report reveals just how lackluster its viewership was.
Consulte Mais informação »
AG Ken Paxton will not testify at his impeachment trialEmbattled and suspended Texas Attorney General Ken Paxton will not testify in his upcoming impeachment trial that could result in the Republican being permanently removed from office, according to his defense team.
Consulte Mais informação »
Barbie Movie Clip Starring Ryan Gosling Reveals Ken’s JobA brand new Barbie movie clip from Greta Gerwig's upcoming live-action adaptation, features Ryan Gosling's Ken clarifying what his job is.
Consulte Mais informação »
Texas Attorney General Ken Paxton will not testify at his impeachment trial, attorney saysEmbattled Texas Attorney General Ken Paxton will not testify in his upcoming impeachment trial that could result in the Republican being permanently removed from office, according to his defense team.
Consulte Mais informação »
Ken Paxton will not testify at impeachment trial, defense attorney saysKen Paxton’s defense lawyer, Tony Buzbee, made the announcement in a late Monday night statement on the eve of the July Fourth holiday. The Senate could still try to force Paxton to testify, but the statement makes clear Paxton would fight such efforts.
Consulte Mais informação »
Texas AG Ken Paxton will not testify at his impeachment trial: lawyerTexas Attorney General Ken Paxton will not testify in his upcoming impeachment trial that could result in the Republican being permanently removed from office.
Consulte Mais informação »