In demand, derivative product experience in technology November 5, 2006
Posted by dangallagher in Recruitment trends.trackback
The value of the credit derivative markets has doubled in value over the past few years and with it the need for technologists with an understanding of the rates world. Along with the rapid growth of the derivatives industry we are also seeing rapid growth in the exotic and hybrids market. With the advent of synthetic products many banks are crying out for business analysts and developers to work on pricing and risk management projects.
If you are currently working as a business analyst or developer in an interest rate derivative or fx options project than you should consider a change into the world of exotics and hybrids. As this is a relatively new arena it would be a good move in terms of building upon your existing product knowledge. With retailed structured products and exotic commodities becoming the norm the opportunity to help build leading edge technology solutions has never been so strong.
The best advice we can give you is to get out of IT and do it for yourself!