Sunday, September 8, 2013

Fwd: what tech skills are in demand outside Wall St?

Roland,

How is it going? I believe what you wrote. JQuery is purely browser-side but I'm short (i.e. biased against) browser technology. I have chosen to move away from it, so I am seeing all the reasons to support my short position ...

For trading systems
* most biz logic is on some kind of server side daemon, i.e. no web server
* the dominant user interface is not browser but a desktop GUI in c#, swing or something older
* there are often some reporting tool. I think they are often but not always browser based.
* In addition, there are some web interfaces that expose in ReadWrite mode the data residing on the server-side.

For risk and backend systems
* i feel the UI tends to be browser, and server side would include a web server.
* the business logic is usually on the server side. Sometimes it's a batch job. Sometimes message driven in real time.

For other financial/banking apps, I'm not sure, but web technology is used more for sure.

How about the GS private wealth systems? Which category? I would put it under the "other financial" category. It has a lot of database-centric software modules, and there's also a lot of online service modules.

Outside finance, I feel web technology is prevalent, mainstream, dominant, often the default choice for a given requirement. Financial technology is a niche. I said the same thing in my 2010 blog http://bigblog.tanbin.com/2010/06/web-skillset-to-keep-our-head-above.html.  If we want to stay close to the mainstream and be employable across the tech world, then invest in web skillset.

---- your wrote ---
However even with financial sectors, there seems to a growing need for front end technologies.  JQuery seems to be very hot.

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