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> Money (highest you will get outside of FAANG or winning the startop lottery) In some cases finance > FAANG. But you're still treated like a very highly paid
by bradleyjg 8y ago
> Money (highest you will get outside of FAANG or winning the startop lottery)
In some cases finance > FAANG. But you're still treated like a very highly paid janitor.
- gadders 8y agoBeing old (nearly 50), I think the relation between front office and IT has changed. Whereas before IT people were looked down upon, the relationship seems to be getting a lot more collegial. Traders realise that without having the best technology, they won't make as much money and are reliant on their technologists for this. A senior dev in the department I am in now who works on a front end for trading derivatives had the head of trading and other traders come to his leaving drinks. This would be pretty unheard of 50 years ago.
- AlexTWithBeard 8y agoThis is correct. A good IT guy is worth his weight in gold and is revered by the desk. These days if your trading system is down you can do literally nothing. Just sit there and think about the money flowing out of your book...